Critics: G7’s $50 Billion Russian Assets-Backed Loan Might Upset the West’s Financial Stability - loan

Critics: G7’s $50 Billion Russian Assets-Backed Loan Might Upset the West’s Financial Stability

The G7’s finalized deal approving a Russian assets-backed loan of $50 billion to support the Ukrainian war effort has the potential to upset the Western financial system. Critics state that the U.S. and other countries may face repercussions, includi

Sergio Goschenko
Hut 8 Repays $38M Loan, Launches AI Computing Service - bitcoin, ai, loan, gpu, hut

Hut 8 Repays $38M Loan, Launches AI Computing Service

TLDR Hut 8 paid off $38M loan from Anchorage Digital through stock conversion Conversion price was at 51% premium to recent average share price Hut 8 still carries around $290M in debt, including $150M convertible note Company launching GPU-as-a-serv

Oliver Dale
Hut 8 pays off Anchorage loan, eyes further AI expansion - bitcoin, eyes, one, loan, ai, hut

Hut 8 pays off Anchorage loan, eyes further AI expansion

Hut 8 Corp., one of North America’s largest Bitcoin miners, has announced that Anchorage Digital has converted the remaining $38 million of its outstanding loan into common shares. The conversion was completed at $16.395 per share, representing a 51%

Assad Jafri
MEV Bot Takes $12M Loan for a Mere $20 Profit in Sandwich Attack - mev, loan

MEV Bot Takes $12M Loan for a Mere $20 Profit in Sandwich Attack

An MEV (Maximum Extractable Value) bot recently took out an enormous $12 million flash loan, only to make a meager $20 in profit from a sandwich attack, barely enough for a literal sandwich. The post MEV Bot Takes $12M Loan for a Mere $20 Profit in S

blyzniukova
‘Unlucky' MEV bot takes out huge $12M loan just to make $20 in profit - mev, just, loan, bot

‘Unlucky' MEV bot takes out huge $12M loan just to make $20 in profit

An MEV bot took out a $11.9 million loan to sandwich attack a user, but barely made enough to cover lunch.

Cointelegraph by Tom Mitchelhill
Ledn Secures Landmark $50 Million Bitcoin-Backed Loan From Sygnum to Expand Retail Lending Operations - bitcoin, crypto, loan

Ledn Secures Landmark $50 Million Bitcoin-Backed Loan From Sygnum to Expand Retail Lending Operations

Ledn, a crypto lending firm, has secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group. This loan will be used to expand Ledn’s retail lending operations, providing additional liquidity to the crypto se

Bitcoin.com
Japan’s Metaplanet takes $6.8 million loan to buy more bitcoin - bitcoin, japan, loan

Japan’s Metaplanet takes $6.8 million loan to buy more bitcoin

The Tokyo-listed firm said that it intends to allocate the majority of the loan amount to purchasing bitcoin.

Timmy Shen