BBC chair and crypto investor Richard Sharp has asked the BBC board to review any possible conflicts of interest in his current role, stemming from claims that he helped to secure former prime ministe...
Tag: loan
The Federal Home Loan Banks System is lending to cryptocurrency
According to a report that was published by The Wall Street Journal on January 21, the Federal Home Loan Banks System (FHLB) of the United States is reportedly lending billions of dollars to two of th...
U.S Federal Home Loan Banks System (FHLB) lent billions to crypto banks amid surge in withdrawals – Cryptopolitan
To protect against the potential rise in withdrawals, The Wall Street Journal reported on Jan. 21 that two of America’s leading crypto banks are receiving billions of dollars from the Federal Home Loa...
Federal Home Loan Banks are bailing out crypto
Listen to this article. The Federal Home Loan Bank (FHLB) system is suddenly finding itself bailing out numerous cryptocurrency-friendly banks, such as Silvergate and Signature. Estimates suggest they...
Midas Capital Suffers $660,000 Flash Loan Attack, Bounty Offered
Midas Capital suffered a $660,000 exploit after an attacker used a flash loan exploit on a Jarvis Polygon pool. The team has released a postmortem explaining what happened. DeFi lending and borrowing ...
Midas capital sees fishy flash loan activity
Blockchain security watch firm Certik Alert has revealed a cynical attack on Midas Capital. The firm added that the exploiter (0x1863…) gained 663,101 MATIC, worth $660,000 at the time of writing. Mi...
Bitfarms seeks to modify loan facility with BlockFi as bear market drags on
Bitcoin (BTC) mining company Bitfarms has unveiled plans to modify an existing loan agreement with BlockFi — a move the company said would reduce its indebtedness amid the bear market. On Jan. 13, Bit...
Nevada lithium mine gets conditional $700M government loan
RENO, Nev. (AP) — The U.S. Department of Energy announced a conditional loan of $700 million Friday to an Australian mining company to pursue a lithium project still facing environmental hurdles in Ne...
Bitfarms to restructure equipment loan facility terms
Bitfarms Ltd, a global organization that mines bitcoin, is lowering the debt of one of its wholly-owned corporate subsidiaries. According to statements made by Jeff Lucas, Chief Financial Officer of B...
Lugano issues a loan on blockchain
As part of its usual capital raising on the financial markets, today the Finance Division of the City of Lugano, in cooperation with Zürcher Kantonalbank, issued a 100 million franc bond with a 6-year...
Bitfarms seeks to avoid BlockFi loan default with renegotiation
Bitfarms is seeking to modify a loan with BlockFi to avoid default as the value of equipment plummets. Last year, Bitfarms’ Backbone Mining Solutions entered into a $32 million equipment financi...
Investment firm Société Générale mints $7 million in stablecoin loan from MakerDAO
Société Générale, a French multinational investment bank and financial services company, minted $7 million as a loan of dai stablecoin from its issuer MakerDAO. Société Générale was approved to ...
Bed Bath & Beyond Begins Talks on Bankruptcy Loan, Takeover
(Bloomberg) — Bed Bath & Beyond Inc. is speaking with potential lenders that would finance the company during bankruptcy proceedings, according to people with knowledge of the matter. Most R...
FTX Loan Washed Out $800M in BlockFi Executives Equity
4 hours ago | 2 mins read Exchange News As per court filings, the FTX loan has swept away $800M in BlockFi executive equity. The filing details the effects of a June FTX loan on 13 BlockFi executives...
CNBC Host Jim Cramer Calls Fed’s Loan To Crypto Bank ‘Dangerous’
Jim Cramer has criticized Federal Home Loan Bank’s decision to bail out Silvergate. Silvergate received $4.3 billion to carry out operations after FTX collapsed. John Reed Stark said “liberty dies” as...
Bitvavo rejects DCG’s partial loan repayment offer
Bitvavo has rejected an offer by Digital Currency Group to pay part of the €280 million ($297 million) owed by its beleaguered crypto lending subsidiary Genesis, the Dutch crypto exchange said on Tues...
Biden’s Quiet Student Loan Cancellation: Income-Driven Repayment Expansion
US President Joe Biden announces student loan relief with Education Secretary Miguel Cardona (R) on … [+] August 24, 2022 in the Roosevelt Room of the White House in Washington, DC. – Bide...
Party City Holds Talks on Potential Bankruptcy Loan
(Bloomberg) — Party City Holdco Inc. has sought funding for a potential Chapter 11 bankruptcy, according to people with knowledge of the preparations. Most Read from Bloomberg The company, which...
Biden administration unveils sweeping changes to student loan repayment
The future of the Biden administration’s student debt-relief plan currently rests with the Supreme Court, but in the meantime, officials are moving forward with sweeping reform that could have an even...
BlockFi said CEO cashed out nearly $10 million as FTX loan stabilized clients
Bankrupt crypto lender BlockFi said its CEO cashed out close to $10 million from the platform to pay taxes last year as FTX provided about $15 million in payments to certain insider accounts as part o...
Is a Family Loan Taxable Income?
is a family loan taxable income There are two main ways to give significant amounts of money to a family member: gifts and loans. Each has its own tax consequences and advantages. In the case of a loa...
Car Owners Strain as More Loan Payments Soar to $1,000
(Bloomberg) — The percentage of US consumers paying at least $1,000 a month for their cars soared to a record, adding to concerns that borrowers may be getting in over their heads. Most Read fro...
How to get a personal loan with bad credit: Can you get one, and should you?
Getty Images/iStockphoto Even if you have a low credit score, you may still qualify for a personal loan — but “if you’re in this situation, you should be prepared to pay a higher interest rate and pot...
BlackRock Gives Bankrupt Bitcoin Miner Core Scientific a New $17M Loan
BlackRock, which is Core Scientific’s largest shareholder according to FactSet data, already held $37.9 million in secured convertible notes as of Wednesday. The latest $17 million is part of th...
Core Scientific Gets $37.5M Loan to Stay Afloat
The world’s largest asset manager, BlackRock Inc., has issued a $17 million loan to bankrupt Bitcoin miner Core Scientific to help it stay afloat during its bankruptcy process. The loan is part of the...
Loan Data Shows Exceptional Economic Health, Though HELOCs May Be Cracking
GIBBSTOWN, NJ – JANUARY 23: A truck driven by Rob Sparks of Metropolitan Asset Recovery Solutions … [+] tows a vehicle during reposession January 23, 2003 in Gibbstown, New Jersey. Statist...
BlackRock comes to Core Scientific’s aid with a $17m loan
Investment juggernaut BlackRock has pledged $17 million to insolvent BTC miner Core Scientific as part of a new $75 million debt from the miner’s secured convertible note holders. According to a recen...
BlackRock Offers $17M Loan To Insolvent Mining Firm Core Scientific
13 seconds ago | 2 mins read Bitcoin News BlackRock is Core Scientific’s biggest shareholder. On December 21st Core Scientific, filed for Chapter 11 Bankruptcy. According to a U.S. Securities and Exch...
SBF Took $546M Loan From Alameda to Buy Robinhood Shares
FXT founder and former CEO Sam Bankman-Fried (SBF) borrowed over $546 million from his trading house, Alameda Research, to purchase a 7.6% stake in Robinhood earlier this year. According to an affidav...