Texas approves debtor-in-possession financing plan for BTC miner Rhodium
Rhodium filed for Chapter 11 with debts of up to $100M and assets of up to $500M. The debtor-in-possession financing plan is offered by Galaxy Digital. Galaxy Digital offers Rhodium a $30M loan or 500 BTC with a 9.5%-14.5% interest. Rhodium Enterprises, a Texas-based Bitcoin mining firm, has recently garnered significant attention following its Chapter […]
Tether and City of Lugano launch Plan Business Hub celebrating Plan’s anniversary
The Plan Initiative was launched on March 03, 2022. The main objective of the Plan was to scale Lugano’s blockchain capabilities. Tether and the City of Lugano have launched the Plan Business Hub to celebrate the first anniversary of the Plan. It is now a year since the Plan Initiative was launched in the city […]
Tron token making slow but sure gains amid plan to empower “elite” startups
Tron token rose by 1.72% on Wednesday. TRX gains come amid news that Tron was supporting startup blockchains. TRX could continue to surge up to a descending trendline. Tron (TRX/USD) is emerging from the ruins of a bearish breakout that sent the token spiralling to $0.045. The cryptocurrency recorded intraday gains of 1.72% and traded […]