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Crypto Bank Juno Chooses Zero Hash to Be New Custodian
6.1.2023
The company's former custodian, Wyre, is scaling back its services
MicroStrategy, Marathon Digital Shares Fall Amid Crypto Bank Silvergate's Woes
5.1.2023
Silvergate also cut 40% of its staff and has written off the $196 million related to its Diem acquisition
Silvergate in Trouble: Crypto Bank Cuts Staff by 40% Amid a 68% Decline in Crypto Deposits
5.1.2023
Trouble is brewing for crypto bank Silvergate as the company cuts staff by 40% and sells assets at a loss to cover $8.1 billion worth of customer withdrawals. Furthermore, the company's crypto-related deposits saw a 68% decline in the fourth quarter of last year.
According to a Thursday report by...
Crypto Bank Juno Tells Customers to Self-Custody or Sell Amid Custodian Wyre's Turmoil
5.1.2023
Juno's current custodian, Wyre, will liquidate in January
Basel Committee Endorses Global Crypto Banking Rules to be Implemented by 2025
16.12.2022
The rules suggested that a banks exposure to certain crypto assets must not exceed 2% and should generally be lower than 1%
SEC calls on firms to disclose exposure to crypto bankruptcies and risks
9.12.2022
The Securities and Exchange Commission corporate finance division reminded companies of what they are required to disclose and provided guidance to what else they want to know
Crypto Bank Signature Suffers Another Analyst Downgrade; Shares Fall
7.12.2022
Raymond James is the latest Wall Street firm to cut its rating on the stock, following Morgan Stanley’s move earlier this week
Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren
6.12.2022
Senator Elizabeth Warren (D-Mass) and two GOP senators have asked crypto-friendly bank Silvergate (SI) for answers over its supposed role in facilitating transfers between bankrupt exchange FTX and its sister firm Alameda Research, NBC reported Tuesday
Crypto Bank Silvergate Cut to Underweight at Morgan Stanley Following FTX Collapse
5.12.2022
Already down more than 50% over the past month, the bank’s shares are lower by another 3% in premarket action Monday morning
Crypto Bank Silvergate Says Its BlockFi Digital Asset Deposit Exposure Totals Less Than $20M
29.11.2022
The bank's shares closed down 11% to $25.90 on Monday, after BlockFi bankruptcy filing
Founder of EOS Developer Block.One Buys 9.3% of Crypto Bank Silvergate
23.11.2022
The purchase make Brendan Blumer the largest holder of Silvergate
Shares of Crypto Bank Silvergate Continue to Fall Despite CEO’s Remarks
18.11.2022
Traders seem to be anticipating Silvergate could be significantly affected by the collapse of FTX
Crypto Bank Silvergate Bucks Market Rally as FTX Exposure Is Questioned
15.11.2022
Silvergate shares were down about 7% while other crypto-linked stocks rallied Tuesday
Crypto Bank Silvergate Capital Surges on Lack of FTX Exposure
11.11.2022
The lender said it has no outstanding loans nor investments in the bankrupt crypto exchange
Crypto Bank Silvergate’s Stock Defended By Analysts Amidst FTX Concerns
9.11.2022
Silvergate shares have fallen this week on broader crypto market worries, including the fact that FTX is a customer of theirs
Swiss-Based Crypto Bank SEBA Offers Custody for 'Blue Chip' NFTs
26.10.2022
SEBA is extending its digital asset custody services to blue-chip NFTs such as Bored Apes and CryptoPunks
VC Roundup: Web3 dev, EVM sharding and crypto banking headline blockchain funding deals
22.10.2022
WWVentures, Shardeum, Myna Swap, Antic, Juno, Zerion and thirdweb attract venture capital interest in latest funding blitz
German Crypto Bank Nuri Asks Clients to Withdraw Funds as It Goes Out of Business
20.10.2022
Digital asset platform Nuri has told customers to withdraw their funds in the next two months, after taking a hit from the crypto winter. Formerly known as Bitwala, the Berlin-headquartered cryptocurrency bank filed for insolvency earlier this year and failed to find a buyer. Nuri to Maintain...
German crypto bank Nuri tells 500K users to withdraw funds ahead of shut down
19.10.2022
Nuri will maintain crypto trading services until the end of November, and has encouraged users to withdraw their assets before the mid-December deadline
Crypto Bank Silvergate to Miss Goal of Offering Stablecoin This Year
18.10.2022
Silvergate is no longer on track to launch its own Stablecoin this year, though CEO Alan Lane said the company continues to work closely with regulators on the matter