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Showing posts with the label crypto community

Hamster Kombat NFT Game Faces Massive Community Backlash Over Unfair Token Distribution

Hamster Kombat, one of the most popular play-to-earn non-fungible token-based games, has updated its token distribution portal ahead of its much-awaited $HMSTR airdrop on September 26, 2024. The renowned NFT game has received massive community backlash on social media platforms, with many crypto users complaining and lamenting over an extremely unfair crypto token distribution. Hamster Kombat Sets To Launch Token Airdrop Next Week Hamster Kombat is the latest sensation in Telegram-based gaming, recapturing the excitement of the popular Notcoin clicker game, which attracted more than 300 million players in less than five months since its launch in March 2024. This viral Telegram-based crypto and non-fungible token–based game allows gamers to mine Hamster coins “$HMSTR” by managing a virtual crypto exchange. In Hamster Kombat, gamers play the hamster’s chief executive officer role, aiming to boost the startup’s well-being and push it to the top of the indu...

Michael Saylor Leads MicroStrategy In $700 Million Fundraising To Redeem Debt, Boost Bitcoin Hoard

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Michael Saylor’s MicroStrategy plans a private offering of $700 million in convertible senior notes to pay off $500 million of debt and further boost its Bitcoin hoard. This is the third debt offering by the company in 2024 and is only available to accredited institutional buyers. MicroStrategy Announces Proposed Private Offering of $700M of Convertible Senior Notes $MSTR https://t.co/OCq7wj2u0P — Michael Saylor⚡️ (@saylor) September 16, 2024 MicroStrategy Holds More Than 1% Of The Bitcoin Supply MicroStrategy raised about $700 million in its first 2024 debt offering in March, and followed that with another $500 million in June. The notes will bear interest payable twice yearly and mature on September 15, 2028. CEO Michael Saylor has been a vocal advocate of Bitcoin and cryptocurrencies. The company has spent over $8.3 billion as of September 2024 to amass 244,800 BTC, more than 1% of the Bitcoin supply. The s tash was bought for an average price of $3...