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WeWork Down 97% Over a Year as Firm Reportedly Heading for Bankruptcy
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WeWork Down 97% Over a Year as Firm Reportedly Heading for Bankruptcy

WeWork's shares are down 40% in Wednesday's premarket after reports revealed the company plans to file for bankruptcy next week.

November 01, 2023
Blocking Crypto Mining Tax “One of the Victories” in Debt Deal: Congressman

Blocking Crypto Mining Tax “One of the Victories” in Debt Deal: Congressman

The US debt deal has scrapped a crypto tax rule that called for a whopping 30% tax on the electricity used by miners.

May 30, 2023
Circle Rebalances its Treasury Holdings as Risk of US Default Looms

Circle Rebalances its Treasury Holdings as Risk of US Default Looms

Circle no longer holds Treasuries maturing beyond early June.

May 11, 2023
Bhutan’s Sovereign Fund Defaulted on BlockFi Debt, According to Report

Bhutan’s Sovereign Fund Defaulted on BlockFi Debt, According to Report

DHI claims it has "settled" the $30m loan from BlockFi, though it remains unclear whether the loan was paid back in full.

April 17, 2023
El Salvador’s 2027 Bond Down 59% YTD: Can Bitcoin Be a Saviour?

El Salvador’s 2027 Bond Down 59% YTD: Can Bitcoin Be a Saviour?

Morgan Stanley believes El Salvador's bonds could bounce back to 44 cents on the dollar by year-end.

July 20, 2022