Debt


Finance

Bondholders of Troubled Bitcoin Miner Core Scientific Said to Be Working With Lawyers: Report

The company last week warned it may have to explore bankruptcy as its financial condition worsens.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

DeFi Debt Marketplace Credix to Open a $150M Stablecoin Credit Pool to Digital Lender Clave

Clave will use the pool to originate loans to Latin American businesses and consumers.

Coin98 joins a growing roster of DeFi protocols crafting their own stablecoin. (Unsplash, modified by CoinDesk)

Finance

Crypto Exchange Bybit Spends $3.8M on Bithumb Shareholder T-Scientific's Convertible Debt

The Dubai-based exchange said it sees the investment as a means to expand into the Korean market.

Bithumb is one of South Korea's largest crypto exchanges (Shutterstock)

Finance

Bitcoin Miner Stronghold Digital Bolsters Balance Sheet by Cutting Costs, Slashing Debt by More Than 60%

Stronghold won't have to pay up to $25 million of profit share to Northern Data, after ending bitcoin mining rig hosting deal.

Stronghold Digital Mining CEO Greg Beard (right) and Co-Chairman Bill Spence (left). 
(Stronghold Digital Mining)

Opinion

What Credit Suisse and Three Arrows Capital Have in Common

One of the world’s most embarrassingly bad banks is tanking – and some of its biggest missteps will look all too familiar to crypto financiers.

Credit Suisse is the latest banking giant to flirt with crypto. (Cayambe/Wikimedia Commons)

Finance

Celsius Network Might Be Planning to Turn Its Debt Into Crypto ‘IOU’ Tokens

In a leaked audio file, Nuke Goldstein, the firm's co-founder and chief technology officer, detailed a potential plan to issue wrapped tokens representing the debt to customers.

(Mark Wagner)

Videos

El Salvador Debt Downgraded to CC Rating as President Bukele Seeks Re-Election

El Salvador is likely to default on a January debt repayment because it has limited market access to raise the funds needed, in part because of its bitcoin adoption, according to rating agency Fitch. Meanwhile, President Bukele announced that he will seek re-election, according to a Reuters report. "The Hash" panel discusses the outcome of President Bukele's bitcoin initiatives and the chances for him to be re-elected after his term ends in 2024.

Recent Videos

Finance

El Salvador's Debt Rating Cut to CC by Fitch

The rating agency said the country is likely to default on a January debt repayment because it has limited market access to raise the funds needed, in part because of its bitcoin adoption.

Nayib Bukele, president of El Salvador (Ulises Rodriguez/APHOTOGRAFIA/Getty Images).

Pageof 9