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Debt
CoinFLEX Restarts Withdrawals With 10% Limit
Customers still won't be able to withdraw the platform's native token, though.
CoinFLEX Begins Arbitration to Recover $84M in Delinquent Debt
The trading platform also said it was speaking with depositors looking to help the business by “rolling some of their deposits into equity.”
Argo Blockchain Hires Derivatives Trader to Navigate Market Rout, Sells BTC to Reduce Loan
The miner saw gains in bitcoin production in June, but its profit margin narrowed.
Core Scientific Sold Over 7K Bitcoins for About $167M in June, Sees More Sales
The crypto company plans to cash in on more self-mined bitcoins to cover expenses, growth and debt payments.
Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market
Private and publicly listed crypto miners owe up to $4 billion in debt used to finance the construction of gargantuan facilities across North America, according to industry participants and data compiled by CoinDesk.
CoinFLEX Says Roger Ver Owes It $47M USDC as Spat Turns Public
The crypto exchange is launching a recovery token because of debt owed by a high-net-worth customer.
Moody’s Downgrades Coinbase’s Debt on Profitability Concerns
Ratings agency Moody’s has downgraded Coinbase’s corporate debt, also placing its debt ratings under review for further downgrades. “The Hash” hosts discuss the potential limits of applying Wall Street analytics to crypto markets, and what this reveals about the Coinbase’s fate as the crypto exchange gets caught in a bear cycle.
Moody’s Downgrades Coinbase’s Debt on Profitability Concerns
The ratings agency has also put the crypto exchange’s ratings under review for further downgrade.
Iris Energy Raises 2022 Hashrate Estimate to 4.3 EH/s
The construction of the bitcoin miner's Texas site may be delayed as the firm removed completion estimate.
Miner Bitfarms Sold Almost Half Its Bitcoin to Reduce Debt
The miner sold 3,000 BTC in the past week to improve liquidity and reduce indebtedness.
