Market Cap: $3,350,465,516,360
24h Vol: $162,289,815,217
Cryptocurrencies: 27846
Markets: 116350
Cryptocurrencies: 27846
Markets: 116350
Market Cap: $3,350,465,516,360     
24h Vol: $162,289,815,217
Bitcoin.com 2023-01-06 21:30:46

Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%

Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%
The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came just days after U.S. prosecutors reportedly seized collapsed crypto exchange FTX’s accounts held at the bank. Alan Lane, the CEO of Silvergate, denied allegations that
esptco-banner img
Latest News

Videos

  • Dash Coin Explained: A Cryptocurrency with a Major Potential

  • Ethereum Explained: What is Ethereum & How Does it Work? Simply Explained!

  • 0x (ZRX): What is 0x? (ZRX) (EXPLAINED)

  • What is an ICO, IEO, STO, IDO? Which one is the Best?

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire