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Cryptopolitan
2023-03-02 22:40:13

Silvergate bank stocks plummet as Coinbase cuts ties due to insolvency scare

Silvergate bank stocks plummet as Coinbase cuts ties due to insolvency scare

Heavy hitters in the cryptocurrency industry like Coinbase Global Inc and Galaxy Digital ditched Silvergate Capital Corp as its banking partner on Thursday after the lender’s most recent filing cast doubt on its capacity to continue operating. Coinbase and Galaxy Digital both claimed to have little exposure to Silvergate, which has been caught up in … Silvergate bank stocks plummet as Coinbase cuts ties due to insolvency scare Read More »

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