Silvergate Bank
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US judge merges three lawsuits against Silvergate Bank
According to reports, Judge Jacqueline Scott Corley of the Northern District Court of California in the United States has ruled to merge three lawsuits filed by investors against t
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MicroStrategy signs an agreement with Silvergate to retrieve 34619 pledged Bitcoins
It is reported that according to the disclosure submitted to the SEC of the United States, MicroStrategy has signed a prepayment, waiver, and repayment credit a
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US Regulators’ Hostility towards Cryptocurrencies: Mati Greenspan’s Viewpoint
According to reports, Mati Greenspan, founder of Quantum Economics, believes that US regulators have been unfriendly to cryptocurrencies \”from the beginning.\”.
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Speculations Rise as Silvergate Bank Goes into Voluntary Liquidation
According to reports, the San Francisco Federal Housing Loan Bank (FHLBank) provided $4.3 billion to Silvergate at the end of last year, and did not force Silve
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BlockTower Capital trusts Signature Bank and Silvergate Bank as custodians for crypto assets
It is reported that according to the latest regulatory documents required by the investment consultant, four private funds of BlockTower Capital, a crypto asset
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Valor Assures Customers of No Risk Exposure with Major Banks
It is reported that Valor, the trading product provider of the crypto trading platform, confirmed today that the company and all its operating subsidiaries had
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Bittrex Transfers Customers’ Deposits Following Silvergate Bank Closure
It is reported that Bittrex, a cryptocurrency exchange headquartered in Seattle, announced that, in view of the recent announcement by Silvergate Bank that they
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Sygnum Bank’s Response to Silvergate Bank’s Voluntary Liquidation
According to reports, Martin Burgherr, the chief customer officer of the Swiss-based Sygnum Bank, said in an interview that after Silvergate Capital Corporation
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Block.one withdraws equity from Silvergate Bank following non-disclosure of annual report
According to reports, Block.one, a blockchain software company supported by Peter Thiel, said that after Silvergate Bank failed to submit its annual report last
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Silvergate Bank announces voluntary liquidation leading to a fall in stock value by over 42%
It is reported that Silvergate (SI. N) rose to 30% before the session and closed down more than 42% on Thursday after announcing plans to end banking business a
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Paxos withdraws from SEN connection with Silvergate Bank
It is reported that Paxos, the issuer of the US dollar stable currency BUSD, released a statement on Silvergate Bank on social media, which said that Paxos had
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California State Financial Protection Agency Monitors Silvergate Bank’s Voluntary Liquidation Process
It is reported that the California State Financial Protection Agency announced today that Silvergate Bank, a state chartered bank regulated by DFPI, has volunta
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Silvergate Loans Fall Short
According to reports, Forbes said that due to the bankruptcy of FTX/Alameda, a large number of Silvergate customers withdrew $8.1 billion of deposits, and Silve
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Silvergate Bank’s Investment Strategy and Its Impact
It is reported that Silvergate Bank, a cryptofriendly bank, invested most of its new funds into longer-term bonds. Before its deposits began to shrink rapidly …
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Short Investor Predicts Silvergate Bank Closure
It is reported that Marc Cohodes, a short investor who has been short of Silvergate since last year, said that Silvergate Bank is expected to close within a we…
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Risk-based Decision Temporarily Suspends SilverGate Exchange Network Service
It is reported that SilverGate Capital Corp, the parent company of the cryptocurrency bank SilverGate Bank, announced that the company suspended the SilverGate…
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Court Orders Silvergate Bank to Return Funds to BlockFi
It is reported that according to a court document on Friday, Michael B. Kaplan, a US bankruptcy judge, said that Silvergate Bank must return US $9.85 million t…
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Circle Transfers USDC Reserve Deposits Amid Uncertainty of Silvergate Bank
According to the report, the official website of Circle, the issuer of stable currency, said that due to the continued uncertainty of Silvergate Bank, today Ci…
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Silvergate Bank Seeks Separation of FTX Customer Litigation Cases
It is reported that Silvergate Bank said that it requested the court to separate the FTX customer litigation cases. In the previous federal lawsuit, Silvergate…
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Gemini Suspends Transactions with Silvergate Bank
According to reports, Gemini, the cryptocurrency exchange, said on Twitter that it was actively monitoring the situation of Silvergate Bank, but it did not dep…
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LedgerX Chooses Signature Bank over Silvergate Bank for Telegraphic Transfer Fund Receiver
It is reported that both Yahoo and Bloomberg disclosed that LedgerX has chosen to use Signature Bank as its telegraphic transfer fund receiver in order to keep…
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Silvergate Bank’s Annual Report Delay Puts Pressure on Share Price
It is reported that Silvergate Bank announced on Wednesday that it would postpone the submission of its annual report, which led to its share price plummeting …
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Paxos assures customers their funds are protected through a diversified banking network
It is reported that Paxos, the issuer of the US dollar stable currency BUSD, released a statement to Silvergate Bank on social media. Paxos said that it had no…
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Coinbase Switches US Dollar Banking Business from Silvergate Bank to Signature Bank
It is reported that Coinbase announced that it would replace the US dollar banking business from Silvergate Bank to Signature Bank for its Prime customers. Thi…
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Silvergate Bank suffers downgrades from Moody’s as crypto deposits fall
It is reported that after the independent benchmark credit rating of Silvergate Capital and its bank subsidiary Silvergate Bank was lowered from ba3 to b2, Moo…
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Junan to Transfer $400 Million to Merit Peak Managed by CZ
On February 17, the bank records and company information showed that in 2021, Junan would transfer about US $400 million from the Silvergate Bank account of Bi…