Tech platform MicroCloud Hologram plans $200m BTC purchase
MicroCloud Hologram, a Nasdaq-listed technology service provider, plans to buy up to $200 million of Bitcoin or other digital assets. Specifically, MicroCloud Hologram is eyeing Bitcoin (BTC), or its derivatives. It will also look at securities derivatives of other digital assets. The company announced the initiative on Feb. 10, revealing in a press release that […]
THORChain approves plan to restructure $200M debt
THORChain’s node operators approved a plan to convert $200 million in debt into equity tokens, but community members are raising concerns over its long-term viability. Source link
Trump’s CBDC ban to boost crypto adoption, Musk’s dad plans $200M memecoin raise: Finance Redefined
Trump’s executive order may be a “game-changer” for institutional crypto adoption, signaling a presidential bet on the existing crypto ecosystem. Source link
THORChain suspends network to address $200M debt
On Jan. 24, THORChain announced via X that it had paused its network due to excessive debt and leverage issues impacting its ecosystem. The platform owes nearly $200 million in ecosystem debt. In DeFi, ecosystem debt occurs when a blockchain owes more tokens than it holds, as seen with THORChain’s current situation. This often results […]
Over $200m liquidated in an hour as BTC drops below $100k
The cryptocurrency market saw a sharp surge in liquidations after Bitcoin’s price unexpectedly fell below $100,000 on Jan. 7 during early U.S. trading hours. According to Coinglass data, approximately $206 million in crypto positions were liquidated within an hour, following… Source link
BC Game celebrates loyalty with $200m BC token airdrop
The BC token distribution rewards loyal players, offering exclusive bonuses and access to platform benefits during the event period. To reward its most devoted and active players, BC.GAME has issued a $200 million airdrop of its native coin, BC. The event, which takes place between Dec. 25, 2024, and Jan. 1, 2025, emphasizes the platform’s […]
