Tag: debt

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Bitcoin’s New Debt Machine Is Facing Its First Major Test

Public companies kept stacking Bitcoin in June, but the month’s real story played out in a corner of the market that did...

Fold Holdings Dumps $45M In Bitcoin To Wipe Out Debt, Stock Briefly Pumps Over 130%

Fold Holdings, Inc. (NASDAQ: FLD), the bitcoin financial services company behind a suite of consumer rewards products, announced a series of capital...

Lubin-Labeled Wallet Adds 110,000 ETH to Sky Vaults Backing $259M DAI Debt

A genesis-block Ethereum wallet labeled "Joseph Lubin?" by Arkham Intelligence deposited 110,000 ETH into three Sky Finance vaults on Friday, shoring up collateral behind...

Bitcoin Fair Value Closer To $224K Based On Debt Risk Model: Bitwise

New reporting from Bitwise suggests that Bitcoin's (BTC) undervaluation could expand if investors' concerns over sovereign debt deepen. The asset management firm said that...

Vitalik Buterin Proposes Options-Based DeFi to Replace Liquidation-Driven Debt Model

Ethereum co-founder Vitalik Buterin proposed splitting 1 ETH into two paired option assets that always sum back to 1 ETH, eliminating forced liquidations and...

Michael Saylor’s Strategy repurchases $1.5 billion in convertible debt

Disclosure: The author of this story owns shares in Strategy (MSTR).Strategy (MSTR), the world’s largest corporate holder of bitcoin BTC$75,644.49, repurchased $1.5 billion of...

Ripple Gets Major Boost For Prime Brokerage Growth: $200M Debt Facility Announced

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On Monday, Ripple announced that it had secured a $200 million debt...

Curve founder pitches market-based fix for $700K bad debt in contrast to Aave bailout

Curve founder Michael Egorov has proposed a market-based fix for about $700,000 of bad debt tied to LlamaLend, Curve’s lending platform.“I propose a free-market...

Aave Models $124M to $230M in Bad Debt From Kelp Exploit

In a detailed incident report, Aave service providers quantified the protocol's exposure for the first time and outlined two scenarios depending on how Kelp...

Kelp DAO Loses $293M in Bridge Exploit, Leaving Aave With Over $200M in Bad Debt

Attacker minted unbacked rsETH through Kelp's LayerZero bridge, then borrowed WETH on Aave V3 and V4 before markets could freeze.In 46 minutes on Saturday...

IMF’s global debt warning underscores bitcoin’s (BTC) role in investor portfolios

The International Monetary Fund (IMF)'s latest macroeconomic warnings paint a picture that could be one of the most consequential and bullish indicators for bitcoin...