MicroStrategy Raises $700M to Pay Off Debt, Buy Bitcoin

Cryptocurrency News

American software company MicroStrategy, one of the largest public holders of bitcoins in the world, announced its intention to raise $700 million to purchase the first cryptocurrency and pay off its own debt, which has reached almost half a billion dollars. MicroStrategy said the funds will be raised through a bond offering due in 2028. The offering will be available only to qualified institutional investors. Payments on the bonds are expected to begin in March…

Binance Exchange Gains Full Access to Indonesian Market Through Tokocrypto Exchange

Cryptocurrency News

Cryptocurrency trading platform Tokocrypto, a subsidiary of crypto exchange Binance, announced that it has received a Physical Crypto Asset Trader (PFAK) license from the Indonesian Commodity Futures Trading Regulatory Authority (Bappebti). The license gives the cryptocurrency platform full rights to operate as a cryptocurrency trader. Tokocrypto CEO Yudhono Rawis noted that the company became the third crypto exchange to receive a license from the regulator to provide services to users from Indonesia. The head of…

CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency News

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

MasterСard has started offering Crypto Cards

Cryptocurrency News

The international processing company MasterСard announced the launch of the Crypto Card program for partner banks of this payment system. Processing of crypto cards will be carried out on the basis of its own software package MasterСard Crypto Credential. The company intends to launch a new payment instrument on the market that allows spending and paying for purchases linked to digital assets. The launch of the payment solution will allow linking the user’s cryptocurrency wallet…

Bitfinex: Bitcoin May Drop Sharply After US Interest Rate Change

Cryptocurrency News

Bitfinex analysts said that the US Federal Reserve’s interest rate cut will have unexpected consequences for the cryptocurrency market. According to experts, the Bitcoin rate could fall by one-fifth.    Bitfinex reminded that September is traditionally considered a weak month for the first cryptocurrency, and there is a possibility of increased price fluctuations: “These are challenging times for traders. The Fed’s interest rate decision is scheduled for September 18. Market sentiment is optimistic after Fed…

Switzerland’s Fourth Largest Bank Offers Crypto Services to Clients

Cryptocurrency News

Zurich Cantonal Bank (ZKB), Switzerland’s fourth-largest bank by market capitalization, has begun offering digital asset trading and custody services. ZKB announced the integration of digital platforms ZKB eBanking and ZKB Mobile Banking for cryptocurrency transactions. At the initial stage of the cryptocurrency project, clients will have access to trading operations in bitcoins and ether. “Our crypto asset offering offers a high level of security and enables integration with other currencies and applications,” said Alexandra Scriba,…

CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency News

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Binance has ordered customers to withdraw their holdings in Monero, Bitcoin Gold, and several other cryptocurrencies

Cryptocurrency News

The world’s largest cryptocurrency exchange Binance has announced that customers will be able to withdraw cryptocurrencies Monero, Multichain, Bitcoin Gold and some other delisted assets until September 1, 2024 inclusive. After September 1, a snapshot of the relevant customer balances will be conducted and assets will be converted into  USDC stablecoins. Binance promises to credit the equivalent amounts by March 1, 2025. During the conversion period, users will not be able to view their assets…

Laine: Solana Team Secretly Fixes Critical Network Vulnerability

Cryptocurrency News

Representatives of Laine, the validator of the Solana blockchain, announced the elimination of a critical vulnerability in the main network. Information about the patch was published only after the update. On August 7, Solana Foundation technical support contacted major network operators through private channels to keep the emergency update secret. On August 8, blockchain validators, including Laine, received another notification from the Solana Foundation, containing instructions on how to apply a fix for the critical…

CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency News

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…