Saylor’s Strategy proposes $2B convertible note offering to buy more Bitcoin
Michael Saylor’s Strategy is looking to raise another $2 billion via 0% convertible notes to purchase more Bitcoin, potentially adding to the firm’s 478,740 Bitcoin stash.
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US District Attorney Seeks to Retain Defendant in Crypto Shadow Banking Case
The United States Attorney for the District of Arizona (DA) is seeking to retain a defendant in custody in a case of alleged shadow banking for cryptocurrency companies. In a court filing released on May 1, the DA states that they are concerned the accused will flee.The filing follows the official announcement published by the…
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Crypto Stories: Pakistani crypto billionaire wants his country to be less reliant on credit
A former reality TV host with millions of followers on YouTube became one of Pakistan's biggest crypto proponents, and hopes to help his country shine again. 70 Total views 1 Total shares When YouTube was banned in Pakistan, Reality TV star Waqar Zaka "had no other option" than to turn to Bitlanders — an artificial intelligence…
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10 obstacles to cross-chain interoperability (and how they can be overcome)
Even crypto industry outsiders are gaining clarity on the benefits of blockchain technology, which is a significant step forward for the ecosystem. However, a challenge remains: The industry still struggles with interoperability between blockchain networks. Unless different chains can safely and efficiently communicate and exchange data, the full power of blockchain — including true decentralization,…
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Animoca Brands to focus on creator economy, interoperability in 2024
Animoca Brands CEO Robby Yung says the Hong Kong-based gaming company intends to continue to support the creator economy and promote interoperability through its investments and other initiatives in 2024 to promote Web3 mass adoption.Speaking to Cointelegraph at the 12th Global Blockchain Congress event in Dubai, Yung said that Animoca believes gaming will be a
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Alameda Research withdrew $204M ahead of bankruptcy filing – Arkham Intelligence
According to analysis from blockchain firm Arkham Intelligence, over 50% of the funds transferred after Nov. 6 were in US pegged stablecoins. 1101 Total views 44 Total shares Alameda Research withdrew over $200 million from FTX.US before it filed for bankruptcy, according to analysis from blockchain firm Arkham Intelligence disclosed on Nov. 25. In a Twitter…
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Bitcoin & Traditional Markets Drop 3% as Coronavirus Spreads in Italy
On Monday morning equities markets in the United States and Europe dropped sharply as investors fear over the continued spread of COVID-19, also known as the Coronavirus, intensified.Earlier in the day, the Italian government instituted a quarantine on 10 towns as the number of people infected by the highly infectious virus rose to 152 and…
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Senator Warren leads the charge against energy consumption claims on Texas crypto miners
According to a letter penned by seven U.S. lawmakers, ERCOT was "intimately connected" with the growth of crypto mining in Texas. 147 Total views 28 Total shares
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Elon Musk and Joe Rogan Discuss Problems With Traditional Currencies
Tesla founder, Elon Musk, recently discussed current difficulties amid massive U.S. money printing efforts, but failed to mention Bitcoin's inflation-proof model. In a recent interview with podcaster Joe Rogan, Elon Musk bashed inflation — a problem that Bitcoin fixes.Some of the current U.S. population sees the economy as an ever-flowing gift basket that will continuing…