DeepSeek announced today that starting next week, it will open-source five codebases, and new content will be unlocked every day to further share new progress. According to DeepSeek, the modules of the current online service have been tested, deployed and ready to be put into production. The company defines itself as a small company, adding that every share becomes a powerful force that accelerates the journey of the industry. There is no lofty ivory tower in this field, but only pure garage ent...
Strategy today announced the pricing of its offering of 0% Convertible Senior Notes ("Notes") due 2030. Strategy estimates that net proceeds from the offering, net of fees and estimated expenses, will be approximately $1.99 billion (or approximately $2.28 billion if the initial purchaser fully exercises the option to purchase additional Notes). Strategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of Bitcoin and as Working Funds.
MARA Holdings, Inc. today announced its intention to issue a private placement of $700 million of aggregate principal in the 2030 convertible senior notes due (the "Notes"), with proceeds primarily used to purchase bitcoin, repurchase existing convertible notes due 2026, and for general corporate purposes. MARA expects to use the net proceeds from the sale of the Notes up to $200 million to repurchase its existing convertible notes due 2026 through a privately negotiated transaction (the "Existi...
Nasdaq, in partnership with CF Benchmarks, today announced an application to the Securities Exchange Commission to list and trade options on the Nasdaq Bitcoin Index (XBTX). Upon regulatory approval, investors will be able to manage positions and hedge investments in cryptocurrencies through options, further enhancing the maturity and liquidity of the asset class. Pending regulatory approval, the index option will track the value of the CME CF Bitcoin Real-Time Index (BRTI).
On August 14th, CTH Group announced today that Mr. Clarence Yeo, a former Senior Advisor (Special Duties) to the Ministry of Home Affairs of Singapore, has officially joined the group as a senior advisor. Mr. Yeo's addition will further strengthen CTH Group's strategic layout, especially in key areas of deepening social engagement, building partnerships, and leadership development in Singapore. After joining...
According to Caixin, the July Caixin China General Service Industry Business Activity Index (PMI) released on August 5 recorded 52.1, up 0.9 percentage points from June, indicating that the expansion of the service industry has accelerated.
Decentralized computing platform Chainlink today announced a partnership with Fidelity International and crypto bank Sygnum on a project focused on bringing NAV data to the blockchain. The partnership aims to provide transparency and accessibility to NAV data for tokenized assets, specifically Sygnum's recently released on-chain representation, which represents the 50 million USD Matter Labs reserves held in Fidelity's 6.90 billion USD Institutional Liquidity Fund. Chainlink says its technology ...