Latest from Aoyon Ashraf
Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate
The miner reduced its debt by $50 million and freed up about $75 million worth of bitcoin that was held as collateral.

Bitcoin Miner Marathon Digital Sold Almost All Bitcoin Mined in February
It's the second consecutive monthly sale for the company, which before 2023 hadn't sold any of its holdings.

Investment Firm Ninepoint Proposes Switching Bitcoin ETF Strategy After Falling 45% in a Year
The fund will now seek to invest mainly in equity and equity-related securities of companies with exposure to Web3, blockchain and the digital asset-enabled internet.

Crypto Bank Silvergate Uncertainties May Put TradFi Heavy Hitters' Stakes in Jeopardy
Silvergate Capital shares have tumbled 29% in after-hours trading on Wednesday as the crypto-friendly lender raised a “going concern” issue in a regulatory filing.

Chainlink Launches Platform to Help Web2 Connect With Smart Contracts
The beta version of Chainlink Functions is now live on the Ethereum Sepolia and Polygon Mumbai test networks.

Blockchain Protocol Algorand Hires Its First CFO
The new finance chief has several years of crypto and TradFi experience.

Silvergate Loses a Bull as KBW Analyst Downgrades on Limited Visibility
The analyst slashed the investment bank's price target by about 36% to $16.

BlackRock Starts Metaverse-Themed ETF Despite Waning Investor Interest
Meta, Apple and Nvidia are top holdings for the exchange-traded fund.

Bitcoin Miner CleanSpark Plans to Continue Pursuing Acquisitions Amid Bear Market
The miner is looking to use mined bitcoin and equity to pay for its growth plans.

Marathon Digital Sells Mined Bitcoin for First Time to Monetize Recent Rally
The bitcoin miner sold 1,500 bitcoin in January.

