Breaks Categories: News

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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ThursdayJun 02, 2022 2:14 pm

CryptoNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Names New CFO, Outlines Other Financial Succession Appointments

Riot Blockchain (NASDAQ: RIOT), an industry leader in Bitcoin mining and hosting, has named a new chief financial officer. Colin Yee, currently serving as head of corporate & financial operations, has been appointed by the company’s board of directors to serve as CFO, effective Aug. 15, 2022. Yee replaces Jeff McGonegal, who is retiring after 20 years with the company. McGonegal will continue to serve in the capacity of senior advisor, and will remain employed through the term of his employment agreement of Feb. 7, 2023; after that time, it is anticipated that he will enter into a consulting agreement…

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ThursdayJun 02, 2022 1:18 pm

CryptoNewsBreaks – Coinbase Global Inc. CEO to Participate in Piper Sandler Global Exchange & FinTech Conference

Coinbase today announced that its Chief Financial Officer Alesia Haas will participate in a virtual fireside chat at the Piper Sandler Global Exchange & FinTech Conference. The session is slated to begin at 5:30 a.m. PT / 8:30 a.m. ET. on Wednesday, June 8, 2022. Interested parties may access the live webcast and a replay of the virtual session via Coinbase’s Investor Relations website. To view the full press release, visit https://ccw.fm/yauyX About Coinbase Global Inc. Coinbase is building the cryptoeconomy – a more fair, accessible, efficient, and transparent financial system enabled by crypto. The company started in 2012 with…

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TuesdayMay 31, 2022 3:10 pm

CryptoNewsBreaks – The Beatport Group, PIXELYNX Launch Limited Derivative Collection of Synth Heads NFTs

Beatport, the global leader of music for DJs, producers and their fans, together with PIXELYNX, the new music metaverse gaming platform created by musicians and technologists Joel Zimmerman (aka deadmau5) and Richie Hawtin, today announced a limited derivative collection of their popular Synth Heads NFTs. According to the update, the series is being launched in partnership with leading U.K. techno festival Junction 2, which is making its first appearance in more than two years, and the new collection provides fans with a key to unlock special access and experiences at Junction 2. “After a COVID-induced hiatus for two years, the…

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TuesdayMay 31, 2022 2:01 pm

CryptoNewsBreaks – BIT Mining Limited (NYSE: BTCM) Completes First Closing of Bee Computing Acquisition

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, has successfully completed the first closing of its previously announced share exchange agreement dated April 5, 2021, (as amended and restated in April 2022), entered into by the company and the shareholders of Bee Computing (HK) Limited. At the first closing of the agreement, which followed the satisfaction or waiver of certain required closing conditions, the company issued 16,038,930 of its Class A ordinary shares to the selling shareholders. “We are pleased to announce the first closing of our Bee Computing acquisition and are excited about the progress Bee Computing…

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FridayMay 27, 2022 12:44 pm

CryptoNewsBreaks – BIT Mining Limited (NYSE: BTCM) Announces Unaudited Financial Results for Q1 2022

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today reported unaudited financial results for the first quarter of 2022. “We are glad to announce our financial results for the first quarter ended March 31, 2022 , as we continue to execute on our strategy to create value within the cryptocurrency ecosystem,” said Xianfeng Yang, CEO of BIT Mining. “Over the past quarter, we focused on our expansion in North America and have made significant progress in the construction of our data centers in Ohio. In the meantime, we continued our Bitcoin and Ethereum mining businesses and the integration…

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FridayMay 27, 2022 12:19 pm

CryptoNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Appoints New Director

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF) today announced the appointment of Peter Loretto as an independent director replacing Dean Sutton, who will remain an advisor to the company. According to the update, the board now consists of Shone Anstey, Ashley Garnot, Pino Perone, Kim Evans and Peter Loretto. Loretto holds an MBA from Gonzaga University in Spokane Washington and has more than 35 years of extensive international investment banking, corporate finance and both venture and senior board listed company experience. To view the full press release, visit https://ccw.fm/J1Jx7 About LQwD FinTech Corp. LQwD is a Lightning Network Service Provider (“LSP”)…

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WednesdayMay 25, 2022 1:29 pm

CryptoNewsBreaks – PIXELYNX Unveils ELYNXIR – Introducing New Level of Immersion in Music Metaverse

PIXELYNX, the new music metaverse gaming platform created by musicians and technologists Joel Zimmerman (aka deadmau5) and Richie Hawtin, has revealed the name of its first mobile game — ELYNXIR — along with branding for the game created by award-winning creative director Joe Perez of WØRKS. According to the announcement, ELYNXIR was unveiled yesterday at the Niantic Lightship Summit in San Francisco by PIXELYNX CEO and Co-Founder Inder Phull in front of a packed house of augmented reality developers and executives. In addition, Niantic announced an investment in PIXELYNX at the conference. “ELYNXIR introduces an entirely new level of creative…

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TuesdayMay 24, 2022 3:46 pm

CryptoNewsBreaks – Ryoshis Vision (‘$RYOSHI’) Aims to Disrupt Entertainment and Technology Sectors

As the rise of a new crypto era begins, with mass adoption on the horizon from institutions and individuals, Ryoshis Vision (“$RYOSHI”) takes a revolutionary approach to create a burning protocol solution for the Shiba Inu ecosystem. With plans of turning into a decentralized autonomous organization (“DAO”), Ryoshis Vision is focused on disrupting the entertainment and technology sectors through developing offerings that benefit artists, creators, players and many other actors in distinct sectors. Going by the name Ryoshi, the founder of the Shiba Universe had a vision to create a completely decentralized financial ecosystem that would transform ordinary finance into…

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TuesdayMay 24, 2022 2:53 pm

CryptoNewsBreaks – HouseBit Corp. Unveils New Ownership, Occupancy Model with Completion of First Fully Tokenized Property in Miami

HouseBit, based in Miami, has completed the first fully digital, real estate tokenization on a property in downtown Miami; the transaction used cryptographic decentralized blockchain technology. Miami-based International Realty Group, a Florida- licensed, full-service boutique real estate brokerage specializing in the luxury market, was also involved in the transaction. According to the announcement, the tokenization involved the combination of HouseBit’s patent-pending technology and a land trust created specifically for the property, which issued 1,000 ownership tokens, including a single occupancy non-fungible token (“NFT”), which provides the right to occupy the property. The other ownership tokens represented  proportional ownership in the…

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