Silvergate Capital (NYSE: SI) announced preliminary Q4 2022 financials this morning, highlighted by a decline in customer deposits to $3.8 billion compared to $11.9 billion in Q3 2022. “The digital asset industry has undergone a transformational shift, with significant over-leverage in the industry leading to several high-profile bankruptcies. These dynamics have sparked a crisis of … Continue reading Silvergate Capital Falls 40% After Revealing $718 Million Loss On Selling Debt, 40% Job Cuts