Silvergate Capital

Silvergate Bank has announced a net loss of $1 billion in the last quarter of 2022. It saw significant outflows of deposits in the last quarter of 2022 and took measures to maintain cash liquidity, including wholesale funding and selling…
Read More...

Silvergate Capital has halted its stablecoin plans because of a disappointing earnings report and plunging stock. It recorded quarterly earnings of $1.28 per share for Q3 2022, missing estimates of $1.45. Whilst Silvergate Bank’s digital…
Read More...