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Daily | GameStop plans to issue $1.3 billion convertible priority notes for purchase of Bitcoin; Binance Wallet will launch KiloEx TGE

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Reprinted from chaincatcher

03/27/2025·1M

Compiled by: Jerry, ChainCatcher

Important information:

“What important events have happened in the past 24 hours”

GameStop plans to issue $1.3 billion convertible priority notes for purchase of Bitcoin

GameStop announced plans to qualify institutional investors with a private placement offering of 0.00% convertible priority notes (expired in 2030) totaling $1.3 billion. Depending on the market conditions, the company can also authorize the initial purchaser to purchase notes up to US$200 million within 13 days.

GameStop said the funds raised will be used for general corporate purposes, including the purchase of Bitcoin in accordance with the company's investment policies.

The U.S. House of Representatives is about to announce draft amendment to the crypto market structure bill

According to The Bl o ck, French Hill, chairman of the U.S. House Financial Services Committee, said at a blockchain summit in Washington that the new version of the revised draft of the Crypto Market Structure Act will be released in the next few days, an updated version of the "21st Century Financial Innovation and Technology Act" (FIT21) passed by the House last year.

The bill has not been formally introduced in this Congress, but was passed in the House last year with 71 Democratic lawmakers, including former Speaker Nancy Pelosi. Hill said the draft has been adjusted based on "technical opinions" from multiple parties. The bill intends to give the Commodity Futures Trading Commission (CFTC) more regulatory powers and funds to oversee crypto spot markets and “digital commodities” such as Bitcoin, and to further clarify the role of the Securities and Exchange Commission (SEC).

Interactive Brokers adds SOL, ADA, XRP, and DOGE trading services

According to Bloomberg, the American online broker Interactive Brokers announced that it has added new trading services to its trading platform, including Solana (SOL), Cardano (ADA), Ripple (XRP) and Dogecoin (DOGE).

Users can trade these crypto assets through the same platform as stocks, options, futures, foreign exchange, bonds and mutual funds. Previously, the platform has supported BTC, ETH, LTC and BCH.

Zhao Changpeng: The received BNB will be donated or used to support the BSC ecosystem project, and other tokens received will not be processed.

Binance founder Changpeng Zhao (CZ) posted on social media that he would use all BNB fees or donations received through public addresses to help the BSC community projects. Some tokens may be purchased directly with these funds, as this is the easiest way to support a BSC project.

At the same time, Zhao Changpeng also mentioned that for other tokens sent to the address, he will ignore them as long as possible, because it takes extra effort to process these tokens.

OKX will launch FLUID spot trading

According to official news, OKX announced that it will launch FLUID (Fluid) spot trading. FLUID/USDT spot transactions will be officially opened at 18:00 Beijing time on March 27, 2025.

uDEX: 18 million UUUs related to Binance employee "insider trading" will be destroyed with Binance assistance

According to an official announcement from uDEX, the project has coordinated with all stakeholders and reached the following action plan, aiming to eliminate market concerns and move the project forward:

  1. The development team wallet (similar to foundation) will be locked for 2 years;
  2. $149 million in the internal wallet (14.9% of the total supply) will be used for community airdrops, partnerships and liquidity provision, with all operations remaining transparent and rolling locking implemented;
  3. 500 million USUUUs (50% of the total supply) will be sent to the black hole address for permanent destruction, which is expected to be completed in the near future;
  4. The 18 million $UUUs related to insider trading will be destroyed with the assistance of Binance;

Binance Wallet will launch KiloEx TGE with subscription limit of 3 BNB

According to official news, Binance Wallet announced that KiloEx (KILO) will conduct TGE activities in Binance Wallet, which will be from 18:00 to 20:00 (UTC+8) on March 27. The event will sell 50 million KILO tokens, each price is 0.00002428 BNB, and the subscription limit is 3 BNB.

“What are some great articles worth reading in the past 24 hours”

With $1.3 billion bet on Bitcoin, can GameStop 's transformation bet win?

Once upon a time, it overturned Wall Street with its stock price soaring, and now it bets on Bitcoin to try to leverage new growth engines.

If you are trapped in the center of controversy again, will HyperLiquid, the "Binance on Chain" fall down?

Holder is going to panic? Can the signature of "Binance on Chain" be kept?

Behind the postponement of TGE by Lnfi Network, the BTC ecosystem continues to be weak. Is there any rescue in the future?

The dilemma of BTC ecological group under market cycles, technical bottlenecks and lack of trust.

ChainCatcher Space Review: Behind Hyperliquid’s game with whales, where is the future path for on-chain trading?

ChainCatcher invited 6 front-line VCs and researchers to discuss investment challenges and opportunities in turbulent markets.

" Miyazaki Hayao Style" Meme is popular all over the Internet, and Ghibli tokens have increased by more than 100 times in half a day

what happened? What is Ghibli?

What is the ReachMe on the CZ platform this morning? Will it trigger a resurgence of encrypted social interaction?

Spend some money and reach the big KOL.

Meme Popular List

According to the market data of Meme token tracking and analysis platform GMGN , as of March 27, 19:50:

The top five popular Ethereum tokens in the past 24h are: GHIBLIDOGE, Ghibli, DOPE, TALK, and GPEPE

The top five popular tokens in the past 24h are: REVS, Ghibli, YODA, anime, jellyjelly

The top five popular tokens in the past 24h Base are: SKITTEN, TIMI, VIRTUAL, BSC, PEPPER

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