Michael Saylor’s Strategy is adjusting the terms of its $2 billion convertible debt deal, slashing the conversion premium to 35% in an …
Debt
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Finance
Former Rep. Kinzinger says Bitcoin is no debt solution, but blockchain is useful
by shayaanby shayaanFormer Rep. Adam Kinzinger pushed back on the idea that cryptocurrency could pay off the U.S. national debt, arguing that while blockchain …
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Avalon Labs says it is exploring the possibility of filing the industry’s first Bitcoin-backed debt public fund aligned with SEC regulations. After …
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DeFi
Maple reports no increase in bad debt, $10M inflows amid recent market crash
by shayaanby shayaanDecentralized credit protocol Maple reported that none of the platform users’ positions were liquidated during the Feb. 2 price crashes, resulting in …
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DeFi
THORChain to Issue Equity Tokens to Battle $200M Debt After Pausing Bitcoin, Ether Lending
by shayaanby shayaanTHORChain’s members passed “Proposal6” to convert nearly $200 million of unserviceable debt into equity via a new token, TCY (Thorchain Yield), with …
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The direct demand created for U.S. debt by stablecoins could grow exponentially in 2025. Stablecoins Can Leverage U.S. Debt for Massive Growth …
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On Jan. 24, THORChain announced via X that it had paused its network due to excessive debt and leverage issues impacting its …
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Adoption
A US debt default would be unconstitutional—Bitcoin is the only way out
by shayaanby shayaanThe following is a guest post by Kadan Stadelmann, CTO of Komodo Blockchain. The 14th Amendment and the Debt Limit The debt …
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Finance
Janet Yellen Warns ‘Extraordinary Measures’ Incoming As $36,288,567,567,400 National Debt Approaches Ceiling
by shayaanby shayaanTreasury Secretary Janet Yellen is urging Congress to act as the debt ceiling deadline approaches. In a letter to Speaker of the …
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The U.S. is likely to hit the maximum it’s legally allowed to borrow at some point between Jan. 14 and Jan. 23, …