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
$59,578.38+0.38%
Ethereum24h
$1,568.71+0.59%
BNB24h
$564.71+1.76%
XRP24h
$1.04+1.10%
Solana24h
$72.25+8.83%
TRON24h
$0.3196-1.24%
Hyperliquid24h
$64.27+0.77%
Dogecoin24h
$0.0754+2.37%
UNUS SED LEO24h
$9.19-2.06%
Zcash24h
$419.73+4.23%
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Silvergate in crisis: Billions withdrawn, liquidations and losses mount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.
-
Michael Saylor wants $100 STRC — the market says different—by Protos Staff
-
Lawyer wants Satoshi’s anonymous ‘finder’ to drop the mask—by Protos Staff
-
Goldfinch Africa lending dream ends in defaults and 99.8% token crash—by Protos Staff
-
Most Litecoin nodes ignore patch for double-spending bug—by Protos Staff
-
STRC at all-time low as Strategy loses 40 years of dividend coverage—by Protos Staff
-
Did Coinbase doxx its first bitcoin mortgage customer?—by Protos Staff
-
Most of Ripple’s own stablecoin lives on Ethereum—by Protos Staff
-
Hoskinson wants to save Cardano’s rep by leaving X for Discord safespace—by Protos Staff
-
XRP Ledger generated less than $400 in fees yesterday—by Protos Staff
