Tag: Silvergate
Statement from Microstrategy on Silvergate with Bankruptcy Concerns
Microstrategy, the world’s largest institutional Bitcoin (BTC) whale, stated that it has no financial relations with Silvergate (SI), which has bankruptcy concerns, except for the loan they took. microstrategy March…
Rumors Spread: Is USDT Linked to Silvergate?
Tether’s chief technology officer said that while companies in the crypto sector are lining up to distance themselves from the troubled bank, his company is not exposed to Silvergate. silvergateis…
Tether CTO Explains Silvergate Crisis: Is USDT Safe?
The world’s largest stablecoin Tether’s (USDT) CTO Paolo Ardoino, one of its top executives, explained that the company has no exposure to Silvergate bank, which is on the agenda of…
A Blow To Silvergate With Shares Falling 50 Percent From Coinbase: Stopped Transactions
The largest cryptocurrency exchange in the USA, Coinbase, announced that it has terminated the transactions made through the crypto money bank Silvergate (SI), citing the latest events. A recent report…
Crypto Bank Postpones Silvergate Report: Share Price At Its Lowest!
Silvergate (SI), the digital asset-focused investment bank, announced that it has delayed the release of its annual report. Following the announcement, the company’s share price fell more than 50% to…
US crypto bank Silvergate is struggling to survive
Silvergate headquarters in California The bank is currently examining whether it can still avert insolvency. (Photo: Bloomberg) new York The close ties to the crypto industry are fatal for the…
Crypto Bank Silvergate Under Investigation By USA
Silvergate, a digital asset-focused investment bank, has come under detailed investigation by the US Department of Justice (DOJ) for its ties to FTX and Alameda Research. According to a February…
US Department of Justice Launches Investigation into Cryptocurrency Bank Silvergate for FTX and Alameda Connections
According to Bloomberg’s news, which is based on people with knowledge on the subject, prosecutors from the fraud unit of the US Department of Justice, Silvergate Capital Corp. company collapsed…
New Decision From Crypto Bank Silvergate: Suspends Dividend Payments!
Silvergate (SI), a digital asset-focused investment bank, has announced that it will not pay dividends on preferred stocks this period in order to protect its existing capital. silvergate January 27…
Crypto Bank Suspends Silvergate Dividend Payments!
to customers cryptocurrency The bank, which provides focused services, announced that it is suspending the dividend payments of investors who own preferred stock in order to protect its equity. silvergate…
Crypto Bank Silvergate Reports Billion Dollar Loss
Silvergate (SI), the digital asset-focused investment bank, reported a loss of nearly $1 billion in the fourth quarter of 2022. In the official announcement shared by Silvergate, the same period…
Silvergate Balance Sheet Announced! Will It Go Bankrupt Because Of FTX?
Financial institution that plays an active role in the cryptocurrency industry silvergateannounced today its report for the 4th quarter of 2022 after the bankruptcy of the FTX exchange. Many scenarios…
Jim Cramer Points to Billion-Billion Silvergate: “Things Are Getting Dangerous”
The popular US host, who broke the ratings records, pointed to the $ 4.3 billion loan taken by the digital asset-focused investment bank Silvergate and suggested that things are really…
Cryptocurrency Hits Like a Bomb: Silvergate Sells Its Assets!
Silvergate Capitalannounced that it had to sell its assets at a loss to cover a bank run of $8.1 billion. According to The Wallstreet Journal, in response to the crisis,…
Silvergate, the Crypto-Focused Bank Affected by FTX Bankruptcy, Sells at a Loss!
cryptocurrencies and crypto-focused bank interested in its industry silvergate Bench He also announced that he was affected by the bankruptcy of FTX. The bank said it sold its assets at…
Crypto Bank Silvergate Announces, Share Price Crashed: Sold $8.1 Billion of Assets!
Digital asset-focused investment bank Silvergate (SI) sold a large portion of its assets at a loss and laid off employees to meet customers’ demand for withdrawals of $8.1 billion. According…
Class action lawsuit against crypto bank Silvergate over FTX and Alameda
Digital asset-focused investment bank Silvergate has been collectively sued for aiding fraud for hiding the assets of bankrupt cryptocurrency exchange FTX and investment firm Alameda Research. crypto bank silvergate and…
US Senators Target Silvergate: They Want Answers About Its Relationship With FTX
A group led by US Senator Elizabeth Warren, who is known for being anti-crypto, is demanding that the digital asset-focused investment bank Silvergate disclose details about its operations with FTX.…
A Statement From Silvergate Bank That Relieves Its Users About Stock Market Crashes!
Silvergate Bankfailed crypto exchange FTX and its affiliated hedge fund Alameda Research It is a company that specializes in serving fintech and crypto clients, including An Explanation From Silvergate Bank…
Crypto Bank Silvergate CEO Tries to Alleviate Concerns: FTX and Alameda Statement
Digital asset-focused investment bank Silvergate has sought to reassure its investors and clients that assets are safe following the bankruptcy of FTX and Alameda Research. CEO of crypto bank Silvergate…