Silvergate Shares Plunge Amid $8B in Withdrawals, Job Cuts

Jan 5, 2023

Shares of crypto bank Silvergate Capital (SI) plunged after announcing it has cut 40% of its staff, or about 200 employees.

Up Next

10:31

Next Up: BTC ETFs Go Global

Mar 14, 2024

01:12

Will Another Region Approve Spot Ether ETFs Before the U.S.?

Mar 14, 2024

15:55

Spot BTC ETF Is 'a New Door' for TradFi

Mar 8, 2024

06:05

What's Next for Spot ETH ETFs

Mar 1, 2024

08:35

CoinShares Exec on Spot BTC ETF Outlook

Feb 21, 2024

View all

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.