Silvergate Crypto Bank Closes Doors Following Market Crash.
The recent market crash has had a devastating effect on many businesses, and the cryptocurrency sector is no exception. Silvergate Crypto Bank, one of the leading crypto banks, has recently announced that it will be closing its doors due to the economic downturn caused by the market crash. Silvergate Crypto Bank was founded in 2018 and quickly gained a reputation as one of the top crypto banks in the industry. It provided a range of services to its customers, including secure storage of digital assets, trading services, and merchant services.