[ad_1] Issuers use these hedges with convertible debt to prevent dilution to existing shareholders, even when their share price rises above the conversion price, though they have to pay a fee. During its breakneck rally, fitness company Peloton famously raised $1 billion in convertible debts in 2021, including a capped call option. “The capped call … Read more
[ad_1] The highly anticipated Dencun upgrade for the Ethereum (ETH) ecosystem is on the horizon, promising to bring significant cost reductions and notable changes to Layer 2 (L2) networks. The update, scheduled for March 13, will introduce a new data storage system known as blobs, reducing congestion on the Ethereum network and driving key new features … Read more
[ad_1] NEAR, the native token of the Layer 1 (L1) public blockchain NEAR Protocol, has substantially risen during this bull run after registering remarkable gains since the end of 2023. As the price of Bitcoin continues to soar, NEAR has recorded an over 130% price surge in the past month, and analysts forecast that the … Read more
[ad_1] The brokerage firm lifted its rating on the crypto exchange’s shares to market perform from underperform. [ad_2] Source link
[ad_1] Since December a spate of crypto finance projects in the Solana blockchain ecosystem have released tokens in attempts to “decentralize” their governance. Holders of these tokens get to vote on the directions of their protocols. Oftentimes those who have used the protocol heavily – by, say, trading hundreds of NFTS – get bigger allocations … Read more
[ad_1] Two other crypto criminals, including Larry Harmon, the former CEO of bitcoin mixer Helix, and Ilya Lichtenstein, who, along with his wife Heather “Razzlekhan” Morgan, laundered $3.6 billion in bitcoins from the 2016 Bitfinex hack, testified against Sterlingov during his trial. Lichtenstein pleaded guilty last August and has not yet been sentenced while Harmon … Read more