Tag: Slivergate

Crypto-centric Bank Silvergate is Ceasing Operations and Liquidating as a Result of the Market Collapse

The crypto industry's central lender, Silvergate Capital, announced on Wednesday that it will cease operations and liquidate its bank. The stock fell more than...

Crypto Bank Silvergate Claims That Their Exposure to Blockfi Digital Asset Deposits is Less Than $20 Million

In a late-Monday press release, Silvergate Capital (SI) stated that fewer than $20 million of its total deposits from all digital asset customers as...