MicroStrategy ups convertible note offering to $700M

MicroStrategy has increased its convertible senior notes offering from an initially planned $500 million to $700 million. The notes will pay 2. 25% interest per year and are due in 2032. According to the company’s statement, investors will be able to convert them into shares of MicroStrategy’s stock. дальше »

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MicroStrategy increases debt offering by 40% to $700 M to purchase more Bitcoin

American software technology firm MicroStrategy has announced the pricing of a new $700 million debt offering due in 2032. The company plans to use the proceeds from this offering to purchase more Bitcoin, continuing its aggressive strategy to add the cryptocurrency to its corporate treasury. дальше »

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MicroStrategy upsizes convertible offering to $700m to buy Bitcoin

MicroStrategy has revealed the pricing of its convertible senior notes offering of $700 million. The announcement comes a day after the company outlined an initial $500 million offering, with this latest press release noting an upsize to $700 million aggregate… дальше »

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Chinese public telecom provider Coolpad Group allocates $13.5m to buy Bitcoin mining rigs

Shenzhen-headquartered telecommunications equipment company Coolpad Group has announced the purchase of $13.5 million worth of crypto mining rigs. Coolpad Group, a public Chinese telecom provider listed on the Hong Kong Stock Exchange, said in a regulatory filing it has allocated… дальше »

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Ripple Invokes Terraform Case In New Filing To Slash SEC Penalties

In the ongoing high-stakes legal battle between Ripple Labs Inc. and the US Securities and Exchange Commission (SEC), the fintech company has submitted a significant notice of supplemental authority to the Southern District of New York. дальше »

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Tesla investors sue Elon Musk for allegedly moving talent, resources to xAI

Tesla shareholders sued CEO Elon Musk and other executives for enriching xAI at the auto company’s expense on June 13. The plaintiffs claimed that xAI, an artificial intelligence firm Musk created in 2023, has poached employees from Tesla, diverted at least $500 million in GPUs from Tesla to X, and used Tesla’s data for xAI […] The post Tesla investors sue Elon Musk for allegedly moving talent, resources to xAI appeared first on CryptoSlate. дальше »

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XRP Ready For Massive Institutional Adoption Amid Ripple’s Latest Acquisition and Stablecoin Push

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MicroStrategy Plans $500 Million Convertible Debt Offering To Snatch Up Even More Bitcoin 

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P2P.org partners with OKX to provide institutional staking services

The staking services company and validator reported that it reached $7.5 billion in total value locked in April.

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Solana Gains Circle Support: Programmable Wallets & NFTs

Circle, the peer-to-peer payments technology company behind the USDC stablecoin, has announced its partnership with the Solana blockchain. This collaboration will enable Circle to broaden its Web3 offerings, including Programmable Wallets and Gas Stations on Solana. дальше »

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Bitcoin is the only decentralized currency, Tether CEO says

The CEO of the company behind the world’s largest stablecoin, Tether (USDT), believes that Bitcoin is the only unstoppable cryptocurrency. дальше »

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Stablecoin Giant Paxos Shocks With 20% Workforce Slash

Paxos, a key player in the cryptocurrency industry, has caused a stir with an unexpected move. The company recently laid off approximately 20% of its staff, roughly 65 employees. This decision, however, appears to be part of a calculated gamble rather than a sign of financial distress. дальше »

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MicroStrategy to buy more Bitcoin after raising $500m

MicroStrategy is looking to offer $500 million worth of convertible senior notes, with proceeds used to purchase additional Bitcoin (BTC), the company announced on Thursday. Notes mature in 2032. On Thursday, MicroStrategy revealed plans to offer qualified institutional buyers the… дальше »

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MicroStrategy issues $500M in convertible notes to buy more Bitcoin

MicroStrategy is set to offer $500 million in convertible senior notes due in 2032 to finance more Bitcoin acquisitions. This private offering targets qualified institutional buyers and seeks to bolster the company’s resources amid volatile market environments. дальше »

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Paxos Cuts 20% of Staff: Reports

Bloomberg report says the company will have an increased focus on tokenization. дальше »

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Joe Biden’s Administration Sues Coinbase Yet Needs It For Crypto Donations

Biden’s team plans to accept crypto donations via Coinbase despite the ongoing lawsuit between the administration and the company. The post Joe Biden’s Administration Sues Coinbase Yet Needs It For Crypto Donations appeared first on BeInCrypto. дальше »

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Riot says ‘poison pill’ adopted by Bitfarms conflicts with ‘legal and governance standards’

Riot Platforms says the company “will continue to push” to address the “serious corporate governance issues” at Bitfarms despite the recently adopted “poison pill.” The Rights Plan (commonly referred to as a “poison pill”), which was adopted by Canadian Bitcoin… дальше »

