Silvergate Bank

MOSHED-2020-7-27-10-45-21

Finance

Silvergate bank

Silvergate Bank to Discontinue Binance USD Deposits, Withdrawals

“We are working hard to provide an alternative USD solution,” the exchange told traders in a widely shared email whose authenticity CoinDesk confirmed.

MOSHED-2020-7-27-10-45-21

By Tanzeel Akhtar

Jun 10, 2021 at 10:32 p.m. UTC

Jun 10, 2021

Silvergate BankBinance

Diem Association CEO Stuart Levey

Markets

Facebook-Backed Diem Partners With Silvergate Bank to Issue US Dollar Stablecoin

Diem is moving its "primary operations" from Switzerland to the U.S.

Diem Association CEO Stuart Levey

By Nikhilesh De

May 12, 2021 at 8:26 p.m. UTC

May 12, 2021

LibraSilvergate BankStablecoinsDiem

Signature Bank CEO Joseph DePaolo

Finance

Signature Bank Goes Head-to-Head With Silvergate in Bitcoin-Backed Lending

Signature’s CEO said on an earnings call Wednesday the bank wants it to be a “no-loss business.”

Signature Bank CEO Joseph DePaolo

By Nate DiCamillo

Apr 21, 2021 at 5:54 p.m. UTC

Apr 21, 2021

BankingSilvergate BankSignature BankCrypto Lending

Silvergate CEO Alan Lane (CoinDesk)

Markets

Silvergate bank

Silvergate Execs Pressed by Analysts on Yield From Crypto Customer Deposits

In a low interest rate environment, CEO Alan Lane said he is more focused on keeping the Silvergate Exchange Network liquid with readily available deposits than in juicing sho...

Silvergate CEO Alan Lane (CoinDesk)

By Nate DiCamillo

Apr 20, 2021 at 11:08 a.m. UTC

Apr 20, 2021

Silvergate BankEarnings ReportsEarnings

CoinDesk placeholder image

Finance

Fidelity Now Extends Bitcoin-Backed Loans Through Silvergate

The custodian began offering cash loans collateralized by bitcoin last December but is now adding Silvergate customers to the mix.

CoinDesk placeholder image

By Nate DiCamillo

Mar 29, 2021 at 2:08 p.m. UTC

Mar 29, 2021

BankingSilvergate BankFidelity Digital AssetsSilvergate Exchange Network

Wall Street Bull

Markets

Even Skeptics May Need to Consider Crypto Exposure: WSJ's Heard on the Street

Cryptocurrency's viability as an investment may not be in its value as an asset but in the way the financial world is evolving because of it.

Wall Street Bull

By Jamie Crawley

Feb 19, 2021 at 2:08 p.m. UTC

Feb 19, 2021

investmentCryptocurrencySilvergate Bank

Signature Bank Chairman Scott A. Shay

Finance

Signature Bank Crosses $10B in Deposits From Crypto Customers

Signature's $10 billion in deposits from crypto businesses is now double that of rival Silvergate.

Signature Bank Chairman Scott A. Shay

By Nate DiCamillo

Jan 21, 2021 at 10:38 p.m. UTC

Jan 21, 2021

BankingSilvergate BankSignature Bank

Silvergate CEO Alan Lane (CoinDesk)

Finance

Analysts Question Silvergate Execs on Whether Crypto Deposit Growth Will Continue

The majority of the new deposits came from cryptocurrency exchange clients.

Silvergate CEO Alan Lane (CoinDesk)

By Nate DiCamillo

Jan 21, 2021 at 1:20 p.m. UTC

Jan 21, 2021

banksBankingSilvergate BankEarnings Reports

Binance.US CEO Catherine Coley

Finance

Binance.US Joins SEN, Silvergate’s 24/7 Crypto Trading Club

Binance.US has joined the Silvergate Exchange Network (SEN), a 24/7 instant settlement network operated by Silvergate Bank.

Binance.US CEO Catherine Coley

Nov 9, 2020 at 7:59 p.m. UTC

Nov 9, 2020

BankingSilvergate BankSilvergate Exchange NetworkBinance.US

MOSHED-2020-7-27-10-45-21

Finance

Silvergate Bank Sees 40% Increase in Deposits From Digital Currency Customers

Silvergate Bank added $586 million in new deposits from firms and individuals in the cryptocurrency industry in the third quarter of 2020.

MOSHED-2020-7-27-10-45-21

By Nate DiCamillo

Oct 26, 2020 at 1:39 p.m. UTC

Oct 26, 2020

BankingSilvergate BankSilvergate Exchange NetworkSen