Crypto Friendly Silvergate Reveals Positive Financial Data, Shares Rebound

Crypto Friendly Silvergate Reveals Positive Financial Data, Shares Rebound


Bitcoinist
2023-01-17 15:35:41

Silvergate, the financial institution oriented to the crypto industry, released data related to its fourth quarter, 2022. Following the collapse of one of its partners, crypto exchange FTX, the bank saw over $8 billion in customer withdrawals leading to rumors about its potential bankruptcy. Related Reading: Stablecoin Backed By Gold To Be Reportedly Launched By