MicroStrategy has announced the issuance of new convertible bonds worth $700 million. The proceeds from the bond offering will be used to purchase additional bitcoin, as well as to fund general corporate needs.
News
The SEC has changed its position regarding tokens - Page 11
The U.S. Securities and Exchange Commission (SEC) said it never explicitly called tokens securities, according to a note accompanying a lawsuit filed against cryptocurrency exchange Binance.
Nubank Shuts Down Nucoin Project, Suspends Token Trading - Page 11
Brazilian digital bank Nubank has decided to stop supporting its cryptocurrency project Nucoin. Trading of the token on the platform was suspended on September 10, 2024.
Tether invests $100 million in agribusiness - Page 11
Tether has made a major investment in the agricultural sector. It acquired a 9.8% stake in Latin American agribusiness giant Adecoagro, spending around $100 million on the deal.
Kamala Harris' Candidacy Endorsed by Ripple Co-Founder - Page 11
Ripple co-founder and chairman Chris Larsen was among 88 business leaders who on Friday expressed their support for Vice President Kamala Harris’ bid for U.S. president.
Robinhood to Pay $3.9 Million for Restricting Cryptocurrency Withdrawals - Page 11
Robinhood’s crypto trading subsidiary has agreed to pay the state of California a $3.9 million fine for restricting customers’ ability to withdraw cryptocurrency they purchased.
Mysten Labs Announces Pre-Orders for SuiPlay0X1 Web3 Console - Page 11
On September 3, Mysten Labs, the developer of the Sui blockchain, will begin accepting pre-orders for the SuiPlay0X1 console, created in collaboration with Playtron for Web3 games.
Australia Leads Crypto ATM Growth - Page 11
Australia is seeing rapid growth in the number of cryptocurrency ATMs. Over the past two years, their number has increased 17-fold, reaching 1,162 devices.
Meme Token DOGS Soars 30% - Page 11
On August 28, the meme token DOGS, associated with the mini-app of the same name on Telegram, demonstrated an impressive increase of almost 30%. At the time of writing, the coin is trading at $0.001557, according to the CoinGecko platform.
Bitcoin Approaches $65,000 - Page 11
On the night of Saturday, August 24, the price of Bitcoin reached new heights, breaking the $64,000 mark. At certain moments, the cryptocurrency approached the psychologically significant level of $65,000, but has not yet been able to consolidate it.