? Want to work with us? CryptoSlate is hiring for a handful of positions! Voyager Digital Limited has issued a default notice to Three Arrows Capital (3AC) for failure to pay its loan obligations. Acc...
Tag: loan
Voyager Digital Seeks Repayment Loan Worth Over $650 Million From Three Arrows Capital – crypto.news
Cryptocurrency Broker Voyager Digital Holdings recently revealed that its exposure to struggling crypto hedge fund Three Arrows Capital (3AC) is valued at over $650 million in bitcoin (BTC) and USDC. ...
Voyager enters into $500M loan agreement with Alameda amid 3AC exposure
Trading platform Voyager Digital takes a loan from trading firm Alameda Research because of its exposure to crypto venture capital firm Three Arrows Capital (3AC). In a press release by Voyager Digit...
How a Solend Whale With a $108M Loan Nearly Crashed the Solana Network
Solend, a decentralized lending protocol on the Solana network, has narrowly avoided having 95% of the SOL deposits in its lending pool liquidated. At the center of the controversy is a large account ...
Voyager Digital Shares Slump 60% After Announcing Possible 3AC Loan Default
Crypto broker Voyager Digital experienced a 60% slump in share price on Wednesday after announcing that beleaguered crypto hedge fund Three Arrows Capital may default on a $650 million loan. Canada-ba...
Bitfarms gives up 3,000 BTC to pay down $100 million loan from Galaxy Digital
Bitcoin miner Bitfarms paid down a $100 million bitcoin-backed loan with the sale of 3,000 BTC in the last week while securing an additional $37 million facility collateralized by mining machines. The...
Voyager Digital Threatens 3AC With Default Notice Over $661 Mln Loan
Crypto broker Voyager Digital said on Wednesday that it may have to issue a default notice to embattled hedge fund Three Arrows Capital (3AC) over its debt obligations. Voyager said its current exposu...
Voyager secures $200M, 15K BTC loan from Alameda Research to safeguard against 3AC default
? Want to work with us? CryptoSlate is hiring for a handful of positions! According to the company’s announcement, the credit facility will be used to safeguard customer assets in light of current mar...
Voyager Digital considering ‘default notice’ to 3AC over loan
Voyager Digital, one of the crypto brokers in the market that extended loan facilities to Three Arrows Capital (3AC), says it might be forced to issue “a notice of default” to the embattled crypto hed...
Crypto Lender BlockFi Has Secured $250M Loan from FTX
With the impacts of the ongoing cryptocurrency market meltdown biting most crypto lenders very hard, outfits like BlockFi have sought out a solution from FTX Derivatives Exchange. As announced by Bloc...
The loan from FTX to BlockFi
In a Twitter post, the CEO of the decentralized finance money lending platform, BlockFi, Zac Prince, announced, somewhat surprisingly, that his company had secured a $250 million line of credit from c...
I Got Public Service Loan Forgiveness, Now What?
courtesy of Getty Creative. getty The past few months have brought some pretty eye-catching trends and headlines where our collective finances are concerned. These days, you can’t go far without bumpi...
Revlon’s Bankruptcy Proceedings Complicated By Citi’s $900M Loan Repayment Error: FT
American City Business Journals Revlon shares climb as buyout rumors follow bankruptcy filing A report that an Indian multinational conglomerate is considering buying Revlon Inc. out of bankruptcy dro...
BlockFi Secures $250M Revolving Loan From FTX
Key Takeaways BlockFi has secured a $250 million credit facility from crypto exchange FTX. BlockFi CEO Zac Prince said that the agreement would “unlock future collaboration and innovation between Bloc...
Premier League Loan Rules Help Drive Promoted Teams’ Spending Sprees
James Garner, Brennan Johnson, Keinan Davis and Djed Spence of Nottingham Forest celebrate winning … [+] the Sky Bet Championship Play-Off Final match against Huddersfield Town at Wembley Stadiu...
Bitfarms Sells 1500 BTC Goes for New Loan to Boost Liquidity
Bitfarms Ltd, a global Bitcoin self-mining company headquartered in Canada, announced on Friday that it entered into an equipment financing agreement to stabilize its financials amid the plunge in cry...
