TrueFi Issues Default Notice to Blockwater Over $3.4 Million BUSD Loan
VC firm Blockwater Technologies has come up short on a loan it took out with DeFi project TrueFi, joining a long list of troubled crypto companies.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
HIVE’s $84.7 million Swedish tax provision eclipsed revenue even as Bitcoin output hit a record
HIVE Digital Technologies booked an $84.7 million non-cash Swedish tax provision tied to contested VAT exposure after adverse cour...
Strategy raised $334 million from MSTR shareholders last week — Bitcoin got none of it
Strategy (formerly MicroStrategy) directed all $333.7 million raised from common-stock sales last week toward preferred-stock obli...
Cypherpunk Technologies launches Zcash mining fleet with $33 million Winklevoss deal
Cypherpunk Mining is online as of today with roughly 4.2 GSol/s of Equihash hashrate deployed across the US.
This public company now controls 18% of Zcash mining power after $33 million Winklevoss-linked deal
Cypherpunk Technologies acquired roughly 18% of Zcash’s mining power in a $33.33 million equity deal that could dilute shareholder...
SEC's New Crypto Rule Lets Tokens Raise $75 Million And Eventually Stop Being Securities
The SEC’s proposal makes it easier for crypto projects to raise money in the US and sets out a safe harbour under which a token ca...
Visa Seeks New Stablecoin Settlement Partner After Mastercard Buys Payments Firm BVNK
Visa is taking bids for a new stablecoin settlement partner after Mastercard bought the firm that had been filling the role, accor...