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silvergate capital

Silvergate crypto bank lost 877 million in 2022

Silvergate Capital, an entity focused on Bitcoin and blockchain companies and owner of Silvergate Bank, recorded losses of 948.6 million dollars (877 million euros) in 2022, compared to attributable net profit of 75.5 million dollars (70 million euros) of the previous year, affected by the crisis in…

Meta closes its cryptocurrency project

Diem Association, the consortium founded in 2019 to build a payment network linked to the cryptocurrency promoted by Facebook, now called Meta, has reached an agreement to sell its technological assets to Silvergate Capital, an entity…