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Crypto Briefing is a leading independent crypto media organization delivering relevant news and in depth research to those who are serious about cryptocurrency and web3. Since 2017, our team of crypto experts have provided unbiased reviews, breaking news, forward-looking market analyses, and comprehensive research to h
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News
World's governments face $2T debt-servicing burden as borrowing costs hit two-decade highs
4+ day, 23+ hour ago (421+ words) OECD countries are now spending roughly 3% of their collective GDP just to service debt, with the US alone carrying a record $40 trillion in public obligations The world’s richest governments are now spending more than $2 trillion a year just to keep…...
Console Visa card just cleared its first real-world payment — access is now opening wider
1+ week, 5+ day ago (298+ words) The Console Visa card has cleared its initial round of testing and is now rolling out to a broader group of users. It’s the first card built on Canton that lets holders spend Canton Coin directly in everyday life. For…...
GlobalFoundries secures $1.5B credit facility led by JPMorgan, maturing in 2031
2+ week, 2+ day ago (236+ words) The chipmaker's new revolving credit line bolsters an already strong liquidity position as the semiconductor industry navigates a turbulent macro environment GlobalFoundries has locked in a new $1.5 billion credit facility with JPMorgan at the helm, giving the semiconductor manufacturer fresh…...