Silvergate capital

Crypto-Friendly Silvergate Bank to Wind Down Operations
Crypto-Friendly Silvergate Bank to Wind Down Operations
Silvergate Bank will "voluntarily liquidate" its assets and wind down operations, its holding company, Silvergate Capital (SI), said Wednesday. Bianco Research, L.L.C. Preside...
Crypto-Friendly Silvergate Bank to Wind Down Operations

Silvergate Consulting With FDIC About How to Save Crypto-Focused Bank: Bloomberg
Silvergate Consulting With FDIC About How to Save Crypto-Focused Bank: Bloomberg
Federal Deposit Insurance Corp (FDIC) officials have been consulting with executives of troubled crypto-focused bank Silvergate Capital (SI) on how to keep the company in busi...
Silvergate Consulting With FDIC About How to Save Crypto-Focused Bank: Bloomberg

(Kevin Ross/CoinDesk)
Signature Bank, Stablecoins Might Benefit From Silvergate Exchange Network's Demise
The bank’s exchange network, SEN, had a simple premise and played a crucial role from its inception in 2018 through its shutdown on Friday. Analysts and experts are handicappi...
(Kevin Ross/CoinDesk)

(Getty Images)
Crypto Bank Silvergate Uncertainties May Put TradFi Heavy Hitters' Stakes in Jeopardy
Silvergate Capital shares have tumbled 29% in after-hours trading on Wednesday as the crypto-friendly lender raised a “going concern” issue in a regulatory filing.
(Getty Images)

(CoinDesk)
Silvergate Stock Tanks on Report of DOJ Probe Tied to FTX, Alameda Dealings
Shares of the crypto bank were falling almost 30% following the publication of a Bloomberg article Thursday.
(CoinDesk)

Silvergate Bank HQ (CoinDesk)
Crypto Bank Silvergate Shares Move Higher After BlackRock Boosts Stake
Silvergate stock is down about 90% over the past year thanks to the crypto bear market and its deposit relationship with FTX.
Silvergate Bank HQ (CoinDesk)

Senators Reportedly Push Crypto Bank Silvergate on Ties to FTX; Bitzlato Update After Co-Founder Arrested
Senators Reportedly Push Crypto Bank Silvergate on Ties to FTX; Bitzlato Update After Co-Founder Arrested
A bipartisan group of U.S. senators is pushing Silvergate Capital (SI) to provide more details about what it knew about FTX’s alleged misuse of customer funds, according to a...
Senators Reportedly Push Crypto Bank Silvergate on Ties to FTX; Bitzlato Update After Co-Founder Arrested

Crypto Bank Silvergate Halts Preferred Stock Dividend
Crypto Bank Silvergate Halts Preferred Stock Dividend
Crypto-focused bank Silvergate Capital (SI) suspended dividend payments on its preferred stock to preserve capital. "The Hash" panel discusses the latest fallout of crypto win...
Crypto Bank Silvergate Halts Preferred Stock Dividend

Silvergate Bank HQ (CoinDesk)
Crypto Bank Silvergate Suspends Dividend on Preferred Stock
The bank is looking to preserve capital as it navigates recent volatility in the crypto industry.
Silvergate Bank HQ (CoinDesk)

Crypto Bank Silvergate Reports Q4 Loss of $1B; Hashkey Capital Raises $500M for 3rd Crypto Fund
Crypto Bank Silvergate Reports Q4 Loss of $1B; Hashkey Capital Raises $500M for 3rd Crypto Fund
Crypto bank Silvergate Capital (SI) reported a net loss of $1 billion for Q4, compared with a net income of $40.6 million for Q3. HashKey Capital, the investment arm of HashKe...
Crypto Bank Silvergate Reports Q4 Loss of $1B; Hashkey Capital Raises $500M for 3rd Crypto Fund