Silvergate bank
- Policies & Regulations
Crypto-Friendly Silvergate Bank Settles Regulatory Charges with $63M Agreement
Silvergate Capital Corp., the parent company of Silvergate Bank known for its crypto-friendly stance, has agreed to a $63 million…
Read More » - Global News
Silvergate CEO and Key Executives to Depart Amid Ongoing Liquidation and Investor Suits
Alan Lane, CEO of Silvergate, will step down from his position as part of the bank’s gradual closure. Lane and…
Read More » - Crypto Exchanges
Over $70 Billion Transacted via Silvergate and Signature Bank in Connection with Binance
A recent court filing in the US District Court reveals that Silvergate and Signature banks processed over $50 billion and…
Read More » - Crypto Exchanges
Explosive Revelation: Binance Secret Grip on Independent U.S. Affiliate Bank Accounts Exposed
Bank records reveal that Guangying Chen, a senior executive at Binance, was responsible for managing five bank accounts linked to…
Read More » - Global News
FDIC Report Cites Poor Management as the Cause of Signature Bank Failure
Signature Bank‘s collapse was attributed to poor management and inadequate risk management practices, according to a post-mortem assessment conducted by…
Read More » - Companies
Crypto Firm DCG Reports Genesis Capital Creditors Backing Out of Restructuring Agreement
Digital Currency Group (DCG) has announced that certain creditors of its bankrupt subsidiary, Genesis Capital, have chosen to abandon the…
Read More » - Global News
Judge Merges Multiple Lawsuits Accusing Silvergate Bank of Collusion with FTX Exchange
On April 19th, United States District Judge Jacqueline Scott Corley decided to consolidate three investor lawsuits against the now-defunct crypto…
Read More » - Crypto Exchanges
Cryptocurrency Exchange Kraken Forced to Halt ACH Deposits and Withdrawals via Silvergate
Cryptocurrency exchange Kraken has announced that it is experiencing issues with the deposit and withdrawal channel related to the automated…
Read More » - Opinions
The Ripple Effect: Analyzing the Impact of Crypto-Friendly Bank Failures on the Cryptocurrency Industry
Being “the bank in crypto”, Silvergate once counted some of the giant crypto firms as its clients. As a matter of…
Read More » - Crypto Exchanges
Circle and Silvergate Bank Troubles Prompt Binance to Convert Recovery Funds to Crypto
The drop in value of the USD Coin (USDC), a stablecoin pegged to the US dollar, occurred as a result…
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