Silvergate Capital to liquidate banking unit
(Sharecast News) - Cryptocurrency bank Silvergate's holding company revealed on Thursday that it intends to wind down operations and voluntarily liquidate its banking division.
Read more(Sharecast News) - Cryptocurrency bank Silvergate's holding company revealed on Thursday that it intends to wind down operations and voluntarily liquidate its banking division.
Read more(Sharecast News) - Shares of Silvergate Capital sold off after the provider of banking services to some of the best known names in the crypto industry said that a run on deposits during the last quarter of 2022 forced it to sell securities and related derivatives.
Read more(Sharecast News) - Cryptocurrency bank Silvergate Capital announced job cuts on Thursday as it said customers withdrew just over $8bn of digital asset deposits in the fourth quarter in the aftermath of FTX's collapse.
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