In the same week that crypto-friendly Silvergate Bank said it would close operations, bitcoin mining company Marathon Digital paid off its term loan. It terminated its credit facilities with the bank....
Tag: Terminates
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 announced it will be winding down operations...
Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate
Marathon said that on March 8, the term loan prepayment was completed, and the company’s credit facilities with Silvergate Bank were terminated, reducing its debt by $50 million, according to a statem...
Silvergate terminates crypto payments network as shares plunge to record low
Crypto bank Silvergate has discontinued its digital assets’ payment network because it is a “risk-based decision.” The announcement comes after the bank’s stock fell over 59% last week due to fears of...
Silvergate Bank Terminates Crypto Payments Network as Shares Plunge to Record Low – Featured Bitcoin News
Silvergate Bank has discontinued its cryptocurrency payments network. The decision to shut down Silvergate Exchange Network followed the withdrawal of banking relationships by several major cryptocurr...
WazirX Terminates This Service Amid Power Struggle With Binance
WazirX, India’s largest crypto exchange, has shut down its NFT marketplace WazirX NFT. The website displays that the WazirX NFT has “sunsetted” and customers can continue to trade on OpenSea. The NFTs...
Binance-WazirX Deal Over? Binance Terminates This Service
Binance, the world’s largest crypto exchange and WazirX, India’s biggest crypto exchange have been involved in the tug of war amid the bear market conditions. However, in order to press its authority,...
Binance terminates WazirX wallet services, asks it to withdraw users’ funds
Crypto exchange Binance asked WazirX operator Zanmai Labs to withdraw the funds on its Binance wallets because it was terminating its services to the firm, according to a Feb. 3 statement. Binance sai...
NBA Giant Miami Heat Officially Terminates Naming-Rights Deal With FTX
One of the most successful NBA teams – Miami Heat – finally annulled its partnership with the cryptocurrency exchange FTX. As a result, the home ground of the basketball giant will no longer be calle...
Ferrari Terminates Its Deal with Its Crypto Sponsor Velas Blockchain As A Dark Cloud Hovers Over The Industry ⋆ ZyCrypto
Advertisement     Ferrari announces the termination of its partnership with the Velas Blockchain after 12 months. The premature ending of the sponsorship deal is rumo...
Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena – Exchanges Bitcoin News
A federal bankruptcy court in the U.S. has ended the FTX naming-rights agreement for Miami Heat’s basketball stadium. The sports venue was branded FTX Arena as part of a multi-year, multi-million doll...
The Block: Bankruptcy judge terminates FTX naming rights for Miami Heat arena: Miami Herald
A federal bankruptcy judge on Wednesday terminated FTX’s naming-rights deal with Miami-Dade county for the downtown arena where the NBA’s Miami Heat play, the Miami Herald reported. ...
Ferrari Terminates Collaboration With Crypto Sponsors
35 mins ago | 2 mins read Blockchain News Ferrari lost $55M after terminating collaboration arrangements with Velas Blockchain. The team was not in accordance with the provisions that allow Velas to p...
Nexo Terminates Vauld Acquisition Deal Ending Six-Month-Long Discussions
Swiss crypto lender Nexo recently terminated its acquisition deal with embattled Singaporean crypto lender Vauld. Nexo has ended discussions with rival crypto lender Vauld regarding a potential acquis...
Nexo terminates potential deal with troubled crypto lender Vauld
Crypto lender Nexo, which was in talks with rival crypto lender Vauld to potentially acquire it, has terminated the discussions. The potential deal has fallen through after six long months of di...
European Parliament terminates crypto-friendly Eva Kaili’s term of office
The European Parliament voted to terminate crypto-friendly vice-president Eva Kaili’s term of office by a double majority. 625 votes favored Kaili’s termination, while only one voted...
Amber Group Terminates Sponsorship Deal with Chelsea FC, Lays Off 40% Staff
Amber Group has halted its sponsorship deal with Chelsea and is looking to downsize its workforce as the crypto winter bites hard. Amber Group has reportedly terminated its $25 million sponsorship dea...
Circle terminates $9bn merger with Concord
The global financial technology firm Circle and the special purpose acquisition company (SPAC) Concord have mutually agreed to terminate their proposed merger. Circle and Concord’s long-lasting merger...
USDC Issuer Circle terminates plans to go public
Circle, the cryptocurrency firm behind the stablecoin USDC, has reportedly terminated plans to go public after canceling its special purpose acquisition company (SPAC) transaction with Concord Acquisi...
USDC Issuer Circle Terminates SPAC With Concord
Circle SPAC Termination News: Circle Internet Financial, the company behind stablecoin USDC, on Monday officially announced it was terminating its special purpose acquisition company (SPAC) with Conco...
USDC issuer Circle terminates SPAC merger with Concord
Circle, the issuer of USD Coin (USDC), announced the mutual termination of its proposed merger with the special purpose acquisition company (SPAC) Concord Acquisition on Dec. 5. The deal was announced...
USDC issuer Circle terminates SPAC deal but plans to go public remains
Circle announced it has come to a mutual agreement with Concord to terminate acquisition plans The deal was initially announced in July 2021 and would have allowed Circle to go public Circle CEO assur...
SOL Risks Crashing Hard as Binance Terminates Trading Pairs for Solana-based Exchange Serum Token ⋆ ZyCrypto
Advertisement     Binance has delisted three Serum (SRM) trading pairs as the effects of FTX’s collapse continue reverberating through the crypto industry. A Friday an...
Novavax Terminates Agreement With GAVI Alliance For Sale Of Its COVID-19 Vaccines
Novavax Inc (NASDAQ: NVAX) delivered a written notice to Gavi, the Vaccine Alliance, terminating with immediate effect an agreement for the sale of its COVID-19 vaccine to low- and middle-income count...
Aussie Regulator Terminates FTX Australia’s License
The Australian Securities & Investments Commission (ASIC) suspended the FTX Australia license until May 15, 2023, following the exchange’s recent fiasco. The crash has affected around 30,000 Aussi...
Crypto Trading Platform Bitvo Terminates Acquisition Deal With FTX
Cryptocurrency trading platform Bitvo, based in Canada, has stated that it has decided to terminate its deal to be bought by FTX. Bitvo mentioned that its shareholder, Pateno Payments Inc., had to go ...
Visa terminates debit card program with FTX
Only a month after payments giant Visa announced a partnership with FTX to roll out a debit card program in 40 countries worldwide, Visa has abruptly ended the program due to FTX’s recent insolv...
Visa Terminates Agreements With Bankrupt Crypto Exchange FTX – News Bitcoin News
Visa has reportedly terminated its global agreements with collapsed cryptocurrency exchange FTX and its U.S. arm, FTX US. The payments giant added that FTX’s “U.S. debit card program is being wound do...
Miami Heat Terminates FTX Partnership, Crypto Daily TV 14/11/2022
In Todays Headline TV CryptoDaily News: Binance, Huobi block FTT deposits. Crypto exchanges Binance and Huobi blocked deposits of FTT, FTX’s native tokens, after about $400 million worth of the tokens...