ChainCatcher news, on Tuesday, Bitcoin mining company MARA announced a $200 million credit line, using part of its BTC holdings as collateral. The company stated that the funds will be used to capitalize on strategic opportunities and for other general corporate purposes.Although MARA did not provide specific details about the terms of the credit line, the characteristics of recent agreements by industry competitors have shown a loan-to-value ratio of about 70% and a weighted average interest rate of 4.2%. Assuming a loan-to-value ratio of 70%, MARA would need to pledge approximately 4,000 BTC as collateral for the $200 million credit line.As of September 30, MARA holds 26,842 BTC, currently valued at $1.8 billion.

ChainCatcher news, according to CoinDesk, as the market grows increasingly concerned that the liquidity issues of crypto trading firm Alameda Research may spread to crypto lenders, several institutional crypto capital firms have reached the maximum capacity of their credit pools on Clearpool (an unsecured lending protocol).Amber Group, Auros, and LedgerPrime have each received "warning" labels on their permissionless pools on Polygon on Clearpool, as they have reached 99% of the maximum credit limit available on the protocol. Folkvang and Nibbio have also received "warning" status on their permissionless pools on Ethereum. Clearpool's loan dashboard shows that the total debt for these loans amounts to $14.8 million. (CoinDesk)