Two Prime’s loan to MARA carries a fixed interest rate of 7.65% and matures in August 2028. Blume said borrowing demand has increased in recent months, with institutions tapping bitcoin holdings to finance capital expenditure while retaining exposure to the asset.The structures are also becoming more sophisticated. Recent regulatory filings show agreements with detailed provisions covering margin calls, collateral custody and liquidation, alongside a wider range of loan sizes and maturities.Lenders including Ledn and Kraken have also expanded the market through asset-backed securities and warehouse facilities linked to bitcoin collateral, according to Blume.The development could have implications beyond bitcoin lending…

Some excerpts from a long opinion by Judge Emily Marks (M.D. Ala.) Friday in U.S. v. Southern Poverty Law Center, Inc.: This dispute concerns the Government’s—specifically, the United States Attorney for the Middle District of Alabama’s—decision to indict the Southern Poverty Law Center. The parties present diametrically opposed accounts of that decision. The SPLC contends that it is being vindictively prosecuted at the behest of various political actors—including the President of the United States—for engaging in speech protected under the First Amendment. To remedy this alleged constitutional wrong, the SPLC moves for dismissal of the indictment or, in the alternative,…

AI & Crypto

Read More

Politics

Don't Miss!