Tether CEO: Open Source Password Manager PearPass Set to Launch Across All Platforms

September 17th. The Nasdaq-listed company Caliber recently announced that it has entered into a securities purchase agreement with institutional investors. It successfully sold $15.9 million worth of perpetual convertible preferred stock and initiated an At-The-Market (ATM) Equity Offering Program. Under the Preferred Investment Agreement, Caliber issued 15,868 shares of Series B Preferred Stock at a price of $1,000 per share, raising approximately $15.868 million. The Series B Preferred Stock is convertible into Caliber common stock at the holder's option at a price of $250 per share. It carries no voting rights, does not pay dividends or interest, and has a seniority over Caliber's Class A and Class B common stock but is junior to the company's Series A and Series AA Preferred Stock. In addition, Caliber has filed a supplement to its prospectus with the U.S. Securities and Exchange Commission (SEC) to activate the ATM program. This program is based on the company's existing $50 mill

On September 17th, the Qatar National Bank Group (QNB Group), Standard Chartered Bank, and DMZ Finance announced the commencement of a regulated tokenized currency fund, namely the QCD Money Market Fund, at the Dubai International Financial Centre (DIFC). This fund, which was initiated and managed by the largest bank in the Middle East and Africa, Qatar National Bank Group, will have its underlying investments overseen by QNB Group. DMZ Finance serves as a co-initiator and the exclusive provider of tokenization infrastructure.

September 17th - The developer of Bitcoin mining and AI data centers, Soluna, announced a credit agreement with Generate Capital, which is worth up to $100 million. The initial drawdown is $12.6 million, and the annual interest rate is approximately 15%. The funds will be utilized for the refinancing and construction of the Texas Project Dorothy data center. Soluna has previously raised more than $30 million from Galaxy Digital, Spring Lane Capital, and other entities. (TheMinerMag)

September 17th. David Mericle, an economist at Goldman Sachs, stated in a report: "The crucial question for the September Federal Open Market Committee meeting is whether the Committee will convey that this is probably the first among a series of successive rate cuts. The statement is anticipated to recognize the weakness in the labor market, yet we do not think the policy guidance will be modified or suggest a rate cut in October. Nevertheless, Chairman Powell may subtly give a hint in this regard during the press conference." Mericle anticipates that the "dot plot" will exhibit two rate cuts rather than three, although the difference is slight. In fact, Powell's remarks during the post-meeting press conference are typically more significant than the Federal Open Market Committee's statement. Along with the statement and dot plot, officials will also issue updated forecasts for GDP, unemployment, and inflation. (Fx678)

September 17th. According to an announcement made by the Hong Kong Stock Exchange, the Hong Kong-listed company Qianxun Technology has disclosed that it has signed a non-legally binding Memorandum of Understanding for a potential acquisition transaction. It is planned to acquire 100% equity of the Web 3 FinTech company Punk Codes for no more than 25 million Hong Kong dollars. The founding team of the latter mainly originates from Tencent and was involved in establishing Tencent's Hong Kong virtual bank, Fusion Bank, in 2020 and has been exploring blockchain finance, digital assets, and other scenarios.

September 17th. As per official channels, Binance made an announcement regarding the launch of the VIP Exclusive Plan. This particular plan is intended to offer VIP users with exclusive possibilities so as to assist them in sustaining and relishing their VIP status over an extended period. The VIP Exclusive Plan is exclusively accessible to VIP users within the VIP Trader Plan. Users who have achieved VIP level 5 or higher through the VIP Trader Plan within the past 180 days and have maintained it for at least 150 days will be conferred with the exclusive status.