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Circle Launches 2-Phase Solana Integration With Major New Features

Peer-to-peer payments company and stablecoin (USDC) issuer Circle has announced its integration with the Solana (SOL) blockchain, bringing several important new features to its Web3 services.  According to Wednesday’s announcement, the strategic move will enable Circle to offer programmable wallets and gas stations and allow developers and businesses to build and launch on-chain applications. Advantages […] дальше »

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Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’

Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin market, Bloomberg reported on June 12. In an email that notified employees of the change, Paxos CEO Charles Cascarilla said the staff reduction will allow the company to “best execute on the massive opportunity ahead in tokenization […] The post Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’ appeared first on CryptoSlate. дальше »

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Terra community to own chain after TFL wind-down; Coinbase exec slams SEC settlement

Terraform Labs CEO Chris Amani said Terra will become a community project as the company winds down following a $4. 5 billion SEC settlement. Amani wrote on June 12 that the community must “take over ownership of the chain. дальше »

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Circle launches Programmable Wallets and Gas Station on Solana

Circle has expanded its Web3 Services, adding support for Solana, the company said in an announcement. Circle’s Web3 Services empower businesses and developers looking to launch on-chain apps. To bring these benefits to Solana, Circle is launching its Programmable Wallets… дальше »

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Terraform Labs Reaches $4.47 Billion Settlement With US SEC

Terraform Labs, the company at the center of a significant collapse in 2022, has agreed to pay a substantial settlement of $4. 47 billion to resolve a civil lawsuit filed by the US Securities and Exchange Commission (SEC). дальше »

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Tether to reveal new product line as part of $1 billion investment strategy

Tether CEO Paolo Ardoino revealed that the company would launch a new class of digital asset products on June 17. He wrote on social media platform X: “After a year of hard work, Tether will unveil its new class of digital assets products on Monday 17th June. дальше »

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ProShares files S-1 for spot Ethereum ETF, expands on BNY Mellon and Coinbase roles

ProShares filed an S-1 registration statement for its spot Ethereum ETF on June 11, confirming and expanding on the roles of various fund participants. According to the filing, Coinbase Credit will serve as the company’s trade credit lender, allowing it to borrow Ethereum (ETH) and cash for certain transactions that exceed its trading balance. дальше »

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Tether Unveils $1 Billion Warchest For Deals And Investments In Key Markets

Stablecoin issuer Tether and its investment arm, Tether Investments, have revealed their intention to allocate more than $1 billion to various investment opportunities over the next 12 months.  According to a Bloomberg report, Paolo Ardoino, Chief Executive Officer behind the USDT stablecoin, shared insights into the company’s next investment strategies and areas of focus in […] дальше »

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Crypto Security Risk? Elon Musk Ban oO Apple Devices Looms If They Embrace OpenAI

In a shocking turn of events that has stirred the tech and crypto communities, business mogul and the Chief Executive Officer (CEO) of SpaceX and Tesla, Elon Musk has issued a stark warning to tech company Apple, threatening to forbid Tesla from using Apple devices if the tech giant integrates OpenAI into its operating system. […] дальше »

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Ripple Completes Standard Custody Acquisition, Appoints New Stablecoin Lead

Ripple has officially finalized its acquisition of Standard Custody & Trust Company, a regulated entity providing high-grade digital asset custody solutions. This acquisition, first announced earlier this year, has received the green light from all necessary regulatory bodies, including the New York Department of Financial Services (NYDFS), which oversees the operation of limited-purpose trust companies. […] дальше »

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The Future of Finance: Digital Holdings Group’s Vision for Sustainable Bitcoin Mining The Future of Finance:

As the cryptocurrency market continues to mature, Bitcoin mining—once criticized for its environmental impact—is undergoing a transformative shift toward sustainability. Leading this change is Digital Holdings Group (DHG), a company that has significantly scaled its operations and committed to pioneering sustainable technologies in the crypto mining sphere. дальше »

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DeFi Technologies to stake $100 million in BTC on Core Chain

DeFi Technologies, a publicly listed Canadian fintech firm, is set to stake over $100 million worth of BTC on Core Chain. According to the company’s June 11 announcement, 1,498 BTC will be staked on the network. дальше »

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Ripple bids for dominance in Asia with new blockchain fund

Ripple is eyeing further growth in the Asia-Pacific region with a new fund for Japan and Korea. The company announced on Tuesday that the XRPL Japan and Korea Fund will target blockchain innovation across the region via the XRP Ledger.… дальше »

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Ripple acquires NYDFS-regulated custodian Standard Custody

According to a June 11 statement, Ripple has completed the acquisition of Standard Custody & Trust Company, a licensed digital asset custodian. The firm initially revealed its intention to acquire the firm in February but finalized the deal earlier today after receiving the appropriate regulatory approval. дальше »

