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News Stories (18 Results) - cryptocurrency

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... Read Story
January 20, 2023, 07:52 AM


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... Read Story
December 21, 2022, 07:46 AM


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... Read Story
December 16, 2022, 08:00 AM


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... Read Story
December 06, 2022, 08:00 AM


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... Read Story
November 29, 2022, 08:01 AM


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.... Read Story
August 29, 2022, 07:00 AM


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... Read Story
August 03, 2022, 07:09 AM


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... Read Story
June 22, 2022, 08:02 AM


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... Read Story
May 02, 2022, 06:00 AM


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... Read Story
February 25, 2022, 07:22 AM


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... Read Story
January 03, 2022, 08:00 AM


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... Read Story
November 24, 2021, 07:30 AM


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... Read Story
November 22, 2021, 08:02 AM


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... Read Story
November 19, 2021, 07:55 AM


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... Read Story
October 05, 2021, 08:15 AM


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... Read Story
August 04, 2021, 07:37 AM


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... Read Story
June 10, 2021, 07:40 AM


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... Read Story
February 18, 2021, 07:50 AM