Mining infrastructure firm GRIID has secured a $525 million credit facility from the cryptocurrency exchange and wallet provider Blockchain.com.Cincinnati, Ohio-based GRIID said the four-year term credit facility will be used to bring on additional mining capacity, taking advantage of over 1,300 megawatts of available power from existing energy generation partners.In May, … [Read more...] about Mining Infrastructure Firm GRIID Secures $525M Credit From Blockchain.com
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Digital Currency Group Raises $600M in New Credit Facility
Digital Currency Group (DCG), the crypto investment company whose holdings include asset manager Grayscale, crypto lender Genesis and independent news outlet CoinDesk, said it raised $600 million in a new credit facility, marking its first entry into the debt capital markets. Source link … [Read more...] about Digital Currency Group Raises $600M in New Credit Facility
University of Cambridge to launch decentralized carbon credit marketplace on the Tezos blockchain
In an announcement Friday morning, the University of Cambridge announced it would be building a novel decentralized carbon credit marketplace to support global reforestation efforts. Its ultimate goal would be to increase the adoption of nature-based conservation solutions, or NbS, such as reforestation, through financial instruments. The institution envisions that purchasers … [Read more...] about University of Cambridge to launch decentralized carbon credit marketplace on the Tezos blockchain
Cambridge University to Build Carbon Credit Marketplace on Blockchain
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.@2021 … [Read more...] about Cambridge University to Build Carbon Credit Marketplace on Blockchain
Coinbase Experiencing Extended Outages, Including for Credit Card
Crypto trading platform Coinbase was experiencing extended outages on Wednesday that were affecting access to its Coinbase and Coinbase Pro platforms as well as its credit card.On its status page Coinbase was reporting a major outage of its Coinbase credit card and partial outages of its website, mobile apps and API.According to Downdetector, Coinbase has been experiencing a … [Read more...] about Coinbase Experiencing Extended Outages, Including for Credit Card