‍Argo Blockchain Undergoes Restructuring, Creditor Takes Control Crypto miner Argo Blockchain is undergoing a significant restructuring, with its largest lender, Growler Mining, effectively taking control through a debt-for-equity swap. This move will result in existing shareholders holding only 2.5% of the company's equity. Argo stated it would be insolvent without this plan, filed under Project Triumph. Growler Mining will convert $7.5 million in loans and provide new funding for 87.5% of equity. Bondholders will receive 10%. The company will delist from the London Stock Exchange and focus on its Nasdaq listing, contingent on compliance and a reverse stock split. The restructuring addresses operational challenges, including aging mining machines and high energy costs, aiming to inject capital and modernize assets.

Cryptovka

Creditor Takes Control: Argo Blockchain

Embattled crypto miner Argo Blockchain is undergoing a significant transformation as its largest lender, Growler Mining, executes a bold debt-for-e...

‍MEXC Launches ENA Extravaganza with $1M Prize Pool and Zero Fees MEXC announces the ENA Extravaganza, a month-long event offering participants a chance to win from a $1 million prize pool, zero trading fees on ENA spot and futures, and staking rewards of up to 600% APR. The initiative aims to reward users and support the Ethena ecosystem, with MEXC Ventures having previously invested $66 million in Ethena. Key events include zero-fee ENA trading, an ENA Spinfest with a $100,000 prize pool, high-APR ENA staking for new users, deposit and trade rewards totaling 100,000 USDT, and futures trading bonuses of 200,000 USDT. The event runs from October 21 to November 20, 2025. Advanced KYC is required for staking rewards.

Cryptovka

MEXC Unleashes ENA Extravaganza: $1 Million Prizes, Zero Fees & Up to 600% APR!

MEXC, a leading global cryptocurrency exchange, has announced the launch of the highly anticipated ENA Extravaganza in collaboration with Ethena....