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Crypto stocks slide after Silvergate decides to shut down

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Shares of crypto-focused companies fell on Thursday in premarket trading after Silvergate Capital Corp disclosed plans to wind down operations and voluntarily liquidate, as the aftermath of FTX's implosion last year reverberates through the industry.

Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration

disclosed plans to wind down operations and voluntarily liquidate, as the aftermath of FTX's implosion last year reverberates through the industry.

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Wow surprise! Kripto-ponzi is fall again?

Don't worry, folks, Crapto'currency' isn't going anywhere, because there's a sucker born every minute & this fraud is legitimized by being listed on the stock 'market' aka gambling den.

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Silvergate Capital stock tanks as company plans to wind down its crypto-friendly bankSilvergate Capital Corp. shares plunged 30% in after-hours trading Wednesday to a record low, after the company said it intended to wind down operations and...
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Impact of the Silvergate collapse on crypto — Watch The Market Report liveThe Market Report with Cointelegraph is live! Tune in to watch Cointelegraph’s resident experts discuss the impact of the Silvergate collapse on crypto. I wish the whales would hurry the F up and tank the bitcoin price. A lot of us are waiting to buy up some of that weak hander's corn
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