2023-1-31 16:33 |
The crypto-friendly bank wrote off $47.9 million in loans, primarily mining rig-collateralized debt. origin »
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BankProv will no longer provide loans secured by cryptocurrency mining rigs after writing off $47.9 million in loans. Mining rigs that secured loans have been forced to sell equipment during thThe post Crypto-friendly bank ends loans backed by mining rigs: Details inside appeared first on AMBCrypto.
2023-2-1 16:30 | |
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Loans taken out by crypto mining companies against mining ASICs are under pressure as ASICs drop in value, making the loans challenging to repay and posing significant risks to lenders. The post ASIC-Backed Loans Worth $4B in Jeopardy as Prices Tank appeared first on BeInCrypto.
2022-6-26 12:00 | |
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Loans to the tune of $4 billion, that are backed by crypto mining equipment, are facing potential default risk as per a report by Bloomberg released Friday. The post Crypto Miners Pose Risk to Lenders as ‘Crypto Winter’ Continues to Strain Business appeared first on BeInCrypto.
2022-6-26 14:30 | |
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COINRABBIT LOANS The Cryptocurrency world is more than just trading. It’s a whole ecosystem. In it, there’s something for everyone. The various arms of this ecosystem include lending and borrowing, staking, mining, Non-Fungible Tokens(NFT), launch pads, etc.
2022-6-22 18:17 | |
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COINRABBIT LOANS The Cryptocurrency world is more than just trading. It’s a whole ecosystem. In it, there’s something for everyone. The various arms of this ecosystem include lending and borrowing, staking, mining, Non-Fungible Tokens(NFT), launch pads, etc.
2022-4-15 00:33 | |
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COINRABBIT LOANS The Cryptocurrency world is more than just trading. It’s a whole ecosystem. In it, there’s something for everyone. The various arms of this ecosystem include lending and borrowing, staking, mining, Non-Fungible Tokens(NFT), launch pads, etc.
2021-11-10 17:31 | |
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Babel Finance is now making life easier for bitcoin (BTC) miners and other crypto market participants. The Hong Kong-based firm is now accepting mining machines from bitcoin miners as collateral for USD loans, according to reports on January 12, 2021.
2021-1-13 02:00 | |
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The blockchain-powered advertising technology platform, AdEx Network has announced a major update that marks its foray into the DeFi space. It involves the deployment of an updated ADX token contract on the Ethereum network to enable token staking and security mining, along with availability of built-in flash loans.
2020-8-6 08:26 | |
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Reports confirm that the U.S based institutional-grade crypto lender, BlockFi, will be extending credit to Pooling, the second largest Bitcoin mining pool. The latest move sets the mining pool on extending its crypto lending services to miners since launching Blockin, a Singapore-registered wallet entity, which offers loans to miners. Since the halving, the hash rate […]
2020-6-3 18:45 | |
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The Chinese government has continued its increasingly more-regulatory environment by suggesting new restrictions in online lending. The China Banking and Insurance Regulatory Commission has sought public opinion on banks’ internet loans.
2020-5-11 05:29 | |
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Coinspeaker Global PoS Network for Pawn Shop`s Loans Backed by Real Gold Launched the Beta TestingA full beta testing of PoS mining in the MINT blockchain network is ready to launch. GoldMint CEO, Dmitry Pluschevskiy discloses the project's details and future plans.
2019-6-4 08:00 | |
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Reports indicate that Galaxy Digital is looking to raise $250 million to fund loans to cryptocurrency companies. Cryptocurrency Bank Set for Fundraising Round According to Business Insider, the cryptocurrency bank wants to offer cryptocurrency-collateralized US dollar loans to companies operating in the industry.
2019-1-28 15:00 | |
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Bitcoin bull Mike Novogratz’s crypto merchant bank Galaxy Digital is raising at least $250 million to offer loans in USD to crypto firms looking for cash, reported Business Insider on Jan. 25. According to people familiar with the matter, borrowers will get loans by using cryptocurrencies, buildings, and even cryptocurrency mining hardware as collateral.
2019-1-25 16:49 | |
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With Ethereum’s launch in 2015 came a flurry of excitement over the future potential of smart contracts. Utilizing a more flexible scripting language than Bitcoin, the platform’s decentralized applications (DApps) were touted by proponents as unlocking a plethora of formerly untapped use cases for the blockchain.
2018-10-30 21:45 | |
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Today, cryptocurrency mining operators could benefit from taking out loans while using their mined coins as collateral to cover their expenses and persevere during the current bear market. Miners Can’t Hodl…or Can They? Large-scale miners have enormous fixed costs, which they must pay regardless of the price their mined coins are currently worth.
2018-9-11 22:00 | |
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Key takeaway Dogizen is the first Telegram ICO, raising nearly $4m in its presale so far. The project is a direct competition to Catizen, the popular cat-themed game on Telegram. What is Dogizen? Dogizen is an exciting project that prides itself as the first Telegram ICO.
Coinbase expands its advisory council with Trumps 2024 strategist and former NY Fed president, strengthening its regulatory strategy. The post Coinbase taps Trump’s 2024 strategist and former NY Fed president for its advisory council appeared first on Crypto Briefing.
Trump Media launches Truth.Fi, planning a $250M investment in fintech, ETFs, and Bitcoin as it expands into financial services. The post Trump Media launches new fintech platform Truth.Fi, allocating $250M to Bitcoin and ETFs appeared first on Crypto Briefing.
a16z refocuses on US crypto opportunities post-Trump's re-election, scaling back UK operations amid pro-crypto executive orders. The post a16z cuts UK crypto plans as it shifts focus to Trump-era US opportunities appeared first on Crypto Briefing.
MEXC, the world’s leading cryptocurrency trading platform, announced the launch of the Jambo (J), an innovative on-chain mobile network project. The launch will be accompanied by Airdrop+ rewards of 28,000 J, 5,000 MX and 50,000 USDT.
Coinbase reintroduces Bitcoin-backed loans via Morpho integration, allowing USDC borrowing without selling Bitcoin. The post Coinbase brings back Bitcoin-backed loans with Morpho’s DeFi integration appeared first on Crypto Briefing.
eToro's IPO could enhance its market presence and investor reach, potentially influencing the broader fintech and crypto sectors' growth. The post eToro confidentially files for US IPO with Goldman Sachs’ support appeared first on Crypto Briefing.