Avalon Labs evaluating a Bitcoin-backed public debt fund
Avalon Labs is planning to introduce a Bitcoin-backed public fund under SEC Regulation A. Avalon Labs aims to bridge traditional finance and crypto, expanding Bitcoin’s utility. Avalon’s AVL token has…
THORChain approves conversion of $200M debt into equity tokens
THORChain node operators have approved a restructuring plan allowing it to convert its $200M debt into equity tokens. The move is aimed at stabilizing THORChain’s operations by addressing its liabilities.…
Bitfarms agrees to buy Stronghold Digital for $175M in stock and debt
Bitfarms to acquire Stronghold Digital for $175M in stock and assumed debt. Bitfarms’ stock fell 8%, while Stronghold’s rose 60% following the news. Riot Platforms, holding 19% of Bitfarms, previously…
Judge orders the U.S. SEC to pay $1.8M in Debt Box case dismissal
Judge dismisses U.S. SEC’s case against Debt Box, orders SEC to pay $1.8 million in fees. The Ruling cites SEC’s bad faith conduct in obtaining asset freeze order. Debt Box…
Bitfinex introduces tokenized debt for El Salvador’s first Hampton by Hilton Hotel
Bitfinex Securities is El Salvador’s pioneer in digital asset provision. The issuance aims to raise $6.25 million and it offers a 10% coupon over a five-year period, The minimum investment…
DCG settles Genesis Debt, Memeinator’s token presale takes centre stage
Digital Currency Group (DCG) settles Genesis debt. Besides settling Genesis’s debt, DCG has repaid a total of $1B to its creditors. Memeinator’s MMTR token presale has raised $3.2M in its…
On-chain debt securities marketplace Obligate launches on Base
On-chain debt securities marketplace Obligate launches on Base Obligate is a Swiss-regulated on-chain bonds platform, while Base is an Ethereum layer-2 scaling platform launched by Coinbase. Deployment on Base will…
Metacade surpasses $0.024 as crypto market rallies after debt ceiling agreement
Key takeaways MCADE is up by more than 13% over the last seven days and is now trading above $0.024. The rally comes as the crypto market recovers thanks to…
LTC, ARB and MATIC price outlook amid US debt limit “tentative” deal
LTC bulls need to break above $93, a key hurdle below the psychological level of $100. MATIC must reclaim $1 to target the $1.30-$1.50 range, or risk dip to $0.75.…
Metacade price and the debt ceiling impasse opportunity
Credit rating agencies are watching the ongoing debt ceiling debate in Washington. Fitch placed the US into a rating watch negative area. The debt ceiling crisis is creating a good…