Search Results for "securities purchase agreement"
MicroStrategy Purchases Another $650M Bitcoin, Convincing Elon Musk Large Transactions Can be Done
Another weekend, another round of Bitcoin—MicroStrategy has announced another purchase of Bitcoin, this time, of $650 million in BTC.
Ripple Blasted by Investor Tetragon for Playing “Word Games” in $175M Stock Buyback Lawsuit
Along with the heat Ripple is currently facing from the Securities and Exchange Commission, one of its leading investors has also turned against it.
Briefing Schedule for Motions to Dismiss Agreed upon by SEC and Ripple Head Execs for XRP Case
The US Securities and Exchange Commission (SEC)’s lawsuit against Ripple Labs continues to unfold, as both parties recently reached an agreement on a schedule for briefing the Individual defendants’ – co-founder Chris Larsen and CEO Brad Garlinghouse – motion to dismiss.
MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins
MicroStrategy CEO Michael Saylor has said that he is considering issuing more debt to enable the company to buy more Bitcoins. He stated that it makes sense to purchase as much of the asset class as they can.
Malaysia’s Securities Commission Touts Cryptocurrency’s Potential Amid a COVID-19 Digital Normal
The Securities Commission of Malaysia backs cryptocurrency use and says it has great potential, despite a lack of understanding regarding digital assets in the country.
US SEC Commissioner Proposes 3 Year Securities Law Exemption for Crypto Projects
United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has doubled down on her recent suggestion to provide decentralized network developers a safe harbor and has now submitted a formal proposal.
Australian Securities Exchange Postpones Migration to Blockchain Settlement System Due to Coronavirus Concerns
The Australian Securities Exchange has further postponed the replacement of its current CHESS system with a new blockchain-based settlement system due to coronavirus concerns.
Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k
In an attempt to stimulate U.S. economy amid coronavirus pandemic, the Federal Reserve (“the Fed”) decided to slash the main interest rate to near zero together with the purchase of $700 billion Treasury securities.
Bitcoin Purchase Made Possible By Dropbit Through Apple Pay and Google Pay
It is now possible to purchase Bitcoin on Dropbit wallet through Apple Pay or Google Pay. This news was announced in a Medium post by Coin Ninja on November 5. Prior to this announcement, Dropbit was only used to send and receive Bitcoin, which can be done by using just the phone number of the recipient.
Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading
Malaysia’s Securities Commission, which is responsible for overseeing compliance with Islamic laws in finance, has allowed trading of digital assets.
Russian Banking Giant Sberbank and S7 Airlines to Streamline Air Ticket Purchase with Virtual Tokens
Sberbank, Russia’s biggest bank, and S7 Airlines are set to revamp the sale of air tickets with virtual tokens, smart contracts, and a blockchain platform.
Microsoft & EU Based Universities Believe Blockchain Can Achieve Paris Agreement Carbon Goals
With blockchain, industries like the financial services are finding alternative modes of cash transfers, with a gradual switching to cryptocurrencies. The use cases of blockchain technology are steadily transcending digital asset opportunities, as key EU partners now believe the technology could help meet the Paris Agreement Carbon Goals.