Silvergate Bank


Videos

What Silicon Valley Bank, Silvergate Concerns Mean for Crypto Industry

Signature Bank, which has a number of crypto clients, was shut down Sunday by state regulators. This marks the third bank collapse in under a week, following Silvergate Bank's voluntary liquidation and Silicon Valley Bank's shutdown on Wednesday and Friday, respectively. Brian Brooks, Bitfury Board Member and former CEO, Valor Capital Group Partner and former Acting Comptroller of the Currency, reacts to the latest developments. Plus, Brooks explains why the collapse of SVB is "totally different" compared to Silvergate and Signature Bank.

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Videos

Brian Brooks Reacts to Silicon Valley Bank, Silvergate Implosions

The collapse of Silvergate, Signature, and Silicon Valley Bank has prompted crypto advocates to question whether regulators in the country are using a banking crisis to unfairly target the crypto industry, inspiring the hashtag #OperationChokePoint2. Brian Brooks, Bitfury Board Member and former CEO, Valor Capital Group Partner and former Acting Comptroller of the Currency, reacts to the fall of three crypto-friendly U.S. banks and the implications for the state of crypto.

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Opinion

When Will Crypto Learn From the Mistakes of Banks?

It’s time to bring the lessons of TradFi to crypto’s shadow banks, unregulated custodians and offshore exchanges before another FTX or Silvergate failure.

(Floriane Vita/Unsplash, modified by CoinDesk)

Finance

Crypto Must Do Better to Be Banked, Say Industry Executives

The downfall of Silvergate, Signature and Silicon Valley banks have wounded digital assets. But crypto might one day work with big banks if the industry can mature, WAX CEO William Quigley and Maicon CEO Alex Liu suggested.

Brevan Howard Digital was among the backers for Puffer's $5.5 million round. (Pixabay)

Opinion

Should I Keep My Money in Bitcoin or a Bank?

The U.S. government is in the business of bailing out banks. But some people prefer to keep cash under the mattress.

(Alwi Alaydrus/Unsplash, modified by CoinDesk)

Videos

Silicon Valley Bank Collapse: Crypto Impact and What's Next

The abrupt collapse of the Silicon Valley Bank and Signature Bank prompted U.S. regulators to impose emergency measures to protect depositors. This comes on the heels of crypto-friendly Silvergate Bank’s shutdown in the same week. Here’s a look at how SVB’s closure is sending ripple effects across the crypto industry, and what’s to come.

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Finance

Signature Bank’s Signet Platform Still Works, but Some Clients Have Moved On

The real-time payments platform, popular with crypto businesses, will continue to be offered under the newly established Signature Bridge Bank entity, a source told CoinDesk.

(Cyle De Guzman/Unsplash)

Finance

Banking Crisis Won’t Kill Crypto Banking Despite Short-Term Pain

From alternative banks to on-chain banking, crypto banking still has plenty of options, experts say.

BBitcoin faces headwinds (Pixabay)

Opinion

Bitcoin Was Built for This Moment

Amid a U.S. banking crisis, value is flowing into bitcoin. Is this the beginning of the “Great Reset?” investor and author Tatiana Koffman asks.

Author and investor Tatiana Koffman is just one among many who have turned to bitcoin amid a plague of bank runs – possibly the beginning of what she has described as the "Great Reset." (K8/Unsplash)

Finance

BlockTower Capital Funds Had Exposure to Silvergate, Signature Bank

Silvergate Bank announced a voluntary liquidation last week. Signature Bank was taken over by regulators on Sunday.

(CoinDesk)