Judge Reed O’Connor of the U.S. District Court for the Northern District of Texas noted in a Thursday filing that “because withholding consideration subjects plaintiff to scant, if any, hardship, the claim lacks a ripe case or controversy.” In other words, since there’s no clear future threat to Consensys, there’s no point in this judge weighing in. Source
Asian crypto exchange Bingx suffered a hacking attack, leading to a suspension of withdrawals and an estimated loss of $52 million. Bingx claims the stolen amount is minimal because it primarily stores users’ assets in cold wallets, which were not targeted by the hackers. A security firm believes a North Korea-linked hacking group, Lazarus Group, […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Este artículo también está disponible en español. Veteran crypto analyst, Peter Brandt has unveiled a new bearish forecast for Solana (SOL), predicting a massive price crash to new lows around $80. Despite this grim outlook, there remains a potential for a price recovery as other analysts foresee Solana jumping as high as $208. SOL Heading For $80 Price Crash As of writing, the price of Solana just hit $150, up from an initial value of $148 and successfully breaking past resistance levels around $149. This significant price increase represents an…
With the latest purchase, the firm now holds 252,220 bitcoin worth nearly $16 billion at current prices, acquiring at an average BTC price of $39,266 for a total cost of $9.9 billion. The firm still has some $889 million left from its $2 billion ATM equity issuance to acquire more BTC, per last week’s regulatory filing. Original
MicroStrategy has purchased more Bitcoin, with the company announcing it had acquired an additional 7,420 BTC. On Sept. 20, MicroStrategy announced it had completed its $1 billion convertible senior notes offering. The company planned to use the proceeds to buy more Bitcoin (BTC). Hours later, Michael Saylor, the company’s founder and chairman, revealed that the firm purchased Bitcoin worth over $458 million. According to details filed with the U.S. Securities and Exchange Commission on September 20, 2024, MicroStrategy acquired the additional BTC at the average price of $61,750 per BTC.…
Bitcoin price rose to a key resistance level as investors embraced a risk-on sentiment after the dovish interest rate decision. Bullish catalysts for Bitcoin Bitcoin (BTC) jumped to the important point at $64,000 for the first time since Aug. 9. It has moved into a technical bull run after soaring by over 20% from its lowest point this month. This price action is mostly because of Wednesday’s Fed decision in which it slashed rates by 50 basis points and hinted that it may deliver more cuts later this year. It…
Microstrategy, led by Michael Saylor, has just completed a billion-dollar private offering before acquiring 7,420 bitcoin for approximately $458.2 million at an average price of $61,750 per coin. The company now holds 252,220 bitcoin, purchased for roughly $9.9 billion at an average price of $39,266 per coin. The year-to-date bitcoin yield stands at 17.8 percent, […] Original
Stephen Almond, Executive Director Regulatory Risk, said: “We are pleased that LinkedIn has reflected on the concerns we raised about its approach to training generative AI models with information relating to its UK users. We welcome LinkedIn’s confirmation that it has suspended such model training pending further engagement with the ICO. “In order to get the most out of generative AI and the opportunities it brings, it is crucial that the public can trust that their privacy rights will be respected from the outset. “We will continue to monitor major…
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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: MSTR), a publicly traded […] Source CryptoX Portal