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Bitcoin miner Riot Platforms acquires 12% stake in Bitfarms
Colorado-headquartered crypto mining company Riot Platforms has acquired ownership of a 12% stake in rival Bitfarms despite shorting pressure from Kerrisdale Capital. Bitcoin mining company Riot Platforms said in a press release on Jun. 5 it acquired 1,460,278 common shares… дальше »
2024-6-6 10:11 | |
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Kerrisdale Capital shorts Riot stock amid complaints about miner’s safety hazards, China imports
Kerrisdale Capital sent a complaint about crypto miner Riot Platforms to Texas officials over concerns related to safety hazards and equipment imported from China The company made the complaint in a on June 5 letter addressed to Navarro County Texas Judge H. дальше »
2024-6-6 04:25 | |
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Paxos launches yield-bearing stablecoin Lift Dollar (USDL)
Paxos International, a UAE-based affiliate of stablecoin issuer Paxos, has unveiled a new yield-bearing stablecoin dubbed Lift dollar (USDL). USDL will be the first stablecoin to offer eligible users across the globe the chance to bid for daily yield, with this available in wallets under regulatory oversight, the company announced on June 5. USDL is […] дальше »
2024-6-6 21:51 | |
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Dapper Labs Settles $4M Lawsuit Over NBA Top Shot NFTs
Dapper Labs, the blockchain company known for its NBA Top Shot collectibles, has agreed to settle a class-action lawsuit for $4 million. The settlement addresses allegations that the company violated securities laws. дальше »
2024-6-5 14:42 | |
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Bitget Partners with Sumsub to Upgrade AI-Powered KYC Verification to Combat Rampant Deepfake Crimes
Victoria, Seychelles, June 5th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, is thrilled to announce an upgraded partnership with Sumsub, a full-cycle KYC verification provider. дальше »
2024-6-5 11:47 | |
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What's Next for FIT21? (A Consensus 2024 Recap)
CoinDesk held its annual Consensus conference in Austin, Texas last week, where we heard from lawmakers and regulators, developers, company execs and all sorts of other people in and around this sector. дальше »
2024-6-7 06:35 | |
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Crypto Money Laundering Scandal: Epoch Times CFO Bill Guan Indicted by US DOJ
In a significant development, the US Department of Justice (DOJ) has indicted Bill Guan, the Chief Financial Officer of Epoch Times, a global newspaper and media company, on allegations of participating in a scheme to launder approximately $67 million using crypto. дальше »
2024-6-5 00:00 | |
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Kooc Media Launches Blockfresh.com, A News Platform for the Blockchain & Crypto Ecosystem
Leading UK Media Company Merges NFT and Gaming Sites to Deliver In-Depth Coverage of Blockchain, Crypto, Web 3, Finance, Tech, and AI London, United Kingdom – June 4, 2024 – Kooc Media, a leading UK-based media company founded by Oliver Dale in 2006, is thrilled to announce the launch of its latest venture, Blockfresh. дальше »
2024-6-5 23:25 | |
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Kooc Media Launches Blockfresh.com, A News Platform for the Blockchain & Crypto Ecosystem
Kooc Media, a leading UK-based media company founded by Oliver Dale in 2006, is thrilled to announce the launch of its latest venture, Blockfresh. com. This new platform is the result of a strategic merger of several NFT and gaming sites, now focusing on delivering cutting-edge news and insights across the blockchain, cryptocurrency, NFT, Web 3 […] The post Kooc Media Launches Blockfresh. дальше »
2024-6-5 22:41 | |
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FTX settles $24 billion IRS claim for fraction to prioritize customer repayments
Defunct crypto exchange FTX has agreed to settle the Internal Revenue Service (IRS) substantial $24 billion tax claim for a significantly lower amount to help the company prioritize its customer repayments during its ongoing bankruptcy process. дальше »
2024-6-5 22:16 | |
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Avail secures $43 million to enhance Web3 with modular unification technology
Avail, a company spun out of Ethereum layer-2 solution Polygon, secured $43 million in a Series A funding round to develop a unified layer that addresses the scalability challenges and fragmentation issues within the Web3 ecosystem, according to a June 4 statement shared with CryptoSlate. дальше »
2024-6-5 19:50 | |
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Bitget Expands Trading Horizons with USDe Stablecoin for Coin-Margined Contracts
Bitget, a prominent cryptocurrency exchange, and Web3 company is excited to announce the addition of Ethena Labs’ synthetic USDe as a margin option for coin-margined contracts. This new synthetic dollar will revolutionize trading options and offer users an incredibly versatile trading experience. дальше »
2024-6-5 14:45 | |
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Bitcoin miner Core Scientific signs major deal with Nvidia-backed firm CoreWeave, targets $3.5B in revenue
Core Scientific signs a 12-year contract with AI company CoreWeave, expected to yield over $3. 5 billion in revenue. The post Bitcoin miner Core Scientific signs major deal with Nvidia-backed firm CoreWeave, targets $3. дальше »
