Generative Data Intelligence

Tag: credit facility

Ex BlockFi CEO Discusses Loans to Alameda in SBF Trial

Zac Prince – former CEO of collapsed crypto lending firm BlockFi – took the stand during Sam Bankman-Fried’s trial in New York City...

Why Did Most Crypto Interest Accounts Fail in 2022?

A Timeline of How and Why Most Crypto Interest Failed in 2022 Final Thoughts: Why Did Crypto Interest Accounts Fail? ...

Cryptocurrency Regulation Escalates: Australia Targets Kraken Crypto Exchange – CryptoMode – CryptoInfoNet

Australia is not behind in increasing regulatory scrutiny on cryptocurrency activities globally. Recently, the Kraken crypto exchange has been in the Australian Securities and...

Bit Trade, the Kraken subsidiary operating in Australia, sued by the ASIC

Bit Trade allegedly neglected to establish a target market determination before offering its margin trading product...

Lighter Capital Raises $130 Million for Revenue-Based Financing – Finovate

Lighter Capital raised a $130 million credit facility. The company will use the facility to continue funding early-stage companies. Lighter Capital recently surpassed...

Crypto Lending Platform Maple Finance $5M Funding for Asia Expansion – Decrypt

Led by Tioga Capital and Blocktower Capital, Maple Finance has just announced a fresh $5 million fundraise.GSR Ventures, Cherry Ventures, Veris Ventures, and The...

Bankrupt BlockFi Gets Court’s Backing, Enables Withdrawal for US Customers

BlockFi, the cryptocurrency lending firm that declared bankruptcy in November last year, has secured the bankruptcy court’s approval to permit its users to withdraw their digital assets....

Agora Data Services Lands $160 Million for Used Car Financing – Finovate

Agora Data has landed $160 million in privately placed term financing. The investment marks Agora Data’s fourth privately placed term financing round. While...

Hut 8 Reports Decline in Q2 Revenue

The Canadian-based Bitcoin mining firm Hut 8 has released its financial results for the second quarter of 2023, revealing a decline in revenue and low mining...

Bitcoin Halving: Boom or Bust for Miners?

In a recent report by David Pan for Bloomberg News, the upcoming “Halving” event for Bitcoin, a significant occurrence that happens every four years,...

Riot Platforms Buys 33,280 Mining Gears for Whopping $162.9M

The purchase of the mining rigs is well ahead of Bitcoin’s next halving cycle. Unfortunately, the equipment isn’t scheduled to arrive until December. One...

Coinbase Offers $50M Credit Facility to Crypto Miner Hut 8

Hut 8 announced entering into a $50 million credit facility with Coinbase Credit as the lender. In a statement, the North American crypto...

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