Crypto bank Silvergate’s ‘collywobbles’ could add to industry’s woes
https://techcrunch.com/2023/03/09/silvergate-crypto-bank-problems/
Another massive crypto-centric firm bit the dust this week, leading some analysts to forecast bigger problems for the overall ecosystem.
Silvergate Capital, a publicly traded crypto bank, announced Wednesday that it would “wind down operations and voluntarily liquidate” its bank division.