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Crypto Mining Hosting Firm Applied Blockchain Stock Surges After 200MW Deal
19.7.2022
A hosting deal with Marathon Digital should ease investor’s funding concerns, said a DA Davidson analyst
Fintech and Bitcoin Payments Firm Zebedee Raises $35 Million From Kingsway Capital, Square Enix
19.7.2022
On Tuesday, the fintech and payment processor Zebedee announced the company has raised $35 million from Kingsway Capital, Raine Group, and video game giant Square Enix. Zebedee detailed that the Series B funding will help the startup “scale company-wide to meet the needs of the biggest names...
Marathon Secures 254 Megawatts to Bolster Company’s 2023 Bitcoin Mining Goals
19.7.2022
The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals should support the bitcoin mining firm’s intended goal of securing approximately 23.3...
Investment Firm Valkyrie Branches Into Venture Capital With Focus on Israeli Crypto Startups
19.7.2022
Veteran venture capitalist Lluis Pedragosa is leading the new team with a $30 million target fund
Crypto Mining and Staking Firm Foundry Starts Training Program for Miners
19.7.2022
DCG subsidiary Foundry is launching a training program for mining engineers
Crypto Custody Firm BitGo to Partner with NEAR Foundation
19.7.2022
BitGo will support the blockchain’s native token NEAR
Crypto Trading Firm TPS Capital Denied Ties to Insolvent Three Arrows. Court Documents Indicate a Connection
19.7.2022
TPS Capital claims it's independent of Three Arrows, but legal disclosures as part of bankruptcy proceedings show a web of transactions and familiar faces between the two firms
Globant Survey: Most Gamers Believe Metaverse Will Change the Gaming Industry Positively
18.7.2022
A survey published by Globant, a software development firm, and Yougov, found that most gamers believe that metaverse will change the gaming industry in a positive way. The survey, which consulted the opinion of 1,000 PC, console, and mobile gamers, also found that most gamers are still...
South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s Plan
17.7.2022
South African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months — has legal and tax implications for both crypto investors and organizations providing intermediary services....
Celsius Owed $439M by Lending Firm EquitiesFirst: Report
15.7.2022
Troubled crypto lending firm Celsius is owed $439 million by Indianapolis-based private lending platform EquitiesFirst
Indian blockchain firm 5ire secures $100M to fund sustainability-focused project
15.7.2022
An Indian development firm looks to create a bridge between sustainability and blockchain technology with a proprietary layer-1 protocol incentivizing the use of United Nations sustainable development goals
NYDIG to Provide the New York Yankees With Bitcoin Payroll Services
14.7.2022
On July 14, 2022, the bitcoin company NYDIG, a subsidiary of Stone Ridge, announced that the firm inked a multi-year deal with the Major League Baseball (MLB) team the New York Yankees. According to the partnership announcement, NYDIG will be the professional baseball team’s “official...
‘Unprecedented Opportunities’ — Cleanspark Acquires 1,061 Bitcoin Miners at a ‘Discounted Price’
14.7.2022
On Thursday, the publicly-listed bitcoin mining firm Cleanspark announced that it added 93 petahash per second (PH/s) of hashpower to the company’s existing operations by acquiring 1,061 Whatsminer M30S bitcoin mining rigs. The latest ASIC acquisition follows Cleanspark’s recent...
Virtual Avatar Firm Hologram Raises $6.5M Seed Round
14.7.2022
Hologram partners with online communities to help them create unique digital identities in the metaverse
Report: South Africa’s Famed Krugerrands Collection Set to Be Tokenized
13.7.2022
South Africa’s famed Zuid-Afrikaansche Republiek (ZAR) coins or the Krugerrands collection are set to be tokenized and will be available to potential buyers from a price as low as $200. Tokenized coins will be minted by Web3 tech firm Momint and will be available on the firm’s...
Blockchain Gaming Publisher Animoca Brands Secures $75M — Firm’s Pre-Money Valuation Rises to $5.9B
12.7.2022
The non-fungible token and blockchain gaming company Animoca Brands has announced the firm has raised $75 million from investors such as Kingsway Capital, Liberty City Ventures, and others. The capital injection of $75 million brings Animoca’s overall pre-money valuation to $5.9 billion....
Playboy Joins The Sandbox Virtual World — Lifestyle Firm’s Metamansion to Feature NFTs and Special Events
12.7.2022
On July 11, Playboy, the lifestyle and entertainment firm founded in 1953, revealed a licensing collaboration with the blockchain-based virtual world The Sandbox. The two companies detailed that the newly formed partnership aims to provide metaverse visitors with a Playboy-themed “social...
Celsius changes legal team, pays off $20M in Aave debts
11.7.2022
The embattled platform continues to wind down its debts to decentralized finance (DeFi) lending protocols, having just paid off 20 million USDC to Aave
Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company
9.7.2022
On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Tether.” According to the stablecoin issuer, the bitcoin loan to Celsius...
Report: South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M
9.7.2022
The South African company behind the so-called “crypto water token” is reported to have secured an investment of $150 million from a Bahamas-based digital asset management company, GEM Digital. Initially available on decentralized exchanges only, the H2ON token was recently listed...