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Michael Saylor announced plans to raise funds to buy Bitcoin by issuing and selling $21 billion worth of MicroStrategy shares. The equity raise is part of a larger plan to raise $42 billion for Bitcoin purchases over the next three years. The at-the-market equity offering will dilute current shares by 42% of their capitalisation, which […]

The post Michael Saylor Announces Plans to Raise $21 billion from Stock Sale appeared first on CoinJournal.

SingularityDAO merges with SelfKey and Cogito to form Singularity Finance. 94.7% of SDAO holders approved the merger, awaiting KEY holders’ final vote. Singularity Finance to focus on AI, RWA tokenization, and on-chain identity. In a landmark decision, SingularityDAO, the DeFi arm of the SingularityNET AI ecosystem responsible for decentralized portfolio management, has voted to merge […]

The post SingularityDAO community approves merger with SelfKey and Cogito Finance appeared first on CoinJournal.

London, United Kingdom, 1st November 2024, Chainwire

The post CreationNetwork.ai Emerges as a Leading AI-Powered Platform, Integrates 22+ Tools for Digital Engagement appeared first on CoinJournal.

Warsaw, Poland, 1st November 2024, Chainwire

The post Flipster Partners with BNB Chain for Fee-Free Withdrawals appeared first on CoinJournal.

Cryptocurrencies and stocks remained on edge after the U.S. released weak nonfarm payroll data, pointing to a potentially dovish Federal Reserve. Bitcoin (BTC) pulled back from around $72,500 to the $70,000 level while Ethereum (ETH) is now down more than…

Bitcoin price has pulled back over the past three days as the recent rally paused ahead of next week’s election. Bitcoin (BTC) retreated to $68,762, down 6.60% from its highest level this year. This decline has also triggered further sell-offs…

Abu Dhabi-based cryptocurrency exchange M2 claims it has resolved a $13.7 million incident after allegedly falling victim to a hacker attack. Cryptocurrency exchange M2, co-founded by Bijan Alizadeh Fard and Stefan Kimmel, has suffered a “cybersecurity incident involving $13.7 million,”…

Tether reported several all-time-highs in its third quarter of 2024 report, including the company’s total assets, group equity and cumulative profit. According to a Q3 report published on Oct. 31, the stablecoin issuer’s net profit reached $2.5 billion, contributing to…

UBS Asset Management, a subsidiary of Zurich-headquartered investment bank UBS, has launched its inaugural tokenized fund on the Ethereum blockchain, aiming to expand access for its clients. According to a Nov. 1 statement, the new product — the “UBS USD Money Market Investment Fund Token” or “uMINT” — offers clients an innovative investment solution. Token […]

The post UBS launches its first tokenized fund on Ethereum blockchain appeared first on CryptoSlate.