News list for " announced plans"
Meteora, a liquidity platform for stabilizing assets on Solana, announced on the X platform that it intends to airdrop M3M3 tokens to some pledgers. Fee rewards worth more than $4 million will be distributed to the first 999 $M3M3 pledgers. It is reported that M3M3 fee reward funds mainly come from the trading fees locked in the liquidity in the Memecoin pool. These fee rewards need to be manually collected by the pledger.
Sydney-based bitcoin miner IREN has announced plans to raise $400 million (3.25% coupon, 30% conversion premium) by issuing a convertible bond, an increase from the previously announced principal amount of the $300 million note, the issue and sale of which is scheduled to settle on December 6, 2024, subject to customary closing conditions. In addition, IREN said it plans to expand its bitcoin mining capacity to 50 EH/s by the first half of 2025.
Bitcoin accelerator Bitcoin Frontier Fund has announced its intention to invest in the sBTC ecosystem team, which aims to promote DeFi solutions in the Bitcoin ecosystem. The current portfolio of Bitcoin Frontier Fund includes Xverse, ALEX, Liquidium, Bitflow, and others.
The HKMA today announced that it intends to rename virtual banks as digital banks. The HKMA clarified that the choice of digital banks can be distinguished from the existing "digital banking services" of traditional banks. Digital banks place more emphasis on the business model and application of fintech adopted by virtual banks, rather than their form of deposit. In addition, the HKMA said that the renaming of virtual banks as digital banks does not mean that only such banks can provide digital...
