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Calamos Advisors' Secret Bet on MicroStrategy: $130 Million Convertible Notes Fuel Bitcoin Strategy
Calamos Advisors' Secret Bet on MicroStrategy: $130 Million Convertible Notes Fuel Bitcoin StrategyA Bloomberg report revealed a little-known investment maneuver: Eli Pars, co-chief investment officer at Calamos Advisors LLC, was among the buyers of over $6 billion in convertible notes issued by MicroStrategy this year. This massive fundraising round was crucial to MicroStrategy's ongoing expansion of its Bitcoin reserves...
Blockchain 2024-12-05 10:39:55 -
Samsung Galaxy S25 Series European/Global Variants Receive FCC Certification, Highlighting UWB Feature
Samsung Galaxy S25 Series European/Global Variants Receive FCC Certification, Highlighting UWB FeatureThe European/global variants of the Samsung Galaxy S25 series have recently received certification from the Federal Communications Commission (FCC), bringing the highly anticipated flagship series closer to its official launch. While the US variants were previously certified, this certification of the European/global versions further solidifies Samsung's plans for the upcoming flagship release...
Mobile Internet 2024-12-05 10:31:43 -
Guangzhou Promotes High-Quality Development of E-commerce: Draft for Comments Encourages Technological Innovation and Digital Transformation
Guangzhou Promotes High-Quality Development of E-commerce: Draft for Comments Encourages Technological Innovation and Digital TransformationThe Guangzhou municipal government recently issued a notice soliciting public comments on the "Several Measures on Promoting the High-Quality Development of E-commerce in Guangzhou (Draft for Comments)." This draft aims to propel the high-quality development of e-commerce in Guangzhou and proposes numerous specific measures to achieve this goal...
Blockchain 2024-12-05 10:23:39 -
Zhongmao Blockchain Awarded Patent for "Conveniently Mounted Mobile Phone Integrated Circuit Board," Boosting Production Efficiency
Zhongmao Blockchain Awarded Patent for "Conveniently Mounted Mobile Phone Integrated Circuit Board," Boosting Production EfficiencyOn December 5, 2024, the State Intellectual Property Office of China announced that Zhongmao Blockchain (Shenzhen) Co., Ltd...
Blockchain 2024-12-05 10:09:53 -
Patent Granted for Blockchain and IoT-Based Carbon Emission Accounting Method and System
Patent Granted for Blockchain and IoT-Based Carbon Emission Accounting Method and SystemOn December 5, 2024, the State Intellectual Property Office of China announced the public disclosure of a patent application filed by SuMo Intelligent Technology (Nanjing) Co., Ltd...
Blockchain 2024-12-05 09:59:21 -
Federal Reserve Chair Powell: Bitcoin's Competitor is Gold, Not the Dollar; Crypto Market Sees Wild Swings, Over 160,000 Liquidations
Federal Reserve Chair Powell: Bitcoin's Competitor is Gold, Not the Dollar; Crypto Market Sees Wild Swings, Over 160,000 LiquidationsAnother Hong Kong-listed company, BOYA Interactive (HK00434), also drew attention due to its cryptocurrency holdings. On November 12th, the company announced that, as of the announcement date, it held 2,641 Bitcoins at a total cost of approximately $143 million (average cost of approximately $54,000 per coin) and 15,400 Ethereums at a total cost of approximately $42...
Blockchain 2024-12-05 09:51:58 -
Tencent Files Blockchain-Based Data Processing Patent: Ensuring Transaction Data Validity
Tencent Files Blockchain-Based Data Processing Patent: Ensuring Transaction Data ValidityOn December 5, 2024, the State Intellectual Property Office of China revealed that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2024-12-05 09:04:49 -
Tencent Files Blockchain-Based Data Processing Patent to Enhance Data Anonymity and Reliability
Tencent Files Blockchain-Based Data Processing Patent to Enhance Data Anonymity and ReliabilityOn December 5, 2024, the State Intellectual Property Office of China revealed that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2024-12-05 08:59:24 -
Putin's Bitcoin Endorsement: Russia's Strategic Shift Towards Crypto
Putin's Bitcoin Endorsement: Russia's Strategic Shift Towards CryptoRussian President Vladimir Putin's recent public endorsement of cryptocurrencies, particularly Bitcoin, marks a strategic shift in Russia's response to Western sanctions and its pursuit of economic independence. He questioned the necessity of holding massive foreign exchange reserves, suggesting crypto assets like Bitcoin could be a more reliable alternative...
Blockchain 2024-12-05 08:56:41 -
OpenAI Surpasses 300 Million Weekly Active Users, Aims for 1 Billion, Challenges Tech Giants
OpenAI Surpasses 300 Million Weekly Active Users, Aims for 1 Billion, Challenges Tech GiantsDecember 5th brought news that OpenAI, the highly-regarded American AI startup, has reached a new milestone: over 300 million weekly active users. This comes after months of executive changes, acquisition offers, and soaring valuations...
Industry dynamics 2024-12-05 08:26:03 -
DeepMind Unveils Genie2: An AI Model Generating 'Endless' 3D Worlds
DeepMind Unveils Genie2: An AI Model Generating 'Endless' 3D WorldsOn December 5th, Google's AI research arm, DeepMind, launched Genie2, a novel AI model capable of generating 3D worlds with seemingly limitless possibilities and diverse styles. An upgrade to the Genie model released earlier this year, Genie2 creates interactive, real-time 3D environments from just an image and a text prompt...
Industry dynamics 2024-12-05 08:23:32 -
BlackRock Warns: Fed to Remain on Hold Next Year, Investors Should Favor Global Bonds Over Long-Term Treasuries
BlackRock Warns: Fed to Remain on Hold Next Year, Investors Should Favor Global Bonds Over Long-Term TreasuriesJean Boivin, head of BlackRock Investment Institute (BII), recently stated in an interview that the Federal Reserve will likely remain on hold next year due to persistent inflation, advising investors to favor global bonds over long-term US Treasuries. He argued that the current market environment isn't the start of an easing cycle, but rather an adjustment or recalibration, with the Fed unlikely to accommodate the market with rate cuts...
Blockchain 2024-12-05 08:13:05