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US-listed company Sequans has announced the completion of a $384 million strategic investment and the launch of a Bitcoin Treasury program

4 hours ago

On July 8th, the U.S.-listed company Sequans Communications S.A. (NYSE: SQNS) announced the accomplishment of a $384 million strategic investment, which set off the previously declared Bitcoin treasury program. The financing consists of a $195 million PIPE financing and a $189 million convertible bond issuance. All the net proceeds from the issuance will be utilized to purchase Bitcoin.
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xStocks will be integrated into the upcoming Jupiter Lend.

On July 8th, according to official channels, Jupiter Exchange has become a member of the xStocks Alliance and is jointly committed to achieving financial democratization. Jupiter gathers a liquidity pool and RFQ from Solana to achieve unrestricted access and a smooth user experience. It now also supports stock tokenization. The xStocks will be integrated into the upcoming Jupiter Lend, releasing liquidity for users, achieving capital-efficient borrowing and lending, and creating market-driven returns.

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Tornado Cash co-founder Roman Storm's trial is still scheduled to begin on July 14th

On July 8th, according to a report from Blockworks, the U.S. Eleventh Circuit Court of Appeals has granted the joint motion of the Treasury Department and the Coin Center to dismiss the Coin Center's appeal regarding the sanctions on Tornado Cash. This shows a notable change in the U.S. government's stance towards the crypto field. As early as March of this year, the U.S. government took the initiative to lift these sanctions. In the motion to dismiss, U.S. government lawyers stated that it was this proactive decision that made the case "moot." This decision did not stop the legal process against Roman Storm, the founder of Tornado Cash. His trial is scheduled to begin next Monday, July 14th.

1 minutes ago

US Stocks and Cryptocurrency Concept Stocks Soar in Early Trading, SharpLink Gaming Surges Over 21%

On July 8th, based on market data, the US stock cryptocurrency concept sector witnessed a collective surge at the opening. SharpLink Gaming rose by more than 21%, Bit Digital increased by more than 19%, Bakkt Holdings surged by more than 7%, and IREN Ltd climbed by more than 5%.

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DeFi Development now holds 47,272 SOL tokens, worth approximately $7.19 million

On July 8th, according to official channels, the Nasdaq-listed company DeFi Development Corp. (with the Nasdaq code: DFDV) declared that it has augmented its holdings by 47,272 SOL, which is approximately worth $7.19 million.

1 minutes ago

MoonPay supports Apple Pay zero-fee balance top-up in the US, UK, and Europe to purchase cryptocurrency

On July 8th, according to official information, the cryptocurrency payment platform MoonPay announced that users in the regions of the United States, the European Union, and the United Kingdom can now top up their MoonPay balances through Apple Pay with zero fees in order to purchase cryptocurrency.

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Robinhood CEO: Received a Large Number of Requests from Private Companies to Issue Tokenized Stocks

On July 8th, as reported by Cointelegraph, following the launch of Robinhood's stock token platform in the European Union last week, it has garnered significant interest from a large number of private companies that are seeking to tokenize their equities. Robinhood's CEO, Vlad Tenev, indicated that the company has received a plethora of requests from private enterprises desiring to enable retail investors to participate in their equity trading via blockchain-based tokens. The platform is currently accessible only within the European Union and supports tokenized trading of more than 200 US stocks, with trading operations occurring five days a week. Furthermore, the platform has carried out a promotional activity, offering away non-tradable tokens representing private companies like OpenAI and SpaceX for free.

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