Altcoins Talks - Cryptocurrency Forum

Further Discussions => Banks & Cryptos => Topic started by: sirty143 on January 20, 2023, 03:26:12 PM

Title: Silvergate Capital Incurs Loss of $1 Billion in Q4 of 2022
Post by: sirty143 on January 20, 2023, 03:26:12 PM
Silvergate Capital Incurs Loss of $1 Billion in Q4 of 2022

(https://i.imgur.com/Szpqqmhm.jpg)

Silvergate Capital Corporation, the parent firm of the crypto-focused bank Silvergate Bank, has attributed the $1 billion loss it incurred in the fourth quarter of 2022 to the confidence crisis that permeates the entire crypto ecosystem... See more for yourself here (https://news.bitcoin.com/silvergate-capital-incurs-loss-of-1-billion-in-q4-of-2022/).

Your opinion is greatly appreciated.