Charles Schwab Plans Direct Crypto Investments Pending Regulatory Changes
Charles Schwab plans to offer spot crypto trading to clients, pending regulatory changes, under incoming CEO Rick Wurster. Charles Schwab’s Plans Bloomberg reported that Charles Schwab, a significant financial services company in the United States, intends to provide spot crypto trading to its clients in anticipation of favorable regulatory changes that are anticipated to occur […]
MicroStrategy Raises $3B To Acquire More Bitcoin
MicroStrategy (MSTR) has concluded a $3B offering of 0% convertible senior notes due in December 2029. The company intends to allocate the proceeds to buy more Bitcoin. MicroStrategy (MSTR) has successfully concluded a $3 billion offering of 0% convertible senior notes due in December 2029. The company intends to allocate a portion or the entirety […]
Sui Network Restores Service After Major Outage
Sui network experienced a two-hour outage on Nov. 21 due to a bug in its congestion control system, causing validator crashes. On November 21, the Sui blockchain, a burgeoning competitor in the layer-1 space, experienced its initial substantial network disruption, which resulted in a suspension of block production for more than two hours. Validators malfunctioned […]
Russia’s Trade Thrives Despite Western Sanctions, Official Says
Russian Finance Minister Anton Siluanov asserted that Western sanctions won’t hinder Russia’s foreign trade, highlighting resilient trade dynamics and projected 4% economic growth despite over 2,000 restrictions. Anton Siluanov, the Russian Finance Minister, has asserted that Western sanctions will not impede Russia’s foreign trade. Siluanov observed in an interview with Nailya Asker-Zade on the Rossiya-24 […]