Tag: loans

Jun 22 2022

BlockFi And Voyager Get Bailed Out By FTX

As contagion spreads, FTX loans out hundreds of millions to two of the largest yield-generating shops in the space. What does this mean for BlockFi and Voyager?...

Jun 13 2022

Celsius Halts Bitcoin Withdrawals: What Went Wrong?

A deep look into Celsius network's design and the events of recent weeks with its yield-generating strategies that culminated in a halt of bitcoin withdrawals....

Jan 05 2022

Hut 8 Ends 2021 With 5,518 BTC In Reserve, Secures $30M Loan

Jan 05 2022 Published at Bitcoin Magazine under tags  bitcoin miner btc business hut 8 loans

The bitcoin miner added 276 BTC to its holdings in December after mining 8.9 BTC per day that month.Hut 8 mined 276 BTC in December, up from 265 in the previous month.The miner deposited all bitcoin mined into custody, as per its “hodl” strategy.Hut 8 now holds 5,518 BTC in reserve, a 97% increase from December 2020.Hut 8, a...

Oct 27 2021

The Roadmap For Banks Adopting Bitcoin

U.S. banking regulators are exploring how traditional banks can hold bitcoin for various purposes.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now...

Jul 27 2021

Crusoe Energy Seeking Loan To Expand Bitcoin Mining Operations

Crusoe, a data center company dedicated to mitigating gas flaring, is reportedly seeking a loan to expand its bitcoin mining operations.Datacenter firm Crusoe Energy Systems is sounding investor interest for a loan to expand its bitcoin mining business, Bloomberg...

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