Key Takeaways OFAC removed Tornado Cash from its sanctions list but maintained sanctions on its founder. The removal stems from a court ruling that Tornado Cash’s smart contracts aren’t ‘property.’ Share this article The US Treasury’s Office of Foreign Assets Control (OFAC) has removed Tornado Cash, the prominent crypto mixing service, from its Specially Designated…
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Strategy has announced the pricing of its latest round of perpetual preferred stock, which the company does before announcing more Bitcoin (BTC) acquisitions. According to Strategy, the latest round of preferred stock will be sold at $85 per share, with a 10% coupon, and will bring the company approximately $711 million in revenue. Market analyst…
Bitcoin (BTC) rebounded by as much as 14% after plunging to a four-month low near $76,600 on March 11. But BTC price is down approximately 25% from its record high of around $110,000, which is normal for a “bull market correction.” Still, some analysts anticipate the Bitcoin price declines to continue in the future. “Dark…
Opinión de: Abdul Rafay Gadit, cofundador de Zigchain El régimen arancelario de Estados Unidos aparentemente ha alimentado una guerra comercial global, obligando a los inversores a explorar alternativas estables generadoras de rendimiento. Una mirada más cercana revela que los desafíos de iliquidez, opacidad y escalabilidad han afectado a los mercados financieros mundiales por mucho tiempo….
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Key Takeaways Strategy plans to raise approximately $711 million for Bitcoin acquisitions and working capital. The released preferred stock offers a 10.00% dividend rate and redemption rights under certain conditions. Share this article Strategy, the business intelligence firm helmed by Michael Saylor, announced Friday it is expecting to raise approximately $711 million in net proceeds…
Los inversores criptográficos se regocijaron después de que una de las batallas legales más antiguas de la industria fue revocada por la Comisión de Bolsa y Valores de los Estados Unidos, sin embargo, los mercados aparentemente han representado la victoria meses antes del anuncio, según los observadores de la industria. El 19 de marzo, el…
South Korean authorities are reportedly looking into blocking crypto exchange platforms that may have operated without adhering to the requirements set by the country’s financial regulator. On March 21, local media Hankyung reported that the Financial Intelligence Unit (FIU) of the Financial Services Commission is considering sanctions against crypto exchanges for allegedly operating in the…
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