Cryptocurrency Analysis and News Portal
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
“While we are willing, ready, and organized for cryptocurrency regulation in Australia, until it is brought into effect, we aim to set the benchmark for best-practice in self-regulation by adhering to the spirit of the FCA obligations on home soil,” Tan added. Source
Read More
Argo Blockchain has secured another loan agreement from Galaxy Digital LP with the mining firm’s Bitcoin (BTC) as collateral.According to an announcement by the London Stock Exchange on Friday, the new Bitcoin-backed loan agreement is to the tune of 18.05 million pounds (about $25 million).As previously reported by Cryptox, Argo
Read More
Inter Milan, Italy’s reigning soccer champion, has signed a partnership agreement with blockchain company Zytara Labs. The collaboration aims to provide users of the club’s mobile app with access to crypto products and allow Inter to create digital collectibles for fans around the world. Italy’s Inter Finds Sleeve Sponsor in
Read More
Offchain Labs, the team behind the highly anticipated Ethereum layer two platform, Arbitrum One, has completed the public mainnet launch of its optimistic rollups solution.Announced on Aug. 31, Offchain Labs also revealed that it has secured $120 million in a Series B fundraising round. The round was led by Lightspeed
Read More
Bazaar Technologies, a Pakistani blockchain marketplace, successfully raised about $30M in Pakistani’s biggest Series A round. An announcement made by Bazaar states that August 24th will be the closing of its raise. It also reveals that Singapore’s Wavemaker Partners and Silicon Valley-based Defy Partners were the leaders of the funding round. Many
Read More
Moonriver, Moonbeam’s companion network, has successfully secured a slot in the second round of Kusama parachain slot auctions. The Moonbeam team shared an official announcement via Twitter, revealing that more than 5,000 contributors had locked over 200,000 Kusama coins (KSM) to support Moonriver’s bid for a slot in the recently
Read More
According to the executive chairman, the recent Snoop funding would be used to expand the company’s global reach with the US already identified as a target.According to reports, Snoop has completed a Series A funding round led by US hedge fund Paulson & Co. The money management app now has
Read More
The Bolt food and grocery delivery service is billed to bring comfort to homes as it promises a swift 15 minutes timeframe between placement for orders and actually door delivery. Bolt, the popular ride-hailing services firm from Estonia, has raised the sum of €600 million (US$713 million) in a new funding
Read More
Cryptocurrency exchange Okcoin may soon be opening its doors wider to crypto traders in Malta and the Netherlands following approval from key regulators.In a Thursday announcement, Okcoin said it had secured formal registration from the central bank in the Netherlands and secured "in principle" approval for a virtual financial assets
Read More