2024-6-6 13:22 | |
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Bitget Broadens Trading Horizons with USDe Stablecoin for Coin-Margined (Coin-M) Contracts
Victoria, Seychelles, June 4th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, is thrilled to announce the integration of Ethena Labs’ synthetic USDe as a margin option for coin-margined contracts. дальше »
2024-6-5 12:52 | |
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Epoch Times CFO charged with $67m crypto money laundering scheme
Bill Guan, the chief financial officer of The Epoch Times, a far-right international media company, is accused of taking part in a multi-million crypto laundering scheme. U.S. federal prosecutors unsealed an indictment on Jun. 3, charging Weidong “Bill” Guan, the… дальше »
2024-6-5 11:46 | |
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Bitcoin Advocate Michael Saylor Settles DC Tax Evasion Case for $40 Million
Michael Saylor, a prominent Bitcoin advocate, and his software company, MicroStrategy, have agreed to a $40 million settlement to resolve tax evasion charges levied by the District of Columbia (DC) attorney general. дальше »
2024-6-4 07:01 | |
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Bitcoin Bull Michael Saylor To Pay $40M And Settle Tax Fraud Lawsuit – Details
According to Bloomberg, Michael Saylor, the chairman of business intelligence software company MicroStrategy and a Bitcoin (BTC) bull, has agreed to pay $40 million to settle a tax fraud lawsuit. The lawsuit, filed by the attorney general’s office in Washington, D. дальше »
2024-6-4 06:00 | |
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Dapper Labs Agrees to $4M Settlement in Class Action Securities Suit
Dapper Labs has reached a tentative settlement agreement with a group of investors who sued the non-fungible token (NFT) company and its co-founder and CEO Roham Gharegozlou for allegedly violating federal securities laws. дальше »
2024-6-5 04:32 | |
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Michael Saylor and MicroStrategy settle $40 million tax fraud case without admission of guilt
Washington, D. C. Attorney General Brian Schwalb announced a historic $40 million tax fraud recovery settlement with Michael Saylor and his company, MicroStrategy, according to a June 3 press release. дальше »
2024-6-3 20:15 | |
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Australia's First Spot Bitcoin ETF With Direct BTC Holdings to Go Live on Tuesday
Australia-based Monochrome Asset Management's Monochrome Bitcoin exchange-traded fund (ETF) (IBTC) will begin trading on the Cboe Australia exchange on Tuesday, the company told CoinDesk. дальше »
2024-6-3 13:14 | |
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GameStop Stock Surges More Than 90% Over the Last 30 Days: Presale Meme Coins Expected to Mirror the Rally
GameStop Corp. is widely regarded as the epitome of meme stocks, with much of the investing literature focusing on its meme status. GameStop’s stocks surged following the company’s announcement of raising approximately $933 million through a stock sale by selling 45 million common shares. дальше »
2024-6-1 13:30 | |
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Ripple CEO Reveals Why The Company Put $25 Million Into A Crypto-Focused Political Committee
Ripple Labs, Inc. , an American technology and crypto payments company, has announced plans to donate a whopping $25 million to a crypto-focused political committee. Brad Garlinghouse, the Chief Executive Officer (CEO) of Ripple, has provided insights into the company’s strategic reasons behind the lofty contribution. дальше »
2024-6-1 21:00 | |
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Tether Buys $100M Worth of Bitdeer Shares With Option to Purchase $50M More
Bitdeer intends to use the proceeds to fund its data center expansion and ASIC-based mining rig development, the Singapore-based company said. дальше »
2024-6-3 15:35 | |
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Russia’s Tatarstan eyes building $100m Bitcoin mining center
Fintech company Innopolis Tech controlled by a former minister of communications of Russia is set to build the largest Bitcoin mining center in Russia worth around $100 million. The Republic of Tatarstan is gearing up to build Russia‘s largest Bitcoin… дальше »
2024-5-31 14:21 | |
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Bitget Pioneers Meme Revolution at MEMECON 2024: ‘The Mona Lisa Was a Meme’ says COO
Victoria, Seychelles, May 31st, 2024, Chainwire Bitget, a leading crypto exchange and Web3 company, has participated in MEMECON, one of the five premier events at NFC 2024. MEMECON took place at Pavilhão Carlos Lopes in Lisbon on May 28-30. дальше »
2024-5-31 13:55 | |
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CARV brings on Animoca Brands as strategic investor and node operator
SANTA CLARA, California, May 31st, 2024, Chainwire CARV, the largest modular data layer for gaming and AI, announced today a strategic investment from Animoca Brands, the company advancing digital property rights for gaming and the open metaverse. дальше »
2024-5-31 13:12 | |
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Coinbase Faces Growth Challenges as Crypto Market Matures
