More / Bitcoin Reddit - 1 year ago
The USD farms the world for debt. USDs issued out of thin air are sold to people and nations around the world and interest charged. The pandemic gave the pretext to lower the price of this money debt and scoop up a huge net of captive debtors- now t...
More / Bitcoin Reddit - 1 year ago
Since there is no way to seize and collect Bitcoin, I wonder how we collect debts on a Bitcoin standard. On a Bitcoin standard I can see a society with less debt, since people will have to pay in advanced. There will be a problem if there is a legal...
Bitcoin News / Google News Bitcoin - 1 year ago
According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps), Argentina (4,470), El Salvador (3,376), and Ethiopia (3,0...
Bitcoin News / Bitcoin.com - 1 year ago
According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps), Argentina (4,470), El Salvador (3,376), and Ethiopia (3,035) ha...
Cryptocoins News / Blockchain - 1 year ago
Celsius Network stated that bitcoin mining is the key to the cryptocurrency lender's restructuring efforts as it received approval from a U.S. bankruptcy judge to spend $3.7 million in construction costs at a new bitcoin mining facility. Celsius' h...
Bitcoin News / Google News Bitcoin - 1 year ago
Ever since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in the U.S. by leveraging the Chapter 11 process. Two days after...
Bitcoin News / Bitcoin.com - 1 year ago
Ever since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in the U.S. by leveraging the Chapter 11 process. Two days after...
Cryptocoins News / Blockchain - 1 year ago
EquitiesFirst, an Indianapolis-based specialist finance company best known for lending cash to institutions secured against their stock holdings, is identified as a debtor to the prominent crypto lender Celsius Network. That is according to Celsius’...
Cryptocoins News / Blockchain - 1 year ago
Crypto lender Celsius Networks has filed for Chapter 11 bankruptcy protection, MarketWatch reported. The embattled crypto lender has also repaid its remaining debt to the decentralized finance (DeFi) lending protocol Compound. Celsius co-founder an...
Bitcoin News / Bitcoinist - 1 year ago
Celsius Network has been aggressively paying down all of its debt since it first stopped withdrawals, swaps, and transfers on its platform. The lending platform had loans spread across various protocols, some of which were dangerously close to being...
Bitcoin News / Bitcoin Magazine - 1 year ago
Brewing Emerging Market Debt Crises - Bitcoin Magazine - Bitcoin News, Articles and Expert Insights...
Bitcoin News / Google News Bitcoin - 1 year ago
Brewing Emerging Market Debt Crises - Bitcoin Magazine - Bitcoin News, Articles and Expert Insights...
More / Bitcoin Reddit - 1 year ago
I like the existing well known US debt clock sites but they don't signpost people what to do about the matter and it doesn't offer visitors any education. SO i created another one! https://www.usa-debt-clock.com/ The whole point is to educate people...
by COINS NEWS - 1 year ago
The exchange Mt. Gox, that once handled over 70% of all bitcoin transactions, went bankrupt in 2014, after losing 86% of its funds due to a security flaw. And next month in August-2022, they will start paying back their customers with the 130k bitco...
Bitcoin News / Bitcoinist - 1 year ago
Though caught up in the web of the prevailing crypto bear market, Celsius adversely impacted the situation. The crypto lending platform has been struggling to break loose from the effect of insolvency. It suspended customers’ withdrawal from th...
by COINS NEWS - 1 year ago
Celsius has been seen as another big possible candidate for going bankrupt in this bear market as they had a ton of debt, liquidation risk at 23k BTC price and they got heavily shorted at FTX. If they would have failed millions of costumers would ha...
by COINS NEWS - 1 year ago
Crypto lending platform Celsius has reportedly hired lawyers from Kirkland & Ellis LLP to advise on its restructuring options — the same firm that assisted Voyager Digital with its bankruptcy filing last week. According to a report from the Wal...
Bitcoin News / Google News Bitcoin - 1 year ago
In the second half of Benzinga’s latest “Moon or Bust”crypto livestream hosts Ryan McNamara and Aaron Bry interviewed Mark Lamb, co-founder and CEO of CoinFLEX, a company committed to providing institutions and retail investors an easily accessible...
Bitcoin News / Google News Bitcoin - 1 year ago
Beleaguered crypto lender Celsius deposited $500 million in wrapped bitcoin (WBTC), a bitcoin derivative product of the Ethereum blockchain, to crypto exchange FTX just hours after Celsius repaid its debt to the decentralized lending protocol Maker...
by COINS NEWS - 1 year ago
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by COINS NEWS - 1 year ago
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More / Bitcoin Reddit - 1 year ago
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Cryptocoins News / Finance Magnates - 1 year ago
Coin Futures Lending Exchange (CoinFLEX) issued a new token called Recovery Value USD (rvUSD) on Tuesday. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Asset...
Cryptocoins News / Blockchain - 1 year ago
Russia’s State-owned bank VTB, through its subsidiary, VTB Factoring has completed the country’s first commercial paper tokenization through a partnership with Lighthouse, an information system operator and startup. As by VTB, the issuer's commerci...
by COINS NEWS - 1 year ago
News is just coming in that "a wealthy individual" has been liquidated on CoinFLIX and owes the company $47m USDC. The CEO of CoinFLIX confirmed this so far, and has said they have issued a notice of default to Ver. CoinFlix CEO: Rog...
