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Silvergate sold assets at loss and cut staff to cover $8.1B in withdrawals: Report

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Silvergate has reportedly laid off 200 members of its staff, which is around 40% of its total number of employees.

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Coin Market

Solana treasury firm SkyAI sells all SOL holdings, launches $201M buyback

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The former medical device maker has liquidated its Solana treasury and is offering to repurchase shares and warrants using its $223.8 million cash holdings.

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Market participants weigh in on SEC’s proposed crypto regulations

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The financial agency is scheduled to close public comments on its ‘Regulation Crypto Assets’ proposed in August.

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Crypto PAC pours $362K into California race voters essentially decided in August

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A Fairshake affiliate is supporting incumbent Aisha Wahab through ads in November, but the congresswoman already won a special election in the district.

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