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Silvergate Suspends Dividends on Preferred Stock; Argo Blockchain Faces Class-Action Suit

The most valuable crypto stories for Friday, Jan. 27, 2023.

January 27, 2023
Neha Narula
Director
Digital Currency Initiative
Neha will join CoinDesk's Michael Casey for "Remember Why We're Here: Crypto's True Purpose."
Neha Narula
Director
Digital Currency Initiative
Consensus 2023 Logo
Neha will join CoinDesk's Michael Casey for "Remember Why We're Here: Crypto's True Purpose."

"The Hash" hosts tackle today's hot topics, including crypto bank Silvergate suspending preferred stock dividends as it looks to preserve capital; bitcoin miner Argo Blockchain facing a class-action lawsuit over alleged misleading statements made during its 2021 initial public offering, and Sen. Ted Cruz's (R-Texas) resolution that would require Capitol Hill vending machines to accept crypto.

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This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”