silvergate bank

President Herbert Hoover as an NFT (Midjourney/CoinDesk)
President Herbert Hoover Saves the Day for a Crypto Bank? Yeah, That’s Weird
Silvergate got propped up by the Federal Home Loan Bank system created in 1932.
President Herbert Hoover as an NFT (Midjourney/CoinDesk)

CDCROP: Marathon Digital CEO Fred Thiel interview at Bitcoin conference in Miami
Bitcoin Miner Marathon Digital Pays Off Silvergate Revolving Credit
The company also reiterated its expectation to have 23 exahash per second of computing power around the middle of 2023.
CDCROP: Marathon Digital CEO Fred Thiel interview at Bitcoin conference in Miami

CDCROP: Silvergate Bank HQ (CoinDesk)
Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren
"New and disturbing allegations about the [Silvergate's] business practices have continued to surface," says the letter from the Massachusetts Democrat and two Republican colleagues.
CDCROP: Silvergate Bank HQ (CoinDesk)

CDCROP: Silvergate Bank HQ (CoinDesk)
Silvergate CEO Attempts to Address Concerns in Public Letter
Shares of the crypto-focused bank have been reeling in part due to links with failed crypto exchange FTX and sister company Alameda Research.
CDCROP: Silvergate Bank HQ (CoinDesk)

CDCROP: Downgrade spiral staricase going down downwards (Unsplash)
Crypto Bank Silvergate Cut to Underweight at Morgan Stanley Following FTX Collapse
Already down more than 50% over the past month, the bank’s shares are lower by another 3% in premarket action Monday morning.
CDCROP: Downgrade spiral staricase going down downwards (Unsplash)

Silvergate Bank HQ (CoinDesk)
Crypto Bank Silvergate Says Its BlockFi Digital-Asset Deposit Exposure Totals Less Than $20M
The bank's shares closed down 11% to $25.90 on Monday, after BlockFi bankruptcy filing.
Silvergate Bank HQ (CoinDesk)

CDCROP: Wall Street sign with american flags and New York Stock Exchange in Manhattan, New York City, USA. (Getty Images)
Wall Street Banks Seen as Unlikely Saviors as Crypto Firms Struggle
Blockchain true believers say the nascent industry represents an existential threat to traditional finance. But now's probably not the time for Wall Street to gobble up ailing crypto firms, analysts say.
CDCROP: Wall Street sign with american flags and New York Stock Exchange in Manhattan, New York City, USA. (Getty Images)

CDCROP: Silvergate Bank HQ (CoinDesk)
Crypto Bank Silvergate's Shares Continue to Fall Despite CEO’s Remarks
Traders seem to be anticipating Silvergate could be significantly affected by the collapse of FTX.
CDCROP: Silvergate Bank HQ (CoinDesk)

CDCROP: Silvergate Bank HQ (Will Foxley/CoinDesk)
Crypto Bank Silvergate Bucks Market Rally as FTX Exposure Is Questioned
Silvergate shares were down about 7% while other crypto-linked stocks rallied Tuesday.
CDCROP: Silvergate Bank HQ (Will Foxley/CoinDesk)

CDCROP: Silvergate Bank HQ (CoinDesk)
Crypto Bank Silvergate Capital Surges on Lack of FTX Exposure
The lender said it has no outstanding loans nor investments in the bankrupt crypto exchange.
CDCROP: Silvergate Bank HQ (CoinDesk)