Crypto News
MARA Announces $250M Private Offering of Convertible Senior Notes to Buy More Bitcoin
Marathon Digital Holdings, Inc., now simply known as MARA, is rolling out a plan to offer $250 million in convertible senior notes set to mature in 2031. This move, targeting qualified institutional buyers, aims to generate funds for corporate ventures and the purchase of more bitcoin. MARA to Purchase More Bitcoin Following Private Sale AsSource link
VCs Show ‘Flight to Quality’ in Q2 Funding Report
PitchBook reports $2.7B in venture funding, up from Q1, but with less deal flow. It expects $12-14B for the year, up significantly on 2023’s numbers.Source link
SEC Charges NovaTech Founders in Alleged $650 Million Crypto Scheme
The regulator's action follows a similar lawsuit against the operation by the New York Attorney General’s office.Source link
How a Sports Brand Used Fake Celebs to Pump an ‘Insane’ Cryptocurrency
Sports supplements company Insane Labz allegedly paid trolls to impersonate MMA celebs Dana White, Nate Diaz, and Hasbulla and pump its token.Source link
Coinbase Urges SEC to ‘Abandon’ Its ‘Irrational’ DeFi Exchange Rule
The SEC’s move to regulate DEXs would make it functionally impossible for DeFi projects to exist in the United States, Coinbase wrote Monday.Source link