MicroStrategy is set to offer $500 million in convertible senior notes due in 2032 to finance more Bitcoin acquisitions. This private offering targets qualified institutional buyers and seeks to bolster the company’s... Read more »

Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin market, Bloomberg reported on June 12. In an email that notified employees of the... Read more »

Elon Musk dropped his lawsuit against OpenAI, according to two June 11 court filings. One filing states that Musk, as the plaintiff, filed a notice of entry of dismissal and proof of... Read more »

SubQuery Network, a Web3 infrastructure provider, has introduced two new decentralized Remote Procedure Calls (RPCs) for efficient data management on the Polkadot and Kusama networks, according to a June 11 statement shared... Read more »

The US Securities and Exchange Commission  (SEC) acknowledged a proposed rule change for ProShares Ethereum ETF and approved Ark Invest’s exit from 21 Shares’ application on June 10. The agency’s notice on... Read more »

Investor confidence in crypto-related investment products surged last week, buoyed by the US macroeconomic situation. In its latest weekly report, CoinShares observed that these financial instruments saw net inflows of $2 billion... Read more »

Stronghold Digital Mining reported a 47.1% decline in its monthly Bitcoin mining output in May. The firm mined 82 BTC during the first full month following the halving, compared to 155 BTC... Read more »

The following is a guest post from Christina Comben. With a current market cap of just over $20 million, you’d be forgiven for not having heard of Verified USD (USDV). The newcomer... Read more »

Onchain Highlights DEFINITION: Lost or HODLed Bitcoins indicate moves of large and old stashes. They are calculated by subtracting Liveliness from 1 and multiplying the result by the circulating supply.  Bitcoin’s “Hodled or... Read more »