Silvergate Capital Corp. was the first US bank to collapse, done in by its exposure to the crypto industry’s meltdown. With Silvergate’s obituary mostly written, investors and depositors in SVB Financial Group’s Silicon Valley Bank were already on edge when the company on March 8 announced a plan to sell $2.25 billion of shares. Signature Bank became the third-largest bank failure in US history on March 12, following a surge in customer withdrawals that totaled about 20% of the company’s deposits.