2023-3-7 02:47 |
Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform last week, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges. origin »
|
Silvergate shares fell sharply after news the crypto-friendly bank would be winding down operations. The company says it will issue full repayments of all customer deposits. Silvergate has been in trouble since late 2022 following the collapse of crypto exchange FTX.
2023-3-9 16:26 | |
|
|
2023-3-3 13:32 | |
|
|
Crypto-friendly bank Silvergate announced its suspended payment of dividends on its series A preferred stock. The company’s shares fell more than 11% pre-market after the announcement. Silvergate reported a $1 billion loss in the fourth quarter and also cut its staff by 20% amid the crypto bear market and impact of FTX collapse.
2023-1-27 18:54 | |
|
|
Silvergate made its name providing fiat banking services for crypto businesses. Now, CEO Alan Lane wants the bank to handle digital assets themselves.
2020-1-31 01:00 | |
|
|
Silvergate Bank, which bills itself as the “leading provider of innovative financial infrastructure solutions and services to participants in the digital currency industry,” has disclosed in a preliminary prospectus filed with the U.
2019-3-21 00:30 | |
|
|
Silvergate Bank has for the first time named a few of her clients in an SEC filing. The bank had remained supportive of crypto-related businesses at a time when other financial institutions turned their backs.
2019-3-21 20:00 | |
|
|
Silvergate Bank, headquartered in San Diego as a California state-chartered bank, started its cryptocurrency-related business in 2013. Now over 500 companies from the digital assets industry are using its services as one of the very few “bitcoin-friendly” banks based in the U.
2019-3-20 19:47 | |
|
|
Figures for the end of 2018 show that San Diego-based Silvergate Bank saw an upsurge in digital currency customers. Previously, the institution provided banking services for 244 crypto businesses.
2019-3-20 18:26 | |
|
|
Major U.S.-based bank Silvergate signed on 59 new cryptocurrency customers in the fourth quarter of 2018
2019-3-20 03:47 | |
|
|
Silvergate Bank added 59 crypto clients in the fourth quarter, but its deposits from the industry shrank by $123 million.
2019-3-20 22:05 | |
|
|
We’re excited to announce that Silvergate Exchange Network (SEN) is now supported for US Dollar Coin (USDC) issuance and redemption. SEN delivers real-time USD settlement and is used daily by leading crypto exchanges and traders.
2018-12-15 18:59 | |
|
|
Alan Lane started his relationship with Bitcoin in 2013. The Silvergate Bank CEO made his first purchase of Bitcoin that year, preceding the addition of the first crypto exchange as a client to the small bank.
2018-12-3 05:50 | |
|
|
Silvergate Bank CEO Alan Lane shared his approach to serving the cryptocurrency industry with bankers at the Block FS conference.
2018-12-1 15:00 | |
|
|
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 | |
|
|
Silvergate Bank, headquartered in San Diego as a California state-chartered bank, started its cryptocurrency-related business in 2013. Now its parent company wants to go public, revealing that 483 companies from the crypto industry are using the services of the “bitcoin-friendly” bank.
2018-11-22 13:55 | |
|
|
CoinSpeaker Serving almost 500 Crypto Startups, Silvergate Bank Targets to Raise $50M via an IPO One of the well-known crypto-friendly banks, Silvergate, has recently filed the documents go public.
2018-11-22 12:01 | |
|
|
The California-based operator of Silvergate Bank has detailed its relationships with the cryptocurrency industry as part of its IPO filing with the SEC.
2018-11-22 20:05 | |
|
|
In a post shared via X on January 14, Julien Bittel, Head of Macro Research at Global Macro Investor (GMI), echoed a warning about the surging dollar and its impact on financial conditions—an echo that many market observers, including those within the crypto sphere, are listening to with interest. How The Dollar Wrecking Ball Affects […]
BTCUSD, BTCGBP, and BTCEUR are the most traded Bitcoin pairs, each reflecting the interaction between Bitcoin and the specific economic environment of their underlying currencies. Analyzing their respective performances allows us to gain insight into the global Bitcoin market and how local economic conditions influence price action.
Spot Bitcoin exchange-traded funds (ETFs) have reached an impressive benchmark, crossing $100 billion in net assets. According to SoSoValue data, this achievement represents 5. 4% of Bitcoin’s total market value.
Ethena Labs pledged to publish monthly reports detailing custody and reserve information to improve transparency around its USDe stablecoin.
As Bitcoin’s value overtakes major currencies by 99.5%, is this the start of a new era where digital currencies challenge traditional financial systems? The global economy has faced severe challenges in recent years, including rampant inflation and slowing growth rates…
Bitcoin recently dropped from its March peak, influenced by a stronger U.S. dollar and geopolitical issues. What should we expect next? Bitcoin (BTC) has seen a sharp decline in its price, trading at around $63,000 levels as of Apr. 16.…
In a thought-provoking statement on X (formerly Twitter), Balaji Srinivasan, the former Chief Technology Officer (CTO) at Coinbase and a notable figure in the venture capital world through his tenure at Andreessen Horowitz, stirred the crypto community and beyond with a bold proclamation: “VOTE FOR BITCOIN.