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Breaking: Silvergate Stock Loses Nearly 50% as Firm Struggles with Crypto Deposits

 

Silvergate Capital shares fell nearly 50% on Thursday. This is after the crypto-focused bank released its preliminary results for the last quarter, which showed a large amount of crypto withdrawals. The total amount of deposits made by clients using digital assets dropped to almost $3.8
CoinGape’s first post, Breaking: Silvergate Stock Crash Nearly 50% as Firm Struggles with Crypto Deposits, appeared first on CoinGape.

 

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