Technical debt costs enterprises an estimated $1.52 trillion annually in lost productivity and increased operational risk Rocket’s technical debt management solutions span six products covering architecture, code, …
Debt
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Finance
Blackstone and Apollo line up $36 billion chip debt deal for Anthropic
by shayaanby shayaanAnthropic is set to tap a $36 billion private credit deal led by Blackstone and Apollo to finance Google AI chips backed …
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Finance
Paramount to finance Warner Bros. Discovery acquisition with $50 billion in debt
by shayaanby shayaanParamount Skydance is putting roughly $50 billion on the corporate credit card to buy Warner Bros. Discovery, a financing package so large …
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Smart Contracts
Bitcoin Giant Strategy Moves to Retire $1.5 Billion in Convertible Debt, Says It Could Sell BTC
by shayaanby shayaanIn short Strategy has entered into an agreement to repurchase $1.5 billion of its 2029 convertible senior notes for an estimated $1.38 …
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DeepBook’s leveraged trading infrastructure faced mounting pressure after its $USDC margin pool became undercollateralized on the 9th of May. On a post …
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DeFi
Curve founder pitches market-based fix for $700K bad debt in contrast to Aave bailout
by shayaanby shayaanCurve founder Michael Egorov has proposed a market-based fix for about $700,000 of bad debt tied to LlamaLend, Curve’s lending platform. “I …
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Markets
Aave raises nearly 80% of the $200 million it needs to cover bad debt left by Kelp DAO exploit
by shayaanby shayaanBlockchain analytics platform Arkham said that the largest contributors are Mantle and Aave DAO, having raised a combined $127 million. www.coindesk.com
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Markets
Aave Is Down 18% And Carrying $196M In Bad Debt, But Smart Money Is Buying Anyway
by shayaanby shayaanAave is having one of the worst weeks in its history. On April 18, attackers exploited a vulnerability in KelpDAO’s rsETH bridge …
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A new development has raised security concerns in the cryptocurrency market. According to information shared by on-chain data provider Onchain, KelpDAO’s liquid …
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Regulation
$571,280,000,000 Added To US National Debt in Just Four Months As Jamie Dimon Issues Warning on America’s Financial Future
by shayaanby shayaanThe US national debt has now climbed by about $571.28 billion this year as Treasury data show total public debt outstanding approaching …