DeFi Protocol Inverse Finance Exploited, $1.2 Million Stolen in Flash Loan Attack – crypto.news
Ethereum-based open-source protocol Inverse Finance suffered another hack which led to the loss of over $1.2 million worth of cryptocurrencies. The exploit is the platform’s second attack in two month...
Inverse Finance exploited again for $1.2M in flash loan oracle attack
Just two months after losing $15.6 million in a price oracle manipulation exploit, Inverse Finance has again been hit with a flash loan exploit that saw the attackers make off with $1.26 million in Te...
Inverse Finance drained for $1.2 million in a flash loan attack
A decentralized finance (DeFi) protocol called Inverse Finance suffered a flash loan exploit on Thursday, with the hacker making off with about $1.2 million. Notably, this comes after Inverse Finance ...
Michael Saylor Clarifies MicroStrategy Bitcoin Loan Margin Call Concerns
MicroStrategy CEO Michael Saylor has clarified that the company’s strategy allows it to hold bitcoin (BTC) through volatile times, easing market concerns the firm was facing a margin call on its bitco...
MicroStrategy denies receiving a margin call against $205M BTC-backed loan
? Want to work with us? CryptoSlate is hiring for a handful of positions! Business intelligence company MicroStrategy claims it has not received a margin call against the $205 million Bitcoin (BTC)-ba...
No, MicroStrategy Is Not Facing Margin Call on Bitcoin Loan
Alex Dovbnya MicroStrategy CEO Michael Saylor has denied that his company is facing a margin call due to the Bitcoin price rout MicroStrategy CEO Michael Saylor has refuted speculation about his compa...
MicroStrategy May Need to Fund Its Loan as Bitcoin Inches Its Liquidation Price
Arman Shirinyan One of the biggest Bitcoin holders on the market is getting ready to fund its massive position MicroStrategy must now fund its collateral to save its Bitcoin positions as the first cry...
MicroStrategy CEO Saylor Says No Margin Call on Bitcoin Loan
(Bloomberg) — MicroStrategy Inc. Chief Executive Michael Saylor told investors not to worry about a potential margin call on a Bitcoin-backed loan, saying the company has ample collateral to ple...
Nexo Extends Offer to Purchase Celsius Collateralized Loan
Only time will tell whether this offer to help will be accepted as it expires on the 20th of June. Cryptocurrency lender Nexo AG has extended an offer to lend a hand of help to Celcius, one of its top...
Nexo Circles Celsius for Potential Loan Asset Buyout
Key Takeaways Crypto lender Nexo has offered to buy Celsisus’ qualifying assets as the rival deals with what appears to be a severe liquidity crisis. The offer, valid until Jun. 20, proposes buy...
Rising loan rates, gas prices ‘a real problem for auto demand’: Analyst
On Friday, new inflation data revealed that it’s still getting more expensive for Americans to buy cars, with prices of new and used vehicles spiking 12.6% and 16.1%, respectively, in the past y...
Student Loan Forgiveness Could Be The Biggest Mistake Of Biden’s Presidency
President Joe Biden (Photo by Chip Somodevilla/Getty Images) Getty Images Student loan forgiveness could be the biggest mistake of Biden’s presidency. Here’s what you need to know — and what it means ...
Attacker Bags 20 Million Optimism (OP) Tokens Meant for Wintermute Loan – crypto.news
Ethereum-scaling Layer-2 solution Optimism recently announced that some 20 million OP governance tokens were stolen by an attacker who interfered in a token recovery process involving Wintermute. Atta...
A Look Inside MicroStrategy’s $2.4 Billion Loan Used To Buy Bitcoin
Software firm MicroStrategy has cemented its position as a major Bitcoin player with its numerous large purchases. The company which is valued at $1 billion had put a significant portion of its own fu...
Here’s When Biden Could Announce Student Loan Forgiveness
President Joe Biden (Photo by Anna Moneymaker/Getty Images) Getty Images President Joe Biden may not decide whether to forgive student loans until July or August. Here’s what you need to know — and wh...
Why Student Loan Forgiveness Has Been Delayed — 5 Takeaways
President Joe Biden (Photo by Kevin Dietsch/Getty Images) Getty Images Here’s why student loan forgiveness has been delayed. Here’s what you need to know — and what it means for your student loans. St...