You Searched For "silvergate bank" and got 20 results
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2 mins read
Silicon Valley Bank's new CEO urges depositors to bring back their money
Tim Mayopoulos, new CEO of collapsed Silicon Valley Bank (SVB), has urged depositors to return with…
1 min read
Bitcoin and ether slide as industry woes spark liquidation of crypto bank Silvergate
Bitcoin, ether, and shares of Coinbase were among the crypto assets that tumbled Thursday following…
Carla Mozée
2 mins read
Troubled crypto bank Silvergate sees regulators swoop in to try to help it stay afloat
Crypto bank Silvergate is talking to FDIC regulators to find a way to avoid collapse as its trouble…
Zinya Salfiti
2 mins read
Bank stocks plunge after implosions at Silicon Valley Bank and Silvergate Capital send 'shock waves' through the sector
"This adds to concerns of higher deposit costs, weakening loan demand, potentially weakening credit…
Matthew Fox
1 min read
Short-sellers rake in $780 million betting against Silvergate as the crypto-friendly bank closes its doors
Bets against Silvergate have paid off, as shares sink 45% after the embattled crypto-friendly bank …
Zahra Tayeb
2 mins read
FTX-linked Silvergate's shares plunge 48% after the crypto bank flags doubts about its survival
Silvergate shares tumbled almost 48% after the crypto lender delayed filing its annual report as it…
Zinya Salfiti
2 mins read
Crypto bank Silvergate could jump 50% as institutional adoption and stablecoin use provides a 'long runway' for growth, Bank of America says
Silvergate Capital recently bought the intellectual property rights and assets of Facebook's Diem c…
Carla Mozée
2 mins read
Crypto bank Silvergate says it'll shut down as the market meltdown claims its first mainstream casualty
The crypto-friendly financial institution has felt the brunt of rising interest rates and FTX's col…
George Glover
2 mins read
Coinbase, Gemini and other big crypto names have rushed to ditch Silvergate after the bank warned of building troubles
Some of the biggest names in crypto have backed away from lender Silvergate Capital after the key d…
Zinya Salfiti
1 min read
Silvergate shares tumble as the crypto bank's ties to FTX come under a probe by the DOJ's fraud squad
The US Justice Department's fraud unit is probing Silvergate's ties with crypto exchange FTX and it…
Zinya Salfiti
2 mins read
Silvergate's ties to FTX are under scrutiny by US senators who say the crypto bank was 'evasive' in earlier inquiries
Lawmakers said that the firm failed to fully answer questions about its relationship with FTX when …
Morgan Chittum
1 min read
MicroStrategy has borrowed $205 million to buy more bitcoin as CEO Michael Saylor remains committed to the cryptocurrency
The three-year loan "effectively turned our bitcoin into productive collateral," said MicroStrategy…
Carla Mozée
1 min read
George Soros' fund reveals it's betting against Silvergate as the crypto-friendly bank is probed over its ties to FTX
The fund held put options on 100,000 shares of Silvergate which would typically become more valuabl…
Zahra Tayeb
1 min read
Silvergate extends sell-off into 2nd day as Bank of America sees 35% downside after the crypto bank disclosed huge run on deposits
Silvergate's stock may be vulnerable to future regulatory and legislative action stemming from the …
Carla Mozée
2 mins read
Bitcoin plunges under $20,000 to its lowest point in 2 months as Silvergate blow-up and bank fears rattle risk assets
Bitcoin is veering toward a weekly loss as a fresh pain point for the crypto sector emerged from th…
Carla Mozée
1 min read
Silvergate swings to $1 billion fourth-quarter loss after FTX's crash sparked a bank run that drained billions in deposits
Silvergate customers pulled $8.1 billion in deposits in the fourth quarter amid FTX's collapse.
Phil Rosen
3 mins read
Blame Silvergate's collapse on risky crypto, Elizabeth Warren says - but others slam 'arsonist and firefighter' crackdowns. 10 top experts on what pushed the bank to fail.
Silvergate has failed, and debate is raging over whether volatile crypto or usual banking risks are…
Zinya Salfiti
2 mins read
Silvergate slashes 40% of staff in the wake of a run on the crypto bank that forced it to sell assets at a loss to cover $8.1 billion in withdrawals
The bank had to cover $8.1 billion worth of withdrawals in late 2022, underscoring the impact of FT…
Morgan Chittum
2 mins read
Bitcoin falls to its lowest price in weeks as crypto markets tumble amid Silvergate troubles
Bitcoin saw its largest one-hour drop since the blowup of FTX in November, as the crypto industry's…
Morgan Chittum
1 min read
A real estate CEO predicts hundreds of banks will fail or be taken over by 2026
Scott Rechler, CEO of RXR, said the maturing of commercial real estate loans would result in a "slo…