In today’s episode, we look at Terraform Labs’ decision to end operations and handover control to the Terra community, MicroStrategy’s plans for a $500 million stock sale to fund additional Bitcoin acquisitions, reinforcing its commitment to BTC as a treasury reserve asset, and Paradigm raising $850 million for a third crypto fund.
Further reading:
- Terraform Labs to end operations, Terra community will take over
- MicroStrategy plans $500M stock sale to buy more Bitcoin
- Bitcoin whales scoop up $1.4B in 24 hours amid market correction
- President Biden announces picks for SEC, FDIC and Treasury leadership
- Paradigm raises $850M for third crypto fund
So, grab yourself a coffee, and let’s get into it!
This episode of Rise’n’Crypto is brought to you by Cointelegraph and is hosted by Savannah Fortis. You can follow Savannah on X.