Debt
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Cryptocurrency
Bitfarms pay off $21M debt with one-time cash payment of $7.75M
advertisement Cryptocurrency miner Bitfarms has settled $21 million in debt owed to bankrupt crypto lender BlockFi in a one-time payment…
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Cryptocurrency
Justin Sun backs FTX Debt token ‘FUD’ in possible securities law breach
Justin Sun, founder of exchange Huobi, has named his name for Debt DAO, a project that claims to issue FTX…
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Cryptocurrency
Bitcoin miner Greenidge lost $130M in 2022 Q4; restructures debt with NYDIG, B. Riley
Bitcoin (BTC) mining company Greenidge said it lost about $130 million in the fourth quarter of 2022 and earned just…
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Cryptocurrency
Bitcoin could be the answer to the US’ spiraling debt
The US debt ceiling reached $31.4 trillion on January 19, raising calls for radical action. remove the whole ceiling. Bitcoin…
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Cryptocurrency
ASIC financing debt worsened Bitcoin miner’s liabilities in 2022: Report
According to recent reports, bitcoin miners have faced difficulties paying off their debts in 2022. report By hashrate index. the…
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Cryptocurrency
Greenidge signs $74 million debt restructuring deal as bankruptcy fears emerge
Bitcoin (BTC) miner Greenidge Generation has entered into a $74 million debt restructuring agreement with cryptocurrency lender NYDIG, according to…
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Cryptocurrency
El Salvador buys back sovereign bonds to reduce debt
The Republic of El Salvador has announced that it has completed a second round of repurchases of government bonds maturing…
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Cryptocurrency
US debt surpasses $31 trillion
The U.S. national debt surpassed an all-time high of $31 trillion this month. More than $11 trillion of debt has…
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Business
Britain’s Spending and Tax Cut Plans Worry Investors in Its Debt
In the UK, 10 days of nationwide mourning leading up to Queen Elizabeth’s state funeral will bring many of the…
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Cryptocurrency
The European sovereign debt crisis 2.0
Despite their best efforts, European governments have so far failed to contain inflation this year. Russia’s invasion of Ukraine was…
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