List of Flash News about Silvergate Bank
Time | Details |
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2025-02-17 18:39 |
Analysis of Crypto-Focused Banks and Their Operational Risks
According to nic__carter on Twitter, Silvergate Bank, a crypto-focused bank, primarily operates on a B2B model and does not serve retail depositors, thus minimizing 'chargeback' risk from consumer fraud. This insight is crucial for traders considering the stability and risk profile of financial institutions involved in cryptocurrency transactions. |
2025-02-07 23:00 |
Impact of Silvergate Bank's Demise on Cryptocurrency Market Participants
According to @EleanorTerrett, the demise of Silvergate Bank, as discussed by @nic__carter and former chairman @MikeLempres, resulted in the debanking of 1700 customers and affected 500 employees, highlighting significant disruptions in financial services for cryptocurrency market participants. |
2025-02-05 12:27 |
Mike Lempres Discusses Silvergate Bank's Involvement with FTX and Its Subsequent Liquidation
According to @nic__carter, Mike Lempres, former chairman of Silvergate Bank, provided insights into Silvergate's relationship with FTX, the subsequent bank run, and its liquidation. This discussion is crucial for traders analyzing the impact of these events on banking relationships within the cryptocurrency sector. |