Cryptocoins News / The Cointelegraph - 7 months ago
Stout Risius Ross, the valuation advisor for Celsius Network, confirmed the accuracy of the bankrupt firm’s valuation report. Joel E. Cohen, a mathematician and biolog...
Cryptocoins News / The Cointelegraph - 7 months ago
Curve Finance founder Michael Egorov still has a debt of $42.7 million across four protocols, including Silo, Fraxlend, Inverse and Cream. Michael Egorov, the founder...
Cryptocoins News / Blockchain - 7 months ago
JPEX, a virtual asset trading platform suspected of illegal operations, has proposed a DAO stakeholder dividend scheme. While 70% of participating users have agreed, lawmaker Huang Junshuo warns of potential debt risks. The platform is also under leg...
Bitcoin News / Bitcoin.com - 7 months ago
Prominent distressed-debt moguls are diving into the FTX bankruptcy claims arena, seizing debts at bargain prices with aspirations of lofty profits. This year, Silver Point Capital, Diameter Capital Partners, and Attestor Capital have acquired over $...
Bitcoin News / Bitcoin.com - 7 months ago
The world’s debt has surged to a record high level in the second quarter, according to the Institute of International Finance (IIF). The increase has also helped lift the global debt-to-GDP ratio which had been declining for seven quarters but is now...
More / Bitcoin Reddit - 7 months ago
The United States has a massive debt problem. As of today, the US debt is over $30 trillion. This debt is a burden on all Americans, and it is important to find a way to eliminate it. I propose that the US government offer lifetime tax exemptions to...
Cryptocoins News / The Cointelegraph - 7 months ago
Cryptocurrencies may become a part of the personal savings category, protected from seizures on behalf of creditors. As Brazilian lawmakers discuss a bill that would g...
More / Bitcoin Reddit - 7 months ago
https://youtu.be/2nBPN-MKefA submitted by /u/humble_hodler [link] [comments]
More / Bitcoin Reddit - 7 months ago
$32,964,000,000,000 USD of Federal debt. $26,600 current USD price of Bitcoin. Therefore current US debt is 1,239,000,000 Bitcoins. Max supply of Bitcoin is 21,000,000. So we need 59X of the max number of Bitcoins that will ever exist just to pay off...
More / Bitcoin Reddit - 7 months ago
For those of you who don't know: Greg Foss is that canadian guy who loves bitcoin. He's been seen at a lot of those major Bitcoin conferences. I can't find that particular quote where he says it, but he said at one point or another that...
Bitcoin News / Bitcoin.com - 7 months ago
Tether, the largest stablecoin in the cryptocurrency market, discussed how its leverage of U.S. treasury bills creates a steady demand for U.S. national debt as a backup of the USDT issuance. The company has exposure to almost $73 billion in U.S. deb...
Bitcoin News / Bitcoinist - 7 months ago
Genesis Global Capital, the cryptocurrency lending unit that filed for Chapter 11 bankruptcy protection earlier this year, has taken legal action against its parent company, Digital Currency Group (DCG). The lawsuit comes as both parties grapple with...
More / Bitcoin Reddit - 8 months ago
Paying off debt before investing offers several crucial advantages. Firstly, it reduces your financial risk. High-interest debt, like credit card balances or loans, can erode your wealth faster than investments can grow. By eliminating debt, you free...
Cryptocoins News / The Cointelegraph - 8 months ago
The exchange will repurchase a total of $180 million in 2031 senior notes. Cryptocurrency exchange Coinbase has upsized its debt buyback offer from $150 million to $18...
More / Bitcoin Reddit - 8 months ago
Our whole lives traditional finance gurus always told us debt is bad and to stay out of debt. I realized, in reality, this is because they don't want you getting ahead faster than them. If you understand that purchasing power of USD goes down ove...
More / Bitcoin Reddit - 8 months ago
James Lavish, Lyn Alden and Luke Gromen talk about this a lot. The US debt clock shows the net interest on debt becoming increasingly significant as a proportion of tax revenue… by 2027 it is the single largest outgoing of the US government. F...
Cryptocoins News / The Cointelegraph - 8 months ago
Cryptocurrency mining firm Argo Blockchain has reduced its debts to $75 million through the first half of 2023. The Argo Blockchain mining company, which has been one...
Cryptocoins News / The Cointelegraph - 8 months ago
The estimated U.S. dollar equivalent recoveries could amount to 70%–90% for Genesis creditors, should the amended plan be carried out. Digital Currency Group (DCG), a...