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 takeaways The iDEGEN team has raised nearly $10 million in its presale. The pre-market auction will end three days before $IDGN is listed on exchanges. What is iDEGEN? The cryptocurrency market experienced a boom in 2024, with several new projects hitting the market.
MicroStrategy's stock issuance expansion could significantly impact its Bitcoin acquisition strategy, potentially altering market dynamics. The post MicroStrategy shareholders will vote on proposals to boost stock issuance for Bitcoin strategy appeared first on Crypto Briefing.
MoonPay plans a $150M acquisition of Helio Pay, enhancing merchant services with solutions like Solana Pay and expanding its infrastructure. The post MoonPay to acquire Helio Pay for $150 million in its largest deal yet appeared first on Crypto Briefing.
Binance Labs' investment in Usual could accelerate DeFi innovation, potentially reshaping the stablecoin market with enhanced community focus. The post USUAL token jumps 15% as Binance Labs invests in the project appeared first on Crypto Briefing.
Rumble partners with Tether in a $775M deal, sparking speculation on future crypto payment integrations. The post Rumble secures $775 million investment from Tether appeared first on Crypto Briefing.
Semler Scientific hits trading milestone amid Bitcoin investment success, with holdings now valued at $222M and options trading approved. The post Semler Scientific hits options trading milestone with Bitcoin holdings at $222M appeared first on Crypto Briefing.
Ripple announces the launch of its RLUSD stablecoin on Tuesday, December 17, 2024, as XRP token rises 8% following the news. The post Ripple’s RLUSD stablecoin set to launch tomorrow as XRP token jumps 8% appeared first on Crypto Briefing.