Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain
Core Scientific, Bitfarms and Genesis Digital Assets are among miners that have direct and indirect exposures to the fallout.
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Dec 2, 2022 at 4:36 p.m. UTC
Dec 2, 2022
Debt
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Crypto Financial Services Firm Eqonex Files for Voluntary Debt Restructuring in Singapore
The company said it has been in talks with existing lender Bifinity and other potential investors to raise capital, but has not been successful.
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Nov 22, 2022 at 10:05 a.m. UTC
Nov 22, 2022
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Bitcoin Mining Firm TeraWulf Raised $17M of Capital in Q3, But Cash Reserves Remain Low
The mining firm has a liquidity position of $4.5 million and outstanding loan principal of $138.5 million.
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Nov 14, 2022 at 10:56 p.m. UTC
Nov 14, 2022
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Bitcoin Miner Bitfarms Pays Down $27M of Debt
The miner is trying to improve its liquidity during the crypto market downturn.
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Nov 14, 2022 at 5:52 p.m. UTC
Nov 14, 2022
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Bitcoin Miner Iris Energy Faces Default Claim on $103M of Equipment Loans
The company has said it will default on the debt Tuesday unless it can reach a restructuring agreement with its lender.
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Nov 7, 2022 at 4:54 p.m. UTC
Nov 7, 2022
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Bondholders of Troubled Bitcoin Miner Core Scientific Said to Be Working With Lawyers: Report
The company last week warned it may have to explore bankruptcy as its financial condition worsens.
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Nov 1, 2022 at 3:58 p.m. UTC
Nov 1, 2022
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DeFi Debt Marketplace Credix to Open a $150M Stablecoin Credit Pool to Digital Lender Clave
Clave will use the pool to originate loans to Latin American businesses and consumers.
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Nov 1, 2022 at 3:28 p.m. UTC
Nov 1, 2022
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Crypto Exchange Bybit Spends $3.8M on Bithumb Shareholder T-Scientific's Convertible Debt
The Dubai-based exchange said it sees the investment as a means to expand into the Korean market.
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Oct 24, 2022 at 4:06 p.m. UTC
Oct 24, 2022
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Bitcoin Miner Stronghold Digital Bolsters Balance Sheet by Cutting Costs, Slashing Debt by More Than 60%
Stronghold won't have to pay up to $25 million of profit share to Northern Data, after ending bitcoin mining rig hosting deal.
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Oct 14, 2022 at 11:02 a.m. UTC
Oct 14, 2022
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What Credit Suisse and Three Arrows Capital Have in Common
One of the world’s most embarrassingly bad banks is tanking – and some of its biggest missteps will look all too familiar to crypto financiers.
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Oct 12, 2022 at 4:05 p.m. UTC
Oct 12, 2022