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#silvergate — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #silvergate, aggregated by home.social.

  1. Thiel-Backed Erebor Gets Green Light to Launch US Bank for Startups - TLDR

    Erebor has received preliminary approval from US regulators to operate as a nationa... - blockonomi.com/thiel-backed-er #siliconvalley #peterthiel #silvergate #business #erebor

  2. New paper from #Yale and the #FederalReserve blames the 2023 banking crisis on (you guessed it) #crypto and Nerd Reich #VCs.

    > "A clearer commonality between the six banks [that failed], the paper argues, is their exposure to risky depositor bases that other banks shied away from: #crypto firms and [tech] venture capitalists."

    * American Banker: americanbanker.com/news/new-pa
    * Paper: chicagofed.org/publications/wo

    #SiliconValleyCalif #SVB #SBNY #SignatureBank #FirstRepublic #a16z #Broligarchs #NerdReich #uspol #banking #finreg #Silvergate

  3. New paper from #Yale and the #FederalReserve blames the 2023 banking crisis on (you guessed it) #crypto and Nerd Reich #VCs.

    > "A clearer commonality between the six banks [that failed], the paper argues, is their exposure to risky depositor bases that other banks shied away from: #crypto firms and [tech] venture capitalists."

    * American Banker: americanbanker.com/news/new-pa
    * Paper: chicagofed.org/publications/wo

    #SiliconValleyCalif #SVB #SBNY #SignatureBank #FirstRepublic #a16z #Broligarchs #NerdReich #uspol #banking #finreg #Silvergate

  4. New paper from #Yale and the #FederalReserve blames the 2023 banking crisis on (you guessed it) #crypto and Nerd Reich #VCs.

    > "A clearer commonality between the six banks [that failed], the paper argues, is their exposure to risky depositor bases that other banks shied away from: #crypto firms and [tech] venture capitalists."

    * American Banker: americanbanker.com/news/new-pa
    * Paper: chicagofed.org/publications/wo

    #SiliconValleyCalif #SVB #SBNY #SignatureBank #FirstRepublic #a16z #Broligarchs #NerdReich #uspol #banking #finreg #Silvergate

  5. New paper from #Yale and the #FederalReserve blames the 2023 banking crisis on (you guessed it) #crypto and Nerd Reich #VCs.

    > "A clearer commonality between the six banks [that failed], the paper argues, is their exposure to risky depositor bases that other banks shied away from: #crypto firms and [tech] venture capitalists."

    * American Banker: americanbanker.com/news/new-pa
    * Paper: chicagofed.org/publications/wo

    #SiliconValleyCalif #SVB #SBNY #SignatureBank #FirstRepublic #a16z #Broligarchs #NerdReich #uspol #banking #finreg #Silvergate

  6. New paper from #Yale and the #FederalReserve blames the 2023 banking crisis on (you guessed it) #crypto and Nerd Reich #VCs.

    > "A clearer commonality between the six banks [that failed], the paper argues, is their exposure to risky depositor bases that other banks shied away from: #crypto firms and [tech] venture capitalists."

    * American Banker: americanbanker.com/news/new-pa
    * Paper: chicagofed.org/publications/wo

    #SiliconValleyCalif #SVB #SBNY #SignatureBank #FirstRepublic #a16z #Broligarchs #NerdReich #uspol #banking #finreg #Silvergate

  7. @GottaLaff the crypto bros are big mad about the collapse of #Silvergate and Signature banks (AKA "the big crypto banks"). the conspiracy theory they have about the #FDIC is called "Operation Chokepoint 2.0" if you want to look into it.

    (the reality is that Silvergate and Signature banks were massive money laundering hubs, moving literally trillions of dollars a year in untracked funds outside of all money laundering regulations. they were both intimately connected to #FTX)

    cc @KimPerales ICYMI

    i published this 4 months before Signature Bank collapsed: cryptadamus.substack.com/p/sig

    #SBNY #SI #SignatureBank #Crypto #OperationChokepoint #OperationChokepoint2

  8. @GottaLaff the crypto bros are big mad about the collapse of #Silvergate and Signature banks (AKA "the big crypto banks"). the conspiracy theory they have about the #FDIC is called "Operation Chokepoint 2.0" if you want to look into it.

