Silvergate

Silvergate Bank's Fallout
Silvergate Bank's Fallout
Could Silvergate collapse cause more pain in the crypto industry? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Silvergate Bank's Fallout

Kris Marszalek, co-founder and CEO of Crypto.com (Crypto.com)
Crypto.com Faces Difficulty Maintaining Fiat On-Ramps in the Face of Crypto Banking Crisis
The exchange’s current EUR banking partner is only accessible to users based in the European Economic Area (EEA).
Kris Marszalek, co-founder and CEO of Crypto.com (Crypto.com)

(Gaertringen/Pixabay)
Crypto Options Market Flashes Bitcoin Warning as Silvergate Winds Down Operations
Bitcoin's options skew favors bearish put options by the most in two months.
(Gaertringen/Pixabay)

(Clay LeConey/Unsplash)
Silvergate Collapse Dragging Down Bitcoin Volume
Data from CryptoQuant shows that active addresses and transfer volume have seen significant declines as Silvergate weighs heavy on the market.
(Clay LeConey/Unsplash)

(CoinDesk)
Crypto Stakeholders Say No Exposure to Shuttered Silvergate
Binance, Coinbase, OKX, and Paxos have all released statements regarding their exposure to Silvergate.
(CoinDesk)

Marathon Digital CEO Fred Thiel. (CoinDesk)
Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate
The miner reduced its debt by $50 million and freed up about $75 million worth of bitcoin that was held as collateral.
Marathon Digital CEO Fred Thiel. (CoinDesk)

(Tim Grist Photography/GettyImages)
Silvergate's Collapse May Spell Regulatory Trouble for Crypto
Silvergate’s woes are an ill omen for the broader crypto industry.
(Tim Grist Photography/GettyImages)

(Will Foxley/CoinDesk)
Silvergate Talking With FDIC About How to Save Crypto-Focused Bank: Bloomberg
FDIC examiners met with Silvergate management at its headquarters in California last week.
(Will Foxley/CoinDesk)

(Kevin Ross/CoinDesk)
Signature Bank, Stablecoins Might Benefit From Silvergate Exchange Network's Demise
The bank’s exchange network, SEN, had a simple premise and played a crucial role from its inception in 2018 through its shutdown on Friday. Analysts and experts are handicappi...
(Kevin Ross/CoinDesk)

Markets Daily Podcast Cover
Crypto Update | Crypto’s Banking Problem Is Not Ironic
With crypto markets trading more red than green, plus a look at the unintended consequences of Choke Point 2.0, CoinDesk’s “Markets Daily” is back with its latest news roundup...
Markets Daily Podcast Cover