Q4 2022 – DIGIT INFO

DCG losses top $1B on the back of 3AC collapse in 2022

DIGIT — Mon, 27 Feb 2023 23:55:12 +0000

The crypto conglomerate reported that falling crypto prices and the fallout from Three Arrows Capital’s loan default to Genesis affected its results.

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Coinbase beats Q4 earnings estimates amid falling transaction volume

DIGIT — Tue, 21 Feb 2023 22:43:46 +0000

Transaction volume on the exchange fell 12% in 2022’s fourth quarter, but the firm still beat forecast earnings despite a 57% year-on-year revenue drop.

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Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake

DIGIT — Tue, 14 Feb 2023 19:00:55 +0000

Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after it was discovered that Citadel Securities holds a 5.5% stake in the bank, according to a Schedule 13G filing with […]

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