MicroStrategy Incorporated announced plans to privately offer $700 million worth of convertible senior notes due 2028, subject to market conditions, according to a Sept. 16 press release. The company also expects to grant an option to purchase an additional $105 million in notes to initial buyers within a 13-day period…
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Bhutan fourth largest Bitcoin holder among countries with 13,029 BTC stash
The Royal Government of Bhutan holds 13,029 Bitcoin (BTC), worth roughly $755 million at current prices, according to on-chain data gathered by Arkham Intelligence. Additionally, wallets tied to the Himalayan kingdom hold 656.013 Ethereum (ETH), worth approximately $1.5 million. Fourth among governments According to CoinGecko data, governments held 2.2% of…
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TRON DAO Featured as Title Sponsor at KBW, Showcases Growing Meme Coin Ecosystem
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva, Switzerland – September 16, 2024 – TRON DAO took center stage as a Title Sponsor at Korea Blockchain Week (KBW), an annual global blockchain and Web3 festival in Seoul, South…
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Crypto custody is a growing market that could flourish if Trump wins
Hackers and fraudsters are attracted to crypto like flies to honey. This makes crypto custody a high-stakes business, as opposed to custodying traditional assets like stocks and bonds, which is considered to be a crucial but fairly straightforward job. The high stakes come with the high risk of safeguarding crypto,…
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Circle CEO claims US is on the path to becoming the “decisive leader” in crypto
The U.S. is at a “turning point” in crypto, and about to become “THE decisive leader” in nurturing the technology, Jeremy Allaire, CEO of stablecoin issuer Circle, wrote in an X post on Friday. Allaire said that several people “complain” that the U.S. government is hostile to the cryptocurrency industry.…
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SBF files appeal seeking to reverse conviction over allegations of judicial bias
Sam Bankman-Fried (SBF), co-founder of the collapsed crypto exchange FTX, has filed an appeal challenging his fraud conviction on Sept. 13, arguing that the trial was tainted by judicial bias and procedural errors. The appeal, submitted to the Second Circuit Court of Appeals on Sept. 13, alleged unfairness during the…
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92% of Bitcoin exchange inflows come from short-term holders
Available exclusively via Bitcoin’s historical performance: September dips and year-end rallies Andjela Radmilac · 4 days ago CryptoSlate’s latest market report dives deep into Bitcoin’s historical monthly and quarterly returns, focusing on the period between 2013 and 2024 to assess the likelihood of a similar pattern unfolding in 2024.
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Blockchain gaming sets new record with 4.2 million daily active users in August
Blockchain gaming has reached a new milestone with 4.2 million daily active users in August, according to a recent DappRadar report. The web3 gaming industry saw a 5% increase in daily unique active wallets (dUAW) last month despite falling to second place in terms of the most active crypto sector amid the…
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US lawmaker proposes joint CFTC-SEC committee to unify digital asset regulations
Congressman John Rose has proposed a new bill to streamline digital asset regulations by creating a Joint Advisory Committee co-managed by the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). The BRIDGE Digital Assets Act, introduced in the House, aims to foster collaboration between the two…
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FTX’s Ryan Salame faces sanctions after perjury admission
Former FTX executive Ryan Salame faces potential sanctions after admitting to making false statements during his 2023 guilty plea for campaign finance and money-transmitting crimes. US District Judge Lewis Kaplan, overseeing the case, expressed concerns about Salame’s earlier testimony, where he denied any promises made by prosecutors to secure his…