    (the reality is that Silvergate and Signature banks were massive money laundering hubs, moving literally trillions of dollars a year in untracked funds outside of all money laundering regulations. they were both intimately connected to #FTX)

    cc @KimPerales ICYMI

    i published this 4 months before Signature Bank collapsed: cryptadamus.substack.com/p/sig

    #SBNY #SI #SignatureBank #Crypto #OperationChokepoint #OperationChokepoint2

  9. @GottaLaff the crypto bros are big mad about the collapse of #Silvergate and Signature banks (AKA "the big crypto banks"). the conspiracy theory they have about the #FDIC is called "Operation Chokepoint 2.0" if you want to look into it.

    (the reality is that Silvergate and Signature banks were massive money laundering hubs, moving literally trillions of dollars a year in untracked funds outside of all money laundering regulations. they were both intimately connected to #FTX)

    cc @KimPerales ICYMI

    i published this 4 months before Signature Bank collapsed: cryptadamus.substack.com/p/sig

    #SBNY #SI #SignatureBank #Crypto #OperationChokepoint #OperationChokepoint2

  10. @GottaLaff the crypto bros are big mad about the collapse of #Silvergate and Signature banks (AKA "the big crypto banks"). the conspiracy theory they have about the #FDIC is called "Operation Chokepoint 2.0" if you want to look into it.

    (the reality is that Silvergate and Signature banks were massive money laundering hubs, moving literally trillions of dollars a year in untracked funds outside of all money laundering regulations. they were both intimately connected to #FTX)

    cc @KimPerales ICYMI

    i published this 4 months before Signature Bank collapsed: cryptadamus.substack.com/p/sig

    #SBNY #SI #SignatureBank #Crypto #OperationChokepoint #OperationChokepoint2

  11. @GottaLaff the crypto bros are big mad about the collapse of #Silvergate and Signature banks (AKA "the big crypto banks"). the conspiracy theory they have about the #FDIC is called "Operation Chokepoint 2.0" if you want to look into it.

    (the reality is that Silvergate and Signature banks were massive money laundering hubs, moving literally trillions of dollars a year in untracked funds outside of all money laundering regulations. they were both intimately connected to #FTX)

    cc @KimPerales ICYMI

    i published this 4 months before Signature Bank collapsed: cryptadamus.substack.com/p/sig

    #SBNY #SI #SignatureBank #Crypto #OperationChokepoint #OperationChokepoint2

  12. Former Silvergate Bank CTO and Trump’s ‘Crypto Czar’ David Sacks Speak Out on Operation Choke Point - Operation Choke Point 2.0, a campaign of regulatory pressure against cryptocurrenc... - news.bitcoin.com/former-silver #davidsacks #silvergate #news

  13. Silvergate Capital files for Chapter 11 bankruptcy in Delaware - The parent company of Silvergate Bank has listed assets ranging from $10... - cointelegraph.com/news/silverg #unitedstates #silvergate #bankruptcy #delaware #ftx

  14. Federal Reserve Board drops enforcement action against Silvergate - Silvergate Bank, a former crypto-friendly bank, collapsed in March 2023 ... - cointelegraph.com/news/federal #federalreserve #silvergate #ftx

  15. Class Action Suit Against Silvergate Bank Over FTX Fraud Allegations Moves Forward After Judge’s Ruling - FTX users are suing the now-defunct Silvergate by claiming it abetted FTX and its affilia... - cryptonews.com/news/class-acti #alamedaresearch #blockchainnews #silvergate #ftx

  16. What a surprise - look who benefits from the emerging bank crisis #SVB #Silvergate #SignatureBank - Bank of America #BofA received deposits worth over $15B in recent days. The #lender benefitted from the collapse of three smaller banks due in part to its reputation as a more secure institution. bloomberg.com/news/articles/20

