Silvergate Capital files for Chapter 11 bankruptcy in Delaware
The parent company of Silvergate Bank has listed assets ranging from $100 million to $500 million and liabilities between $10 million and $50 million.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The parent company of Silvergate Bank has listed assets ranging from $100 million to $500 million and liabilities between $10 million and $50 million.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Eric Trump’s American Bitcoin Sheds 95% From Peak, Erasing $600 Million From His Stake
American Bitcoin, the mining venture co-founded by Eric Trump, has collapsed since going public last year, and the damage is now l...
Circle Becomes “First Stablecoin Issuer” to Win US National Trust Bank Approval
Circle has received final approval from the US Office of the Comptroller of the Currency to establish a national trust bank, allow...
SWIFT Crypto Ledger Targets Settlement Dead Zones With 17-Bank Go-Live
SWIFT is taking its biggest step into crypto after confirming its blockchain-based shared ledger is ready for initial use. Built o...
3 Major Crypto Trends Changing How People Use Digital Assets: Binance Co-Founder
Crypto adoption is evolving in unexpected ways across global markets, revealing deeper changes in user behavior, according to Bina...
Swift’s New Blockchain Ledger Targets $315B Stablecoin Market With 17 Banking Giants
Key Takeaways: Swift has enabled its ledger, and 17 major banks are looking forward to testing out cross-border payments tokenized...
Polymarket Files for US Margin Trading, Chasing Kalshi Into Leveraged Prediction Markets
Polymarket has filed to offer margin trading in the United States, a step that could eventually let traders on the prediction mark...