Ark Labs Raises $5.2 Million Seed Round Backed By Tether To Expand Bitcoin Layer-2 Payments Network

Bitcoin infrastructure startup Ark Labs has secured $5. 2 million in a new seed funding round, attracting support from several major crypto investors, including stablecoin giant Tether. The investment signals growing interest in technologies designed to expand Bitcoin’s capabilities beyond simple transfers and store-of-value use cases.

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Samara Asset Group Plans up to $32.8M Bond to Expand Bitcoin Holdings

Samara has mandated Pareto Securities to manage bond issuance, which aims to increase bitcoin reserves and expand its investment portfolio.

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RedStone brings oracles for Bitcoin staking to expand use cases in defi

Blockchain oracle provider RedStone has announced the launch of oracles designed specifically for Bitcoin staking. RedStone, a modular oracle provider, is expanding the list of its available oracles across multiple networks by introducing oracles tailored for Bitcoin (BTC) staking, now…

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TeraWulf sells its 25% stake in Nautilus Cryptomine for $92M

TeraWulf said it will use the proceeds to buy cheaper Bitcoin miners and expand its AI and high-performance computing streams.

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Gensler suggests BNY Mellon’s crypto custody model could expand beyond Bitcoin and Ether ETFs

SEC's Gensler suggests BNY Mellon's crypto custody model might expand to include a wider range of digital assets. The post Gensler suggests BNY Mellon’s crypto custody model could expand beyond Bitcoin and Ether ETFs appeared first on Crypto Briefing.

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Stacks to bring Bitcoin to Aptos network through sBTC integration

The integration of sBTC into Aptos could significantly expand Bitcoin's utility, enabling its use in diverse decentralized applications and smart contracts. The post Stacks to bring Bitcoin to Aptos network through sBTC integration appeared first on Crypto Briefing.

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Coinbase's Version of Wrapped Bitcoin, 'cbBTC,' Goes Live

The token will initially be offered on Ethereum and Coinbase’s Base networks, with plans to expand to more blockchains in the coming months.

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Ethereum Slides But Flips Bitcoin In This Key Metric: Time To Load Up?

Ethereum is down nearly 35% from July highs and roughly 40% from 2024 peaks. While there is hope among holders that the coin will expand, breaking local resistance, the short-term trend favors sellers.

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Top Cryptos to Watch: Pawfury Surpasses 100K Holders, Attracts BCH & TRX Investors

Top Cryptocurrencies to Watch: Pawfury Community Grows to More than 50K Holders, Drawing Bitcoin Cash and Tron Investors Pawfury (PAW) is rapidly becoming a cryptocurrency to watch as its community continues to expand, recently surpassing 50,000 holders.

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Swan Bitcoin and Equity Trust join forces to expand Bitcoin IRAs

Swan Bitcoin is partnering with Equity Trust Company to offer enhanced Bitcoin Individual Retirement Accounts. Clients can now seamlessly manage Bitcoin (BTC) within their retirement portfolios, with new account types such as Solo 401(k)s, Roth Solo 401(k)s, SEP IRAs, and…

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Leading Bitcoin Miner GDA Plans Mining Expansion to 400 MV Leveraging Renewables

Leading Bitcoin miner GDA plans to expand its recently launched 60 MW Texas data center to 400 MW. The ambitious scaling signals GDA's commitment to leveraging Texas' renewable energy and innovation-friendly policies.

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Bitcoin L2 network Mezo launches yield token stBTC

Mezo, a Bitcoin layer-2 network aiming to expand the decentralized finance (DeFi) market on the flagship blockchain, has launched its liquid-staked Bitcoin token, stBTC. The introduction of stBTC brings Bitcoin (BTC) yield to Mezo, the Pantera-backed project announced on Aug.…

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Bitwise Takes Over ETC Group – Home To Europe’s Largest Bitcoin Fund

In a strategic move to expand its presence in Europe and the broader crypto industry, asset manager and Bitcoin exchange-traded fund (ETF) issuer Bitwise Investment has sealed a deal to acquire ETC Group, a major crypto issuer headquartered in London.

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Bitwise acquires $1b Bitcoin ETP issuer to expand into Europe

Crypto asset manager Bitwise has acquired London-based ETC Group, marking its expansion into Europe with over $1 billion in crypto assets under management. Bitwise, the largest crypto index fund manager in the U.

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Marathon Digital Announces $250 Million Offering to Expand Bitcoin Holdings

Сообщение Marathon Digital Announces $250 Million Offering to Expand Bitcoin Holdings появились сначала на Coinstelegram.

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Marathon Digital Holdings To Raise $250 Million To Buy More Bitcoin

Marathon Digital Holdings announced a $250 million private offering of convertible notes to expand its bitcoin holdings. The Bitcoin mining firm aims to mimic MicroStrategy's corporate bitcoin accumulation strategy.

