2020-4-29 16:23 |
Silvergate Bank added 46 crypto customers in the first quarter and saw fee income and deposits increase from those customers because of “Black Thursday,” according to its earnings report released before market open on Wednesday. origin »
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Major U.S.-based bank Silvergate signed on 59 new cryptocurrency customers in the fourth quarter of 2018
2019-3-20 03:47 | |
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Last Laugh For USDC As Silvergate Exchange Network Is Now Available For Transactions Silvergate Exchange Network (SEN) is now supporting the redemption and issuance of US Dollar Coin commonly abbreviated as USDC.
2018-12-18 23:30 | |
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With Over 480 Crypto Customers, Silvergate Bank Pursues IPO Cryptocurrency used to be an elite investment opportunity, starting with a successful platform that already sells tokens. However, as the industry has gravitated more towards mainstream use, banks have begun to get involved as well.
2018-11-22 19:57 | |
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Silvergate Capital Corporation, the holding company for crypto-friendly Silvergate Bank, announced on Wednesday its decision to cease operations and voluntarily liquidate its bank. Shares of Silvergate (SI) have taken a significant hit, trading down over 35% on the Nasdaq in the last seven days, in light of the recent regulatory approach by authorities to the industry.
Silvergate Capital has pulled the plug on its Silvergate Exchange Network (SEN) after the bank specializing in digital assets voiced questions about its viability. SEN, the bank’s platform for crypto payments, is one of its most popular services.
CryptoNinjas » Crypto exchange Liquid. com now supports instant USD settlement on the Silvergate Exchange Network Liquid. com, a popular bitcoin/crypto exchange company, today announced it has completed integration with Silvergate Bank’s Settlement Network Exchange (SEN), an internal settlement platform developed by Silvergate Bank.
Silvergate Bank continued to add a steady drip of crypto customers in Q2 2020 but its issuance of bitcoin-collateralized loans is what stood out.
Crypto-friendly Silvergate Bank resolved the last of its wire transfer issues Tuesday morning, said CEO Alan Lane.
Silvergate made its name providing fiat banking services for crypto businesses. Now, CEO Alan Lane wants the bank to handle digital assets themselves.