Silvergate's deepening crisis jolts crypto stocks

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Shares of Silvergate Capital Corp fell 10 per cent in early trading on Monday after the bank suspended its crypto payments network and expressed doubts over the viability of its business.The crypto-focused bank said late on Friday that it had made a 'risk-based decision' to discontinue the Silvergate Exch

Shares of Silvergate Capital Corp fell 10 per cent in early trading on Monday after the bank suspended its crypto payments network and expressed doubts over the viability of its business.

The discontinuation could signal that Silvergate may consider winding down its operations, they added. Shares of Silvergate hit a record low of $4.86 on Friday, shedding nearly 98 per cent of their value since an all-time high close in November 2021 and wiping out more than $7 billion from the company's market capitalization.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 6. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Crypto stocks fall as Silvergate crisis deepensShares of cryptocurrency-related companies fell in premarket trading on Monday after Silvergate Capital Corp pulled the plug on its crypto payments network, following its doubts about keeping its business viable.The digital assets-focused bank said late on Friday that effective immediately it had made a '
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »