MicroStrategy proposes $500 million convertible note offering to acquire more bitcoin – The Block
Business intelligence company and corporate bitcoin holder MicroStrategy is seeking to raise $500 million through a convertible note offering, with an option for an additional $75 million. The company said it will issue the notes due 2032 in a private placement to qualified institutional investors, subject to market conditions and other factors. statement These are […]
Republicans block bill requiring Supreme Court to adopt enforceable ethics code
Sen. Lindsey Graham of South Carolina, the top Republican on the Senate Judiciary Committee, and other Republican senators on Wednesday blocked a bill that would have required the Supreme Court to adopt a code of conduct and create a mechanism to enforce it, following several high-profile controversies. The bill, the Supreme Court Ethics, Challenge and […]
Rare ancient ‘book’ with earliest known full copies of two books from Bible hits auction block with eye-popping price tag
One of the oldest surviving books is set to go up for auction. The Crosby-Schoyen Codex, a collection of early Christian documents that renowned papyrologist William Willis estimated using carbon dating to date to the third century A.D., is going up for auction on Tuesday. “These pages are in better readable condition than the Dead […]
Joe Biden’s 2022 Vow to Block Trump’s Reelection Sparked Eruption of Seemingly Coordinated Lawfare Against Trump
President Joe Biden has vowed to take steps beyond the ballot box to block former President Donald Trump’s reelection in November 2022. The sensational pledge comes ahead of the launch of an extraordinary legal attack against Trump and raises a key date that could undermine Biden’s denial of White House involvement. The significance of that […]
London Breed’s budget proposal could put nonprofit groups on chopping block
San Francisco nonprofit groups are sounding the alarm after Democratic Mayor London Breed’s newest budget proposal threatens to leave many of them out in the cold. Breed’s plan, which was released last week, attempts to close a nearly $800 million two-year deficit while making good on campaign promises to beef up the city’s police department, […]
Telecom industry groups sue to block Biden’s reinstatement of net neutrality rule
See what’s clicking on FoxBusiness.com Several groups representing the U.S. telecommunications industry have filed a lawsuit seeking to block the Biden administration from reinstating net neutrality rules that were scheduled to take effect on July 22. The Federal Communications Commission (FCC) and its 3-2 Democratic majority voted along party lines in April to reaffirm its […]
SEC Chair Gary Gensler says disclosures not enough to protect crypto exchanges – The Block
Regulation • June 5, 2024 3:38 PM EDT Published 1 minute ago upon U.S. Securities and Exchange Commission Chairman Gary Gensler said on Wednesday that federal securities regulators may still take enforcement action against cryptocurrency exchanges even if they disclose the risks of their products to retail investors. On CNBC interviewGensler said that crypto exchanges […]
Spot Ethereum ETFs could absorb over 1 million ETH in first 5 months: K33 – The Block
A new U.S. spot Ethereum exchange-traded fund could attract net inflows of $3.1 billion to $4.8 billion in its first five months of trading, according to analysts at K33 Research. The analysts’ estimates are based on a comparison of the market caps of Bitcoin and Ethereum, K33 senior analyst Vetul Lunde and DeFi analyst David […]
Biden order to block most illegal immigrants when crossings surge, as election nears
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Anti-Israel Protesters Block LGBTQ Pride Parade in Philadelphia
A group of anti-Israel protesters disrupted the LGBTQ Pride Parade in the streets of Philadelphia on Sunday, forcing the march to halt. Demonstrators chanted a variety of anti-Israel slogans that have been heard at previous protests across the country. “Palestine will live forever! From the sea to the river!” and “We take no pride in […]