Cryptocurrency Analysis and News Portal
Summary: Silk Road’s creator Ross Ulbricht will have his debt to the US government wiped off He owes the US Government $183 million, and it will be paid for using $3 Billion in Bitcoin connected to another unnamed Silk Road hacker The figure he owed the government was the amount he was ordered
Read More
Silk Road creator Ross Ulbricht will see his $183 million debt to the U.S. government wiped out following the seizure of $3 billion in bitcoin. Original Source
Read More
"Liquidity was structured so the bulk of it sat just under market price, allowing the pool to absorb sells with minimal impact," explained Aswath Balakrishnan, vice president of research at Delphi Digital, in a Telegram message. "There wasn't enough liquidity to absorb all the ICHI liquidations, causing the price to
Read More
The provision, entitled “Strengthening financial resilience,” says: “To further safeguard financial stability, we are taking important steps to discourage the use of cryptocurrencies with a view to preventing money laundering, informality and disintermediation.” Original Source
Read More
According to Duane Good, COO of Tribal, the round will help Tribal fund SMBs’ receivables in the markets where it operates – Mexico, Brazil, Chile, Colombia and Peru. In Latin America, the company plans to expand into Argentina, and the company is also considering expanding into Africa, Europe and Soutj
Read More
Crypto-focused enterprise payment platform Tribal Credit has concluded a $40 million debt offering that was funded through fiat and stablecoins — giving the company additional capital to expand its business services in Latin America. The so-called hybrid debt round was financed by Partners for Growth, a California-based investment firm, and Stellar
Read More
“Bitcoin’s drop definitely adds some pressure, as does thin year-end markets (credit, equity and commodities),” Ostwald said. Steve Hanke, a professor at Johns Hopkins University in Baltimore, voiced similar opinion on Twitter, while drawing attention to widening El Salvador-U.S. yield spreads. Original Source
Read More
TeraWulf – an environmental, social and governance-focused bitcoin mining company – raised $200 million in debt and equity financing from institutional and individual investors, the company announced Thursday.“TeraWulf’s ability to raise private capital underscores the attractiveness of bringing a new paradigm for cryptocurrency mining to the public markets,” said Paul
Read More
Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in January 2018, aims to use the funds to “accelerate growth initiatives across its business lines.” Galaxy Reveals Exchangeable Senior Note Offering The
Read More
Galaxy Digital, a cryptocurrency brokerage and merchant bank founded by billionaire investor Michael Novogratz, announced on Monday that it would be issuing $500 million in exchangeable senior notes to accelerate business initiatives. The debt is convertible into company equity and bears an interest rate of 3% per annum, with maturity
Read More