Wise Lending drained of $440K worth of crypto in apparent flash loan exploit

Wise Lending drained of $440K worth of crypto in apparent flash loan exploit

Web3 lending app and yield aggregator Wise Lending was drained of 170 Ether (ETH), worth $440,000 at current prices, in an apparent exploit on Jan. 12, according to multiple security experts. The... Read more »
Bitcoin, Crypto Mining: Sygnum’s Hashrate Backed Loan Accelerates Green Digital Currency Mining

Bitcoin, Crypto Mining: Sygnum’s Hashrate Backed Loan Accelerates Green Digital Currency Mining

Sygnum and SATO Technologies are renewing this innovative green financing solution to grow the global ecosystem of carbon-neutral crypto miners. Sygnum provides cash loans “to green crypto miners who pledge a pre-defined... Read more »
Bitcoin miner Core Scientific approved for $37.5 mln bankruptcy loan

Bitcoin miner Core Scientific approved for $37.5 mln bankruptcy loan

(Reuters) – U.S. bitcoin miner Core Scientific acquired court docket approval on Thursday to fund its Chapter 11 case with a $37.5 million loan from a gaggle of current collectors. U.S. Bankruptcy... Read more »
Instant app-based loan case: Nine crypto exchanges under ED scanner

Instant app-based loan case: Nine crypto exchanges under ED scanner

At least 9 cryptocurrency excha­nges are under the Enforcement Directorate (ED) scanner for allegedly helping China-backed fintech companies in salting away their earnings overseas. TO READ THE FULL STORY, SUBSCRIBE NOW NOW... Read more »
First Syndicated Loan for Alameda Research Surpasses USD 100M

First Syndicated Loan for Alameda Research Surpasses USD 100M

Source: AdobeStock / indysystem   Maple Finance, an institutional capital market centered on crypto, has issued its first syndicated mortgage in extra of USD 100m to Alameda Research, a quantitative buying and... Read more »

First Machine-Backed $1M Loan in DeFi Transacted Through the Pragmafy Platform

STUTTGART, GERMANY / ACCESSWIRE / January 13, 2022 / The Pragmafy Association, based by the German blockchain agency Tokenfabrik ( www.tokenfabrik.de ), introduced the first profitable asset-based financing transaction, a $1m collateralized... Read more »

Argo Blockchain secures $25M Bitcoin-backed loan from Galaxy Digital

Argo Blockchain has secured one other loan settlement from Galaxy Digital LP with the mining agency’s Bitcoin (BTC) as collateral. According to an announcement by the London Stock Exchange on Friday, the... Read more »

Argo Blockchain Takes $25 Mln Bitcoin-Backed Loan to Fund Expansion

By Jaime Llinares Taboada Argo Blockchain PLC stated Friday that it has taken a $25 million Bitcoin-backed mortgage from Galaxy Digital LP. The cryptocurrency miner, which already has an excellent $20 million... Read more »

Galaxy Digital Provides Argo Blockchain $20M Bitcoin-Backed Loan To Expand Crypto Mining Facility In Texas

What Happened: U.Ok.-based Bitcoin mining firm Argo Blockchain PLC (LON: ARB) announced on Tuesday that they had acquired a $20 million mortgage from Galaxy Digital Holdings Ltd (OTC:BRPHF) to construct out its Bitcoin mining... Read more »

Argo Blockchain takes $20 million loan to build out Texas facility

U.Okay.-based bitcoin mining agency Argo Blockchain has taken a $20 million loan to build out its facility in Texas, U.S. The loan is from crypto monetary providers agency Galaxy Digital and is... Read more »