Replacing Silvergate’s Network Is a Challenge for Crypto Industry: JPMorgan

Some of the services provided by Silvergate will migrate to other banks such as Signature Bank, Provident Bancorp, Metropolitan Commercial Bank and Customers Bancorp, the report said.

• 2023-03-10
• Silvergate Exchange Network Silvergate Signature Bank market participants JPMorgan Metropolitan Commercial Bank Provident Bancorp

Here's what could happen next to crypto-friendly bank Silvergate Capital

Once a crucial banking partner for the crypto firms, Silvergate Capital (SI) is now on the cusp of failure.

• 2023-03-06
• Silvergate Exchange Network Silvergate Capital bank deposit receivership Federal Deposit Insurance Corporation Silvergate