Silvergate Capital files for Chapter 11 bankruptcy in Delaware
The parent company of Silvergate Bank has listed assets ranging from $100 million to $500 million and liabilities between $10 million and $50 million.
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Wells Fargo partners with HSBC to settle FX transactions using blockchain
Juniper research report says cost-savings for banks using blockchain tech would grow by 3,300% by 2030. 83 Total views 1 Total shares Wells Fargo has partnered with HSBC to use its blockchain tools for the settlement of bilateral foreign exchange (FX) transactions.Wells Fargo would use the HSBC-developed FX Everywhere platform for interbank FX transactions. Developed…