The proceeds will be used to pay off $500 million in existing debt and to purchase more Bitcoin. MicroStrategy currently holds 244,800 BTC. Source: https://cointelegraph.com/news/micro-strategy-announces-third-debt-offering-2024-plans-raise-700-m?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Bitcoin L2 BOB Launches ‘One-Click’ BTC Staking Solution
BOB (Build on Bitcoin), a hybrid layer two (L2) solution integrating Bitcoin and Ethereum, has launched BOB Stake, a new one-click bitcoin staking product. The platform allows users to stake bitcoin (BTC) and utilize Liquid Staking Tokens (LSTs) across decentralized finance (defi) applications. BOB Introduces One-Click Bitcoin Staking Portal and SDK According to the announcement […] Source: https://news.bitcoin.com/bitcoin-l2-bob-launches-one-click-btc-staking-solution/
Fantom (FTM) price surges 40% in a month — What’s behind the momentum?
Fantom price flashes a classic bullish trading pattern which could extend its month-long double-digit rally. Source: https://cointelegraph.com/news/fantom-ftm-price-surges-40-in-a-month-what-s-behind-the-momentum?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
41 firms join BIS Project Agora to advance unified ledger applications
The large private companies will work with seven central banks on improving structural inefficiencies in international transfers. Source: https://cointelegraph.com/news/bis-project-agora-tokenized-deposits-cdc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Michael Saylor’s MicroStrategy Plans to Raise $700M to Buy More Bitcoin
MicroStrategy, the largest corporate reserve holder of Bitcoin with over $14 billion worth, announced Monday that it plans to buy even more Bitcoin as part of a private offering of $700 million worth of convertible senior notes. The firm said that it will use proceeds from the sale to redeem $500 million in previous senior secured notes that are due…
Qatar Financial Centre Activates Digital Assets Lab
Qatar Financial Center (QFC) has launched its Digital Assets Lab, selecting 24 participants to develop innovative digital solutions using distributed ledger technology. Key partners include Google Cloud, Masraf Al Rayan, The Hashgraph Association, and R3. Lab Participants to Lead Digital Transformation In a move signaling Qatar’s embrace of digital assets, the QFC, the region’s leading […] Source: https://news.bitcoin.com/qatar-financial-centre-activates-digital-assets-lab/
Risc Zero aims to bring blockchain security to ‘any’ off-chain app
Next-gen zero-knowledge proofs are “orders of magnitude” cheaper than existing options, Risc said. Source: https://cointelegraph.com/news/risc-zero-aims-bring-blockchain-security-off-chain-app?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Zynga’s Crypto Gaming Team Just Spun Out and Revealed a New Game
Zynga, the mega mobile and casual game publisher behind FarmVille, has relinquished control of the Sugartown crypto game and its IP. The team that was working on the game has now relaunched as a new independent company, called D20 Labs, picking up where Zynga left off—and has already revealed a brand new game. D20 Labs was co-founded and is led…
Bitcoin price turns shaky ahead of potential Fed rate cut and weak global economic data
Bitcoin price wobbles near $58,000 as uncertainty over the Fed’s monetary policy decision looms and traders eyeball weak economic data in China. Source: https://cointelegraph.com/news/bitcoin-price-turns-shaky-ahead-of-potential-fed-rate-cut-and-weak-global-economic-data?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
New tokens are more likely to win if they find institutional investors
Most of the new tokens launched in 2024 have fared poorly compared to their predecessors. However, institutional investment has helped some succeed. Source: https://cointelegraph.com/news/new-tokens-more-likely-win-institutional-investors?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound