According to an operations and production update from MARA Holdings, a publicly traded bitcoin mining company, the firm has extended 7,377 BTC in loans to third parties to achieve a modest yield. ‘Significant Interest’ — MARA Holdings Explains Bitcoin Lending Program MARA Holdings (Nasdaq: MARA), a prominent bitcoin miner, has disclosed updates on its BTC […]
Bitcoin Open to a Bank Run, Smaller Parties Vulnerable to Death Spiral Event
Justin Bons, founder and CIO of Cybercapital, a European cryptocurrency fund, alerted about the vulnerability of smaller parties in the case of a bitcoin bank run. A price drop event would trigger the hypothetical event, forcing miners to shut down their operations due to unprofitability and affecting network operativity. Cybercapital CIO Justin Bons Alerts About […]