Silvergate (SI)

Silvergate Alan Lane shooting out of the silver city on a rocket.
Crypto Market News
Silvergate Capital’s Leadership Changes Amid Bank’s Closure 

Silvergates’s CEO departs amid the ongoing issues caused by FTX fallout. Effects ripple even further into the cryto landscape.

by Chloé He
Guangjing Chen of Binance standing behind the burning building of Silverate Bank.
Binance News
Binance Exec. Found in Charge of Silvergate Bank Account for “Independent” Binance.US

This investigation could prove that Binance has tight controls over the subsidiary.

by Darryn Pollock
Man sitting on a pile of crypto coins, while the world is burning, representing a banking crash.
Crypto Market News
Can Crypto Be the Answer to the U.S. Banking Crash as Bank Runs Continue?

Silicon Valley Bank collapse strikes fear in the hearts of tech. Could crypto be a solution?

by David Marsanic
A woman flying off a cliff holding colorful dollar sign balloons.
Exchanges
“Crypto Has Been De-Banked:” Impact of Signature, Silvergate, and Silicon Valley Bank Collapse

Crypto businesses in the U.S. are running out of banking options.
by Darryn Pollock
A young child wearing a yellow t-shirt covering their ears in the middle of a storm.
Regulations
Silicon Valley Bank’s Troubles: What It Means for Crypto

Silicon Valley Bank has had friendly relationships with crypto-focused venture capital firms.
by Arturas Skur
Johnny Lyu showing ok sign in front of KuCoin logo.
Exchanges
KuCoin CEO on Silvergate: ‘Our Funds Are Safe’

KuCoin is the latest crypto exchange that distances itself from Silvergate’s liquidation.

by David Marsanic
Two busts in the desert, one blindfolded and one with its head in the clouds, with two PlayStations.
Binance News
‘We Had No Funds in Silvergate’ Major Exchanges Claim

Crypto exchanges are scrambling to distance themselves from the crypto-friendly Silvergate Bank.

by David Marsanic
A truck unloading bitcoins over the edge
Bitcoin (BTC)
Bitcoin Dump Incoming? U.S. Government Moves $1B of Seized BTC

The U.S. government-associated wallets sent almost 10,000 bitcoins to Coinbase.
by Arturas Skur
Biden on top of the Whitehouse holding cryptocurrency.
Exchanges
White House Eyeing Silvergate, Biden Wants Protection Against Crypto Risks

Silvergate looks to be collapsing and the Whitehouse sees it another crypto failure.
by Darryn Pollock
Two men stand in front of a silver gate that has a storm inside it. One man is checking his pockets, finding the empty. The other is checking his phone and gasping in shock.
Altcoins
Silvergate Crisis: Bitcoin (BTC) Leads Market Plummet as Billions Vanish in Minutes

BTC went down to $21,970 in 30 minutes early Friday morning.
by Arturas Skur
A child watching a depressed man sitting behind a red TV showing Silvergate logo on fire.
Crypto Market News
Is Troubled Crypto Bank Silvergate Set to Follow in FTX’s Footsteps?

Silvergate has been in a downward spiral since FTX collapsed.
by Darryn Pollock
A woman carying boxes from Silvergate and other brands to Sam Bankman Fried.
Exchanges
FTX Lawsuits Pile Up: Silvergate Bank, Sequoia Capital, Paradigm, Face Litigation

Major institutions face class action lawsuits over their roles in enabling and promoting FTX.

by David Marsanic
A godzilla with human hair in front of a bank.
Regulations
Silvergate (SI) Stock Dumps as Bank Faces DOJ Probe Over FTX and Alameda Ties

The bank's shares went down as much as 28% on the news that the DOJ is investigating it.
by Arturas Skur
Silvergate CEO Alan Lane topped with tomatoes in front of Silvergate logo
FTX News
U.S. Senators Bash Silvergate, Say Bank ‘Further Introduced’ Crypto Risk to Traditional Banking

Three U.S. senators addressed Silvergate CEO Alan Lane, asking for information about its involvement in the FTX debacle.
by Arturas Skur
Larry Fink sitting in a chair and Alan Lane is in the background
Crypto Market News
BlackRock Increases Stake in Silvergate Capital to 7.2%, Shares Jump by 9.96%

BlackRock has increased its stake in Silvergate Capital to 7.2%, causing the bank’s shares to jump by 9.96%.
by Milko Trajcevski
A guy packing up his stuff from the office in front of Crypto Bank Silvergate logo.
Crypto Market News
Crypto Bank Silvergate Posts $1 Billion Loss, Says Industry Is in ‘Crisis of Confidence’

Despite the losses, Silvergate remains positive about the crypto industry and maintains a “highly liquid balance sheet.”
by Arturas Skur
A guy packing up his stuff from the office in front of Crypto Bank Silvergate logo.
Crypto Market News
Silvergate Announces 40% Job Cut, Halts Plans to Acquire Diem’s Assets

Silvergate has laid off 40% of its staff as fallout sparked by FTX collapse worsens amidst the crypto winter.

by Milko Trajcevski
Silvergate CEO Alan Lane topped with tomatoes in front of Silvergate logo
Crypto Market News
Silvergate (SI) CEO Attempts to Defend Company, Says It Has ‘Ample Liquidity’

Silvergate (SI) CEO Alan Lane has publicly addressed its investors.
by Arturas Skur
Silvergate says it has less than $20M of BlockFi deposit exposure
Crypto Market News
Silvergate (SI) Says It Has Less Than $20M of BlockFi Deposit Exposure

The crypto bank said that BlockFi is not a custodian of its Bitcoin-collateralized SEN leverage loans.
by Arturas Skur
Block.One founder and CEO Brendan Blumer profile on a autumn leafes themed background with Block.One logo
Crypto Market News
Block.One and Its Founder Buy Almost 9.27% of Crypto Bank Silvergate (SI)

Brendan Blumer and EOS developer Block.one together acquired 2,934,537 shares, or 9.27%, of the crypto bank.
by Arturas Skur
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