Silvergate Bank revenues increased in Q1 due to declining cryptocurrency activity.

On Tuesday, SilverGate Bank announced its results for the first quarter of 2022, a crypto-fiat gateway network designed for financial institutions. , About $ 59.9 million and $ 24.7 million. The company is well-known for its ability to transfer US dollars and Euros between cryptocurrency exchanges and institutional investors through the Silver Exchange Network or … Read more

China’s top regulators ban crypto trading and mining by declining bitcoin

China has stepped up its crackdown on cryptocurrencies. Promises to eradicate “illegal” business, ban mining Bitcoin, small coins have fallen Shanghai / London, September 24, 2011 (FBC) – China’s top regulators on Friday cracked down on crypto and blockchain-related stocks by hitting bitcoin and other major currencies by banning blankets on all crypto transactions and … Read more