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Bitcoin L2s 101

Bitcoin Layer 2 solutions could significantly enhance transaction speed, reduce costs, and expand Bitcoin's utility, fostering broader adoption. The post Bitcoin L2s 101 appeared first on Crypto Briefing.

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Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench US Financial Hegemony

Trump’s recent speech on bitcoin and crypto embraced policies that will seek to mold bitcoin into an enabler of irresponsible fiscal policy and will employ programmable, surveillable stablecoins to expand and entrench dollar dominance.

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Ferrari To Accept Bitcoin and Crypto Payments In Europe

Luxury sports car manufacturer Ferrari announced it will expand the ability to pay with Bitcoin and crypto to its European dealerships starting this month. The move comes after Ferrari first began accepting Bitcoin and crypto payments at its US dealers last year. Ferrari said the rollout to Europe ...

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Bitcoin miner Riot Platforms acquires rival Block Mining for $92.5m

Colorado-based Bitcoin mining company Riot Platforms has acquired its Kentucky-based competitor Block Mining to increase its operational capacity by 16 EH/s. Bitcoin (BTC) miner Riot Platforms has acquired Block Mining, a Kentucky-based crypto mining firm, for $92.5 million to expand…

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Hive Digital to expand operations to Paraguay for the first time

Bitcoin miner Hive Digital has plans to build a 100-megawatt mining facility in Paraguay powered by the nation’s Itaipu hydroelectric dam.

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TON Foundation announces trustless Bitcoin bridge

Telegram-based TON unveiled new infrastructure to tap into Bitcoin’s blockchain and expand BTC’s utility.

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Satoshi Protocol raises $2m to expand liquidity for Bitcoin holders

Satoshi Protocol, a stablecoin protocol backed by Bitcoin (BTC), has successfully raised $2 million in its seed funding round led by CMS Holdings and RockTree Capital. The protocol, which enables Bitcoin holders to use their coins as collateral to mint…

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Bitcoin miner Hut 8 secures 205MW site in Texas to upgrade its capacity to 1.3GW

Hut 8 said it has entered into a power purchase agreement for a site in West Texas with access to 205 megawatts. Bitcoin mining company Hut 8 is gearing up to expand its infrastructure platform significantly with the latest agreement…

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Bitcoin miner TeraWulf open to THESE mergers over "empire-building"

TeraWulf seeks mergers to boost profitability and not just expand for expansion's sake. TeraWulf prioritizes efficient Bitcoin mining operations over monopolistic goals. In a strategic move The post Bitcoin miner TeraWulf open to THESE mergers over "empire-building" appeared first on AMBCrypto.

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Bitcoin-focused Metaplanet sets up subsidiary in British Virgin Islands

Bitcoin bull Metaplanet has established a new subsidiary, Metaplanet Capital Limited, to enhance its Bitcoin management and expand into new regions. According to a June 25 statement, Metaplanet revealed that the subsidiary would be registered in the British Virgin Islands and be a part of its consolidation group companies.

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Bitcoin ETF: Australia to launch first BTC ETF with VanEck

Global reach of BTC ETFs expand with the Australian Stock Exchange set for a new listing on 20th June.  It remains to be seen whether the US spot ETH ETF approvals will increase demand for BTCThe post Bitcoin ETF: Australia to launch first BTC ETF with VanEck appeared first on AMBCrypto.

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Bitfarms to boost US presence with Pennsylvania expansion amid Riot takeover bid

Bitcoin miner Bitfarms is set to expand its operations in the US by leasing a site in Sharon, Pennsylvania, and deploying miners that can output 600 PH/s of hashrate. In a June 13 statement, the firm said the site’s initial capacity will be 12 megawatts, with plans to expand to 120 MW by 2025.

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Bitcoin Mining Stabilizes Power Grids Strained by AI Data Centers

Bitcoin miners help expand the use of renewable energy and balance energy networks, says Ryan Condron, co-founder of Lumerin.

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MicroStrategy to expand Bitcoin stash with $500 million convertible notes offering

MicroStrategy announces a $500M convertible notes offering to finance additional Bitcoin acquisitions, highlighting its investment strategy. The post MicroStrategy to expand Bitcoin stash with $500 million convertible notes offering appeared first on Crypto Briefing.

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Starknet to scale Bitcoin without forking or making new token, StarkWare says

StarkWare says its plan to expand its scaling technology to the Bitcoin network won’t result in forking Starknet or making a new token. StarkWare, the developer behind Starknet, clarified that its primary focus remains on scaling Ethereum through the use…

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Semler Scientific To Raise $150M To Buy More Bitcoin

Medical device maker Semler Scientific acquired 247 more Bitcoin and plans to raise $150 million to further expand its Bitcoin treasury holdings, following MicroStrategy's lead.

