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Market Cap:
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Cryptocurrencies: 22503
Bitcoin Bitcoin Share: 59.61%
Markets: 90871
AMB Crypto
2023-01-18 10:30:03

Silvergate Capital reports massive net loss in 2022, amounting to…

Silvergate Capital reports massive net loss in 2022, amounting to…

California-based cryptocurrency bank Silvergate Capital reported a net loss of $1 billion in Q4 2022. Silvergate shares have lost over 70% of their value following the FTX exchange’s meltdown. California-based cryptocurrency bank Silvergate Capital reported a $1 billion net loss attributable to shareholders in its Q4 2022 report. The report further cited a transformational shift

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