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Tag: credit facility

ChatGPT Browser Extension Hijacks Facebook Business Accounts

A threat actor may have compromised thousands of Facebook accounts — including business accounts — via a sophisticated fake Chrome ChatGPT browser extension which,...

Peter Thiel-Backed Block.one Says it Sold Off Silvergate Stake

Block.one, the Peter Thiel-backed crypto startup that famously raised $4 billion in an ICO for Ethereum competitor EOS, said in a press release Wednesday...

Marathon Digital terminates credit facilities with Silvergate Bank

Bitcoin mining firm Marathon Digital has paid off its term loan and terminated its credit facilities with crypto-friendly Silvergate Bank, just as the bank...

Marathon says it has repaid Silvergate loan, terminated credit facility

Ad Marathon Digital said that it has repaid a term loan and terminated its credit facilities with Silvergate Bank, according to a press release...

3 trends changing the credit card customer experience forever (Arianne Rosmolen)

A new school of challenger brands is beginning to reshape the face of short-term lending. From Buy Now Pay Later (BNPL) to in-the-moment offers and...

Finovate Global Canada: Paytech M&A, Mobile Top-Ups, and New Rules for Crypto Exchanges

Canada Inks New Guidelines for Crypto Exchanges In the wake of the FTX scandal and the so-called “crypto winter,” the Canadian Securities Administration...

Negotiating Your First Warehouse Facility: Trade-offs Across Terms

This article is the second of four installments in our new series, How Fintech Companies Can Simplify Their Funding Strategy. Read part one on...

Core Scientific And NYDIG Agree To Settle $38.6 Million Debt

Core Scientific and NYDIG have reached an agreement to settle the $36.8 million debt owed to NYDIG. The crypto miner will hand 27,403 crypto...

Core Scientific agrees $70 million loan from B. Riley

Core Scientific is seeking emergency relief from the bankruptcy court for it to secure a replacement...

Maple Finance Reveals $100 Million USDC Liquidity Pool

Maple Finance has launched a receivables financing pool with a credit facility of up to $100 million. The pool has been launched in...

BlockFi Financial Records Reveal $1.2B Ties to FTX: Reports

Bankrupt crypto lending firm BlockFi accidentally revealed $1.2 billion exposure to FTX that has been deposited with the exchange and Alameda Research,...

​​BlockFi Mistakenly Reveals Its $1.2B FTX Exposure

The situation at BlockFi could be worse than it appears.What Happened: Bankrupt crypto lender BlockFi mistakenly uploaded unredacted documents, revealing its $1.2 billion exposure...

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