Friday, June 2, 2023
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2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million – Mining Bitcoin News

Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on two loans. Iris Energy’s Form 6-K filing explains to the SEC that the firm “received a notice from its lender

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Hodlnaut Judicial Managers Weigh Unwinding Crypto Lender’s Assets Before Ethereum Merge

According to the statement, a particular risk of the Merge, which looks set to go ahead on Thursday, relates to so-called pricing oracles, which feed data to the smart contracts that govern DeFi protocols. The Merge may lead the oracles to "give out erroneous prices during the transition," leading smart

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DeFi Platform Credix Raises $11.25M to Connect Institutional Lenders with Emerging Market Fintechs

“Within the next decade, debt capital markets will be on-chain and democratized," wrote Credix founder and CEO Thomas Bohner in a Medium post. Credix is building the infrastructure to enable this at scale — we’re developing a next-generation credit platform matching institutional investors and FinTech lenders." Source

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Bitcoin Miner Stronghold Digital in Debt Restructuring Negotiations With Lenders

"This delay principally relates to the Company’s ongoing negotiations of potentially material transactions with its lenders to restructure or refinance certain financing agreements in order improve the Company’s financial position, and for the Company to be able to continue as a going concern for at least the next 12 months,"

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