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Debt
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.

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.

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.

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.

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.

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.

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.

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.
