News Archives - Page 30 of 105 - CryptoCurrencyWire

ThursdayJun 16, 2022 2:19 pm

CryptoNewsBreaks – LQwD Fintech Corp. (TSX.V: LQWD) (OTC: LQWDF) Provides Corporate Update

LQwD Fintech (TSX.V: LQWD) (OTC: LQWDF), an emerging technology company developing payment infrastructure for the Bitcoin Lightning Network, has reported a key corporate update. The company announced that Peter Loretto, an independent director, has resigned from his role. The company indicated that he was resigning for personal reasons. “LQwD would like to thank Mr. Loretto for his contributions, and the Board now consists of Shone Anstey, Ashley Garnot, Pino Perone and Kim Evans,” the company stated in the press release. To view the full press release, visit https://ccw.fm/a4kw4 About LQwD Fintech Corp. LQwD is a Lightning Network service provider (“LSP”) focused on developing payment infrastructure…

TuesdayJun 14, 2022 4:27 pm

CryptoNewsBreaks – GreenBox POS (NASDAQ: GBOX) Collaborates to Launch Digital Transformation of Payment Solutions in American Samoa

GreenBox (NASDAQ: GBOX), a financial technology company that leverages proprietary blockchain security and token technology to deliver customized payment solutions, today announced the launch of its platform with Territorial Bank of American Samoa (“TBAS”). According to the update, the platform will provide digital payment solutions for businesses and consumers in American Samoa. “Digital transformation of payment solutions on the island is a key building block of Territorial Bank’s five-year strategic plan to modernize the banking sector in American Samoa and across the Pacific Islands. GreenBox’s technology will help realize that,” said Owen Peery, vice president and chief operations officer of…

TuesdayJun 14, 2022 2:04 pm

CryptoNewsBreaks — BIT Mining Limited (NYSE: BTCM) Releases 2021 Annual Report

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, has officially filed its annual report on Form 20-F with the Securities and Exchange Commission ("SEC”). The report, which was filed on April 7, 2022, covers the fiscal year ended Dec. 31, 2021. According to the announcement, interested parties can find the report on the SEC’s website and on the company’s investor relations website; the company will also provide a complimentary copy of the report, which includes audited consolidated financial statements, to shareholders and ADS holders on request. To view the report, visit https://ccw.fm/WQSX0 To view the full press release,…

MondayJun 13, 2022 12:30 pm

CryptoNewsBreaks – IBN to Sponsor Upcoming Digital Assets: Exploring The Metaverse & Crypto Assets Conference

IBN, a multifaceted corporate communications organization engaged in connecting private and public companies to the investment community, today announced its sponsorship of the Digital Assets: Exploring The Metaverse & Crypto Assets Conference. Maxim Group LLC and M-Vest are presenting and hosting the event, which is slated to take place beginning at 10:00 a.m. ET on Thursday, June 23, 2022. The conference will feature virtual panels with executive management from several public and private companies, moderated by Maxim Group research analysts. Topics of focus include: the impact of rising rates on the value of bitcoin and other digital assets, future market…

FridayJun 10, 2022 11:42 am

CryptoNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Announces May 2022 BTC Production, Mining Operation Updates

Marathon Digital Holdings (NASDAQ: MARA), one of the largest enterprise bitcoin self-mining companies in North America, today published unaudited bitcoin (“BTC”) production and miner installation updates for May 2022. “Although we continue to install miners at the Texas facilities, we have experienced delays in energization as Compute North’s energy provider awaits federal agency confirmation of its exempt status for tax purposes based upon its arrangements with Compute North. While these delays have been disappointing, our current understanding is that miners should start to come online this month. We continue to work closely and actively engage with Compute North to gain…

WednesdayJun 08, 2022 1:01 pm

CryptoNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Reports May 2022 Production Update

Bit Digital Inc. (NASDAQ: BTBT), a Bitcoin mining company headquartered in New York, has released its Bitcoin production numbers and corporate updates for May 2022. Highlights of the report indicate that the company earned 53.4 bitcoins and 27.0 ETHs in May, with treasury holdings of BTC and ETH totaling 793.6 and 316.1 respectively; fair market value of each are approximately $25.2 million and $0.6 million, respectively. In addition, the company reports that as of May 31, 2022, it owned 33,376 Bitcoin miners and 731 Ethereum miners with an estimated maximum total hash rate of 2.17 EH/s and 0.3 TH/s, respectively. Regarding miner deployments during…

TuesdayJun 07, 2022 11:27 am

CryptoNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN) Announces Participation in Upcoming Morgan Stanley US Financials, Payments & CRE Conference

Coinbase Global Inc. (NASDAQ: COIN) will be presenting at the next Morgan Stanley US Financials, Payments & CRE Conference. The company announced that Brett Tejpaul, head of Coinbase Institutional, will be part of a fireside chat at the Morgan Stanley conference. The presentation is slated for Monday, June 13, 2022, with the fireside chat scheduled to start at 3:15 p.m. ET. Those interested can watch the live presentation on the Coinbase investor relations website; a replay of the presentation will also be available. Started in 2012, Coinbase was established with the goal of building a more fair, accessible, efficient and…

MondayJun 06, 2022 2:22 pm

CryptoNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Issues May 2022 Production Update

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) today announced production figures from its global Bitcoin and Ethereum mining operations for the month of May 2022. Among the highlights, the company reported a BTC HODL balance of 3,186 Bitcoin as of June 5, 2022. “We are pleased to report in May HIVE continued its strong momentum in expanding our hashrate, notably our Bitcoin mining hashrate grew by 8% this month, through installations and electrical upgrades,” said Frank Holmes, executive chairman of HIVE. “In May we produced an average of 8.8 BTC per day, and we are pleased to note…

MondayJun 06, 2022 1:42 pm

CryptoNewsBreaks – Tingo Inc. (TMNA) Reports on Annual Shareholder Meeting Results

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, held its Annual Meeting of Stockholders last week. The meeting, which convened on June 2, 2022, had three agenda items, including the election of director nominees. The report noted that shareholders elected 10 director nominees for one-year terms. The nominees include Adewale Adebayo, John J. Brown, Christophe Francois Charlier, Christopher Cleverly, Gurjinder Johal, Leslie Kasumba, Dozy Mmobuosi, Onyekachi Onubogu, Dakshesh Patel and Derrick Randall. In addition, shareholders unanimously ratified the appointment of Gries & Associates LLC as Tingo’s independent accountants for the 2022 fiscal year and approved the compensation paid to the…

FridayJun 03, 2022 3:02 pm

CryptoNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Releases Production, Operation Status Report for May 2022

Riot Blockchain (NASDAQ: RIOT), an industry leader in Bitcoin mining and hosting, is reporting on its May 2022 productions and operations status. A highlight of the report includes the company’s production of 466 BTC, an estimated 104% increase over May 2021’s production of production of 228 BTC. In addition, the company reported that it held approximately 6,536 BTC, all produced by the Company’s self-mining operations, and sold 250 Bitcoin, generating net proceeds of approximately $7.5 million. Finally, the company reported a deployed fleet of some 43,458 miners, with a hash rate capacity of 4.6 exahash per second (“EH/s”). The company…

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