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OMG Network
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ICON
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MOBOX
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SuperRare
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Storj
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Livepeer
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Secret
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SafePal
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DigiByte
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Nervos Network
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Keep Network
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Band Protocol
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Ren
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Civic
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Joe
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Alchemy Pay
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Injective Protocol
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Nano
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Request
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Syscoin
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Aragon
$2.13
+1.26%
Mirror Protocol
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Index Chain
$0.082020
-9.55%
NKN
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Polkastarter
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Verge
$0.003704
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Enzyme
$27.20
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district0x
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-1.02%
Alpaca Finance
$0.270914
-4.02%
Kyber Network
$1.52
-4.29%
Smooth Love Potion
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Harvest Finance
$53.71
-4.74%
Quantstamp
$0.018767
-6.01%
SingularDTV
$0.000402
0.00%
Tether
$1.00
+0.03%
USD Coin
$1.00
+0.03%
Dai
$1.00
+0.05%
Crypto Prices
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debt
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Bitcoin mining
Marathon Doubles Loan Borrowing Capacity to $200M as Mining Rigs Sit Idle
The firm doubled its credit from Silvergate Bank even as Marathon's operations are facing severe downtime and delays.
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The "significant" downsizing will lower costs by about 50-60%, CoinFLEX said.
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The beleaguered duo discussed how one of the most successful crypto funds went from being a prominent trading desk to owing creditors $2.8 billion.
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CoinFLEX Restarts Withdrawals With 10% Limit
Customers still won't be able to withdraw the platform's native token, though.
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Michael Bellusci
Sponsored
Jul 14, 2022 at 12:41 p.m. UTC
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CoinFLEX Begins Arbitration to Recover $84M in Delinquent Debt
The trading platform also said it was speaking with depositors looking to help the business by “rolling some of their deposits into equity.”
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Jul 11, 2022 at 12:13 p.m. UTC
Jul 11, 2022
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Argo Blockchain Hires Derivatives Trader to Navigate Market Rout, Sells BTC to Reduce Loan
The miner saw gains in bitcoin production in June, but its profit margin narrowed.
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Jul 7, 2022 at 9:10 a.m. UTC
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Core Scientific Sold Over 7K Bitcoins for About $167M in June, Sees More Sales
The crypto company plans to cash in on more self-mined bitcoins to cover expenses, growth and debt payments.
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Jul 5, 2022 at 2:21 p.m. UTC
Jul 5, 2022
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Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market
Private and publicly listed crypto miners owe up to $4 billion in debt used to finance the construction of gargantuan facilities across North America, according to industry participants and data compiled by CoinDesk.
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Eliza Gkritsi
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Jun 30, 2022 at 4:48 p.m. UTC
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