Marathon Digital Holdings (NASDAQ:MARA) has announced plans to raise $250 million through a convertible senior notes offering. The company intends to use the proceeds for acquiring more Bitcoin and general corporate purposes. This move comes as part of Marathon’s strategy to strengthen its position in the cryptocurrency mining industry. The offering will consist of unsecured…
Ripple Labs Inc., a prominent player in the cryptocurrency space, recently faced a substantial setback with a $125 million fine imposed by the U.S. Securities and Exchange Commission (SEC). This penalty was levied due to allegations that Ripple had conducted an unregistered securities offering by selling XRP tokens. The fine has significant implications for Ripple…
Tether, the leading stablecoin issuer, has unveiled its substantial holdings in US Treasuries for the first half of 2024. This disclosure is part of Tether’s ongoing effort to increase transparency and build trust among its users and the wider financial community. According to Tether’s latest attestation, the company holds a significant amount of US Treasury…
Cryptocurrency markets experienced significant volatility today, with major digital assets such as Bitcoin and Ethereum demonstrating notable price fluctuations. Bitcoin, which has been a market leader, saw its value oscillate, reflecting broader market sentiments and investor behaviors. Ethereum, the second-largest cryptocurrency by market cap, also showed similar volatility. Analysts point out that these fluctuations are…
VICTORIA, Seychelles, Sept. 14, 2024 /PRNewswire/ — In a prompt response to the devastating impact of Typhoon Yagi in Northern Vietnam, KuCoin is committed to airdropping up to 10,000 KCS to support the communities affected by the disaster. This donation is designed to provide immediate aid and support the recovery efforts of those impacted. KuCoin…
DeFi Technologies’ subsidiary Reflexivity Research announces its inaugural Crypto Investor Day, set for October 25th, 2024, in New York City. The event is expected to bring together nearly 1,000 industry leaders and top minds from both crypto and traditional finance, including speakers from VanEck, Nelson Mullins, Tether, Ripple Labs, Fidelity Digital Assets, White & Case,…
Worldcoin, a rising player in the decentralized identity space, recently made headlines with a significant expansion of its World ID feature to the Solana blockchain through the Wormhole interoperability platform. This development, announced on September 13, comes as part of the Worldcoin Foundation’s efforts to extend its decentralized identity verification system across multiple blockchains. Worldcoin…
Former U.S. President Donald Trump has faced a steep decline in his cryptocurrency portfolio, shedding $19.27 million in value over the last three months. This downturn, confirmed by blockchain intelligence firm Arkham, underscores the volatility of the cryptocurrency market and the risks associated with digital assets. Major Losses in Donald Trump’s Cryptocurrency Holdings As of…
CALABASAS, Calif., Sept. 12, 2024 /PRNewswire/ — After months in early access release, Swan Bitcoin has made its advanced self-custody product, Swan Vault, available to the general public. Swan Vault empowers clients to control their own Bitcoin without relying on exchanges, banks, or other institutions. With Swan Vault, clients maintain complete control over their Bitcoin and…
SINGAPORE, Sept. 12, 2024 /PRNewswire/ — AEON, the next-generation modular payment protocol, is thrilled to announce the highly anticipated GameOn TON Global Gaming Hackathon in partnership with The Open Network (TON) Foundation and Nomad Capital, with its opening ceremony in Singapore on September 19th. This prestigious global event is the world’s largest TON ecosystem gaming…