Matt Mullenweg has announced that the restrictions on WP Engine will be temporarily lifted until October 1, 00:00 UTC, allowing them to access WordPress servers. WP Engine was banned on September 25 from utilizing any WordPress.org resources following legal actions related to trademark disputes, which left WP Engine customers unable to …
Latam Insights: Bukele Announces Self-Financed Budget; Salvadoran Coffee Purchase Settled With Bitcoin
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, President Nayib Bukele announces a zero debt budget, a batch of Salvadoran coffee gets purchased using bitcoin, and Lightspark eyes the region’s markets. Bukele States El Salvador Will Self-Finance 2025 Budget, Won’t Issue […]
Cathedra Bitcoin Announces Non-Brokered LIFE Offering to Purchase BTC
Cathedra Bitcoin Inc. has unveiled a non-brokered private placement aimed at raising up to C$ 2.5 million ($ 1.85 million). The funds will be used for bitcoin purchases, infrastructure expansion, and general corporate needs. Cathedra Bitcoin’s Bold Private Raise Cathedra (TSX-V: CBIT; OTC: CBTTF) has recently shifted its focus away from bitcoin mining, …
Microstrategy Announces Plans to Buy More Bitcoin Following $1.01B Private Offering
Microstrategy has revealed plans to acquire additional bitcoin after completing a $ 1.01 billion offering of convertible senior notes. This move comes as part of the company’s ongoing strategy to use proceeds from debt and equity financing to accumulate bitcoin as a treasury reserve asset. Microstrategy Completes $ 1.01B Private Sale Microstrategy (Nasdaq: …
Louisiana Announces Crypto Payment Options for State Services
The U.S. state of Louisiana has announced that residents can now use bitcoin, bitcoin lightning, and USD Coin to pay for state services through private, secure crypto wallets. “By introducing cryptocurrency as a payment option, we’re not just innovating; we’re providing our citizens with flexibility and freedom in interacting with state services,” said Louisiana’s State […]