Current Date:February 22, 2025

Silvergate

Fed Report: Silvergate Bank Got Fatally Ensnared in Crypto While Examiners Shrugged

The Federal Reserve's inspector general studied the bank’s collapse and concluded the Fed’s examiners failed to quickly flag its...

Silvergate Adopts Fed’s Deadline

Crypto-friendly bank Silvergate has accepted the Fed's deadline to submit plans.

Silvergate Was Not Cut Off From Loans, FHLB Says

Silvergate Bank disclosed in a securities filing on March 1 that it had to accelerate the sale of securities...

BlockTower Capital Funds Had Exposure to Silvergate, Signature Bank

Silvergate Bank announced a voluntary liquidation last week and Signature Bank was taken over by regulators on Sunday.

11 People Sold at the Top! Silvergate Dumped Bitcoin Price!

Silvergate went bankrupt. Its executives managed to time the Bitcoin bull peak pretty well. They earned $103 million...

Replacing Silvergate’s Network Is a Challenge for Crypto Industry: JPMorgan

Some of the services provided by Silvergate will migrate to other banks such as Signature Bank, Provident Bancorp, Metropolitan...

Silvergate Bank ‘Had to Be Perfect’ but Now Pays a Heavy Price: Strategist

Crypto adoption by TradFi companies “got just that much harder in the last 24 hours,” said Jim Bianco, president...

Bitcoin Dips Below $21K to Reach Lowest Level In 7 Weeks as Silvergate Bank Shutdown Shakes Investors

Bitcoin, ether and other major cryptocurrencies declined as the crypto-focused lender’s crisis continued to unfold.

Crypto Bank Ends Silvergate Operations

Parent company Silvergate Capital has announced that it will end operations of crypto-focused banking service Silvergate.

Crypto Stakeholders Say No Exposure to Shuttered Silvergate

Binance, Coinbase, OKX, and Paxos have all released statements regarding their exposure to Silvergate.

Crypto Bank Silvergate Announces ‘Voluntary Liquidation’

The bank revealed last Wednesday it would have to delay filing its annual 10-K report due to questions from...

Crypto Company Called ‘Next FTX’ Meets With FDIC!

According to the report published by Bloomberg, the failed crypto bank Silvergate is exploring ways to recover with US...

Silvergate Talking With FDIC About How to Save Crypto-Focused Bank: Bloomberg

FDIC examiners met with Silvergate management at its headquarters in California last week.

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...

White House Is ‘Aware of’ Silvergate Situation, Spokesperson Says

Press Secretary Karine Jean-Pierre said the administration is watching Silvergate's situation and likened it to other crypto companies that...

BCB Group Takes Action to Close the Silvergate Gap

Oliver von Landsberg-Sadie, CEO of crypto banking firm BCB Group, stated that the dollar-to-crypto system BLINC could go live...

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