Binance converts $1 billion SAFU fund fully into Bitcoin, buying 4,545 BTC to finish its reserve overhaul. Binance announced on Thursday that it has finished converting its $1 billion Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin, purchasing a final tranche of 4,545 BTC and bringing total holdings to 15,000 BTC. The exchange’s […]
Binance Completes $1B SAFU Fund Shift to Bitcoin Read More »
SBI VC Trade, a crypto-focused subsidiary of Japan’s financial giant SBI Holdings, is set to inherit the accounts and assets of beleaguered crypto exchange DMM Bitcoin. The transfer will take place on March 8, 2025, marking the culmination of DMM Bitcoin’s liquidation process after a devastating $305 million hack in May 2024. Liquidation and Transfer
SBI VC Trade Completes Acquisition of Hacked Crypto Exchange DMM Bitcoin Assets Read More »
[PRESS RELEASE – Singapore, Singapore, December 19th, 2024] UTXO Stack, a Lightning Network liquidity staking protocol, has completed its Series A funding round at a $50 million valuation, co-led by UTXO Management, CMS, and PAKA. This follows their successful seed round, which was co-led by ABCDE Capital and SNZ Capital, with participation from CKB Eco
UTXO Stack Completes Series A Funding, Plans TGE in Q1 2025 Read More »
Michael Saylor has announced that MicroStrategy successfully raised $3 billion through a convertible senior note offering. According to the company’s Executive Chairman, the offering carries a 0% coupon rate and a 55% premium, setting the implied strike price at around $672 per share. $3 Billion Convertible Notes Offering In an accompanying press release, MicroStrategy explained
MicroStrategy Completes $3B Note Offering to Acquire More Bitcoin but MSTR Dumps 16% Read More »
Source: Pexels Leading Bitcoin timechain technology firm Blockstream has announced the successful completion of its Series 1 Blockstream ASIC (BASIC) Note raise, securing an impressive $5.07 million. After a successful $5M raise in the first Blockstream ASIC (BASIC) Note series and the swift acquisition of new Antminer S19k Pro miners, we are excited to announce
Blockstream Completes $5M Series 1 Raise, Set for Acquisition of New ASIC Miners Read More »
Visa, a global leader in payments technology, has marked a significant milestone by completing a pilot test in collaboration with HSBC and Hang Seng Bank. The program, a part of the “Digital Hong Kong Dollar” pilot organized by the Hong Kong Monetary Authority (HKMA), opens new horizons for secure and efficient financial transactions. Transforming Interbank
Visa Successfully Completes Digital Hong Kong Dollar Pilot Program Read More »
