Silvergate's Collapse May Spell Regulatory Trouble for Crypto

FDIC	2023-3-8 02:52

Silvergate Bank had a really rough week, to the point where a not-insignificant number of people were waiting for the Federal Deposit Insurance Corporation (FDIC) to announce the bank had entered receivership after close of business Friday.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Time New Bank (TNB) на Currencies.ru

$ 0 (+0.00%)

Объем 24H $0

Изменеия 24h: 0.00 %, 7d: 0.01 %

Cегодня L: $0 - H: $0

Капитализация $0 Rank 99999

Цена в час новости $ 0.0020147 (-100%)

had silvergate bank deposit waiting federal corporation

191 +

Источник: coindesk.com

had silvergate → Результатов: 11

Signature Bank, Stablecoins Might Benefit From Silvergate Exchange Network's Demise

The bank’s exchange network, SEN, had a simple premise and played a crucial role from its inception in 2018 through its shutdown on Friday. Analysts and experts are handicapping who might fill the void.

2023-3-8 01:19	silvergate
exchange network might bank void shutdown through

177 +

Bitcoin Backpedals To $22,000 Region Amid Worries About Silvergate

Key on-chain measures provided resistance throughout the first week of March, thus dampening the excitement of Bitcoin traders. Over the course of the previous week leading up to the beginning of February, Bitcoin (BTC) had been trading at roughly $23,500.

2023-3-8 17:29
bitcoin week leading previous course beginning traders

133 +

The Rise and Fall of Silvergate’s Crypto Business

Silvergate Bank lost more than $8 billion in deposits from its crypto customers in the final months of 2022 as its core block of business crumbled under the industry’s implosion – just as the bank’s regulators had predicted might happen for such institutions.

2023-3-4 01:02	УС
bank business crypto silvergate implosion crumbled under

241 +

These Crypto Firms Have Decided To Cut Ties With Silvergate

The crypto market continues to lurch from the recent Silvergate crisis. Most recently, the crypto-focused bank, Silvergate, had delayed filing its annual 10-K report with the Securities and Exchange Commission (SEC), which has aggravated its downfall, which was previously precipitated by the collapse of FTX last year.

2023-3-3 15:30	silvergate
silvergate filing recent crypto exchange downfall commission

233 +

Silvergate shares soar after Citadel Securities discloses 5.5% stake

Shares of Silvergate Capital (NYSE:SI) soared on Tuesday after news Citadel Securities had disclosed a 5. 5% stake in the California-based crypto-friendly bank. At the time of writing, the company’s shares were trading around $17.

2023-2-16 22:46	Stocks & shares
shares silvergate stake citadel securities time crypto-friendly

128 +

Silvergate stock price falls 46% amid massive layoffs

Silvergate shares plummeted 46% as the company announced to lay off 40% of its workforce, equating to approximately 200 employees. Silvergate struggles to remain in business Silvergate, a publicly traded crypto banking company, has had its share price fall 46%…

2023-1-6 13:00	silvergate
silvergate company price 200 business remain struggles

239 +

Silvergate Resorted to Staff Layoff, Asset Liquidation to Survive FTX-Triggered Crypto Meltdown

Coinspeaker Silvergate Resorted to Staff Layoff, Asset Liquidation to Survive FTX-Triggered Crypto Meltdown Crypto bank Silvergate had to undertake a 200-employee layoff and take other drastic measures to facilitate a withdrawal bank run.

2023-1-6 17:55	silvergate
crypto layoff silvergate bank meltdown survive ftx-triggered

157 +

Binance US Joins Silvergate Exchange Network (SEN) to ‘Unlock’ New Institutional Clients

Binance U. S announced that it had debuted institutional client services following a partnership with Silvergate, a Fintech and crypto-oriented bank. This U. S affiliate of the Binance crypto exchange has now been operational for close to a year.

2020-11-11 18:30	Binance
binance exchange institutional silvergate affiliate bank crypto-oriented

257 +

Silvergate Bank Clients Experience Money Transfer Issues from Fedwire

Cryptocurrency-friendly Silvergate Bank has had problems with clients being unable to transfer funds to the platform since Friday

2020-3-23 08:48	Cryptocurrencies
silvergate clients bank transfer being funds unable

223 +

‘Bitcoin Bank’ Silvergate Says Crypto Client Base Climbed 122% in 2018

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 crypto bank 122 bitcoin 2018 client

168 +

Crypto-Friendly Silvergate Bank On-boards 59 New Crypto Clients

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	SEC
bank time filing clients silvergate securities exchanges

162 +

Партнеры Currencies.ru

Analogue Notcoin - TapSwap

Реклама на Currencies.ru

Самое свежее на Currencies.ru

FDIC Inspector General finds glaring gaps in its crypto oversight efforts

A new assessment by the Federal Deposit Insurance Corporation (FDIC)’s Office of Inspector General has brought to light substantial gaps and deficiencies in its ability to provide clarity to member banks on policies and procedures regarding crypto activities.

Good For Crypto: FDIC Says Record $472 Billion Withdrawn By US Depositors

Crypto could be enjoying some boost in price and adoption as the latest report from the Federal Deposit Insurance Corp. showed that deposits of about half a trillion dollars were removed from U. S.

Ethereum price outlook weakens, but ETH derivatives suggest $1.6K is unlikely

Another top 20 U.S. bank bites the dust, but Ether’s price fails to benefit from the event.

Bitcoin hovers around $28k after First Republic Bank stock tanks

Bitcoin is trading around the $28,000 mark, after trading higher. The churn comes after news that the First Republic Bank is close to seizure by U.S. authorities.

Fed liquidity injections drive down US Treasury yields, but not Bitcoin price

Regulatory uncertainty and the recent enforcement actions taken against major crypto exchanges reduces the odds of Bitcoin breaking above $30,000 in the short-term, but investors are still bullish.