Silvergate Bank
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MicroStrategy Sees Sharp Decline in Impairment Losses for Q1 and Increases Holdings of Bitcoin
According to a statement on Monday, MicroStrategy\’s impairment loss for the first quarter was $18.9 million, down from $197.6 million in the fourth quarter and $170.1 million in th
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MicroStrategy Pays Off Huge Bitcoin Loan with Silvergate Bank
It is reported that according to the disclosure submitted to the SEC of the United States, MicroStrategy has signed a prepayment, waiver, and repayment credit a
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Opportunities Arising for Cryptocurrency Exchanges Amidst US Banking Crisis
According to reports, JPMorgan Chase stated in a research report that with the collapse of the Bank of America and the increase in stable currency trading volum
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BlockTower Capital relies on closed banks for crypto asset management funds
It is reported that according to the latest regulatory documents required by the investment consultant, four private funds of BlockTower Capital, a crypto asset
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Valor and SEBA Bank AG Announce No Risk Exposure with Select Banks
It is reported that Valor, the trading product provider of the crypto trading platform, confirmed today that the company and all its operating subsidiaries had
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Bigg Digital Assets Confirms No Risk Exposure in SilverGate and Silicon Valley Banks
According to reports, Bigg Digital Assets, a Canadian cryptocurrency company, said that it was confirmed that there was no risk exposure in SilverGate and Silic
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Bittrex Transferring Customer Deposits to Other Financial Institutions
It is reported that Bittrex, a cryptocurrency exchange headquartered in Seattle, announced that, in view of the recent announcement by Silvergate Bank that they
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Regulatory Crackdown on Banks Providing Services to Encryption Companies
It is reported that Morgan Stanley said in a research report on Wednesday that the US regulatory authorities may soon intensify their efforts to crack down on b
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Block.one Cuts Ties with Silvergate Bank After Failure to Submit Annual Report
According to reports, Block.one, a blockchain software company supported by Peter Thiel, said that after Silvergate Bank failed to submit its annual report last
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Silvergate Bank to Voluntarily Liquidate and End Business Operations
It is reported that Silvergate (SI. N) announced its plan to end the bank\’s business and voluntarily liquidate in an orderly manner and in accordance with appli
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Failure of Silvergate Bank is a Failure of Banking Industry, Not Cryptocurrency
On March 9, Adam Cochran, partner of Cinneamhain Ventures, tweeted that the failure of Silvergate was not due to the risks or illegal acts related to cryptocurr
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Paxos Limited Updates on Relationship with Silvergate Bank
It is reported that Paxos, the issuer of the US dollar stable currency BUSD, released a statement on Silvergate Bank on social media, which said that Paxos had
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Silvergate Bank Begins Voluntary Liquidation Process in California
It is reported that the California State Financial Protection Agency announced today that Silvergate Bank, a state chartered bank regulated by DFPI, has volunta
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Congressional Concerns Arise Over Silvergate Bank’s Practices
According to reports, Forbes said that due to the bankruptcy of FTX/Alameda, a large number of Silvergate customers withdrew $8.1 billion of deposits, and Silve
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Silvergate Bank’s Cryptocurrency Strategy Falters with Long-term Investment in Bonds
It is reported that Silvergate Bank, a cryptofriendly bank, invested most of its new funds into longer-term bonds. Before its deposits began to shrink rapidly …
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Marc Cohodes predicts closure of Silvergate Bank
It is reported that Marc Cohodes, a short investor who has been short of Silvergate since last year, said that Silvergate Bank is expected to close within a we…
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US Bankruptcy Judge Orders Silvergate Bank to Return Funds to BlockFi
It is reported that according to a court document on Friday, Michael B. Kaplan, a US bankruptcy judge, said that Silvergate Bank must return US $9.85 million t…
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Circle Transfers USDC Reserves from Silvergate Bank
According to the report, the official website of Circle, the issuer of stable currency, said that due to the continued uncertainty of Silvergate Bank, today Ci…
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Silvergate Bank Requests Separation of FTX Customer Litigation Cases
It is reported that Silvergate Bank said that it requested the court to separate the FTX customer litigation cases. In the previous federal lawsuit, Silvergate…
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Gemini Exchange Suspends ACH Transactions Amid Silvergate Bank Monitoring
According to reports, Gemini, the cryptocurrency exchange, said on Twitter that it was actively monitoring the situation of Silvergate Bank, but it did not dep…