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Crypto exchange Coinbase stops initiating payments to or from Silvergate

Crypto exchange Coinbase stops initiating payments to or from Silvergate
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Niket nishantUttaresh venkateshwaranSriraj kalluvilaCoinbase global incSilvergate capital corpCalifornia based silvergate

Crypto lender Silvergate s viability questioned after lender delays financial report, reveals massive losses

Cryptocurrency heavyweights including Coinbase Global Inc. and Galaxy Digital on Thursday dropped Silvergate Capital Corp. as their banking partner after the lender's latest filing raised questions about its ability to stay in business.

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Silvergate s Big Crypto Feed Dispels Watchdogs Worst Fears

(Bloomberg) For months, U.S. officials have raced to sever ties between banks and risky crypto ventures, fearing the financial system could one day

United statesLa jollaSan franciscoSam bankmanBloomberg businessweekHerbert hooverTodd bakerOlga garifDeposit insurance corporationCustodia bank incJustice departmentFederal reserveExchange commissionSilvergate capital corpHome loan bankBinance holdings ltd

Silvergate s big crypto losses feed watchdogs worst fears

Silvergate s big crypto losses feed watchdogs worst fears
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La jollaUnited statesSan franciscoSam bankmanHerbert hooverTodd bakerAkos stiller bloombergJustice departmentCustodia bankFederal reserveExchange commissionBinance holdingsHome loan bank systemDeposit insurance corpHome loan bankOffice of the comptroller

Silvergate s big crypto losses feed watchdogs worst fears

FOR months, US authorities have been racing to sever ties between banks and risky crypto ventures, worried the financial system could someday suffer serious losses. They may have been too late. In the starkest warning yet by a US bank catering to the sector, Silvergate Capital Corp. said Wednesday it…

La jollaUnited statesSan franciscoSam bankmanHerbert hooverTodd bakerCustodia bank incJustice departmentFederal reserveExchange commissionSilvergate capital corpHome loan bank systemDeposit insurance corpHome loan bankBinance holdings ltdOffice of the comptroller