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Tag: Silvergate Bank

US Bank Regulators Confess Mistakes

In the aftermath of a string of high-profile bank collapses in the United States, regulatory agencies are acknowledging the errors they have made. Internal...

FDIC pins Signature Bank’s failure on poor governance and illiquidity

The United States Federal Deposit Insurance Corp’s (FDIC) post-mortem assessment of Signature Bank of New York (SBNY) revealed poor management and inadequate risk management...

Will Bitcoin Suddenly Be More Volatile Than Ethereum?

For what appears to be the first time in about 24 months, many crypto heads and analysts are saying bitcoin – the world’s number...

Blockchain Association Seeks Information on De-banking of Crypto Companies

The Blockchain Association, a cryptocurrency advocacy group, has filed additional Freedom of Information Law (FOIL) requests to regulators in the US. The group had...

CBDC Debate Heats Up: BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs

During the weekend, discussions about central bank digital currencies, or CBDCs, trended on social media as many people believe the idea will result...

Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023

Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However,...

Opinion: The Silvergate Collapse Shouldn’t Predict Crypto’s Future

Earlier today, we reported that Silvergate Bank – a tech-friendly financial institution stationed in Silicon Valley – had collapsed. The company is liquidating all...

Bitcoin Crashed Following News of Silvergate Shutdown

In mid-March, the world’s leading digital currency (bitcoin) fell by more than eight percent and briefly went below the $20K mark. The dip occurred...

Marathon Digital Mines 2,195 Bitcoins In The First Quarter Of The Year Despite Unsavory Market Conditions

Advertisement &nbsp &nbsp Marathon Digital records stellar figures in the first three months of 2022 as it mines over 2,000 Bitcoins. In terms of...

The Trouble with Crypto Bank Silvergate Is Growing

The trouble surrounding Silvergate Bank appears to be getting worse, and the company has attracted a lot of negative attention in recent weeks after...

Market Analysis Report (06 Apr 2023)

Adrienne Harris, the head of the New York Department of Financial Services (NYDFS), said it was “ludicrous” to think that Signature Bank’s closure last...

Marathon Digital Mined a Staggering 2,195 Bitcoin (BTC) in Q1 2023

The recent additions bring its total holdings to 11,466 bitcoin. Q1 was the most successful quarter ever as per the company’s CEO. Marathon Digital,...

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