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Bitcoin News

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Bitcoin News

Hut 8 secures $200M Bitcoin-backed credit facility from FalconX, cuts interest rate to 7%

May 6, 2026 Jackson Miller

Nasdaq-listed Bitcoin mining and energy infrastructure company Hut 8 has secured a $200 million Bitcoin-backed credit facility from institutional crypto prime brokerage FalconX. The new facility replaces the company’s prior credit agreement with Coinbase Credit and lowers its fixed interest rate from 9% to 7%, according to a Monday announcement. Refinancing unlocks Bitcoin reserves The […]

Tommy Doyle, former FalconX executive, joins Xapo Bank, strengthening its crypto banking leadership.
Press Release

Xapo Bank Secures Top Talent: Former FalconX Executive Tommy Doyle Joins Leadership

August 25, 2025 Sarah Chen

In a significant move within the digital asset sector, Xapo Bank, a fully licensed virtual asset currency provider and custodian, has announced a key strategic hire. This development signals a strong commitment to expanding its institutional reach and enhancing client relationships. Specifically, the Gibraltar-regulated institution welcomes Tommy Doyle, a distinguished former FalconX executive, to its […]

Press Release

FalconX Secures Future with Monarq Acquisition

June 3, 2025 Sarah Chen

The institutional crypto environment is constantly evolving, with major players making strategic moves to solidify their positions. In a significant development, crypto prime broker FalconX has announced a major step forward by acquiring a majority stake in the parent company of Monarq Asset Management. This move signals FalconX’s clear intent to deepen its presence in […]