Crypto News

Bitcoin Miner Bitdeer Aims to Secure $330M via Convertible Notes for Expansion

Bitdeer Technologies Group priced an upsized private offering of $330 million in convertible senior notes due 2031. The Singapore-based bitcoin mining company increased the offering size from an initially announced $300 million. Bitdeer Upsizes Convertible Note Offering The 4.875% notes, maturing July 1, 2031, were sold to qualified institutional buyers. Initial purchasers hold a 13-daySource link

Bitdeer Stock Falls as Bitcoin Miner Aims to Raise $330 Million

Singapore-based Bitcoin miner Bitdeer is raising funds, but not to buy up BTC. The firm's shares continued falling following the move.Source link

A Lawyer and His Wiener Doge Must Be Separated, Phantom Argues in Meme Coin Lawsuit

Phantom’s attorneys say you can’t create a dog-themed meme coin, and then represent plaintiffs in a lawsuit over it. The litigator-turned-degen in question disagrees.Source link

Trump’s Tariffs Just Reshaped Bitcoin’s Backbone

Three major Chinese bitcoin mining rig manufacturers—Bitmain, Canaan, and MicroBT—are relocating their production to the United States. This move allows them to circumvent the punitive tariffs imposed on Chinese imports. Chinese Trio Dominate Global Mining Rig Market In what will be seen as a vindication of U.S. President Donald Trump’s tariff policies, three Chinese bitcoinSource link

Crypto Lenders Hold Nearly $60B of Assets as New Wave of DeFi Adoption Sweeps In: Report

There's a quiet transformation underway in decentralized finance (DeFi).While DeFi's previous bull market was driven by eye-watering—and dubious—yields and speculative frenzy, the current growth has been powered by the sector becoming a backend financial layer for user-facing apps and increasing institutional participation, according to a Wednesday report by analytics firm Artemis and on-chain yield platform Vaults.fyi.The total value locked (TVL) on top DeFi lending protocols—including Aave, Euler, Spark and Morpho—has surged past $50 billion and approaching $60 billion, growing 60% over the past year, the report showed. This growth has been driven by rapid institutionalization and increasingly sophisticated risk management tools."These are not merely yield platforms; they are evolving into modular financial networks undergoing rapid institutionalization," the authors said.The 'DeFi...