Breaks Categories: News

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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TuesdayMay 24, 2022 2:08 pm

CryptoNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBF) Announces 5:1 Share Consolidation

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBF) today announced that, further to its May 10 press release, the company will be proceeding with the consolidation of its common shares on the basis of five pre-consolidation common shares for one post-consolidation common share. The common shares will commence trading on the TSX Venture Exchange (“TSXV”) and Nasdaq on a post-consolidation basis effective at the opening of the market on May 24, 2022. Completion of the consolidation is subject to receipt of all necessary regulatory approvals, including TSXV approval and pursuant to the Business Corporations Act (British Columbia) and the…

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MondayMay 23, 2022 10:45 am

CryptoNewsBreaks – SportsCast to Showcase Innovative Approach to Sports Collectibles at Upcoming Events

SportsCast is a first-of-its-kind provider of digital sports memorabilia that is transforming sports collectibles by fusing ingenious original artwork digital cards with captivating athlete-created video content together in unique, highly collectible NFTs. SportsCast today announced its participation in the upcoming Podfest Expo and Florida Bitcoin & Blockchain Summit events taking place on May 26-29 in Orlando, Florida. “SportsCast was born as a way to combine the development opportunities presented by web3 with our considerable expertise in athlete management. I’ve been in the sports business space for 25 years, and this is something special,” said Garrick Dorn, managing partner of SportsCast. “We couldn’t be more pumped…

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FridayMay 20, 2022 12:12 pm

CryptoNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Releases Update on Incidents Involving Hosting Partners’ Operations

Bit Digital Inc. (NASDAQ: BTBT), a Bitcoin mining company headquartered in New York, has released information about its hosting partners operations. According to the announcement, company officials have become aware of two incidents impacting operations of its hosting partners: Blockfusion USA and Digihost Technology Inc. The company noted that Blockfusion’s Niagara Falls facility was damaged by an explosion and ensuing fire. As a result, power was cut off to some 2,515 BTBT Bitcoin miners as well as an estimated 710 ETH miners that had been operating at the facility just before the explosion. Based on the update, no material damage to…

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FridayMay 20, 2022 11:30 am

CryptoNewsBreaks – BIT Mining Limited (NYSE: BTCM) Announces Scheduled Release of Q1 2022 Financial Results

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today announced plans to release its unaudited financial results for the first quarter ended March 31, 2022. According to the update, the results will be announced before the U.S. market open on Friday, May 27, 2022. To view the full press release, visit https://ccw.fm/3mGqg About BIT Mining Limited BIT Mining is a leading technology-driven cryptocurrency mining company with a long-term strategy to create value across the cryptocurrency industry. Its business covers cryptocurrency mining, mining pool and data center operation. The company owns the world’s top blockchain browser BTC.com and the…

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