Riot offers $950 million to buyout Bitfarms in hostile takeover amid CEO controversy
Riot Platforms has announced a proposal to acquire Bitfarms for approximately $950 million, reflecting a 24% premium to Bitfarms’ one-month...
Month: May 2024
FTX’s Ryan Salame to serve 7.5 years in prison
The US DOJ sentenced former FTX executive Ryan Salame to 90 months, or 7.5 years, in prison on May 28....
Metaplanet to invest additional ¥250 million in Bitcoin amid staggering stock growth
Japan-based Metaplanet has announced plans to purchase an additional ¥250 million (approximately $1.6 million) worth of Bitcoin. The move has...
First-ever Bitcoin mining derivative product goes live on a regulated US exchange
Luxor Technology and Bitnomial launched the first fully regulated Bitcoin mining derivative product for trading in the US on May...
Semler Scientific embraces Bitcoin treasury strategy, shares surge 25%
Quick Take Semler Scientific (NASDAQ: SMLR), a leading developer and marketer of technology products and services for combating chronic diseases,...
Ethereum Name Service proposes ENSv2 upgrade to tap into booming layer 2 networks
ENS Labs, a non-profit organization responsible for the Ethereum Name Service (ENS), has proposed an ENSv2 upgrade that would facilitate...
Blackrock’s IBIT Nears Grayscale’s GBTC in Bitcoin Reserves
According to the latest statistics, U.S. spot bitcoin exchange-traded funds (ETFs) experienced ten consecutive days of positive inflows. Notably, during...
TRON Network Officially Supported By LayerZero
PRESS RELEASE. Geneva, Switzerland, May 28, 2024 – The TRON DAO has officially announced LayerZero support for the TRON blockchain,...
‘Spraying’ Naira Notes Causes Depreciation, Warns Nigerian Anti-Graft Body
The Economic and Financial Crimes Commission (EFCC) has issued a warning against the practice of spraying naira notes at social...
UK Digital Bank Blocks Clients From Performing Crypto Transactions
The London-based digital bank Kroo has barred its clients from engaging in cryptocurrency transactions, joining other U.K.-based banks in this...
South Korean Bitcoin Premium Rises to 2.23% Amid Market Volatility
This week, bitcoin’s price briefly exceeded $70,000 per coin before declining after the movement of Mt Gox bitcoins, yet the...
Artdollar (AD) Is Now Available for Trading on LBank Exchange
PRESS RELEASE. Road Town, BVI, May 28, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank...
Judge dismisses Debt Box case, orders SEC to pay $1.8M in fees
The civil lawsuit initially filed by the commission in 2023 ended on May 28, with a judge ordering the SEC...
European Commission Arm Says Convergence of Blockchain and AI Is ‘Upcoming Trend’ To Watch
European Union (EU) researchers think the convergence of blockchain technology and artificial intelligence (AI) could have “significant potential.” In a...
Altcoins Poised To Rip in First Major Market Expansion Since 2021, According to Crypto Analyst – Here’s His Outlook
A popular crypto analyst says technical indicators are suggesting altcoins are about to go parabolic. Pseudonymous analyst TechDev tells his...
