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Search Results for: TheNewsCrypto

Justin Sun’s Leadership Drives HTX’s Success, Says AltCrypto Talk Founder

Recently, a tweet titled “HTX & Justin’s Leadership” by Sjuul, founder of AltCrypto Talk and co-founder of Kollect Agency, sparked heated discussions in the market. The article noted that SunPump’s success showcases Justin Sun’s keen sense and insights into market trends and changes in the crypto market. At the same

September 17, 2024 3 mins read

Bhutan’s Bitcoin Mining Yields $780 Million in Holdings

The small South Asian nation of Bhutan now ranks as the fourth-largest government in terms of Bitcoin holdings. The country holds a total of 13,011 Bitcoins, valued at approximately $780.49 million. These holdings were revealed through Arkham’s platform, which publicly identified the addresses for the first time. Unlike most governments,

September 17, 2024 2 mins read

UNI Token Circulation at 25% Despite Full Unlock

The native token of Uniswap’s UNI was issued and listed in September 2020. The team, investors, advisors, and community treasury received a total of 83% of the allocation, amounting to 8.3 billion tokens. These tokens are subject to a four-year unlocking period. UNI was fully unlocked four years ago, but

September 17, 2024 2 mins read

SEC Faces Backlash Over $750K Settlement with NFT Club Flyfish

Two U.S. Securities and Exchange Commission (SEC) commissioners have expressed dissent over their agency’s $750,000 settlement with Flyfish Club, a restaurant using non-fungible tokens (NFTs) to sell memberships. The SEC’s Sept. 16 order stated Flyfish conducted an unregistered sale of crypto asset securities by offering 1,600 NFTs, raising $14.8 million.

September 17, 2024 2 mins read

Bitcoin Bear Run Extends as Price Holds on Stubbornly at $58K

The crypto market seems determined to abstain from upward movements in the past few months. The May bull run left investors hoping for huge price actions in the following months which the crypto market has failed to deliver. In the past week, cryptocurrencies again entered a bull-bear price cycle escalating

September 17, 2024 2 mins read

Trump Backed WLFI Token Launched by World Liberty Financial

World Liberty Financial (WLFI), a crypto project backed by the Trump family, confirmed its plans to launch a governance token during a live stream. The token will be offered under an SEC Regulation D exemption, Rule 506(c) allowing only accredited investors to participate. Unlike typical crypto tokens, the WLFI token

September 17, 2024 2 mins read

MicroStrategy to Issue $700M Convertible Notes to Buy More Bitcoin

MicroStrategy, a business intelligence company known for its large investments in Bitcoin, is planning to raise $700 million through the MicroStrategy convertible senior notes to fund more Bitcoin purchases and manage its debt. CEO Michael Saylor announced that MicroStrategy will use $500 million from the offering to repay senior secured

September 17, 2024 1 min read

Hero.io Unveils AI-Driven Innovations for Web3 at Token2049 Singapore Side Events

Hero.io, a cutting-edge Web3 ecosystem powered by groundbreaking AI research from the University of Cambridge, is hosting a series of side events during Token2049 Singapore, one of the largest Web3 gatherings globally. These side events, designed to showcase how AI is reshaping the future of decentralized finance, will be held

September 17, 2024 5 mins read