Governance
Top tech news stories today: March 7, 2024
Burnt Banksy launches XION blockchain and MicroStrategy raises convertible notes offering to $700M amid stock rally and other news.
Headline
Burnt Banksy launches XION blockchain and MicroStrategy raises convertible notes offering to $700M amid stock rally and other news.
Context
Our favourite stories from around the web today. Burnt Banksy announced the launch of XION’s mainnet, “the first blockchain purpose-built for mainstream adoption and the first to use USDC, a fully-reserved digital dollar, as its primary transactional currency.” ( Coindesk )
Evidence
Pending intelligence enrichment.
Analysis
Users will be able to stake their BNB and FDUSD into separate pools to farm AEVO tokens over five days, with farming starting from 2024-03-08 00:00 (UTC). Binance will then list AEVO at 2024-03-13 10:00 (UTC) and open trading with AEVO/BTC, AEVO/USDT, AEVO/BNB, AEVO/FDUSD and AEVO/TRY trading pairs. ( Blockchain News ) Nigerian central bank hires Gluwa to advance eNaira through credit profiles. The pioneering African CBDC has few users, but creating credit histories for them will promote financial inclusion. ( Cointelegraph ) MicroStrategy Upsizes Convertible Debt Offering to $700M to Buy Even More Bitcoin. MicroStrategy upsized its convertible debt offering to $700 million from $600 million to buy bitcoin. The conversion price of the notes represents 42.5% premium to March 5 close. ( Cointelegraph ) On 27th February 2024, the Internet Governance Forum (IGF) 2024 commenced its first open consultations and Multi-stakeholder Advisory Group (MAG) meeting at the Hilton Riyadh Hotel, marking a pivotal step towards shaping the global digital governance agenda. ( Twitter )
Key Points
- 1. Burnt Banksy launches XION blockchain, with USDC as primary currency
- 2. Binance launches AEVO on Launchpool
- 3. Nigerian central bank hires Gluwa to advance eNaira through credit profiles
- 4. MicroStrategy raises convertible notes offering to $700M amid stock rally
- 5. The IGF’s Multi-stakeholder Advisory Group & Leadership Panel met last week in Riyadh, Saudi Arabia
Actions
Pending intelligence enrichment.
