The Latest Breaking News from Silvergate

Caitlin Long notes that Custodia Bank, a non-loan-making institution, has been encountering regulatory challenges for a while

The US banking crisis triggered worries about the global banking system earlier in the year. Three mid-sized US banks, Silicon Valley Bank, Silvergate and Signature, fell in quick succession, driving down bank share-prices across the world.

Shares of Silvergate Capital (SI) have plummeted more than 95% over the past six months. The company recently announced its plans to shut down operations and liquidate after the crypto industry’s meltdown sapped its financial strength. Amid this, traders are increasingly placing bearish bets on the stock. With mounting short…

There is a juicy rumor in Washington, D.C., that Sen. Warren's crypto policy has been informed by a short-seller. But is it true?

The stocks of several crypto mining companies also took a dive.

When Silicon Valley and Signature banks failed in early March 2023, government regulators rushed in to guarantee deposits and protect bank customers. Under current banking regulations, though, there was no obligation for the government to step in.

Just over a year before Silicon Valley Bank’s collapse threatened a generation of technology startups and their backers, the Federal Reserve Bank of San Francisco appointed a more senior team of examiners to assess the firm. They started calling out problem after problem.

Larry Fink tells investors more ‘shutdowns and seizures’ in US possible and predicts inflation and interest rates to rise

The failure of the crypto-friendly bank has spurred rampant speculation.