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Medical Device Maker Semler Scientific Buys $17 Million More Bitcoin and Is Raising Money to Purchase More

The firm currently holds 247 bitcoins and plans to expand its crypto treasury

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Sushi goes live on Bitcoin sidechain Rootstock

Sushi is now live on Bitcoin (BTC) sidechain Rootstock Rootstock’s integration with the decentralised exchange (DEX) will expand DeFi on Bitcoin. Users can now leverage Sushi’s advanced trading functionalities and other features while tapping into Bitcoin’s security and decentralisation.

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Blockstream's Rusty Russell Wants To Revamp Bitcoin Script

The Bitcoin script restoration project aims to bring back and expand the functionality of Bitcoin's script language.

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Tether partners with Swan to expand Bitcoin mining operations

Stablecoin issuer Tether has expanded its mining endeavors by collaborating with Swan’s Managed Bitcoin Mining service. According to the press statement, the firm has dedicated an undisclosed amount of substantial capital to establish its Bitcoin mining operations through Swan.

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GoMining secures $3 million investment from Bitscale Capital to expand innovative Bitcoin mining protocol

GoMining, an infrastructure company that facilitates access to Bitcoin mining, has successfully raised $3 million in a funding round led by the international venture capital fund, Bitscale Capital. Investment to bolster global mining operations Bitscale Capital’s investment entails acquiring $3 million worth of equity in the form of GOMINING tokens, the native cryptocurrency of the […]

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Jack Dorsey’s Block moves to dollar cost averaging for Bitcoin investments

Block, the payments firm led by CEO Jack Dorsey, has begun a dollar cost averaging (DCA) program to expand its Bitcoin holdings, per a May 2 shareholder letter. Starting in April, the company has been allocating 10% of its monthly…

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BeL2 – Turn an EVM into a Bitcoin Layer 2

Sasha Mitchell is Head of Operations at BeL2. Imagine if Bitcoin could talk to other blockchains, make deals, execute contracts, and expand its influence without ever compromising its integrity. That's BeL2, the Bitcoin Elastos Layer 2 Protocol.

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Top real-world assets redefining crypto markets: ONDO, VeChain, and BITBOT

In the ever-changing world of digital assets, the crypto market continues to expand beyond dominant tokens like Bitcoin (BTC) and Ethereum (ETH). Real-world assets have seen increased traction as the cryptocurrency space faces volatility.

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Bitcoin payments app Strike is now available in Europe

Strike, a payments app focused on the Bitcoin blockchain, is now available in Europe. The platform recently expanded to Africa and its app is also accessible in Latin America. Strike raised $80 million in 2022 as it sought to expand its services globally.

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Can BlackRock’s Saudi Arabia Expansion Drive Bitcoin ETF Adoption in the Middle East?

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Hashkey Global opens crypto listing applications after ETFs approval

HashKey Group’s global crypto exchange, Hashkey Global, opened its licensed crypto listing scheme, offering high-quality projects an opportunity to expand their reach. That comes after Hong Kong’s regulator authorized the first Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded funds (ETFs).

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BlackRock's Bitcoin ETF Aiming for Record-Breaking Inflow Streak

BlackRock's iShares Bitcoin ETF (IBIT) likely to expand its big inflow streak

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Bhutan to Boost Bitcoin Mining Capacity by 500% Ahead of Halving

Bhutan plans to expand its Bitcoin mining capacity 500% ahead of the impending halving event, ramping up renewable-powered operations to 600 megawatts.

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Bhutan to increase Bitcoin mining operations sixfold ahead of halving

Bhutan and Bitdeer are set to expand Bitcoin mining capacity amid halving concerns, aiming to expand the nation’s mining capacity by 500 megawatts by 2025. Bhutan‘s investment arm, Druk Holding & Investments (DHI), is gearing up to boost its mining…

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Genesis Digital Assets Leverages Renewables to Increase Bitcoin Mining Capacity at New Texas Facility

The global bitcoin mining company will harness wind and solar energy from West Texas to expand its operations.

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Bitcoin Difficulty Drops: Miners Hesitant To Expand Ahead Of Halving?

On-chain data shows the Bitcoin difficulty has seen a drop in the latest network adjustment, suggesting the miners have stopped their expansion. Bitcoin Difficulty Drops 1% As Hashrate Remains Flat The “difficulty” is an in-built feature of the Bitcoin network that controls how hard the miners would find it to find blocks on the chain […]

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Neutronpay Receives $1.5M Funding to Expand Bitcoin Lightning Network in Southeast Asia

Neutronpay will use the capital to help deliver instant and low-cost payment solutions across the region.

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