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Crypto Exchange Crypto.com Secures Spot on Ireland's Virtual Assets Service Provider Register

The company has also received approval in Dubai, U.K., the Netherlands and Spain. дальше »

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Ripple finalizes acquisition of Standard Custody

Ripple has completed the acquisition of Standard Custody & Trust Company, according to a news release published on Tuesday. The news comes months after Ripple revealed its intention to acquire the regulated digital assets custody solution. дальше »

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Meme Sector Sees Sharp Sell-off as GameStop Losses Extend to 60%

A Solana meme parody of the actual company was down 25% in the past 24 hours, with steep losses across other meme tokens that tended to move in tandem with GameStop. дальше »

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Fireblocks expands connectivity by joining forces with Coinbase International Exchange

Fireblocks, a digital asset custody and transfer company, just announced an expansion of its exchange connectivity by blending its support for Coinbase International Exchange.  Retail and institutional clients of Fireblocks will have an improved ability to manage their futures and… дальше »

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DeFi Technologies shares spike 15% in a day after it adopts Bitcoin treasury strategy

Quick Take DeFi Technologies Inc. , a public company traded on CBOE Canada (DEFI), has made a strategic decision to adopt Bitcoin as its primary treasury reserve asset, purchasing 110 Bitcoin, according to Newswire. дальше »

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Yet Another Public Company Buys Bitcoin

DeFi Technologies has become the latest publicly traded company to adopt Bitcoin as its primary reserve asset дальше »

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Rapper Iggy Azalea says MOTHER token can be used to buy smartphones and cell plans

The memecoin will allow holders to purchase smartphones and mobile phone subscriptions. Azalea announced that MOTHER token holders will soon be able to purchase phones or monthly cell plans from her Australian telecommunications company called Unreal Mobile using the token… дальше »

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Nvidia outperforms Apple by 25x, ahead of 10-to-1 stock split

While stock splits are a sign of confidence in a company’s future performance, they could introduce significant price volatility after the event. дальше »

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Bitfarms adopts ‘poison pill’ amid Riot Platforms’ takeover attempt

Bitfarms has adopted a shareholder rights plan to protect its strategic review process from Riot Platforms’ takeover attempts. Bitfarms, a Toronto-headquartered Bitcoin mining company, announced in a Jun. дальше »

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Iggy Azalea’s MOTHER memecoin surges 30% on mobile company announcement

The memecoin will allow holders to purchase smartphones and mobile phone subscriptions in the newly relaunched company.

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Ahmad Shadid resigns as CEO of io.net

Before stepping down as CEO, Ahmad Shadid reflected on the company’s rapid growth and highlighted how io.net became one of the fastest-growing decentralized AI companies globally. дальше »

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Former Ripple Director Urges Company to Make New Acquisition

Ripple's ex-high-ranking executive shares his take on evolvement strategy Ripple should adopt now дальше »

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Bitget Enriches VIP Access with Expanded Services and Perks

Victoria, Seychelles, June 8th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, is excited to announce significant upgrades to its VIP levels and perks, aimed at providing more flexible, considerate, and exclusive benefits for a broader range of users. дальше »

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Crypto Marketplace Bakkt Considers Potential Breakup Or Sale As Market Recovers

Bakkt Holdings, the digital-asset marketplace launched by the parent company of the New York Stock Exchange (NYSE), is reportedly considering a potential sale in light of increased takeover activity within the crypto industry. дальше »

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Bakkt shares slide as company explores sale or breakup options

Bakkt Holdings shares have declined following reports that the company was exploring strategic options, including a potential sale or breakup of its operations. On June 7, Bloomberg, citing people familiar with the matter, reported that the company had begun working with a financial advisor to assess these possibilities. дальше »

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New York Stock Exchange-backed Bakkt considers sale — Report

Insiders, who spoke to Bloomberg, say a breakup of the company, a sale, or the decision to maintain its current structure are all on the table. дальше »

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Ripple Fully Ready to Launch Stablecoin: Middle East and Africa Managing Director

Ripple's top executive has clarified why company expects its future stablecoin to succeed on market дальше »

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Worldcoin Survey Reveals Nearly 90% Of Spanish Users Support Its Return

Worldcoin (WLD) recently faced more regulatory scrutiny after halting its operations in Spain. Its developer, Tools For Humanity (TFH), has agreed to extend the operational pause in the country as part of the ongoing investigation regarding the company’s data collection and processing. дальше »

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When Is An XRP ETF Coming? Ripple President Joins The Conversation To Provide Answers

Ripple President Monica Long has shed light on the potential launch of an XRP ETF, clarifying the crypto payment company’s stance on the subject. She addressed the growing interest within the market, stating that the introduction of an XRP ETF would be a reasonable progression. дальше »

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