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 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 ...

The Silvergate Bank headquarters in La Jolla, California, US. Silvergate Capital Corp. announced its intent to wind down operations and voluntarily liquidate Silvergate Bank. Photographer: Ariana ...

Silvergate Bank's quick demise through a self-liquidation is prompting a closer look at the many red flags that ensnared the California bank even before the collapse of cryptocurrency exchange FTX ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Silvergate Capital’s crypto bank shutdown seems to be the ...

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. ...

California crypto banking giant Silvergate Capital announced Wednesday it is ending operations and liquidating its Silvergate Bank, sending its stock price plummeting, following a months-long downward ...

The demise of the crypto-friendly bank has prompted discussion about who tipped the first domino, and where crypto firms can turn for their banking needs. The voluntary liquidation of Silvergate Bank ...

Welcome back to Chain Reaction. On Wednesday, Silvergate Capital, a publicly traded crypto bank, shared that it would “wind down operations and voluntarily liquidate” its bank division. The move from ...

There is no indisputable catalyst behind today's move. Potential reasons could include a short squeeze, a solid liquidation scenario, or a sale of some of the bank's assets. Silvergate is one of three ...