据 Financefeeds，加密友好银行 Silvergate 的母公司 Silvergate Capital 已向美国特拉华州破产法院申请第 11 章破产保护。破产申请显示，该公司的资产在 1 亿至 5 亿美元之间，负债在 1000 万至 5000 万美元之间。2023 年 3 月，Silvergate Capital 宣布将自愿清算其子公司 Silvergate Bank，理由是由于利率上升以及加密交易所 FTX 于 2022 年 11 月破产后的监管审查，导致银行业面临挑战。今年 7 月，Silvergate Capital 与美国 SEC、美联储和加州金融保护和创新部 (DFPI) 达成和解并同意支付 6300 万美元。

<div>据 Financefeeds，加密友好银行 Silvergate 的母公司 Silvergate Capital 已向美国特拉华州破产法院申请第 11 章破产保护。破产申请显示，该公司的资产在 1 亿至 5 亿美元之间，负债在 1000 万至 5000 万美元之间。2023 年 3 月，Silvergate Capital 宣布将自愿清算其子公司 Silvergate Bank，理由是由于利率上升以及加密交易所 FTX 于 2022 年 11 月破产后的监管审查，导致银行业面临挑战。今年 7 月，Silvergate Capital 与美国 SEC、美联储和加州金融保护和创新部 (DFPI) 达成和解并同意支付 6300 万美元。<br><br></div>

Silvergate Capital 已向美国特拉华州破产法院申请破产保护

According to Financefeeds, Silvergate Capital, the parent company of crypto-friendly bank Silvergate, has filed for Chapter 11 bankruptcy protection in the Delaware Bankruptcy Court. The bankruptcy filing shows that the company has assets between $100 million and $500 million and liabilities between $10 million and $50 million. In March 2023, Silvergate Capital announced that it would voluntarily liquidate its subsidiary Silvergate Bank, citing challenges in the banking industry due to rising interest rates and regulatory scrutiny following the bankruptcy of crypto exchage FTX in November 2022. In July of this year, Silvergate Capital reached a settlement with the U.S. SEC, the Federal Reserve, and the California Department of Financial Protection and Innovation (DFPI) and agreed to pay $63 million.

<div>According to Financefeeds, Silvergate Capital, the parent company of crypto-friendly bank Silvergate, has filed for Chapter 11 bankruptcy protection in the Delaware Bankruptcy Court. The bankruptcy filing shows that the company has assets between $100 million and $500 million and liabilities between $10 million and $50 million. In March 2023, Silvergate Capital announced that it would voluntarily liquidate its subsidiary Silvergate Bank, citing challenges in the banking industry due to rising interest rates and regulatory scrutiny following the bankruptcy of crypto exchage FTX in November 2022. In July of this year, Silvergate Capital reached a settlement with the U.S. SEC, the Federal Reserve, and the California Department of Financial Protection and Innovation (DFPI) and agreed to pay $63 million.<br><br></div>

Silvergate Capital has filed for bankruptcy protection in the Delaware Bankruptcy Court

Tencent News "Telescope", author: Ji Zhenyu
On September 18th, US time, the Federal Reserve announced a 50-basis-point rate cut at its closely watched September policy meeting, lowering the target range for the federal funds rate from 5.25%-5.5% to 4.75%-5%.
Federal Reserve Chairman Powell stated at the press conference that day that this is the beginning of a series of rate cuts. His remarks clearly announced that the Federal Reserve is officially ending the monetary tightening cycle that began in 2021 and entering a new cycle of monetary easing policy.
This magnitude significantly exceeded market expectations, and also increased market expectations for future economic...

The Federal Reserve cut interest rates by 50 basis points. Market participants: Powell's words and deeds are inconsistent

- The Federal Reserve has lowered interest rates by 0.5%.
- Market participants have mixed views on whether this larger-than-usual rate cut is good news.
It has finally happened: interest rates in the United States are declining.
Federal Reserve Chairman Jerome Powell announced on Wednesday that the nation's central bank will lower interest rates by 0.5%, putting them in the range of 4.75% to 5%.
Bitcoin rose 0.5 percentage points, reaching $60,500, while other major crypto assets such as Ethereum and Solana remained stable.
High interest rates make the cost of borrowing money higher and encourage investors to purchase risk-free government bonds to earn.

What does the Fed’s 0.5% rate cut mean for crypto assets?

Source: CoinDesk
Author: CoinDesk Staff
Original Title: Arthur Hayes: 'If They Go 50, That Will Be a Nuclear Catastrophe for Financial Markets'
Translator: Bitpush News Shawn
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Arthur Hayes, the former CEO of BitMEX, believes that if the US Federal Reserve raises interest rates by 50 basis points, it will be a "nuclear catastrophe" for financial markets.

In a recent interview, Hayes stated that the Fed's aggressive monetary policy tightening could lead to a significant market crash. He warned that a 50 basis point rate hike would be "a nuclear catastrophe for financial markets."

Hayes argued that the Fed's actions are driven by political considerations rather than economic fundamentals. He believes that the central bank is under pressure to control inflation, even if it means sacrificing the stability of the financial system.

The former BitMEX CEO also expressed concerns about the potential impact of the Fed's policies on the cryptocurrency market. He suggested that the crypto industry could face significant challenges if the broader financial markets experience a severe downturn.