Bitcoin Miner Bitfarms Warns of Default, Looks to Amend BlockFi Loan
The outstanding $20 million loan is secured by only $5 million in assets.
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Jan 13, 2023 at 1:17 p.m. UTC
Jan 13, 2023
Loans
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BlackRock Gives Bankrupt Bitcoin Miner Core Scientific New $17M Loan
BlackRock, which already was Core's largest shareholder, previously held $37.9 million of the miner's secured convertible notes.
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Dec 30, 2022 at 7:25 p.m. UTC
Dec 30, 2022
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Bitcoin Miner Core Scientific's Lender Wants to Give Miner $72M to Avoid Bankruptcy
Investment bank B Riley said most of the struggling miner's issues are "self-imposed and can be corrected."
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Dec 14, 2022 at 8:37 p.m. UTC
Dec 14, 2022
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Crypto Trader Auros Global Misses Payment on DeFi Loan as FTX Contagion Spreads
The company missed payment on a 2,400 wrapped ether loan worth $3 million from a M11 Credit pool on Maple Finance.
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Nov 30, 2022 at 5:37 p.m. UTC
Nov 30, 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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Crypto Update | The Labor Report Wasn't Bad Enough to Make Markets Rally
With bitcoin clinging to the $20K mark following the latest official statistics on the US job market, plus a look at how some people are taking out loans against their crypto, CoinDesk’s “Markets Daily” is back with the latest news roundup.
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Oct 7, 2022 at 4:49 p.m. UTC
Oct 7, 2022
Crypto Update | Markets Hopeful as UK Central Bank Turns Easy Money Back On
With bitcoin rising above $20K as risky assets climb on hopes central banks will pivot away from money-tightening policies, plus a look at the irony of student loan debt and NFTs, CoinDesk’s “Markets Daily” is back with the latest news roundup.
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Oct 4, 2022 at 3:21 p.m. UTC
Oct 4, 2022
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Latinoamericanos acuden a créditos cripto en medio de una alta inflación y tasas de interés exorbitantes
El sistema bancario tradicional y la inestabilidad económica dificultan la obtención de créditos en América Latina, pero los préstamos cripto están prosperando en toda la región.
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Sep 29, 2022 at 6:42 p.m. UTC
Sep 29, 2022
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Bank Run at NFT Lender BendDAO Prompts Attempt to Avert Another Liquidity Crisis
Faulty auction mechanics highlighted the downside of letting people borrow money against their Bored Apes.
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Aug 22, 2022 at 9:55 p.m. UTC
Aug 22, 2022
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Marathon Doubles Loan Borrowing Capacity to $200M as Mining Rigs Sit Idle
The firm doubled its credit from Silvergate Bank even as Marathon's operations are facing severe downtime and delays.
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Aug 2, 2022 at 2:37 a.m. UTC
Aug 2, 2022