This week we've seen crypto firms cut ties with Silvergate, revelations about Dapper Labs and Visa's crypto plans questioned.
in a regulatory filing that it may be “less than well-capitalized” and was"re-evaluating its business."that they were winding down their relationships with Silvergate on some level.
The bank has been under close inspection by regulators and politicians. Silvergate CEO Alan Lane has been blasted for his"evasive” responses to a previous letter by a group of bipartisan U.S. senators. The group also demanded more information about a $4.3 billion advance the firm took from the Federal Home Loan Bank of San Francisco in the fourth quarter.its Silvergate Exchange Network, a popular product that offers quick transfers between investors and crypto exchanges.
News of his excessive travel budget and luxury lifestyle was probably a bit of a gut punch for the staff, who haveLast week began with a report from Reuters that Visa was
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