Core Scientific Stocks Fall 10% Following Convertible Senior Note Offer
After disclosing its plans to offer $350 million in convertible senior notes a day prior, shares of Bitcoin miner Core Scientific fell by more than 10%.
Markus Thielen: Stablecoins Could Play Key Role in Next Bitcoin Rally
According to Markus Thielen, a researcher at 10x Market, an increase in stablecoin issuance could be the catalyst for the next surge in Bitcoin.
Coinbase Announces Expansion to Hawaii
Crypto exchange Coinbase has announced that its services will now be available in Hawaii, allowing residents to purchase, sell, and manage their digital assets.
Thailand Announces a Crypto Regulatory Sandbox
The securities regulation agency of Thailand has initiated a sandbox program for companies involved in cryptocurrency as the country continues to navigate the delicate balance between regulatory restraints and innovative developments in the crypto industry.
Binance Blocked by Venezuela’s Government
Binance has announced that its Venezuela-based users are encountering difficulties accessing the site.
The SEC Files Lawsuit Against Crypto Pyramid Scheme NovaTech
The SEC yesterday filed a lawsuit against NovaTech, a cryptocurrency company, and its co-founders Cynthia and Eddy Petion.
IRS Unveils an Updated Crypto Tax Form
The US IRS has recently released an updated version of Form 1099-DA, which will be used by brokers to report digital asset transactions to their customers starting in 2025.
