Block.One founder Brendan Blumer lost over $70M on Silvergate
Brendan Blumer of EOS and Block.One fame invested over $90 million in Silvergate right before it collapsed 80%.
Bitcoin24h
$78,006.46-3.35%
Ethereum24h
$2,176.31-3.70%
BNB24h
$653.92-5.06%
XRP24h
$1.41-4.54%
Solana24h
$86.00-5.97%
TRON24h
$0.3520+0.05%
Dogecoin24h
$0.1088-5.61%
Hyperliquid24h
$40.81-10.25%
UNUS SED LEO24h
$10.05-1.63%
Cardano24h
$0.2539-5.36%
Will crypto-friendly bank Silvergate file for bankruptcy this weekend?
Publicly traded Silvergate might file for bankruptcy soon. Major customers are terminating their accounts and withdrawing billions.
Silvergate warns investors it may not survive the year, shares drop 30%
Silvergate informed investors it won’t file its 2022 fiscal report on time due to last-minute payments that have put its future in jeopardy.
Citadel Securities discloses hefty stake in struggling Silvergate
Citadel Securities bought over 1.6 million shares in struggling crypto-friendly bank Silvergate at the end of last year, filings show.
Silvergate in crisis: Billions withdrawn, liquidations and losses mount
Silvergate lost nearly $1 billion in Q4 2022 alone as customers realized that FTX was once its biggest client.
-
Crypto firms put IPO plans on ice as listed companies tank—by Protos Staff
-
AP just rugged crypto bros with a Swatch collab—by Protos Staff
-
Somebody is flooding Bitcoin’s network with new IP addresses—by Protos Staff
-
Bitcoin dropped to $0.019 on Revolut today—by Protos Staff
-
JaredFromSubway.eth sandwich attacked Vitalik Buterin—by Protos Staff
-
Every time Michael Saylor said he’d never sell bitcoin—by Protos Staff
-
David Schwartz says don’t invest in Ripple—by Protos Staff
-
Strategy’s BTC binge has cost it $1 billion in expenses—by Protos Staff
-
MegaETH’s MEGA launch soured by undisclosed fees on Kumbaya—by Protos Staff
