Browsing Tag
#Silvergate
13 posts
Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse
Crypto-friendly Silvergate Bank ultimately collapsed this year due to over-dependence on risky crypto deposits and nepotism that led…
Binance sold USDC for BTC and ETH after Silvergate Bank collapse: PoR report
Cryptocurrency exchange Binance released its latest proof-of-reserves (PoRs) on Aug. 1, offering transparency into its crypto reserves. However,…
Silvergate begins NYSE delisting process as it readies to cut 230 staff
The parent company of the collapsed Silvergate Bank will be delisted from the New York Stock Exchange, and…
Binance.US unable to find bank partners in the United States: Report
The United States arm of global crypto exchange Binance has been facing challenges in establishing a new bank…
Tether ‘unequivocally reiterates’ no exposure to Signature Bank
After a Bloomberg article alleged exposure between stablecoin provider Tether and the now-collapsed Signature Bank, rumors began to…
Marathon Digital posts quarterly record of 2,195 Bitcoin mined in Q1
Bitcoin (BTC) mining firm Marathon Digital has reported a quarterly record of 2,195 BTC mined over the first…
Kraken to suspend Plaid withdrawals and deposits via ACH Silvergate
Major cryptocurrency exchange Kraken is experiencing difficulties with the withdrawal and deposit channel related to the automated clearing…
Banking crisis: What does it mean for crypto?
Banking crisis: What does it mean for crypto? Sourced from cointelegraph.com. Written by Marco Castrovilli on 2023-03-17 17:00:00.
Silvergate and SVB bite the dust: Law Decoded, March 6–13.
Elizabeth Warren and Sherrod Brown didn’t miss a chance to attack the crypto industry after bank failures. Last…
SVB and Silvergate are out, but major banks are still backing crypto firms
Over the last week, the collapse of three of the largest banks backing the crypto scene — Silicon…