Silvergate raced to cover $8.1 billion in withdrawals during crypto meltdown

Silvergate raced to cover $8.1 billion in withdrawals during crypto meltdown

Market
kapil kumarLeave a Comment on Silvergate raced to cover $8.1 billion in withdrawals during crypto meltdown


The collapse of crypto exchange FTX sparked a run on Silvergate Capital Corp., forcing the bank to sell assets at a steep loss to cover some $8.1 billion in withdrawals.




Source link

facebookShare on Facebook
TwitterTweet
FollowFollow us

Related Posts

Rupee falls to 2-week low vs USD; Nifty edges higher but smallcap stocks bleed

kapil kumar
This liquor stock has given multibagger returns this year

This liquor stock has given multibagger returns this year

kapil kumar
Navi Technologies gets Sebi’s approval for IPO

Navi Technologies gets Sebi’s approval for IPO

kapil kumar
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments