Obama-Russiagate Hoax Accusations Erupt: Prediction Markets Wager on Possible Indictments
Former U.S. President Barack Obama was recently accused of colluding with members of his administration to fabricate what has been termed Russiagate, following a report alleging that Russia was involved in meddling with the 2016 presidential election. Prediction markets are already wagering on the possibility of his indictment. Polymarket Degens Believe Obama Won’t Be Indicted […] Powered by...
Block Initiates Onboarding of Sellers for Bitcoin Lightning Payments on Square
Jack Dorsey’s Block, Inc. (NYSE: XYZ) has announced the initiation of onboarding for its first few sellers on Square to facilitate a new native bitcoin acceptance experience. In a social media post, the company’s executive officer expressed enthusiasm for this development, stating, “boom. today we’re onboarding our first few Square sellers for the new native […] Powered by...
South Korean Regulator Urges ETF Managers to Scale Back Exposure to Crypto-Related Companies
A South Korean financial regulator has issued verbal guidance to domestic asset management companies, advising them to limit the proportion of cryptocurrency-related stocks in their exchange-traded funds. Rising ‘Coin Theme’ Stock Inclusions Spur Caution South Korea’s Financial Supervisory Service (FSS) has reportedly issued verbal guidance to domestic asset management companies, urging them to limit the […] Powered by...
MARA Holdings to Raise $850 Million for Additional Bitcoin Purchases
MARA Holdings announced plans to issue $850 million in zero-coupon convertible notes due 2032, with proceeds earmarked for bitcoin purchases and debt repayment. $850 Million in Convertible Notes to Fund Additional Bitcoin Acquisition MARA Holdings, Inc. (Nasdaq: MARA) has announced plans to raise $850 million through a private offering of zero-coupon convertible senior notes due […] Powered by...
Labels Don’t Want Supreme Court Review to Delay Piracy Lawsuit Against Verizon
Last month, the Supreme Court granted Cox Communications’ petition for a writ of certiorari in a landmark copyright liability battle. The internet provider challenged the $1 billion damages award by a Virginia jury in 2019, which went in favor of a group of major record labels, including Sony, Universal, and Warner. Cox successfully convinced the Supreme Court that the contributory infringement standards, which determine how ISPs...
