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According to WSJ, SBF was locked in a cell with former Honduran president and former Mexican police chief, who were involved in drugs. The SBF also provided cryptocurrency advice to the guards. SBF's sentencing will take place on March 28, 2024.
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FOX Business reporter Eleanor Terrett reported that crypto payment service provider MoonPay is in talks with Helio about an acquisition for approximately $150 million. This will be MoonPay's largest acquisition ever. Helio provides a self-service crypto payment platform similar to Coinbase Commerce, serving content creators and e-commerce merchants.
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Grayscale submitted a Grayscale Horizen Trust (ZEN) 8-K form to the US SEC, which showed that the trust fund privately issued 3,565,200 shares to specific "qualified investors", totaling approximately 304,034 ZEN tokens, worth $4,712,299. https://www.sec.gov/Archives/edgar/data/1748945/000095017024139563/0000950170-24-139563-index.htm
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MicroStrategy announced that it will hold a special shareholders meeting to increase the authorized Class A shares from 330 million to 10.33 billion shares and the authorized preferred shares from 5 million to 1.005 billion shares to expand financing options.
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Avalon Labs has completed a $10 million Series A financing round, led by Framework Ventures. Avalon Labs aims to develop the Bitcoin-backed stablecoin USDa and its Bitcoin DeFi ecosystem. The current TVL of USDa is $700 million. https://www.coindesk.com/business/2024/12/23/avalon-labs-raises-10-m-series-a-to-grow-bitcoin-backed-stablecoin?utm_campaign=coindesk_main&utm_source=twitter&utm_content=editorial&utm_medium=social&utm_term=organic
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