TRUMP DEFI PROJECT: 63% OF WLFI TOKENS WILL BE SOLD TO PUBLIC, 17% RESERVED FOR USER REWARDS AND REMANING 20% FOR TEAM: SPACES
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During the launch event for his World Liberty Financial crypto platform, former U.S. President Donald Trump said that he believes U.S. crypto builders under investigation by the SEC "will be living in hell" if he is not elected for a second term this November. — link
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NFT project Flyfish Club reached a settlement with the US SEC for unregistered issuance of crypto asset securities and paid a fine of $750k. Flyfish Club agreed to destroy all NFTs and no longer accept related royalties. The restaurant raised $14.8 million by selling 1,600 NFTs to fund the construction of its private member restaurant in New York City. The SEC accused Flyfish Club of suggesting to investors that they could profit by reselling NFTs. — link
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NEW: 🇳🇴 A Norwegian town experiences a nearly 25% spike in electricity rates for residents after the municipality shuts down a local Bitcoin mine 👀
“We want industry that creates value - so no one thinks we want a new data centre.”
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March, April, July, and August each saw record-breaking BTC trade volumes compared to previous years — link
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WORLD LIBERTY SPACES BEGINS WITH DONALD TRUMP AND BARRON TRUMP AS SPEAKERS: TWITTER
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MicroStrategy announces proposed private offering of $700M of convertible senior notes — link
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MicroStrategy Announces $700M Private Offering Of Convertible Senior Notes Due 2028, With Option For Additional $105M; Offering Subject To Market Conditions
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JUST IN: BlackRock says the Federal Reserve's interest rate cuts will not be as deep as the market expects.
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Upgradeable smart contracts offer flexibility but introduce security risk. Learn common pitfalls in proxy patterns, storage management, and initialization. - Coinspect
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63% OF WLFI TOKENS WILL BE SOLD TO PUBLIC, 17% RESERVED FOR USER REWARDS AND REMANING 20% FOR TEAM: SPACES
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According to Arkham, the small South Asian country of Bhutan is the fourth largest government in terms of Bitcoin holdings on its platform, holding a total of 13,011 Bitcoins, worth approximately $780.49 million. Unlike most governments, Bhutan's Bitcoin does not come from asset seizures by law enforcement, but from Bitcoin mining operations. — link
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Michael Saylor announced that MicroStrategy plans to sell up to $700 million in senior convertible notes to fund the purchase of additional Bitcoin and the repurchase of debt. The private offering will be "subject to market conditions" and the notes will mature in 2028. As of June 2024, MicroStrategy's total debt has reached $3.9 billion. — link
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WLFI is live from Mar-a-Lago with President Donald J. Trump - x/@worldlibertyfi
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🟠 Peter Schiff in December 2018 when Bitcoin was $3,800 🤡
Everyone gets Bitcoin at the price they deserve!
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🟠 $MSTR shares now have 17% more Bitcoin per share than they had at the end of 2023 🔥
Saylor is redefining capital management.
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Commissioners Hester Peirce and Uyeda dissent in SEC’s Flyfish club NFT enforcement. - sec.gov
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MicroStrategy to Raise $700M-$805M in Convertible Notes to Refinance $500M Debt and Buy More Bitcoin
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Microstrategy announces $700 million convertible senior notes offering, with an option for an additional $105 million. - Microstrategy
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JUST IN: 🇧🇹 The Kingdom of Bhutan now owns 13,011 Bitcoin worth $780 Million 🙌
Game theory in play!
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HashKey Exchange Executives Discuss Hong Kong Crypto Compliance
HashKey is the largest compliant exchange in Hong Kong and one of the only two licensed exchanges. This article explains how HashKey Exchange faces the challenge of balancing rapid Web3 innovation with strict compliance and emphasizes "business-friendly but firm boundaries" in managing risks. Read more — link
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QCP: Crypto dipped lower following a second assassination attempt on Trump. This downward move was worsened by the liquidation of nearly $70 million in long positions before the Asia open, where liquidity was thin. As we approach the first Fed rate cut of this cycle, market tensions are rising, amplifying the impact of any unexpected macro data. — link
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