AAVE processes $210m in liquidations without accumulating additional bad debt
Decentralized lending protocol Aave has successfully processed $210 million in liquidations without adding to its existing bad debt. Data from Chaos Labs shows that following Monday’s flash crash, which wiped out roughly $2.2 billion in crypto market value, the extreme market volatility led to a sudden spike in liquidations across the protocol. The liquidations summed […]
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
MicroStrategy announces debt buyback amid potential tax on BTC gains
According to data from SaylorTracker, MicroStrategy shares are currently trading at a net asset value (NAV) of 1.86x. 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 […]
$36T US debt ceiling signals Bitcoin correction after Trump inauguration
The near two-month debt issuance suspension period could signal lower global liquidity, which may affect Bitcoin’s price leading into March. Source link
MicroStrategy’s Bitcoin debt loop: Stroke of genius or risky gamble?
Critics call it heedless; supporters say it’s brilliant. Either way, Michael Saylor continues doubling down on Bitcoin. Source link
US Bitcoin reserve could slash national debt 35% by 2049: VanEck
VanEck has said a US Bitcoin reserve could majorly slash the national debt if the cryptocurrency grows to $42.3 million a coin by 2049. Source link
Ray Dalio predicts global debt crisis, backs Bitcoin, gold
Bridgewater Associates founder Ray Dalio referred to Bitcoin as a hard asset, saying he would choose BTC and gold over debt assets. Source link
How crypto could save the US from a debt crisis
Crypto could stave off the U.S. debt crisis, according to Former House Speaker Paul Ryan in his recent op-ed published in the Wall Street Journal. Ryan argues that America’s $35.46 trillion and rising debt threatens the U.S. dollar’s status as a global reserve currency. Stablecoins could delay the crisis as they emerge as purchases of […]
