TuesdayNov 01, 2022 2:17 pm

CryptoNewsBreaks – Florida Bitcoin & Blockchain Summit Opens Doors

The second annual Florida Bitcoin & Blockchain Summit (“FBBS”) is being held this week. The event, produced by Cutting Edge Events LLC, is scheduled for Nov. 4, 2022, in Tampa, Florida. Florida’s first blockchain-and-fintech-focused event, FBBS aims to make the state a leader in the blockchain and financial tech space. The event gathers key representatives from a broad spectrum of stakeholders, businesses, startups, political leaders, policymakers, regulators, fintech communities and evangelists. The gathering provides invaluable information for three types of participants: those new to crypto investing and fintech interested in increasing their industry knowledge; stakeholders, institutions or startups poised to…

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FridayOct 28, 2022 11:35 am

CryptoNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Shares Voting Recommendations for Upcoming Special Meeting of Stockholders

Riot Blockchain (NASDAQ: RIOT), an industry leader in Bitcoin mining and data center hosting, has announced voting recommendations for the Special Meeting of stockholders scheduled for November. According to the announcement, three independent proxy advisor firms that provide voting recommendations to institutional investors — Institutional Shareholder Services; Glass, Lewis & Co.; and Egan-Jones Proxy Services — have recommended that RIOT stockholders vote for proposal no. 1, which would increase the number of shares of Riot common stock authorized for issuance. The company’s board of directors has also made the same recommendation. The company noted that voting for the proposal doesn’t ensure…

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ThursdayOct 27, 2022 1:37 pm

CryptoNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Schedules Q3 2022 Financial Results Call

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Tuesday, Nov. 8, 2022, at 4:30 p.m. Eastern Time to discuss its financial results for the third quarter ended Sept. 30, 2022. According to the announcement, financial results will be published in a press release prior to the call and available on the investor relations section of the company’s website. Interested parties should visit https://ccw.fm/QDIHE to register to participate in the conference call or listen to the live audio webcast. In addition, the webcast will be broadcast live…

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MondayOct 24, 2022 11:10 am

CryptoNewsBreaks – Canaan Inc. (NASDAQ: CAN) Launches Avalon Made A13 Series — Taking Pursuit of Higher Computing Power to a New Level

Canaan (NASDAQ: CAN), a leading computing solutions provider, today announced the launch of its new generation of high-performance bitcoin mining machine. Powered by advanced ASIC technologies, the new Avalon Made A13 (“A13”) series will include two different models with enhanced computing power and improved power efficiency over its predecessors. “The launch of our new generation bitcoin mining machine is a key research and development milestone as we take our pursuit of higher computing power, better power efficiency, superior user experience, and optimal cost effectiveness to a whole new level. We are now working around the clock across the supply chain…

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ThursdayOct 20, 2022 2:28 pm

CryptoNewsBreaks – Tingo Inc. (TMNA) Enters Trade Agreement with Nigeria Ag/Commodities Umbrella Organization

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has signed a trade agreement with the All Farmers Association of Nigeria (“AFAN”). Tingo has signed a merger agreement to be acquired by MICT Inc. (NASDAQ: MICT); AFAN is the umbrella body of the 56 recognized commodities and agricultural associations in Nigeria. According to the agreement, AFAN will add a minimum of 20 million additional subscribers, which would more than triple Tingo Mobile’s current 9.3 million customer base. For its part, Tingo will provide an array of value-added products and services, including Tingo-branded smartphones, access to the Nwassa agri-fintech marketplace platform and…

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WednesdayOct 19, 2022 1:50 pm

CryptoNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Breaks Ground at 1 GW Corsicana Facility

Riot Blockchain (NASDAQ: RIOT), an industry leader in bitcoin (“BTC”) mining and data center hosting, today announced that it has officially broken ground at the company’s 1 gigawatt (“GW”) expansion project (“the Corsicana Facility”) in Corsicana, Navarro County, Texas. “This groundbreaking marks a significant step forward in demonstrating Riot’s ongoing commitment to positively impacting the rural communities that we operate in,” said Chad Harris, executive vice president, chief commercial officer of Riot. “The development of the Corsicana Facility builds on the success of our 700-megawatt Rockdale Facility and, when complete, will bring Riot’s market-leading position to a total of 1.7…

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WednesdayOct 19, 2022 12:04 pm

CryptoNewsBreaks – Upstream Featured in CryptoNewsAudio Podcast

Upstream, a revolutionary exchange and trading app for digital securities and NFTs, was featured in the latest episode of The CryptoNewsAudio Podcast, an IBN (InvestorBrandNetwork) solution to provide specialized content distribution via widespread syndication channels. Mark Elenowitz, co-founder of Upstream, was featured in CryptoCurrencyWire’s latest audio production to discuss the innovative platform and MERJ Exchange (“MERJ”), which operates Upstream as a fully regulated and licensed integrated securities exchange, clearing system and depository for digital and non-digital securities. “We’re the only exchange in the world that’s built using blockchain,” Elenowitz said. “We’re also an affiliate of the World Federation of Exchanges.…

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WednesdayOct 19, 2022 11:04 am

CryptoNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN), Primer Announce Strategic Integration to Compete in the Evolving Payments Landscape

Coinbase (NASDAQ: COIN), together with Primer, the world’s first automation platform for payments and commerce, announced a strategic integration that allows merchants in global markets to add crypto as a standard method of payment at checkout. According to the update, Coinbase Commerce, Coinbase’s platform to help merchants accept cryptocurrency payments, can be added to Primer’s Universal Checkout with clicks, not code. As a result, merchants using Primer can now add crypto payments easily and quickly to their checkout page, which is critical given that 40% of global consumers are expected to use cryptocurrency to make a payment within the next…

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MondayOct 17, 2022 12:49 pm

CryptoNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Announces Significant Progress to Deliver Shareholder Value

Stronghold (NASDAQ: SDIG) on Friday provided an update on its previously announced agreement with NYDIG ABL LLC (“NYDIG”) and the Provident Bank (“BankProv”), to eliminate approximately $67 million in principal amount of debt outstanding under equipment financing agreements. Separately, Stronghold also announced its recent mutual termination and settlement of its data center hosting agreement. “We are pleased to have closed on a significant portion of our debt restructuring with NYDIG and look forward to eliminating the small remaining piece of this debt in the near future. These closings continue our meaningful transition towards a deleveraged company that can either sell…

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FridayOct 14, 2022 10:38 am

CryptoNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Reports on September 2022 Production

Bit Digital Inc. (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has released September 2022 unaudited numbers for its Bitcoin and Ethereum production; the report also included corporate updates for the month. Highlights note that last month Bit Digital earned 141.3 Bitcoins, which is a 3% decrease compared to August 2022. According to the company, the downward trend resulted from an increase in the network hash rate. As of Sept. 30, 2022, treasury holdings of BTC and ETH for the company were 943.3 and 5,261.7, with a fair market value of approximately $18.3 million and $7.0 million, respectively; the company also reported owning…

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