Author: RedWave Media
Singapore, Singapore, September 18, 2024, Chainwire Highlights: Marking a key milestone in its multi-chain expansion strategy, PancakeSwap is launching its first Initial Firm Offering (IFO) on Arbitrum, featuring EigenLayer's leading Liquid Restaking protocol, Eigenpie. The IFO will run from 10:15AM UTC on September 24th, 2024 to 10:15AM UTC on September 25th, 2024. Participation options include a Basic IFO for all CAKE holders and a Public IFO with discounted fees for veCAKE holders. PancakeSwap has announced its first Initial Farm Offering (IFO) on the Arbitrum Network. The event will spotlight Eigenpie, a well-known Liquid Restaking Protocol on EigenLayer with over $1B…
According to a statement on September 18, MicroStrategy has increased the size of its convertible note offering from $700 million to $875 million in order to purchase more Bitcoin.The Virginia-based company aims to raise these funds by selling convertible senior notes with an annual interest rate of 0.625%. These senior unsecured debt obligations will be offered to institutional investors in a private sale. The notes are scheduled to mature in September 2028.The company also said it plans to offer initial buyers an option to purchase an additional $135 million worth of bonds within 13 days of the initial issuance.MicroStrategy estimates…
Grand Driver/iStock/Getty Images Plus The United Nations plans to hold the Future Summit in New York on September 22-23, 2024 to discuss new tactics for achieving the agenda of globalization.”The Future Summit is a once-in-a-generation opportunity to strengthen cooperation on critical issues and address gaps in global governance,” the UN website explains, and also aims to “reaffirm existing commitments, including to the Sustainable Development Goals and the UN Charter, and move towards a more vibrant multilateral (globalist) system to positively impact people's lives.”agendaAntónio Guterres, UN Secretary-General and former leader of the Portuguese Socialist Party and Socialist International, laid out 11…
shiota/iStock/Getty Images Plus A group of more than 100 climate zealots has written to major US banks, demanding that they immediately stop funding “industrial animal agriculture,” which they claim is a major contributor to the climate crisis. Banks targeted by the doomsday propaganda include Bank of America, Citigroup, and JPMorgan Chase, which they refer to as the “Big Three.”The 105 organisations are grouped under an umbrella group called Friends of the Earth. Among the organisations named in the Friends of the Earth document are the Centre for Biological Diversity, Greenpeace and the Churchill Fellowship. The letter argues that unless the…
by Paul Drag September 18, 2024 (September 18, 2024) Podcast: Play in new window | Download (Duration: 1:00:10 — 55.3MB)Subscribe: Android | RSS | OtherThe media blamed Donald Trump and J.D. Vance for a series of bomb threats against the community of Springfield, Ohio, calling attention to the fact that at least 15,000 Haitian migrants had been dropped off at the town's entrance and have been in trouble ever since. But the bomb threats were fake. Still, Vance said they served the mainstream media's agenda to shame and silence people who spoke out about immigration chaos. Also featured in this…
Please note that our Privacy Policy, Terms of Use, Cookies, and Do Not Sell My Personal Information have been updated.CoinDesk is an award-winning media outlet covering the cryptocurrency industry. Its journalists adhere to strict editorial policies. In November 2023, CoinDesk was acquired by Bullish Group, owner of Bullish, a regulated digital asset exchange. Bullish Group is majority owned by Block.one, and both companies have interests in various blockchain and digital asset businesses and hold significant amounts of digital assets, including Bitcoin. CoinDesk operates as an independent subsidiary with an editorial board to protect the independence of its journalism. CoinDesk employees,…
Have fun! The price of justice? $240,000 (US$162,175) in Australia. At least that's what one woman was ordered to pay after winning her wrongful arrest lawsuit.Monica Smit, founder of the pro-freedom activist group Rekindle Democracy Australia (RDA) and a thorn in Australia's side, was arrested three times during COVID-19 lockdown protests in Victoria, Australia. As an independent journalist, Smit was covering the demonstrations in Melbourne, the capital of Victoria, on October 31, 2020, when local newspaper The Age called Melbourne “the city with the toughest lockdown in the world.”Abandoned villageSmit sued the police for false arrest, and the government offered…
Cryptocurrency custodian BitGo is set to enter the stablecoin market with plans to launch a dollar-backed USDS stablecoin by 2025, according to a Sept. 18 statement.USDBitGo said USDS will be fully backed by short-term Treasury bills, overnight repos, and cash, ensuring both high liquidity and minimal risk.The company also plans to publish evidence of its reserves in real time on a dedicated website and will have a top accounting firm conduct monthly audits to increase transparency.The company aims to stand out in the crowded stablecoin space by offering rewards to institutions that provide liquidity to the network.”USDS is introducing a…
“Our primary reason for launching USDS is that while existing stablecoins serve a great purpose, we see an opportunity to build a more open and fair system that fosters innovation and, most importantly, rewards the people who build the network,” CEO Mike Belshe said in an interview with CoinDesk ahead of his keynote at Token 2049. “The true value of stablecoins comes from the people who use them, the liquidity they provide and the access points for exchange.”
In a recent note, Bitwise Chief Investment Officer Matt Hogan believes Ethereum is comparable to tech giant Microsoft, arguing that the blockchain giant's fundamental role in the ecosystem is being underestimated amid the current bearish sentiment.In a note titled “A Contrarian Bet on Ethereum,” Hogan argued that Ethereum continues to lead in key areas despite growing competition and skepticism.Market ChallengesEthereum has faced significant headwinds in recent months, with the ETH/BTC ratio recently hitting a three-year low, reflecting its poor performance against Bitcoin.While Ethereum prices have remained flat so far this year, Bitcoin has surged 38% and competitors such as Solana…
