Tag: Business

news-04112024-165121

Tokenization Commercialization Drive in Singapore

The Monetary Authority of Singapore (MAS) has announced plans to advance tokenization in financial services. This initiative includes forming commercial networks to deepen liquidity of tokenized assets, developing an ecosystem of market infrastructures, fostering...
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Bitcoin Price Prediction: $6K-$8K Volatility Amid U.S. Election: Expert

Bitcoin traders are eagerly awaiting a surge in price volatility that could be triggered by the upcoming U.S. presidential election, according to experts. Greg Magadini, director of derivatives at Amberdata, predicts that the election...
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Real-Time Forex Swap Onchain: Citi and Fidelity Showcase Proof-of-Concept

Citi and Fidelity, two major players in traditional finance, have collaborated on a proof-of-concept for a digital foreign exchange swap within an onchain money-market fund. This innovative concept will be showcased at the upcoming...
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German Traditional Finance Giants Confirm Bitcoin Mining Trial for Grid Stability: Surplus Energy Initiative

German traditional finance giants have officially confirmed a trial project aimed at mining Bitcoin using surplus renewable energy in order to stabilize the energy grid. The initiative, a partnership between Deutsche Telekom and Bankhaus...
news-19102024-034410

Avoid Publicizing Wash Trading Business to Journalists: Why It’s Risky

Last week, the U.S. Department of Justice made headlines by bringing charges against several individuals and entities, accusing them of engaging in wash trading and defrauding investors. This practice is not new in the...
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Elon Musk Accuses European Commission of Offering ‘Illegal Deal’ During DSA Probe

Elon Musk, the CTO and chairman of X, recently accused the European Commission of offering the social media platform an "illegal secret deal" during a probe under the Digital Services Act (DSA). Musk claimed...
news-17062024-092543

High-Stakes Bitcoin Roundtable: Biden Admin & Mark Cuban in DC

Over the weekend, Bitcoin Magazine reported that US Congressman Ro Khanna, representing California’s 17th congressional district, is set to host a Bitcoin and blockchain roundtable in Washington, D.C., in early July, according to a...
news-15062024-025628

MicroStrategy Increases Convertible Note Offering to $700MMax Characters: 63

MicroStrategy, a leading business intelligence firm, has decided to increase its convertible note offering from the initially planned $500 million to a whopping $700 million. This move comes as the company aims to raise...
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MicroStrategy Boosts Bitcoin Investment with $700M Convertible Note Offering

Nasdaq-listed software company MicroStrategy, known for holding a significant amount of bitcoin (BTC) in its treasury, has decided to increase its convertible note offering to $700 million from the original plan of $500 million....

Sam Bankman-Fried: The FTX Journey, Extradition to the US, and the Future of Crypto...

Here he is extradited. The founder and former boss of the FTX cryptocurrency exchange platform, Sam Bankman-Fried, arrived in New York on the evening of December 21 on Wednesday. He must appear before a...