The cryptocurrency bubble has well and truly burst, and now it's taking down the banks. Silvergate Bank, one of the largest cryptocurrency banks in the US, has announced it is going into liquidation. ...

The California bank's stock fell nearly 44% on Wall Street after it announced it was going out of business. It's a collapse that will cost many investors dearly. Californian bank Silvergate announced ...

SAN DIEGO — A Texas-based church is suing the now-liquidated San Diego-based cryptocurrency bank, Silvergate, for using $25 million in church deposits to participate in a massive crypto-currency ...

The former chief risk officer of Silvergate revealed she made the decision to settle with the US securities regulator in 2024 to avoid a “multi-year battle” in court, where she was accused of ...

(Bloomberg) -- Silvergate Capital Corp.’s woes deepened on Thursday, a day after the bank raised questions about whether it can stay in business, with the shares plummeting to a record low and key ...

Silvergate Capital (SI) said Wednesday afternoon it will wind down operations and voluntarily liquidate its bank after a collapse in the crypto market saw billions in deposits leave the bank in recent ...

Crypto exchange Kraken will suspend automated clearinghouse (ACH) deposits and withdrawals starting March 27, with the company looking for a new banking partner following the failure of Silvergate ...

San Diego’s crypto-friendly Silvergate Bank has disclosed that its financial health has taken a turn for the worse amid continued troubles plaguing the digital currency industry — raising questions ...

Silvergate Bank is losing customers by the minute as major cryptocurrency firms halt transfers via the bank’s Silvergate Exchange Network (SEN) real-time payment platform. The client exodus began ...

Silvergate Capital had run a payments network specifically for facilitating crypto transactions. The company has struggled since the fallout of FTX. Silvergate Capital had provided important ...