Market Cap: $2,649,052,993,271
24h Vol: $57,858,005,838
Cryptocurrencies: 30017
Markets: 116589
Cryptocurrencies: 30017
Markets: 116589
Market Cap: $2,649,052,993,271     
24h Vol: $57,858,005,838
CoinGape 2023-01-17 12:47:08

Just-In: This Crypto-Focused Bank Lost $1 Billion Due To FTX Collapse

Just-In: This Crypto-Focused Bank Lost $1 Billion Due To FTX Collapse
Silvergate Capital, a bank that specializes in virtual currencies, reported a loss of $1.05 billion in the fourth quarter of 2022; although at the same time a year earlier, it had reported a profit of $18.4 million. As a result of a string of high-profile bankruptcies that shook the crypto industry and prompted a deluge The post Just-In: This Crypto-Focused Bank Lost $1 Billion Due To FTX Collapse appeared first on CoinGape .
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