Day: March 14, 2024

Bitcoin Miner Bitdeer (BTDR) Is ‘Differentiated’ From Peers, Shares Are Cheap: Benchmark

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“We view the Singapore-based company as differentiated from its publicly traded peers due to its scalable infrastructure with one of the lowest all-in mining costs in the space, diverse revenue streams including self-mining, hashrate sharing, and hosting, and its recent expansion in artificial intelligence (AI)/high performance computing (HPC) solutions and into the design and manufacture of advanced mining rigs,” analyst Mark Palmer wrote. If management is able to deliver on the company’s growth plans it would more than double its power capacity, “paving the way for significant hashrate expansion,” he…

Craig Wright Not Satoshi, Didn’t Author Bitcoin Whitepaper, Judge Rules

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Microstrategy Announces $500 Million Convertible Note Sale to Boost Bitcoin Holdings 

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On March 13, the business intelligence company based in Virginia, Microstrategy, unveiled plans to generate $500 million by issuing convertible notes due in 2031. Echoing their previous fundraising efforts, the newly acquired funds are earmarked for bitcoin acquisitions along with covering various general corporate expenditures. Microstrategy Continues Bitcoin Bet, Plans $500M Convertible Bond Sale Microstrategy […] Original

MicroStrategy Is Planning Another $500 Million Bitcoin Purchase

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American business intelligence and software development company, MicroStrategy has unveiled new plans to acquire an additional Bitcoin, further bolstering its already substantial BTC holdings. MicroStrategy Mega Bitcoin Purchase In The Works In a recent press release published on MicroStrategy’s official website, the software development company announced plans to raise $500 million in convertible debt offerings to purchase more Bitcoin. Just a few days ago the company had sold approximately $800 million in convertible debt offerings, using the proceeds of the sale to acquire about 12,000 BTC valued at about $821.7…

Antler Interactive to Showcase Their Latest Creation, Cloudborn, at GDC – Blockchain News, Opinion, TV and Jobs

Stockholm, Sweden, March 14th, 2024, Chainwire Antler Interactive is bringing their latest creation, Cloudborn – A Web3 PC RPG with a sprinkle of MMO – into the limelight at GDC 2024. The turn-based battler set in a fantasy sky island realm is poised to take immersive gaming experiences to new heights by intertwining cutting-edge technology to create enchanting gameplay. The game births a seamless blend of strategic gameplay similar to Raid Shadow Legends and the accessibility of the Zelda franchise to create a turn-based RPG like no other. But that…

ONI token’s price crash and dev’s silence sparks fears of potential rug pull by Anonify devs

ONI, the utility token of Anonify, has experienced a dramatic decline, dropping over 90% in the past few weeks, contrasting sharply with the cryptocurrency markets, which have seen a notable increase in prices recently, with Bitcoin reaching new highs. The token, which saw a surge in demand following its launch on Feb. 20, achieved an all-time high of $1.18 on Feb. 28, only to fall to $0.01974 by March 13. This sharp decline has sparked discussions regarding the possibility of the project being a potential rug pull. Source: ONI Price-CoinMarketCap…

Hong Kong’s Markets Regulator Issues Warning Against Crypto Exchange Bybit

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“The SFC is concerned that these products have also been offered to Hong Kong investors and wishes to make it clear that no entity in the Bybit group is licensed by or registered with the SFC to conduct any ‘regulated activity’ in Hong Kong,” the SFC said. “Last but not least, the SFC will not hesitate to take enforcement action against unlicensed activities where appropriate.” Source

Web 3 Infrastructure Provider Polyhedra Network Raises $20M Round Led by Polychain Capital

Polyhedra Network uses zero-knowledge proofs as the foundation of its products, giving users increased security and scalability. Zero-knowledge proofs are protocols that help prove the validity of statements on blockchains without offering any identifiable information. The zkBridge protocol facilitates interoperability between networks and has secured over 20 million cross-chain transactions between more than 25 blockchains. It uses unforgeable zero-knowledge proofs to validate the state and consensus of the sender chain, which can then be verified on the destination. “Blockchain technology is revolutionary because it allows for individuals and institutions to…