ChainCatcher news, Bitcoin mining company Hut8 repaid approximately $38 million of its loan balance obtained from Anchorage Digital through stock conversion. Anchorage Digital converted the debt into common stock at a price of $16.395 per share.Hut8's remaining debt includes $150 million in convertible notes agreed upon with Coatue Management in June, specifically for the company's expansion into the artificial intelligence computing market.

ChainCatcher news, regarding the matter that "Curve founder Michael Egorov's address has been liquidated for 2.67 million CRV on UwULend," Egorov himself responded on social media, stating that due to a previous hacking incident, there are currently no CRV tokens available in the UwULend protocol to support uCRV (the CRV deposit receipt token of UwULend). Although the liquidator obtained uCRV through liquidation, they can only withdraw CRV from the protocol after purchasing CRV on UwULend and repaying the bad debt. In this way, Egorov will also be able to withdraw the remaining deposits.Egorov further stated that the current situation is that no one can withdraw funds from the hacked platform (UwULend) before the platform repurchases the funds (such as CRV, etc.).

ChainCatcher news, according to Bloomberg, more than 80 former individual clients of FTX have submitted letters to oppose a plan that ties the value of their digital assets to the date FTX filed for bankruptcy (November 11, 2022) and pays claims in dollars instead of returning cryptocurrency. Robert Shearer from Bronxville, New York, wrote in an objection: "The Bitcoin and Ethereum I held on FTX before the collapse were purchased nearly a decade ago. Simply put, I have no intention of selling at the market's lowest price."Since the bankruptcy, a team of bankruptcy experts led by FTX's Chief Restructuring Officer John J. Ray III has been working to recover as much cash and crypto assets as possible. The team has obtained court approval to sell the cryptocurrencies held on the platform to create a multi-billion dollar fund that can be returned to customers. The amount of each customer's claim will be based on the price of the cryptocurrencies they held on the FTX platform when the company filed for Chapter 11 in Wilmington, Delaware. Court records show that for Bitcoin holders, this means they will be owed $16,871 for each Bitcoin they hold.The FTX bankruptcy team argued in court documents that calculating the precise value of each customer's digital portfolio is impractical due to the excessive number of claims. In the coming months, a payment plan will be submitted to creditors for a vote and then presented to U.S. Bankruptcy Judge John Dorsey for final approval. An official committee representing creditors, along with a group that includes several large cryptocurrency holders, has agreed to the general framework of the plan.

ChainCatcher news, Microstrategy co-founder Michael Saylor tweeted that MicroStrategy repaid its $205 million Silvergate loan at a 22% discount. The company borrowed $205 million from Silvergate Bank last March. As part of the loan repayment, 34,619 Bitcoins held as collateral were returned to MicroStrategy for safekeeping.As of March 23, 2023, MicroStrategy, along with its subsidiaries, holds approximately 138,955 Bitcoins, with a total acquisition cost of about $4.14 billion and an average purchase price of approximately $29,817. (source link)