THE HASH: Silvergate Suspends Dividends on Preferred Stock; Argo Blockchain Faces Class-Action Suit

THE HASH: Silvergate Suspends Dividends on Preferred Stock; Argo Blockchain Faces Class-Action Suit

By CoinDesk

The most valuable crypto stories for Friday, Jan. 27, 2023. 

"The Hash" hosts tackle today's hot topics, including crypto bank Silvergate suspending preferred stock dividends as it looks to preserve capital; bitcoin miner Argo Blockchain facing a class-action lawsuit over alleged misleading statements made during its 2021 initial public offering, and Sen. Ted Cruz's (R-Texas) resolution that would require Capitol Hill vending machines to accept crypto.

See also: ​​

Crypto Bank Silvergate Suspends Dividend on Preferred Stock

Crypto Bank Silvergate Reports Q4 Loss of $1B

Bitcoin Miner Argo Blockchain Faces Class-Action Suit Over US Share Sale

Sen. Ted Cruz Wants Capitol Hill Vending Machines to Accept Crypto

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This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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