The Protocol: Polyhedra Promises Buyback Plan After Liquidity Attack

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter. In this issue: Polyhedra Blames Liquidity Attacks for Sudden 80% Price Drop in ZKJ, Promises Buyback UK Startup Optalysys Debuts Server for Blockchains Kraken-Backed Ink Foundation to Airdrop INK Token, Starting…

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Bitdeer Raises $330M to Expand Bitcoin Mining and AI Operations

Bitcoin Magazine Bitdeer Raises $330M to Expand Bitcoin Mining and AI Operations Singapore-based Bitcoin mining firm Bitdeer Technologies Group has launched a $330 million convertible notes offering, aiming to strengthen its mining operations, develop ASIC rigs, and scale its AI infrastructure.  The notes, due in 2031, carry an annual interest rate of 4.875% and may…

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