Search Results for "financing"
Canaan Inc. and Luxor Collaborate to Boost Institutional Miner Financing
Canaan Inc. partners with Luxor Technology to provide flexible financing for Bitcoin miners, enhancing institutional adoption and expanding the reach of Avalon A15 Pro machines.
HKMC and CICC Forge Partnership to Boost Infrastructure Financing
The Hong Kong Mortgage Corporation Limited and China International Capital Corporation Limited sign an MoU to enhance cooperation in infrastructure financing and securitisation, aiming to solidify Hong Kong's role as a financial hub.
Hong Kong Extends SME Financing Guarantee Scheme Amid Economic Concerns
Hong Kong announces an extension of the SME Financing Guarantee Scheme, increasing loan guarantees and extending the principal moratorium period to support small and medium enterprises.
Bitfarms Secures $300M Financing to Boost AI Infrastructure at Panther Creek
Bitfarms converts a Macquarie debt facility into $300M project financing, drawing an additional $50M to accelerate AI development at its Panther Creek campus.
KuCoin Pulls $150m Funding in Pre-Series B, Hitting $10bn Valuation
KuCoin Exchange has announced a pre-Series B funding round by pulling $150 million, aiming to expand its current centralized service offerings in the broader Web3.0 ecosystem.
Bitcoin Mining Firm Marathon Digital Posts 91% Growth in Q3, Gets $100M Credit Line from Silvergate Bank
Marathon Digital Holdings Inc announced its financial results for the third quarter, indicating that the crypto mining firm recorded a 91% growth in revenues in Q3 compared to Q2.
Coinbase Amplifies Anti-Terrorism Financing Measures Through Blockchain Analytics
Coinbase, on October 17, 2023, outlined its robust measures to curb terrorism financing and other illicit activities through a rigorous compliance framework and blockchain analytics. The discourse emphasizes the importance of regulatory clarity in the U.S to minimize offshore risks associated with digital assets. With a dedicated team and technological tools, Coinbase demonstrates a proactive approach in maintaining the integrity of the crypto ecosystem.
NFT Platform Mintable Raises $13 million in Series A Financing and will Integrate with XRP Ledger
NFT platform Mintable has received $13 million in Series A financing and will be integrated with Ripple's XRP Ledger blockchain.
FinCEN Issues Alert to Counter Financing to Hamas and its Terrorist Activities
The Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury has issued an alert to financial institutions, urging vigilance in identifying and reporting suspicious activities related to the financing of the terrorist organization Hamas. The alert comes in the wake of a Hamas-led attack on Israel on October 7, 2023, which was funded through various means, including virtual currency.
Superstate Gains $14m in Series A Led by Distributed Global and CoinFund
Superstate, an innovative asset management firm, has secured a $14 million Series A financing round, aiming to expand its team and launch private funds for institutional investors.
MicroStrategy's Debt Dilemma: A Balancing Act Between Bonds and Bitcoin
Adam Cochran discussed MicroStrategy's financial quandary due to its 2025 and 2028 convertible notes amidst its extensive Bitcoin holdings. Failure to address the 2025 note could lead to a 15% equity dilution, while refinancing could spike yield rates. Options like leveraging Bitcoin or selling it to cover debts were explored, with the latter potentially causing a dip in market confidence. Cochran hinted that the year-end decisions could significantly impact how MicroStrategy navigates its debt come 2024.
EBA Issues Updated Guidelines for Crypto Asset Service Providers
The European Banking Authority (EBA) extends Anti-Money Laundering and Counter-Terrorist Financing measures to include crypto firms, aiming to harmonize regulatory approaches and mitigate financial crime risks in the EU.