Category Archive: Cryptocurrency, No picture
MicroStrategy to Raise Another $400M in Debt for Bitcoin
MicroStrategy has announced the sale of $400 million in senior secured notes due 2028 in a private offering to qualified institutional investors. The $400 million sum will be used to buy Bitcoin. MicroStrategy Plans Bitcoin Buy Michael Saylor isn’t done accumulating Bitcoin. The MicroStrategy founder announced a proposed private offering for $400 million of senior […]
BSC Project Clones Uniswap V3 Despite License
Key Takeaways A Uniswap V3 fork called HolaSwap has launched on Binance Smart Chain. As Uniswap V3’s source code is protect by copyright, there could be legal ramifications if the anonymous developers are traced. Unlike Uniswap, HolaSwap is yet to launch a governance token. This news was brought to you by ANKR, our preferred DeFi […]
After El Salvador, Paraguay Hints at Bitcoin PayPal Project
Key Takeaways Paraguay’s Deputy of the Nation, Carlos Antonio Rejala Helman, has hinted that the country will start working on a big project involving Bitcoin and PayPal this week. Rejala Helman said that the project would “innovate Paraguay in front of the world” accompanied by a photo of himself sporting Bitcoin-themed “laser eyes.” The announcement […]
El Salvador Plans to Make Bitcoin Legal Tender
This news was brought to you by Phemex, our preferred Derivatives Partner. El Salvador looks set to become the first country to make Bitcoin legal tender. El Salvador’s Bitcoin Bet El Salvador is planning to adopt Bitcoin as legal tender, the country’s President Nayib Bukele announced last night. Speaking in a pre-recorded video message at […]
Yearn and Convex Are Competing for Curve Tokens
Key Takeaways Convex Finance is a new DeFi protocol offering yield farming optimization on Curve Finance’s stablecoin pools. In order to boost yields, both Convex Finance and Yearn Finance need to lock CRV tokens in Curve Finance’s vesting escrow. As a result of the battle between the two projects, CRV has jumped 59.5% in the […]
FTX Is Sponsoring and Renaming an E-Sports Team
Key Takeaways FTX is sponsoring e-sports group TSM in a $210 million deal that will see the organization rebrand itself to TSM FTX The new brand will be used online and in competitions. TSM is valued at approximately $410 million, and it is currently the largest e-sports organization in the U.S. This Exchange News was […]
Square Is Planning to Launch a Bitcoin Hardware Wallet
Key Takeaways Square is planning to create a Bitcoin hardware wallet. The tool will be aimed at mobile users; it will also be non-custodial, giving users control over their keys and crypto. Square is highly active in the crypto sphere; it has purchased Bitcoin and funded development of the Bitcoin ecosystem. This news was brought […]
Indian Central Bank Reaffirms Anti-Crypto Stance
The Governor of the Reserve Bank of India has clarified the bank’s aversions to cryptocurrencies. Indian Central Bank Still Anti-Crypto India’s central bank is still taking a firm stance against cryptocurrencies. The Governor of the Reserve Bank of India (RBI), Shaktikanta Das, clarified in an online press conference that there is “no change in RBI’s […]
SpaceX Launches Flight to ISS with Ethereum Node
Key Takeaways A SpaceX rocket is carrying an Ethereum node to the International Space Station for SpaceChain. SpaceChain offers blockchain custody services and claims this project is a sign of decentralization and censorship resistance of blockchain technology. Institutional clients will get access to the node to better their security and protect their digital assets. While […]
Bitcoin “on Track to Hit Six Figures in 2021”: Bloomberg
Key Takeaways Bloomberg’s latest crypto report claims that Bitcoin could hit six figures in 2021. The report also makes the case that Ethereum could overtake Bitcoin in market capitalization terms. It also highlighted Tether’s role in strengthening the “digitalization of money.” Bitcoin to six figures? Bloomberg thinks it’s likely to happen this year. Bloomberg Shares […]
