News Archives - Page 41 of 118 - CryptoCurrencyWire

ThursdayJun 30, 2022 12:51 pm

CryptoNewsBreaks – LQwD Fintech Corp. (TSX.V: LQWD) (OTC: LQWDF) Expands Coverage Routes by Adding 17 New Routing Nodes

LQwD Fintech (TSX.V: LQWD) (OTC: LQWDF), a company focused on building infrastructure on the Bitcoin Lightning Network global micropayment system, has launched 17 new international routing nodes on Lighting Network. The company’s international routing nodes now include Japan, England, Canada, US-West, France, Italy, Indonesia, Bahrain, South Africa, South Korea, Sweden, Singapore, Brazil, Germany, India, Ireland and Hong Kong. According to the announcement, these new nodes put LQwD in a position to secure future routing fees in the growing global payments network. The company noted that it is seeing consistent upward trends, a 138% increase in total network capacity since last year at this same time. With other enterprises and exchanges such as Kraken, Robinhood,…

WednesdayJun 29, 2022 12:37 pm

CryptoNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Issues Update on Montana-Based Bitcoin Mining Operations

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, has disclosed that, as a result of a storm that passed through Hardin, Montana, earlier this month, the company’s mining operations in the region are currently without power and likely to remain offline until the damaged power generating facility can be repaired. Based on the latest inspection reports, Marathon’s Montana-based miners may have sufficient power to come back online in a reduced capacity as early as the first week of July. “The severe storm in Montana unexpectedly decreased our hash rate in June and presented us…

TuesdayJun 28, 2022 1:11 pm

CryptoNewsBreaks – GreenBox POS (NASDAQ: GBOX) Issues Letter to Shareholders

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing financial technology company, today announced a CEO letter to shareholders. In the letter, GBOX Chief Executive Officer Fredi Nisan discussed the company’s maturation over the years and his encouragement in the company’s accomplishments and future. “No doubt, we are keenly aware of volatile changes in the competitive landscape and business environment that have left numerous organizations rethinking their strategy. Nonetheless, we remain laser-focused on the long-term execution of our business strategy, with steadfast confidence in our highly differentiated technology,” Nisan stated. “Our commitment to driving shareholder value is not, and should not,…

MondayJun 27, 2022 11:20 am

CryptoNewsBreaks – TiiCKER Featured in CryptoCurrencyWire Production

IBN (InvestorBrandNetwork), a multifaceted communications organization engaged in connecting companies to the investment community, has announced the release of the latest CryptoCurrencyWire production as part of its sustained effort to provide specialized content distribution via widespread syndication channels. According to the update, the latest production features Jeff Lambert (“Tii:JEFE”), founder and CEO of TiiCKER, the first intelligent software platform that engages, verifies and rewards retail shareholders with stock perks. “TiiCKER really came out of frustration,” Lambert said during the interview. “I’ve been doing investor relations for public companies for 25 years, and we could never connect with individual investors. During…

FridayJun 24, 2022 12:36 pm

CryptoNewsBreaks – GreenBox POS (NASDAQ: GBOX) Becomes Among Sector’s 1st to Ensure Real-Time Custodial Account Attestations

GreenBox (NASDAQ: GBOX) is a financial technology company that leverages proprietary blockchain security and token technology to deliver customized payment solutions. The company has consistently called for improved processes to make the stablecoin industry custodial and transactional — the two elements GreenBox believes are critical to the industry’s long-term success. Upon completing a rigorous process, GreenBox has announced a partnership with accounting and consulting firm Armanino to attest to all GreenBox custodial accounts in real-time. “I could not be more pleased to see the stablecoin industry and the regulators move in the direction GreenBox has built our company on since…

ThursdayJun 23, 2022 4:46 pm

CryptoNewsBreaks – Canaan Inc. (NASDAQ: CAN) Announces Repurchase of Outstanding Warrants for ~$6.61M

Canaan (NASDAQ: CAN), a leading high-performance computing solutions provider, has announced its entry into agreements with certain warrant holders to repurchase over 4.72 million outstanding warrants of the company for an aggregate purchase price of approximately US$6.61 million. According to the update, the company issued the warrants in May 2021 pursuant to (i) certain securities purchase agreement (the “SPA”) between the company and the purchasers party thereto, dated April 29, 2021, and (ii) certain placement agent agreement between the company and the placement agents thereto, dated April 29, 2021. Simultaneously, the parties amended the terms of the SPA in a…

ThursdayJun 23, 2022 4:42 pm

CryptoNewsBreaks – BIT Mining Limited (NYSE: BTCM) Announces $16M Registered Direct Offering

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today announced its entry into a securities purchase agreement with certain institutional investors. The registered direct offering is for the purchase and sale of 16,000,000 of the company's American Depositary Shares (“ADSs”) (or pre-funded warrant to purchase certain ADSs (“ADS Equivalent”) in lieu thereof), Series A Warrants to purchase up to an aggregate of 16,000,000 ADSs and Series B Warrants to purchase up to an aggregate of 16,000,000 ADSs, at a combined purchase price of US$1.00 per ADS (or ADS Equivalent) and associated warrants. Each ADS represents ten (10) Class…

WednesdayJun 22, 2022 4:11 pm

CryptoNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Announces Q1 2022 Financial Results

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, today announced its unaudited financial results for the first quarter ended March 31, 2022. Among the highlights, the company reported $8.0 million in bitcoin mining revenue and $0.5 million in ethereum mining for the first quarter of 2022. Management commentary reads as follows: “The first quarter of 2022 marked the first full quarter in which 100% of our mining fleet was on North American soil. With migration complete, our focus remains deploying our fleet while remaining a leader in sustainability. We're proud of our progress and especially…

WednesdayJun 22, 2022 2:05 pm

CryptoNewsBreaks – BlockQuarry Corp. (BLQC) Featured on Stock Day Podcast

BlockQuarry (OTC: BLQC), a company that focuses on cryptocurrency mine hosting and self-mining operations at its leased property in the Southeast U.S., was featured on a recent episode of the Stock Day Podcast. BlockQuarry’s Founder and President Alonzo Pierce joined Stock Day host Sever Copley to discuss the first phase of the company’s mining operations, as well as what investors can look forward to for the rest of the year and beyond. “Phase one is going great... We are currently running at full capacity, at 20 megawatts. The best is yet to come… Our host model and the revenues allow…

WednesdayJun 22, 2022 10:22 am

CryptoNewsBreaks – PIXELYNX Announces Partnership with, Investment in New Cloud-Based Interactive Platform

PIXELYNX, the music metaverse platform founded by notable DJs Joel Zimmerman, aka deadmau5, and Richie Hawtin, aka Plastikman, is partnering with Oorbit, a new type of cloud-based interactive platform with interoperable AAA-quality games and virtual worlds, to provide browser-based music and entertainment experiences. The long-term collaboration entails PIXELYNX utilizing the Oorbit platform to create fresh, innovative experiences from leading artists, labels, IP holders and brands. According to the announcement, Oorbit is particular about which companies it works with and is committed to partnering with only the best companies that feature top building skills and communities. The new partnership will allow…