Silvergate Stock Down 40% Following Diem Write-Off, Job Cuts
The collapse of FTX caused a spike in withdrawals from the crypto bank, while deposits dropped to just $3.8 billion in the last quarter.
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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