DMG Blockchain Solutions, a vertically integrated blockchain and cryptocurrency technology company, established a relationship with Sygnum Bank, a Swiss bank specialized in servicing crypto-native companies, as a strategic banking partner providing...
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February 19, 2024, 07:41 AM
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Celsius Network has successfully emerged from bankruptcy by completing the transactions under its confirmed plan of reorganization (the “Plan”). The Plan was overwhelmingly approved by approximately 98% of the Company’s account holders and confirmed...
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February 02, 2024, 07:50 AM
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Chicago Atlantic funded a $16 million senior secured term loan to Margo, a cryptocurrency ATM operator that provides a secure and convenient way to instantly turn cash into digital currency.Chicago Atlantic’s capital investment will help support...
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December 27, 2023, 07:12 AM
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Prime Trust, LLC and certain of its affiliates filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.The Chapter 11 filing follows the permanent appointment of...
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August 15, 2023, 07:45 AM
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FTX Trading Ltd. (d.b.a. FTX.com), and its affiliated debtors, announced the filing of its initial Plan of Reorganization and related Term Sheet with the U.S. Bankruptcy Court. John J. Ray III, Chief Executive Officer and Chief Restructuring Officer...
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August 01, 2023, 07:54 AM
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Hut 8 Mining Corp., one of North America's largest, innovation-focused digital asset mining pioneers, and high performance computing infrastructure provider, announced that, together with its subsidiary, Hut 8 Holdings Inc. (the "Borrower"), it has...
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June 27, 2023, 07:55 AM
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Genesis Global Holdco, LLC (“Genesis” “GGH” or the “company”), an industry pioneer and digital currency prime brokerage, announced strategic actions to achieve a global resolution to maximize value for all clients and stakeholders and strengthen its...
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January 20, 2023, 07:52 AM
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Core Scientific, a leader in high-performance blockchain computing data centers announced that, after a comprehensive review of potential alternatives and exhaustive discussions with various Company stakeholders, the Company expects to enter into a...
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December 21, 2022, 07:46 AM
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B. Riley Financial, one of the largest creditors of Core Scientific, Inc, issued an open letter to Core Scientific shareholders and lenders.In light of Core Scientific's strategic alternatives process with respect to its capital structure, B. Riley...
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December 16, 2022, 08:00 AM
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Commercial chapter 11 filings increased 74 percent to 345 in November 2022 from the 198 filings recorded in November 2021, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data.The November 2022 commercial...
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December 06, 2022, 08:00 AM
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BlockFi Inc. and eight of its affiliates (“BlockFi” or “the Company”) commenced voluntary cases under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey (“the Court”) to stabilize its business...
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November 29, 2022, 08:01 AM
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Dechert LLP advised Huntingdon Valley Bank (HVB) in connection with a master participation arrangement to sell participations in commercial loans to the MakerDAO PROTOCOL, believed to be the first commercial loan participation between a U.S....
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August 29, 2022, 07:00 AM
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Marathon Digital Holdings, a leader in supporting and securing the Bitcoin ecosystem, expanded its credit facilities with Silvergate Bank, the leading provider of innovative financial infrastructure solutions to the digital currency industry, by...
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August 03, 2022, 07:09 AM
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BlockFi, a global crypto financial services company, signed a term sheet with FTX to secure a USD$250 million revolving line of credit providing BlockFi with access to further capital. The proceeds of the credit facility are intended to be...
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June 22, 2022, 08:02 AM
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Yieldstreet launched the Enhanced Crypto Fund which offers crypto investors an easier way to modernize their portfolio to include crypto and blockchain assets.“Yieldstreet is all about access that gives you the potential to help build a more stable...
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May 02, 2022, 06:00 AM
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Bitfarms, a global Bitcoin self-mining company, entered into a $32 million equipment financing agreement.“This equipment financing agreement provides another source of non-dilutive capital, enabling us to finance equipment from our established mining...
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February 25, 2022, 07:22 AM
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Bitfarms Ltd., a global Bitcoin self-mining company, secured a $100 million credit facility with Galaxy Digital LLC backed by Bitcoin (BTC).“Bitcoin mining is a highly capital-intensive industry. We seek to strike a balance between maximizing...
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January 03, 2022, 08:00 AM
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B. Riley Securities will host a Crypto Conference in New York, NY on Wednesday, December 8, 2021.Andy Moore, CEO of B. Riley Securities, commented: “Our Live Crypto Conference delivers the ultimate forum for our institutional partners to glean...
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November 24, 2021, 07:30 AM
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GRIID Infrastructure, a vertically-integrated bitcoin self-miner, secured a $525 million credit facility from Blockchain.com, one of the world's oldest and most trusted cryptocurrency platforms with over $5 billion in loan originations. GRIID...
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November 22, 2021, 08:02 AM
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Digital Currency Group (DCG) completed a debt capital raise providing a credit facility up to $600 million. Eldridge led and served as administrative agent of the credit facility, which includes a syndicate of institutional lenders and funds managed...
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November 19, 2021, 07:55 AM
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Marathon Digital Holdings, a Bitcoin self-mining companies in North America, announced a new $100 million revolving line of credit with Silvergate Bank, a leading provider of innovative financial infrastructure solutions and services for the growing...
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October 05, 2021, 08:15 AM
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WhiteHawk Capital Partners, a private credit investment manager focused on asset-based financing solutions, entered into an agreement with Stronghold Digital Mining, an environmentally beneficial digital asset miner, to provide a $40 million capital...
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August 04, 2021, 07:37 AM
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Victory Capital Holdings announced that its wholly owned investment adviser, Victory Capital Management Inc., has established exclusive agreements with both Nasdaq and crypto-focused asset manager Hashdex Ltd. (“Hashdex”) in advance of plans to enter...
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June 10, 2021, 07:40 AM
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LQD Business Finance launched development of the world’s first Bitcoin business lending platform. This cutting-edge platform will make LQD Business Finance the first company to use Bitcoin as currency for commercial loans.While Bitcoin can be used as...
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February 18, 2021, 07:50 AM
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