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Tag: Silvergate Capital
Silvergate’s Story Is About Fundamentals, Not Just Crypto
[ad_1] The lender’s problems stemmed partly from age-old banking risks such as concentration and matching assets and liabilities [ad_2] Source link
Crypto Bank Silvergate to Shut Down, Repay Deposits
[ad_1] Markets Currencies Cryptocurrency The crypto-market rout sparked a run that forced it to sell assets at a steep loss to cover withdrawals [ad_2] Source link
Crypto Firms Ditch Silvergate, a Favorite Bank Partner
[ad_1] Markets Finance Bank said late Wednesday that it was at risk of being ‘less than well-capitalized’ [ad_2] Source link
Crypto Stocks Jump Despite Looming Regulatory Pressure
[ad_1] Markets Currencies Cryptocurrency The gains suggest investors are taking a proposed SEC rule on digital-asset platforms in stride [ad_2] Source link
Crypto Banks Borrow Billions From Home-Loan Banks to Plug Shortfalls
[ad_1] Markets Currencies Cryptocurrency Signature and Silvergate turn to government-chartered lenders after customer withdrawals surge [ad_2] Source link
U.S. Moves to Seize Robinhood Shares, Silvergate Accounts Tied to FTX
[ad_1] Federal authorities’ seizure of funds comes as the prospect of customers recovering some billions in cash and crypto assets remains in limbo. [ad_2] Source link
WSJ News Exclusive | Silvergate Raced to Cover $8.1 Billion in Withdrawals During Crypto Meltdown
[ad_1] WSJ News Exclusive Cryptocurrency Bank sold assets at a loss to cover withdrawals and cut 40% of its staff but remains committed to crypto [ad_2] Source link
Judge Ordered Seizure of Money from FTX Digital Markets Accounts at Silvergate
[ad_1] Markets Currencies Cryptocurrency Silvergate accounts held about $93 million [ad_2] Source link
Lawmakers Want Answers From Silvergate About FTX Transfers
[ad_1] A trio of senators said an account at the bank “appears to be at the center” of the improper transfer of customer funds. [ad_2] Source link