  17. Total crypto market cap takes a hit amid Silvergate Bank crisis - The total crypto market cap slipped below $1.025 trillion as conc... - cointelegraph.com/news/total-c #silvergate #markets #funding #options #ftx #eos #imx

  18. "Beginning in 2013, Silvergate senior management changed the bank's strategy to focus on customers engaged in crypto activities," the Fed inspector general's office wrote in a summary of its findings.

    americanbanker.com/list/dramat

    #banking #crypto #Silvergate

  19. Crypto-Friendly Silvergate Bank Has Fully Repaid All Deposit Liabilities, Now Holds Less Than $10,000 - Source: AdobeStock / Timon
    Crypto-friendly Silvergate Capital has announced that i... - cryptonews.com/news/crypto-fri #silvergatebank #altcoinnews #silvergate

  20. Silvergate CEO to depart amid ongoing liquidation and investor suits - Silvergate is losing its CEO Alan Lane and two other top executiv... - cointelegraph.com/news/silverg #liquidation #silvergate #alanlane #collapse #bank

  21. Binance sold USDC for BTC & ETH after Silvergate bank collapse: PoR report - Binance’s depleting USDC reserves has become a hot topic in the c... - cointelegraph.com/news/binance #bitcoinprice #stablecoin #silvergate #binance

  22. As Traditional Banks Step Back, New Players Fill Gap in Crypto Banking - With traditional banks becoming more cautious about servicing the cryptocurrency industry... - cryptonews.com/news/as-traditi #siliconvalleybank #signaturebank #altcoinnews #silvergate #banks

  23. Binance Exec. Found in Charge of Silvergate Bank Account for “Independent” Binance.US - This investigation could prove that Binance has tight controls over the subsidiary... - dailycoin.com/binance-exec-fou #changpengzhao #binance.us #silvergate #exchanges #zz_index #binance #zz_top

  24. Today in Crypto: Silvergate to Delist from NYSE & Fire 230 Staff, US Trains Ukraine to Target Russian Oligarchs’ Crypto, LG NFT TV - Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigat... - cryptonews.com/news/today-in-c #altcoinnews #silvergate #montenegro #ethereum #banking #ukraine #cardano #staking #career #russia #ai

  25. Job Cuts at Silvergate as Crypto-Friendly Bank Winds Down After FTX Collapse - Silvergate Capital, the parent company of now-defunct crypto-friendly bank Silvergate Ban... - cryptonews.com/news/job-cuts-a #blockchainnews #silvergatebank #silvergate #ftx

  26. Michael Saylor’s MicroStrategy repays Silvergate loan and buys 6.5K BTC - MicroStrategy has increased its total Bitcoins holdings to 138,95... - cointelegraph.com/news/michael #microstrategy #bitcoinprice #silvergate #sec

  27. Kraken Suspends Automated Clearinghouse Deposits and Withdrawals Due to Silvergate’s Closure – What Does This Mean for Users? - Kraken will suspend automated clearinghouse (ACH) deposits and withdrawals beginning Marc... - cryptonews.com/news/kraken-sus #cryptoexchange #silvergatebank #altcoinnews #silvergate #kraken #sec

  28. Signature Bank, FTX, and TrueUSD: A Tale of Questionable Judgement

    A timeline of the intermingled histories of #FTX, #Binance, and their banking partners #SBNY and #Silvergate (#SI).

    #TrueUSD #BUSD #PrimeTrust #Stablecoin #Bank
    cryptadamus.substack.com/p/sig

  29. @JLHarwell it is indeed scary. also interesting is who is willing to be #Binance's banker in the US (answer: #Silvergate #SI and Signature #SBNY)

    some more color on both, who are both linked to #FTX and Binance and are each doing roughly a trillion dollars a year on their private unapproved payment networks.
    cryptadamus.substack.com/p/sig

  30. #Silvergate Bank, the bank that paid $200 million for Facebooks (Meta) #Diem (Libra) crypto stuff, the bank that positioned itself as a pioneer in connecting crypto stuff to "real" banking, today decided to completely wind down and go into voluntary liquidation. #Oops. cc @molly0xfff dfpi.ca.gov/2023/03/08/dfpi-st