We are informing that the reason for the plunge from 0.0034 usdt to 0.0015 usdt on November 16.
When listing on Lbank, SitPay Foundation deposited the Sitpay in the wallet of 0x22f83e4b9cb95cb88e8f4f15ea598c74c2788.
Trading Pair: SIT/USDT
Deposit Enable: 15:00 on November 19, 2021 (UTC+8)
Trading Open: 15:00 on November 12, 2021 (UTC+8)
Withdrawal Enable: 15:00 on November 19, 2021 (UTC+8)
As the above notice, when Hotbit Sitpay price rose significantly in a situation when withdrawal was impossible, We confirmed the record of withdrawing 32 million Sitpay from Lbank to Hotbit that we deposited The L-Bank Exchange directly moved the Sitpay to hotbit and plunged the price, and we will disclose this case to all media and hold it accountable.
We are informing that the reason for the plunge from 0.0034 usdt to 0.0015 usdt on November 16.
When listing on Lbank, SitPay Foundation deposited the Sitpay in the wallet of 0x22f83e4b9cb95cb88e8f4f15ea598c74c2788.
Trading Pair: SIT/USDT
Deposit Enable: 15:00 on November 19, 2021 (UTC+8)
Trading Open: 15:00 on November 12, 2021 (UTC+8)
Withdrawal Enable: 15:00 on November 19, 2021 (UTC+8)
As the above notice, when Hotbit Sitpay price rose significantly in a situation when withdrawal was impossible, We confirmed the record of withdrawing 32 million Sitpay from Lbank to Hotbit that we deposited The L-Bank Exchange directly moved the Sitpay to hotbit and plunged the price, and we will disclose this case to all media and hold it accountable.
The seemingly negative pandemic effects and resource/product shortages are encouraging and allowing organizations to innovate and change.The news of cash-rich organizations getting ready for the post-Covid growth economy is a sign of more than capital spending plans. Cash provides a cushion for risk-taking and a tool for growth.
Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
