Search

Nalezeno "Debt Restructuring": 15

Nigerian Crypto Exchange Patricia Implements Debt Restructuring Using Convertible Notes – What's Going On?

23.10.2023
Patricia, a Nigerian crypto exchange, is embarking on a significant debt restructuring initiative, offering customers the option to convert owed funds into Patricia shares. The company recently introduced Patricia Tokens (PTK), which it has now made available to customers for this purpose.... Read...

Patricia exchange CEO announces debt restructuring via convertible notes

21.10.2023
Patricia's CEO also revealed that these shares will be managed by a Securities Exchange Commission (SEC)-licensed trusted third-party trustee to ensure complete transparency

Bankrupt Crypto Exchange FTX Continues to Explore Potential Relaunch, Court Records Reveal

23.5.2023
Recently submitted court records in the FTX insolvency case reveal that the exchange’s new CEO, John Ray III, has been exploring a revival plan for the now-disabled trading platform and the “preliminary formation of restructuring strategies.” FTX’s Revival Prospects Surface...

Zambia’s crypto regulation tests to be wrapped by June: Report

13.4.2023
According to Zambia’s tech minister, Felix Mutati, the country needs digital identities and other necessary digital infrastructures before it introduces crypto

Report: Zambian Currency Poised for First Quarterly Decline Since 2020

4.4.2023
The Zambian kwacha, one of the best-performing currencies in 2022, is now expected to see its first quarterly decline in nearly two years. The Zambian leader Hakainde Hichilema claimed that stalled debt restructuring negotiations are adding to pressure against the local currency. Zambia’s...

Casting Stones From a Glass House: Yellen’s Comments on Zambia’s Debt Restructuring Draw Criticism From Chinese Embassy

24.1.2023
The Chinese embassy in Zambia denounced the United States over its debt limit and the “extraordinary measures” Treasury secretary Janet Yellen has implemented to stave off a U.S. debt default. Yellen said on Monday that it was very important that Zambia restructure its debt, but Zambia...

Bitcoin Miner Stronghold Continues Debt Restructuring With Convertible Preferred Share Issuance

3.1.2023
The miner, which runs coal-powered plants in Pennsylvania, has been reducing its debt since the summer

Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIG

20.12.2022
The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an announcement published on Tuesday. According to the non-binding term sheet agreement, NYDIG will obtain 2.8 exahash per second (EH/s) of Greenidge’s mining capacity...

Bitcoin miner Greenidge signs $74M debt restructuring agreement with NYDIG

20.12.2022
The deal, if executed, would essentially restructure the company into a hosting firm for Bitcoin mining rigs

Bitcoin Miner Greenidge Reaches Debt Restructuring Deal With NYDIG as Bankruptcy Looms

20.12.2022
Under the deal for restructuring $74.7 million of debt, Greenidge will host NYDIG's new machines

News Summary: Indian CBDC Pilot to Launch Within a Month, Three Arrested for Major Crypto-related Crimes, EQONEX Files for Debt Restructuring

22.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: News Summary: Indian CBDC Pilot to Launch Within a Month, Three Arrested for Major Crypto-related Crimes, EQONEX Files...