Block.One founder Brendan Blumer lost over $70M on Silvergate

By November 16, EOS and Block.One founder Brendan Blumer had spent over $90 million to buy 9.27% of Silvergate stock. Since then, the crypto-friendly bank has collapsed by over 80% — Blumer has person...

Block.one and CEO Blumer amass 17% stake in Silvergate

Block.one CEO Brendan Blumer has acquired a 9.3% stake in Silvergate with the Nov. 16 purchase of 2.9 million shares of the company’s stock, according to documents filed with the U.S. Securities...