Silvergate shares plunged on news that the crypto-friendly bank would scale back operations. The company has said it will fully repay all customer deposits. Silvergate has been in trouble since late 2022 following the collapseRead More
advertisement Silvergate Bank has been ordered to return $9.85 million to BlockFi as part of its ongoing bankruptcy proceedings. March 3rd filing. BlockFi gets $9.85 million back According to its court filings, BlockFi and SilvergateRead More
advertisement The biggest news in the Cryptoverse on March 2nd was that Coinbase announced it would no longer support transfers through Silvergate Bank. Other companies such as Tether, Circle, Gemini, Crypto.com, Bitstamp and Microstrategy followedRead More
Silvergate Capital has delayed filing its annual 10-K report. JP Morgan today downgraded Silvergate to underweight. Silvergate Capital is now down 65% from its year-to-date high. Silvergate Capital Corp (NYSE: SI) was cut nearly inRead More
Silvergate Bank has announced a postponement. filing The annual report’s 10-K report saw stocks fall more than 30% after hours. A 10-K report is a document required by the Securities and Exchange Commission that providesRead More
silver gate North American banking company Silvergate is a Federal Reserve member bank and a leading provider of innovative financial infrastructure solutions and services for the growing digital currency industry, based in La Jolla, California.Read More
The US Department of Justice is investigating Silvergate Capital for its dealings with FTX and Alameda Research. February 2 Report from Bloomberg. Silvergate Bank has reportedly not been accused of any wrongdoing, and the investigationRead More
Silvergate Capital, the parent company of crypto bank Silvergate, has announced that it will suspend its Series A preferred stock dividend. This is in hopes of a major loss and a restructuring following FUD surroundingRead More
Silvergate Capital Corp suspends dividends on preferred stock. Analysts at Wedbush Securities reiterate their neutral rating for ‘SI’. Silvergate’s stock is now down more than 85% since mid-August. Silvergate Capital Corp closed down 5.0% onRead More
Silvergate Bank’s parent company, Silvergate Capital, disclosed in a press release that it has limited exposure to Genesis Global Capital. January 20th. Silvergate said there were less than $2.5 million in deposits between the companyRead More
