Techub News 消息，据路透社报道，Silvergate Bank 母公司 Silvergate Capital 已在特拉华州申请破产，计划完成清算并将使用剩余现金向债权人偿还欠款。
Silvergate 主要为加密货币行业的客户提供服务，该公司于 2023 年 3 月停止运营，并将存款退还给客户。在偿还客户存款后，Silvergate Capital 拥有约 1.63 亿美元现金，将在破...

Techub News 消息，据路透社报道，Silvergate Bank 母公司 Silvergate Capital 已在特拉华州申请破产，计划完成清算并将使用剩余现金向债权人偿还欠款。Silvergate 主要为加密货币行业的客户提供服务，该公司于 2023 年 3 月停止运营，并将存款退还给客户。在偿还客户存款后，Silvergate Capital 拥有约 1.63 亿美元现金，将在破产时在利益相关者之间进行分配。Silvergate 预计将全额偿还 1800 万美元欠款，并向优先股持有人支付款项，但预计无法向普通股持有人偿还欠款。

Silvergate Capital 在特拉华州申请破产，预计将全额偿还 1800 万美元欠款

According to Techub News, Reuters reported that Silvergate Capital, the parent company of Silvergate Bank, has filed for bankruptcy in Delaware, plans to complete liquidation and will use the remaining cash to repay creditors.
Silvergate mainly serves customers in the cryptocurrency industry. The company stopped operations in March 2023 and returned deposits to customers. After repaying customer deposits, Silvergate Capital has about $163 million in cash and will...

Techub News reported that according to Reuters, Silvergate Bank&#39;s parent company Silvergate Capital has filed for bankruptcy in Delaware, plans to complete liquidation and will use the remaining cash to repay creditors. Silvergate, which primarily serves clients in the cryptocurrency industry, ceased operations in March 2023 and returned deposits to clients. After repaying customer deposits, Silvergate Capital has approximately $163 million in cash, which will be distributed among stakeholders in bankruptcy. Silvergate expects to repay the $18 million owed in full and pay preferred stockholders, but does not expect to repay common stockholders.

Silvergate Capital files for bankruptcy in Delaware, expects to pay off $18 million in debt in full

- 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?

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

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.