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MicroStrategy Expands Convertible Offering to Boost Bitcoin Holdings

November 20, 2024

MicroStrategy, a prominent business intelligence firm, has announced a significant increase in its convertible debt offering, now targeting $2.6 billion, up from an initial $1.75 billion. This strategic financial move …

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Former FTX CTO Gary Wang Sentenced To Time Served

November 20, 2024

Gary Wang, the co-founder and former Chief Technology Officer of the now-defunct cryptocurrency exchange FTX, has been sentenced to time served following what has been described as extensive cooperation with …

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Crypto Phishing Scams: Emerging Threats and Costly Lessons

November 20, 2024

In a latest spate of sophisticated crypto phishing scams, two significant incidents have drawn attention to the vulnerabilities within the digital asset ecosystem. On November 12, a memecoin investor holding …

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Michael Saylor to Present Bitcoin Strategy to Microsoft's Board

November 20, 2024

Michael Saylor, an avid Bitcoin advocate and founder of MicroStrategy, is set to present a compelling Bitcoin investment strategy to Microsoft's board of directors in an upcoming meeting. Saylor’s involvement …

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Understanding Legal Liability of DAOs Under Partnership Laws

November 20, 2024

The recent ruling by the US District Court for the Northern District of California has profound implications for decentralized autonomous organizations (DAOs), their members, and the broader blockchain community. The …

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Howard Lutnick Nominated as Commerce Secretary by Trump

November 20, 2024

In a surprising move, President-elect Donald Trump has announced Howard Lutnick, the CEO of financial services firm Cantor Fitzgerald, as his nominee for the Secretary of Commerce. Lutnick, known for …

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Bitcoin Scales New Peaks Amidst Market Optimism

November 19, 2024

Bitcoin (BTC) has once again defied market expectations by hitting a new all-time high of $94,000, heralding a significant milestone for the cryptocurrency market. This major surge, which started about …

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Court Ruling Holds DAOs Liable Under Partnership Laws

November 19, 2024

In a landmark decision, the US District Court for the Northern District of California has determined that decentralized autonomous organizations (DAOs) can face legal liability under general partnership laws. This …

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Options Trading Boosts Appeal of Bitcoin ETFs Amid Record Inflows

November 19, 2024

The introduction of options trading on Bitwise's Bitcoin ETF (BITB) is set to begin on November 20, in a move anticipated to enhance market liquidity and expand investment opportunities for …

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MicroStrategy Considers $1.75 Billion Notes Offering to Expand Bitcoin Holdings

November 19, 2024

MicroStrategy, known for its strategic embrace of Bitcoin, has announced plans to issue $1.75 billion through zero-coupon senior convertible notes as a means to support its growing Bitcoin acquisitions and …

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