Latest News
Bit Digital Backs WhiteFiber With $100M Loan
Bit Digital launched a $100M loan facility for WhiteFiber, linking terms to Ethereum staking yield as it expands AI and HPC infrastructure.
Abra Eyes Nasdaq Debut in $750M SPAC Merger, Seeking Up to $300M Growth Capital
Abra said Monday it will go public on Nasdaq via a New Providence SPAC at $750M valuation, seeking up to $300M to scale lending, yield and custody offerings.
NY Federal Judge Freezes BlockFills Assets in Dominion Capital’s 70 BTC Dispute
NY federal judge issues TRO freezing 70.6 BTC in Dominion Capital dispute, barring BlockFills from moving funds or shifting assets offshore.
Nexo returns to the US after the 2023 crypto lending crackdown — new products, new partners, new rules
Nexo re-enters the US with partner-led crypto lending and yield products redesigned for post-2023 rules, after a $45M settlement and exit in 2023 again.
Kraken Launches Flexline Fixed-Rate Crypto Loans for Pro Users, Offering Predictable Borrowing Costs
Kraken launches Flexline fixed-rate crypto-secured loans for Pro users, borrowing against crypto at 10-25% APR with terms up to 2 years for steadier financing.
Blockfills Co-Founder & CEO Nicholas Hammer Steps Down After $75M Lending Losses
Blockfills CEO Nicholas Hammer steps down after $75M lending losses, spotlighting risk-control lapses as crypto credit returns amid volatility for traders.
Ledn Closes $188M First-Ever Securitization of Bitcoin-Backed Loans, Bloomberg Reports
Bloomberg: Ledn closed a $188M first-ever securitization of bitcoin-backed consumer loans, selling rated ABS bonds to traditional investors in the ABS market.
Nexo Partners With Bakkt to Re-Enter US Crypto Market Three Years After SEC Lending Settlement
Nexo partners with regulated crypto firm Bakkt to re-enter the U.S. market, three years after an SEC settlement, using compliant custody and rails.