Silvergate

Crypto Bank Silvergate Says Genesis Exposure ‘Minimal’
Crypto Bank Silvergate Says Genesis Exposure ‘Minimal’
January 22, 2023  |  Cryptocurrency

Crypto-centric bank Silvergate said its exposure to bankrupt lender Genesis has been limited. The bank made this announcement in an update Friday (Jan. 20), one...

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Crypto Industry Continues Balancing Contagion With Cleanup Post-FTX
Crypto Industry Continues Balancing Contagion With Cleanup Post-FTX
January 18, 2023  |  Cryptocurrency

Crypto continues battling through a historic shock to its system, while industry lessons accumulate. In just the past two weeks alone, bitcoin (BTC) has risen...

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Silvergate Capital Says It Conducted Due Diligence on FTX 
Silvergate Capital Says It Conducted Due Diligence on FTX 
December 06, 2022  |  Cryptocurrency

Silvergate Capital has released a public letter addressing its involvement with FTX and Alameda Research.  In the Monday (Dec. 5) letter submitted to the Securities and Exchange Commission...

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Alameda Bank Accounts Linked FTX to Customers
Alameda Bank Accounts Linked FTX to Customers
November 28, 2022  |  Cryptocurrency

FTX mingled customer and business funds to access regulated banks, according to a new report. When now-bankrupt FTX couldn’t access regulated banks because the banks...

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Today in Crypto: S. Korean Authorities Raid Terra Co-Founder’s Home; Taiwan Prepares Ban on Buying Crypto With Credit Cards
Today in Crypto: S. Korean Authorities Raid Terra Co-Founder’s Home; Taiwan Prepares Ban on Buying...
July 24, 2022  |  Cryptocurrency

South Korean prosecutors have raided the home of Daniel Shin, co-founder of Terraform Labs, as authorities there continue a probe into illegal activity behind the...

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Goldman Sours on Crypto Markets, Downgrades Robinhood
Goldman Sours on Crypto Markets, Downgrades Robinhood
April 10, 2022  |  Cryptocurrency

Goldman Sachs said most digital asset companies will miss revenue estimates in posting their first quarter earnings and has downgraded Robinhood from neutral to sell,...

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Silvergate Bank To Issue Facebook-Backed Diem’s Stablecoin
Silvergate Bank To Issue Facebook-Backed Diem’s Stablecoin
May 12, 2021  |  Cryptocurrency

The Diem Association, a nonprofit with strong ties to Facebook, has moved its main operations to the United States from Switzerland, according to a press...

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Fidelity Digital Assets Adds Silvergate As Crypto Lender
Fidelity Digital Assets Adds Silvergate As Crypto Lender
March 29, 2021  |  Cryptocurrency

Fidelity Digital Assets will soon be collaborating with Silvergate Bank as its second lender extending cryptocurrency-backed loans, Silvergate announced in a press release on Monday (March...

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