Coinbase faces growth challenges as the crypto market matures, impacting trading volumes. The company diversifies revenue and shows potential stock rally. The post Coinbase Faces Growth Challenges as Crypto Market Matures appeared first on BeInCrypto. дальше »
2024-5-31 10:44 | |
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Terraform Labs, Do Kwon reach tentative settlement with SEC to end civil lawsuit
Singapore-based Terraform Labs and its founder, Do Kwon, have reached a settlement agreement with the SEC to end the civil lawsuit filed in the US over allegations of defrauding crypto investors. The development comes after a jury in the US District Court for the Southern District of New York found the company and Kwon liable […] The post Terraform Labs, Do Kwon reach tentative settlement with SEC to end civil lawsuit appeared first on CryptoSlate. дальше »
2024-5-31 21:12 | |
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A billion-dollar fortune at risk: Binance France removes Changpeng Zhao as sole shareholder
Binance France, the French subsidiary of the largest cryptocurrency exchange, has wholly stripped company founder Changpeng Zhao of his shares. According to French rules, a company’s majority shareholder cannot be a criminal. дальше »
2024-5-31 19:21 | |
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BlackRock Overtakes Grayscale To Become The Largest Bitcoin Fund In The World With $20 Billion AUM
American multinational investment company BlackRock, has recently achieved a monumental milestone, recording over $20 billion in total assets. The BlackRock Spot Bitcoin ETF has successfully surpassed Grayscale to become the largest Bitcoin fund in the world. дальше »
2024-5-31 19:00 | |
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Is Semler Scientific Adopting MicroStrategy’s Bitcoin Treasury Playbook?
In a conversation with Bitcoin Magazine, Semler Scientific’s chairman shared that he admires what Michael Saylor has done with MicroStrategy’s bitcoin treasury but noted that his company will take its own unique approach. дальше »
2024-5-31 17:09 | |
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Bitcoin Staking Project Babylon Raises $70M Led by Paradigm
The funding round included contributions from Polychain Capital and the venture arm of crypto exchange and CoinDesk parent company Bullish. дальше »
2024-5-31 16:54 | |
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Bitfarms rejects Riot’s unsolicited acquisition offer
Bitfarms said on May 29 that it rejected Riot Platform’s unsolicited acquisition proposal because the offer undervalued the company. The proposal, received on April 22, offered $2. 30 per common share in a mix of cash and Riot common stock — amounting to a $950 million offer. дальше »
2024-5-30 20:41 | |
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PayPal expands PYUSD stablecoin to Solana
Online payment giant PayPal has announced that its PYUSD stablecoin has officially launched on the Solana blockchain. The company revealed its stablecoin network expansion in a press release. The decision would make PYUSD faster and cheaper for people to use.… дальше »
2024-5-29 17:56 | |
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MicroStrategy 2.0? This Publicly Traded Medtech Sees Stock Price Skyrocket After Making Bitcoin A Treasury Asset
Following in the footsteps of Michael Saylor’s MicroStrategy, yet another publicly listed company has decided to make Bitcoin (BTC) its savings vehicle of choice after adopting the foremost crypto as its “primary treasury reserve asset.” дальше »
2024-5-29 15:39 | |
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Ripple $25 million crypto education contribution amid rising importance in 2024 election
Ripple has highlighted the 2024 US election as a crucial juncture for the crypto industry, according to a May 29 statement. In response, the company has donated $25 million to Fairshake, a federal super PAC that backs pro-crypto and pro-innovation candidates. дальше »
2024-5-29 14:00 | |
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Riot Platforms Is Best Suited to Consolidate Bitcoin Mining Sector: Bernstein
The company has the financial capacity to consolidate the bitcoin mining space, the report said. дальше »
2024-5-29 13:49 | |
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Bitget Wallet Token (BWB) makes debut on the Bitget Launchpad
Victoria, Seychelles, May 29th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, has announced the launch of Bitget Wallet’s BWB token on its Launchpad. дальше »
2024-5-29 11:28 | |
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Bitcoin Chosen As Treasury Reserve Asset By This Healthcare Firm Following $40M Purchase
In a bold move that has sent its stock price soaring, medical device company Semler Scientific Inc. has announced that it has allocated a significant portion of its cash reserves to Bitcoin (BTC). According to Bloomberg, the San Jose, California-based firm purchased 581 Bitcoin for a total of $40 million, including fees and expenses. Semler […] дальше »
2024-5-29 05:00 | |
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Leveraged Ether ETF to Start Trading June 4, Sponsor Volatility Shares Says
Volatility Shares' 2x Ether Strategy ETF (ETHU) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it go effective, the company posted on their website, adding that trading will begin on June 4. дальше »
2024-5-29 23:33 | |
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