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Silvergate sold assets at loss and cut staff to cover $8.1B in withdrawals: Report

January 5, 2023 by DIGIT
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Silvergate has reportedly laid off 200 members of its staff, which is around 40% of its total number of employees.

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  • bitcoinBitcoin(BTC)$98,528.00-0.17%
  • ethereumEthereum(ETH)$3,466.30-1.04%
  • tetherTether(USDT)$1.00-0.06%
  • rippleXRP(XRP)$2.28-2.26%
  • binancecoinBNB(BNB)$700.780.71%
  • solanaSolana(SOL)$198.160.89%
  • dogecoinDogecoin(DOGE)$0.329496-1.49%
  • usd-coinUSDC(USDC)$1.000.01%
  • staked-etherLido Staked Ether(STETH)$3,461.08-0.93%
  • cardanoCardano(ADA)$0.91-3.16%
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  • bitcoinBitcoin(BTC)$98,528.00-0.17%
  • ethereumEthereum(ETH)$3,466.30-1.04%
  • tetherTether(USDT)$1.00-0.06%
  • rippleXRP(XRP)$2.28-2.26%
  • binancecoinBNB(BNB)$700.780.71%
  • solanaSolana(SOL)$198.160.89%
  • dogecoinDogecoin(DOGE)$0.329496-1.49%
  • usd-coinUSDC(USDC)$1.000.01%
  • staked-etherLido Staked Ether(STETH)$3,461.08-0.93%
  • cardanoCardano(ADA)$0.91-3.16%