The stablecoin sector achieved a significant milestone on March 20, 2024, hitting the $ 150 billion mark as the dollar-anchored market continues its expansion. In the last five days, the stablecoin sphere expanded by $ 980 million, breaking past the latest threshold. Stablecoin Market Value Tops $ 150 Billion The total value …
Microstrategy Expands Bitcoin Holdings: Acquires 9,245 BTC After Successful Convertible Note Sale
On Tuesday, the business intelligence firm Microstrategy announced it completed a $ 603.75 million offering of convertible senior notes due 2031. After the announcement, Microstrategy’s founder Michael Saylor announced the company acquired 9,245 bitcoin for $ 623 million using the proceeds and excess cash. Microstrategy Now Holds 214,246 Bitcoin After Microstrategy announced its …
Market Shakeup — BSV Faces Steep Decline After UK Judge’s Decision in COPA Case
In recent times, the cryptocurrency landscape has experienced a widespread decline, yet the digital asset bitcoinsv, known for its associations with Craig Wright, has seen the most significant weekly downturn within the crypto sphere, dropping 18.9% versus the U.S. dollar in seven days. This decline in bitcoinsv’s value closely follows the verdict by U.K. Judge […]
After Exit Scam, Incognito Darknet Market Operators Now Threaten User Data Leak in Extortion Twist
Numerous accounts have recently revealed that shortly after the darknet market (DNM) Incognito apparently conducted an ‘exit scam,’ its operators have now informed their clients and merchants they are facing extortion. The team behind Incognito claims possession of crypto asset transaction logs and archived conversations from its users, warning that this information will be leaked […]
Microstrategy Boosts Bitcoin Holdings to 205,000 BTC After $800 Million Capital Raise
Microstrategy has bought 12,000 more bitcoins after completing a $ 800 million convertible note offering. The Nasdaq-listed company now holds a total of 205,000 bitcoins, acquired for an average of $ 33,706 per coin. The note offering “was well received in the marketplace and upsized to a total of $ 800 million …