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Jan 31 2023

Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs

Amesbury application-specific integrated circuit ASIC mining equipment B. Riley Bankprov bankruptcy protection bitcoin business relationships collateralized loans Compute North core scientific crypto assets crypto mining companies crypto winter cryptocurrency debt decline digital asset loan portfolio Discontinued Ethan Vera Executive Exposure financial institution financial strain Greenidge Generation Industry investment Loan Originations Loans Luxor Massachusetts Metropolitan Commercial Bank mining rigs News phased out Provident Bancorp reorganized repossessed restructuring revenue U.S. Securities and Exchange Commission undisclosed operations
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The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident… More…

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Jan 18 2023

Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis

Barry Silbert Bitcoin Trust Cameron Winklevoss ceo Charges CoinDesk crypto companies crypto lending Customers DCG Digital Currency Group dividend suspension dividends financial crypto publication Foundry USA Gemini EARN Genesis Global Capital Grayscale Investments independent operating subsidiary liquidity issues Loan Originations market environment News Open Letter Portfolio sec SEC charges securities sale subsidiary suspension unregistered Withdrawals
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According to a shareholders’ letter from Digital Currency… More…

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