Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse By Cointelegraph
[ad_1] Crypto-friendly Silvergate Bank ultimately collapsed this year due to over-dependence on risky crypto deposits and nepotism that led to ineffective management, according to United...
Silvergate CEO to depart amid ongoing liquidation and investor suits By Cointelegraph
[ad_1] Silvergate CEO Alan Lane and two other key executives are set to depart from their positions amid a wind-down of the once crypto-friendly bank....
Fed board issues order to Silvergate Bank as part of self-liquidation plan By Cointelegraph
[ad_1] The Federal Reserve Board of the United States has issued a consent order to Silvergate Bank and its parent company as part of the...
Silvergate begins NYSE delisting process as it readies to cut 230 staff By Cointelegraph
[ad_1] © Reuters. The parent company of the collapsed Silvergate Bank will be delisted from the New York Stock Exchange, and 230 of its staff...
Multiple Silvergate lawsuits over alleged FTX ties combined by judge By Cointelegraph
[ad_1] A California judge has combined three investor lawsuits against defunct crypto bank Silvergate Bank involving the bankrupt crypto exchange FTX. On April 19, United...
More Bank Failures Coming as Fed Creates ‘Breakage’, ‘Be Bold’ in Buying Gold: Video
Booth also provides her economic outlook, and suggests that investors can “be bold” in allocating more than 10% of their portfolio to gold, which she...
First Republic loses a third of its value amid reports it’s considering a sale
First Republic Bank’s stock rose Thursday after steep losses earlier in the day, following reports that the nation’s largest banks are in talks to provide...
Collapse of Silvergate and Silicon Valley Bank represent a challenge for crypto By Cointelegraph
[ad_1] The collapse of Silicon Valley Bank (SVB) and Silvergate Capital (NYSE:), some of the most crypto-friendly banks in the industry, has forced many crypto...
Silvergate, SBV collapse ‘definitely good’ for Bitcoin, Trezor exec says By Cointelegraph
[ad_1] © Reuters. The ongoing crisis of banks in the United States has many positive implications for (BTC), according to an executive at the hardware...
Silvergate and SVB bite the dust: Law Decoded, March 6–13. By Cointelegraph
[ad_1] Last week, another major quake shook crypto markets. Silvergate Bank — a crypto-fiat gateway network for financial institutions and a significant on-ramp for cryptocurrencies...