Strategy, formerly MicroStrategy, has announced a $2 billion convertible senior notes offering. The company aims to use the proceeds to acquire more BTC and support corporate operations. The notes, due in 2030, will be available to qualified institutional buyers under Rule 144A of the Securities Act. The offering includes an
Senate Confirms Howard Lutnick, a former chief executive of Cantor Fitzgerald, to lead the Commerce Department. The U.S. Senate voted 51-45 to confirm Howard Lutnick as the 41st Secretary of Commerce. Lutnick will lead President Donald Trump’s global trade and economic agenda. Given his strong protectionist stance, his confirmation marks
Institutional adoption has become the hot topic in today’s crypto market. Just months after Microsoft rejected Saylor’s Bitcoin Strategic Reserve pitch, Google is giving it a green light. The Bitcoin Tech Carnival, which took place on February 18, saw such insightful panel discussions. Speaking of which, the Hong Kong ConsenSys
The U.S. Securities and Exchange Commission (SEC) has received a new XRP ETF filing from Bitwise. The filing is among many that have seen people pushing ETF proposals. Bitwise XRP ETF is among a series of filings. The move comes as SEC Chairman Gary Gensler will be departing the agency.
FTX has published a comprehensive statement on its repayment and distribution procedure. The proposals bring new liquidity into the procedure and provide certain dates for customers and creditors. FTX Repayment Details and Fresh Liquidity Injection From February 18, 2025, FTX will begin paying its creditors. The firm has set aside
Pi Network remains a hot topic as its project pioneers emphasize its rapid transaction speed, a claim that comes ahead of the network’s Open launch on February 20. According to Dr Picoin on X, Pi Network achieves a block time of around 5 seconds—about 120 times faster than Bitcoin’s typical
In an effort to intensify oversight of the digital asset market, the Nigerian government is set to introduce cryptocurrency taxation. Spearheaded by Nigeria’s Securities and Exchange Commission (SEC). The move aims to incorporate crypto transactions into the country’s formal tax framework. The proposed legislation is part of a broader regulatory
Cyprus police have issued a warning amid an increase in SMS fraud schemes aimed at cryptocurrency investors. Authorities have noted that scammers are impersonating Binance, a major crypto exchange, to trick users into revealing sensitive login details. The Scam Details The fake text messages notify an “unauthorized login attempt from
Jupiter (JUP) is currently trading at $0.7365, marking a 13.01% decline in the past 24 hours. Its market capitalization now stands at $1.94 billion, down by 12.21%. Meanwhile, the trading volume surged by 38.93% to $342.72 million, resulting in a market cap ratio of 17.64%. Jupiter shows immediate support at
HyperLiquid has officially launched HyperEVM on its Layer-1 blockchain. The upgrade is said to enhance smart contract functionality while maintaining the platform’s low-latency trading experience. This marks a new step towards making HyperLiquid a robust financial ecosystem and Decentralized Finance (DeFi) giant. Hyper Foundation confirmed the launch on February 18, emphasizing
