Crypto banking giant Silvergate is no more following NYSE delisting
Before Silvergate Bank closed, Block.One founder, Brendan Blumer, Citadel, and Cathie Wood’s ARK Invest all made doomed attempts to save it.
Read more (2 min) →4 stories, newest first
Before Silvergate Bank closed, Block.One founder, Brendan Blumer, Citadel, and Cathie Wood’s ARK Invest all made doomed attempts to save it.
Read more (2 min) →CryptoUK says a list of safe firms is just one of a number of measures the government can take to prevent exchanges from being de-banked.
— Crypto, Silvergate
Investors in Silvergate have lost almost everything after the company failed to protect FTX customer money from Alameda.
With a hawkish Fed and structural risks affecting crypto markets, short-sellers may feel they can short the industry's weakest links.