The messaging app, with over 1 billion users, plans to use $955 million to buy back existing bonds and the remaining $745 million for growth. What to know: Telegram has secured $1.7 billion by issuing five-year convertible bonds, aiming to refinance existing liabilities and push out repayment deadlines. The messaging app, which now counts over […]
The structured product gives exposure to BTC price changes and USD/RUB exchange shifts. What to know: Sberbank, Russia’s largest bank, has introduced a new structured bond that tracks the price of bitcoin BTC$105,033.01 and the dollar-to-ruble exchange rate. Initially available over the counter to a limited pool of qualified investors, the bonds let holders earn based on […]
Strategy, the largest corporate holder of bitcoin, has funded its latest acquisition through three different at-the-market programs. O que saber: Strategy (MSTR) has acquired an additional 4,020 bitcoin BTC$109,652.86 for roughly $427 million, pushing its total holdings to 580,250 BTC, the company said. The latest acquisition was funded through three ongoing at-the-market (ATM) equity programs, according to […]
The bill, Senate Bill 1025, aimed to create a digital assets reserve managed by the state. What to know: Arizona will not be investing in bitcoin (BTC), at least not this year. Governor Katie Hobbs vetoed a bill on Friday that would have allowed the state to hold the digital asset as part of its […]
The company has spent $36.47 billion on bitcoin to date and remains the largest corporate holder of BTC. What to know: Strategy (MSTR) has added 6,556 bitcoin (BTC) to its balance sheet, spending $555.8 million in the process, according to a regulatory filing published on Monday. The purchase was funded using proceeds from the company’s two at-the-market […]
Stripe CEO Patrick Collison said a stablecoin tool for companies outside US, UK and EU is ready for testing. What to know: Stripe is preparing to test a new stablecoin payments product aimed at companies based outside the United States, the United Kingdom, and the European Union. The company’s CEO, Patrick Collison, confirmed on social media that […]
The alleged crypto Ponzi scheme lured some 20,000 investors with false promises and raised over $190 million from them. What to know: A Brazilian court has sentenced three executives behind the collapsed crypto scheme Braiscompany to a combined 171 years in prison, concluding one of the country’s largest crypto fraud cases to date. Federal Judge […]
While fiat currencies remain the primary method, crypto is seen as a convenient and flexible tool for transactions. What to know: Russia has turned to cryptocurrencies to facilitate oil trade with China and India, effectively bypassing Western sanctions in its $192 billion oil trade, Reuters reported, citing sources familiar with the matter. The country has been […]