Tag: defaults

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Astra defaults on debt agreement, may not be able to raise needed cash

Astra defaults on debt agreement, may not be able to raise needed cash

The company's LV0010 rocket stands on the launchpad at Florida's Cape Canaveral ahead of the NASA TROPICS-1 mission.AstraStruggling space company Astr [...]
High interest rates, economic uncertainty boost corporate defaults

High interest rates, economic uncertainty boost corporate defaults

Federal Reserve Board Chairman Jerome Powell departs after speaking during a news conference following the Federal Open Market Committee meeting, at t [...]
Debt Ceiling Blues, Part 79. What Happens if the US Defaults?

Debt Ceiling Blues, Part 79. What Happens if the US Defaults?

US Debt Ceiling, US Dollar, US Default, US Treasury, Janet Yellen – Talking Points:The US Government has reached its borrowing limitThere should be a [...]
Crypto Firm Orthogonal Trading Said to Be in Provisional Liquidation After Maple Defaults

Crypto Firm Orthogonal Trading Said to Be in Provisional Liquidation After Maple Defaults

Orthogonal defaulted on $36 million of loans on decentralized finance (DeFi) protocol Maple Finance earlier this month after it misrepresented its los [...]
Terra-Victim Invictus Capital Defaults on $1M TrueFi Loan

Terra-Victim Invictus Capital Defaults on $1M TrueFi Loan

This is the second uncollateralized loan to default on TrueFi within a month following Korea-based Blockwater’s failure to repay its $3 million debt o [...]
Celsius Network defaults on payments to Core Scientific, causing financial unrest

Celsius Network defaults on payments to Core Scientific, causing financial unrest

Crypto lender Celsius Network's legal journey has gained another chapter as Bitcoin miner Core Scientific accused the company of refusing to pay its b [...]
Crypto Investment Firm Blockwater Technologies Defaults on DeFi Loan

Crypto Investment Firm Blockwater Technologies Defaults on DeFi Loan

The South Korea-based crypto investment firm failed to make a payment on a $3.4 million loan to TrueFi, a decentralized lending protocol. www.coindes [...]
Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market

Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market

At the height of the market, when bitcoin was over $60,000, companies were purchasing miners at $90, $100 and even more per terahash, Bulovic said. Th [...]
Mali blames sanctions for $31 million in bond defaults

Mali blames sanctions for $31 million in bond defaults

The defaults add to mounting troubles for Mali, which has experienced two coups since August 2020 and has struggled for years to stem an Islamist ins [...]
Moody’s says Chinese company bond defaults will continue

Moody’s says Chinese company bond defaults will continue

> Moody's says Chinese company bond defaults will continue CNY A dour report from the rating agency. Eamo [...]
Bitcoin Dips as China’s Evergrande Defaults; Altcoin Outperformance Could Fade

Bitcoin Dips as China’s Evergrande Defaults; Altcoin Outperformance Could Fade

“As of recent weeks, bitcoin has surfaced more like a risk asset – correlations against U.S. equities spike above 0.6 the past few days alongside t [...]
Bitcoin dips below $50K as Evergrande defaults on US dollar debt

Bitcoin dips below $50K as Evergrande defaults on US dollar debt

Bitcoin (BTC) kept $50,000 as a focus on Dec. 9 as consolidation on BTC/USD continued to avoid last week's lows.BTC/USD 1-hour candle chart (Bitsta [...]
Huge banks put aside billions for potential mortgage defaults

Huge banks put aside billions for potential mortgage defaults

“This isn't a traditional recession,” CEO Jamie Dimon mentioned, pointing to authorities help applications which have helped enhance earnings and [...]
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