Cryptocurrency Analysis and News Portal
Marathon's plan initially, said Schumacher, had been to draw on the term loan to pay down the credit line, but the FTX collapse and resulting market uncertainty forced a rethink, with the company instead deciding it a better idea to deleverage its balance sheet. Original Source
Read More
U.S. lawmakers have raised concerns about the revolving door between financial regulators and the crypto industry. “Over 200 government officials have moved between public service and crypto firms,” the lawmakers said, adding that they include 31 Treasury Department officials and 28 Securities and Exchange Commission (SEC) officials. Revolving Door Between Financial
Read More
Several Democratic members of the United States Senate and House of Representatives have requested information from top regulators and agencies in the country regarding crypto firms hiring government officials upon their departure.In letters dated Oct. 24 addressed to the heads of the Securities and Exchange Commission, Commodity Futures Trading Commission,
Read More
“In addition to developing games and building online worlds, we're investing into technology that will help facilitate decentralized player-owned trading economies not only within our games but with other games as well,” Revolving Games co-founders Saad and Ammar Zaeem told CoinDesk in an email. Original Source
Read More
Brian Brooks went from a law firm to a bank to a mortgage company to a crypto exchange to America’s top banking regulatory agency to a crypto exchange again. He’s on the market again – but which way will it be, public sector or private?The lanky Colorado native with his
Read More
Marathon Digital Holdings has secured a $100 million revolving line of credit with Silvergate Bank in bitcoin and U.S. dollars.The loan, which was secured on Friday, will be used to fund the company’s mining operations and to acquire new equipment.It will be available for one year and can be renewed
Read More