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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Multicoin led $10m raise for crypto-incentivized internet infrastructure network Pipe — link | tl;dr
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🟠 Coinbase CEO admits they won't provide proof of reserves, so you have to trust them to store your Bitcoin 👀
Don't trust, verify!
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SEC targets Binance's token listing and trading process in amended complaint. - Coindesk
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NEW: 🟠 Bitcoin's domincance continues to increase currently sitting at +58% 📈
58k gang continues to stack W’s!
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According to CoinShares, digital asset investment products received $436 million in inflows last week. Bitcoin received $436 million in inflows, Ethereum received $19 million in outflows, and blockchain stocks received $105 million in inflows. — link
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According to the official website of the U.S. Federal Bureau of Prisons, Binance founder CZ will be released from prison next week. The official website shows that 47-year-old Asian man CHANGPENG ZHAO will be released on September 29, 2024, with registration number: 88087-510. — link
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Bernstein analysts forecast revival of defi yields amid expected us rate cuts, predicting a boost for crypto credit markets and ethereum interest. - The Block
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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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JUST IN: 🇺🇸 US Senator Elizabeth Warren calls for 0.75% rate cut by the FED this week.
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Fanko, a new memecoin generator and market, is now live on Arbitrum - x/@fankotech
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Binance founder CZ to be released from prison on september 29, confirms US Federal Bureau of Prisons. - Cryptobriefing
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*COINBASE DOWN 4% *MICROSTRATEGY DOWN 5.5%
*APPLE DOWN 3.5%
*NVIDIA DOWN 3.5%
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He Yi, co-founder of Binance, explained: Binance has no intention to guide the trend towards Meme. There are three types of projects now: Telegram games, all for airdrops; many infrastructures, all high FDV VC coins; Memecoins. Binance found some projects with low FDV and dispersed coin holdings to test.
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Polymarket bets on the 2024 US election winner approaches $1 billion as it threatens to flippen the total Polygon TVL - 𝕏/@NPC_68
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