A former Silvergate exec said the shuttering wasn’t due to the bank being ill-equipped to deal with bank runs post-FTX, but rather because of the regulatory environment

Plus, Kamala Harris finally talked about crypto

Plus, what Fed Chair Jerome Powell said about interest rates and inflation

The SEC filed a suit against former executives and the former bank on Monday

The summary report was published on Sept. 27 and includes the Fed’s recommendations on how to avoid a similar situation in the future

Grayscale is also looking to bolster its ETF team

Portfolio managers for Royal Bank of Canada funds indeed trade crypto stocks, but they don’t seem bullish on many right now

Linda Yaccarino will become Twitter chief executive, while Musk steps back into CTO role

According to Pitchbook, Silvergate had approximately 400 employees as of 2022

Silvergate had more than 90% of deposits coming from crypto clients, while Signature Bank had only 20%, a report found

38% of crypto holders surveyed by Morning Consult said that they’re turning to cold wallets, up from 24% last year

Were regional bank collapses all part of a plan to de-bank crypto?

Calls are growing for transparency over how the FDIC assumed control of crypto-friendly banks Signature and Silicon Valley Bank

Monday’s SEC filing shows the company purchased 6,455 BTC over the past several weeks

Bitcoin was introduced to the world right after the 2008 financial crash, and fifteen years later, we’re witnessing anew the failure of reserve banking and a debt-based system

The narrative conflating SVB with crypto woes is dangerously misleading

The falls of Silvergate, Silicon Valley Bank and Signature have left the crypto banking segment in flux, industry watchers say, though other options exist

US politicians have branded Silvergate’s collapse as a crypto-specific problem, but the industry isn’t buying it

Silvergate execs managed to time the top of the bull market pretty well — as did insiders at other major crypto firms

Coinbase’s move to cut ties with Silvergate looks prescient right about now

About 3.7 million new Silvergate shares, worth roughly $20 million, sold short in the past 30 days, S3 Partners data shows

With regulatory headwinds, US banks are probably not making payments systems a priority

Prominent crypto companies are moving away from Silvergate amid insolvency concerns

Last month, Signature banned SWIFT transactions less than $100,000

An overwhelming majority of the Silvergate float has been shorted, but a delayed SEC filing means a short squeeze is now further from reality