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Tag:
Loan
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Mining
Riot Platforms leverages $1.8 billion Bitcoin trove for $100 million Coinbase loan
by shayaanby shayaanBitcoin miner Riot Platforms has entered into a $100 million credit agreement with Coinbase, using its BTC holdings as collateral. According to …
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Canadian Bitcoin mining company Bitfarms secured up to $300 million in private debt from Australian multinational investment firm Macquarie to fund its …
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Markets
Ether's Freefall Below $1.9K Roils DeFi, Jeopardizes Crypto Loan Backed by $130M in ETH
by shayaanby shayaanEthereum’s ETH has been spiraling on Monday, jeopardizing a large decentralized finance (DeFi) loan on lending platform Sky (formerly Maker) of being …
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Scams
El Salvador Rushes to Approve Bitcoin Law Amendment to Comply With IMF Loan Terms
by shayaanby shayaanEl Salvador has voted to scale back its radically pro-Bitcoin legislation after agreeing to a deal with the International Monetary Fund (IMF) …
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Finance
Newmarket Capital Launches Battery Finance, Bitcoin-Collateralized Loan Strategy
by shayaanby shayaanNewmarket Capital recently closed the first investment deal for its new Battery Finance loan strategy, which enables borrowers to incorporate bitcoin into …
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Leading decentralized finance (DeFi) protocol Aave has achieved a remarkable milestone, hitting $10 billion in active loans. It marks a 300% rise …
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Smart Contracts
Trading Bot Uses $200M Flash Loan To Conduct Deals, Ends Up With Paltry $3 Profit
by shayaanby shayaanAn automated trading bot recently performed a complex series of transactions on the Ethereum ETH/USD blockchain. According to The Block, the transactions involved …