Debt
Stablecoins: A Potential Counter to De-Dollarization
Demand for dollars in the global economy is increasingly flowing into permissionless stablecoins, even as domestic policies and foreign efforts like a BRICS-issued currency could erode the greenback's overall dominance.
What Does the Debt Limit Showdown Mean for Bitcoin?
A U.S. debt default could catapult the cryptocurrency onto the international stage.
Bitcoin Slides Below $27K as Investors Eye Debt Ceiling Negotiations
Treasury Secretary Janet Yellen warned the U.S. could breach its debt limit by June 1, potentially setting off a recession in the event of default.
Bitcoin Posts Biggest Weekly Loss in 5 Months as Dollar Liquidity Declines, Debt Ceiling Fears Return
The cost of insuring against a potential U.S. government default in the next 12 months soared to record highs last week.
Bitcoin Miner Stronghold Raises Year-End Hashrate Guidance to 4 EH/s
Fourth-quarter revenue of $23.4 million was driven mainly by selling energy to the power grid rather than crypto mining.
Securities Platform DEFYCA to Release Tokenized Private Debt Protocol on Avalanche
DEFYCA’s launch highlights the growing trend of bringing tokenized versions of traditional markets like debt to blockchain-based protocols.
Bitcoin Miner BitNile Pulls 6,500 Rigs From Former Compute North Site
The company signed a hosting deal in August with now-bankrupt Compute North for a site that is now managed by USBTC.
Bankrupt Crypto Lender BlockFi Takes Two-Thirds Loss to Settle Bitcoin Miner Bitfarms' Debt
The miner had recently warned it might stop paying off the debt to bankrupt BlockFi.
Bitcoin Miner Stronghold Digital Restructures Remaining $55M of Debt
The company also signed a two-year hosting agreement with Foundry.
DebtDAO to Burn 18M FTX User Debt Tokens Following Demand Frenzy
More than 18 million tokens to be burned after the demand for the recovery tokens saw prices surge to as much as $113.
