Silvergate Bites The Dust, Down 35% As Crypto-Friendly Bank Ceases Operations

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. дальше »

2023-3-9 02:03

270 +

Silvergate Halts Crypto Payments After Suffering $1 Billion Loss

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. дальше »

2023-3-6 09:29

79 +

Crypto exchange Liquid.com now supports instant USD settlement on the Silvergate Exchange Network

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. дальше »

2021-4-3 19:45

141 +

Silvergate’s Bitcoin-Backed Lending Product Grew 80% in the Last Quarter

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. дальше »

2020-7-28 17:51

137 +

Silvergate Adds 46 More Crypto Clients in Q1 While Existing Customers Increase Deposit Levels

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. дальше »

2020-4-29 16:23

241 +

Silvergate Bank Resolves Wire Transfer Issue That Kept Transactions in Limbo

Crypto-friendly Silvergate Bank resolved the last of its wire transfer issues Tuesday morning, said CEO Alan Lane. дальше »

2020-3-25 23:25

265 +

Few Banks Will Touch Crypto Firms, but Silvergate Wants to Touch Bitcoin Itself

Silvergate made its name providing fiat banking services for crypto businesses. Now, CEO Alan Lane wants the bank to handle digital assets themselves. дальше »

2020-1-31 01:00

203 +

Silvergate Bank Adds 48 Crypto Clients in Q4 Even as Deposits Slip 4%

The La Jolla, Calif.-based bank, which went public on the New York Stock Exchange under the trading symbol SI in November, released its earnings report before market open on Wednesday. дальше »

2020-1-30 17:55

179 +

In First ‘Pure Crypto’ Hire, Silvergate Bank Recruits Blockstream Liquid Network Exec

Benjamin Richman, formerly director of business development and partnerships at Blockstream, will help the crypto-friendly bank pursue its ambitious goals for serving the crypto industry. дальше »

2020-1-22 00:46

172 +

Bitcoin exchange Bitstamp becomes launch partner for SEN Leverage by Silvergate Bank

Bitstamp, Europe’s largest bitcoin exchange by trading volume, today announced that it has become the exchange launch partner for SEN Leverage, a newly launched product by Silvergate Bank, a provider of financial infrastructure solutions to the digital currency industry. дальше »

2020-1-15 00:26

202 +

Crypto exchange Kraken joins Silvergate to enable real-time account funding

Popular bitcoin and cryptocurrenecy exchange Kraken, announced today it has joined the Silvergate Exchange Network (SEN). Kraken users can now leverage SEN to fund their account in just minutes and with no fees. дальше »