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The asset management giant and prolific real estate investor sought an extension from the bondholders to repay the debt, but they voted against it, the report said on Thursday, citing people familiar with the matter.

The largest token sank as much as 6% before paring some of the slide to trade 4.4% lower at $22,380 as of 8:30 a.m. Friday in London. Smaller coins such as Ether, Avalanche and the meme token Dogecoin also suffered declines.

We all know that blockchain was launched as a distributed ledger for Bitcoin transactions, but it turned out to be more than just that. Since 2014, blockchain has given birth to many new inventions beyond Bitcoin.Since then, Blockchain use cases have exploded with the launch of new cryptos, non-fungible tokens (NFTs), smart contracts, and DeFi applications

Atlanta Fed President Raphael Bostic said on Thursday the impact of higher U.S. rates on the economy may only begin to "bite" in earnest this spring, an argument for the U.S. central bank to stick with "steady" quarter-point rate increases.Despite gold being known as an inflation hedge, rising interest rates raise the opportunity cost of holding zero-yielding bullion and make it a less attractive bet

The U.S. 10-year Treasury yield fell on Friday after touching a four-month high in the previous session but stayed above the 4% level.

The revisions also come on the heels of remarks by ECB governing council member and Belgian national bank governor Pierre Wunsch on Friday that the ECB could consider raising its key interest rate to as high as 4% if underlying inflation remains persistently high

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The yen, which is particularly sensitive to U.S.-Japanese long-term interest rate differentials, looked set to halt its six-week losing streak against the dollar, as it gained strength with 10-year U.S. yields retreating from a nearly four-month high close to 4.1%

ET Markets has identified 7 stocks from the BSE universe with a market cap exceeding Rs 1,000 crore that reduced their debt by 25% or more in FY22 compared to the previous year

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