After the TSX-listed Voyager Digital revealed that it was owed $655 million from Three Arrows Capital (3AC), the company secured a $500 million credit line
Category: loans
Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure
Three days ago, Maximumhorrors.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth
Three Arrows Capital Allegedly Owes Voyager Digital $655M — Crypto Firm Is ‘Unable to Assess’ if It Can Recover the Funds
According to reports, the TSX-listed Voyager Digital is another company that has been negatively affected by financial issues tied to the crypto hedge fund Three
El Salvador Plans to Offer Crypto Loans to Small-Scale Entrepreneurs
The government of El Salvador will offer cryptocurrency-based loans to small companies. Conamype, the National Commission for Micro and Small Enterprises, will be the link
Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs
On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans
Coinbase Lets Customers Borrow up to $1 Million Using Bitcoin as Collateral
The Nasdaq-listed crypto exchange Coinbase is now letting customers borrow up to $1 million using bitcoin as collateral. The company charges 8% APR but there
Biggest Bank in El Salvador Now Accepts Bitcoin as Payment for Financial Products
Bancoagricola, the biggest bank in El Salvador, is now accepting bitcoin to pay for debts originated from the use of its instruments, according to a
Venezuela’s Maduro Wants to Offer Crypto-Based Loans to Agricultural Producers
Nicolas Maduro, president of Venezuela, stated the country could offer cryptocurrency-based loans to the agricultural sector, in addition to the traditional loans in several fiat
