News Archives - Page 36 of 118 - CryptoCurrencyWire

WednesdaySep 07, 2022 2:50 pm

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

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, has published unaudited bitcoin (“BTC”) production and miner installation updates for August 2022. “In August, we continued to install and energize miners with our hosting providers, increasing our hash rate and steadily improving our bitcoin production,” said Fred Thiel, Marathon’s chairman and CEO. “Our hosting providers have continued to install miners at multiple locations. Based on their latest reports, we expect to have approximately 65,000 additional miners, or approximately 6.9 exahashes per second of capacity, brought online at multiple facilities over the next 90 days. With…

WednesdaySep 07, 2022 2:39 pm

CryptoNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN) to Participate in Goldman Sachs Communacopia & Technology Conference

Coinbase (NASDAQ: COIN) has announced that Emilie Choi, the company’s president and chief operating officer, and Faryar Shirzad, its chief policy officer, will participate in a fireside chat at the Goldman Sachs Communacopia & Technology Conference. The presentation is slated to take place at 1:15 p.m. PT / 4:15 p.m. ET on Monday, Sept. 12, 2022. A live webcast and replay of the virtual session will be available on Coinbase’s Investor Relations website. To view the full press release, visit https://ccw.fm/qTzEm About Coinbase Global Inc. Coinbase is building the cryptoeconomy – a more fair, accessible, efficient, and transparent financial system…

WednesdaySep 07, 2022 10:59 am

CryptoNewsBreaks – HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) Announces $100M ATM Equity Program

HIVE Blockchain Technologies (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) has entered into an at-the-market (“ATM”) offering agreement with H.C. Wainwright & Co. According to the announcement, the agreement outlines the implementation of an equity offering program allowing H.C. Wainwright & Co. to issue and sell common shares of the company that totaling up to $100 million. As the agent, H.C. Wainwright would receive a cash commission of 3% on the gross proceeds raised through the ATM program. HIVE anticipates using the funds raised through the program to support the growth and development of its current mining operations; it may also…

TuesdaySep 06, 2022 1:36 pm

CryptoNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Announces August 2022 Production Update, Appointment of Gabriel Ibghy as General Counsel

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) today announced the production figures from its global Bitcoin and Ethereum mining operations for the month of August 2022, with a HODL balance of 3,258 Bitcoin and 5,100 Ethereum as of Aug. 31, 2022. “We continue to strive for operational excellence, ensuring that as we scale our hashrate as a company we also optimize our uptime, to ensure ideal Bitcoin and Ethereum output figures,” said Aydin Kilic, president and COO of HIVE. “We also would like to provide an update on the BTC and ETH equivalency, where one can equate value…

WednesdayAug 31, 2022 2:10 pm

CryptoNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Announces Q2 2022 Financial Results

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has announced its unaudited financial results for the second quarter ended June 30, 2022. The company reported $6.5 million in bitcoin mining revenue and $0.3 million in revenue from ethereum mining among the financial highlights. According to management commentary, “In the second quarter of 2022, we managed to modestly increase bitcoin production on a sequential basis despite the previously announced interruptions to certain hosting partners’ operations. Fortunately, our team is well versed when it comes to overcoming logistical hurdles. Our rapid response included signing a new hosting…

MondayAug 29, 2022 11:42 am

CryptoNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Announces Option and RSU Grants

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) recently announced that its board of directors has approved the grant of 415,200 incentive stock options, exercisable into the equivalent amount of common shares of the company at a price of C$5.66 per share for a period of five years. According to the update, the grants were made to employees, officers and consultants of the company and are subject certain vesting requirements. HIVE’s board of directors also approved the grant of an aggregate of 1,425,280 restricted share units (“RSUs”), which vest over 24 months, to employees, officers and consultants of the…

FridayAug 26, 2022 11:12 am

CryptoNewsBreaks – LQwD Fintech Corp. (TSX.V: LQWD) (OTC: LQWDF) Releases Results from Annual General Meeting

LQwD Fintech (TSX.V: LQWD) (OTC: LQWDF), a company focused on building infrastructure on the Bitcoin Lightning Network global micropayment system, is reporting on the voting results of its 2022 annual general meeting of shareholders. The meeting was held on Aug. 24, 2022. Shareholders voted on the election of directors as well as the appointment of auditors and a proposed stock-option plan. According to the announcement, all four of the nominees listed in LQwD's management information circular and proposed by management for election to the board of directors were duly elected. Those individuals included Shone Anstey, Giuseppe (Pino) Perone, Kim Evans…

ThursdayAug 25, 2022 11:29 am

CryptoNewsBreaks – BIT Mining Limited (NYSE: BTCM) Issues Letter to Investors

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today released a letter to its investors, which addressed recent declines in both the stock and cryptocurrency markets as well as the company’s resilience. “After two rounds of financing in 2022, we continue to invest in R&D, innovation and upgrading our core businesses. Our 82.5 MW power capacity at the Ohio Data Center not only can accommodate our own mining operations but also provide hosting services for third parties. We’ve settled our operations in the United States, which offers a rich diversity of opportunity, a better regulatory framework, a stable…

WednesdayAug 24, 2022 11:16 am

CryptoNewsBreaks – PIXELYNX Music Metaverse(TM) Platform Appoints David Clark-Joseph as Vice President of Investments

PIXELYNX, the music metaverse(TM) gaming platform founded by groundbreaking electronic musicians and technology visionaries Joel Zimmerman aka deadmau5 and Richie Hawtin aka Plastikman, today announced that they have named David Clark-Joseph as VP of investments. Most recently serving as VP of strategic investments at Liberty Gaming, David laid the foundation for a Web3 pro league for head-to-head guild competition. Prior to joining Liberty Gaming, David held various leadership roles at Distributive, Kraken Digital Asset Exchange, Mitel Networks, Bild Alternative Investments and American Fiber Packaging. “David brings with him a wealth of experience across Web3 that will be invaluable to the…

TuesdayAug 23, 2022 11:05 am

CryptoNewsBreaks – Tingo Inc. (TMNA) Releases Strong Q2 2022 Results

Tingo (OTC: TMNA) today announced that it has filed its quarterly report on Form 10-Q, wherein the company reported its financial results for the three and six months ended June 30, 2022. Among the highlights, the company announced net revenues totaling $268.7 million for Q2 2022 vs. $100.7 million for Q2 2021, an increase of 166.8%. In addition, Tingo’s Q2 2022 gross profit amounted to $164.2 million, an increase of 208.6% versus Q2 2021 gross profit of $53.2 million. “We are again pleased to announce a strong operating performance for the second quarter of 2022, building on a strong first…