Silvergate's payments platform sees record activity, totaling $17.4 billion in transfer volumes

Silvergate, a publicly traded regional bank known for its large crypto client-base, saw activity on its 24/7 payments network hit record levels, according to the firm’s quarter one earnings report.  In addition to offering traditional banking services to cryptocurrency firms, Silvergate also operates its own proprietary payments network called the Silvergate Exchange Network (SEN). SEN […]
Read Full Story
Apr 29, 2020, 2:09PM UTC

As crypto firms struggle for loan approval, Galaxy is offering a savvy (and lucrative) solution

This free preview of The Block Genesis is offered to our loyal readers as a representation of the highly valuable journalism our Genesis members receive daily. If you’d like to receive all Genesis content on our site and via daily newsletter, join here. Galaxy, helmed by billionaire investor and former hedge fund manager Mike Novogratz, […]
Read Full Story
Apr 8, 2019, 9:04PM UTC