On November 22, Michael Saylor, Executive Chairman of MicroStrategy, announced the successful completion of the company's offering of convertible senior notes, set to mature on December 1, 2029. MicroStrategy netted approximately $2.97 billion in proceeds from the sale of...
BingX, a leading global cryptocurrency exchange, has launched its Spot Innovation Zone, a new trading platform to provide users access to emerging and trending tokens. This initiative comes when market sentiment improves, with a growing interest in meme coins...
Bitcoin mining company Canaan has entered into a joint mining agreement with Texas-based crypto miner Luna Squares as part of its strategy to achieve a mining capacity of 10 exahashes per second (EH/s) by mid-2025. According to a November...
U.S.-based crypto exchange Gemini has officially launched operations in France, marking a significant milestone in its European expansion. The exchange announced in a recent press release that French users could now create accounts and trade or store more than...
Crypto payment service provider Bit.Store has announced a strategic partnership with Conflux Network, a blockchain platform known for its high-performance decentralised technology. This collaboration aims to enhance the real-world use of Conflux’s native token, CFX, by integrating it into...
In a coordinated effort, the U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DoJ) have settled charges with BIT Mining, formerly known as 500.com, for violations of the Foreign Corrupt Practices Act (FCPA) related to a...
The local branch of Seychelles-based crypto exchange OKX has introduced fee-free deposits and withdrawals of Singapore dollars (SGD) for customers in Singapore, using the country's payment systems PayNow and Fast and Secure Transfers (FAST). The announcement, made on Monday,...
Tether has launched a new platform that allows businesses and individuals to tokenize a range of real-world assets, including stocks, bonds, equities, loyalty points, and stablecoins. The stablecoin issuer noted in a blog post on November 14 that it...
The G20's Financial Stability Board (FSB) have raised issues about the implications of artificial intelligence (AI) on the stability of the global financial sector. In its recent report, the Board highlighted AI's transformative potential and identified significant risks that...
U.S.-based battery materials firm Solidion Technology has announced a strategic shift in its corporate treasury management, which involves committing over 50% of its surplus cash reserves to Bitcoin investments. In a recent press release, Solidion described Bitcoin as a...
