CryptoNewsBreaks

WednesdayAug 21, 2024 2:34 pm

CryptoNewsBreaks – Core Scientific, Inc. (NASDAQ: CORZ) Repays $267M in Debt, Increases Cash on Hand on Recent Convertible Notes Issue

Core Scientific (NASDAQ: CORZ), a leader in digital infrastructure for bitcoin mining and high-performance computing, has repaid a total of $267 million in debt with proceeds from its recently closed convertible senior notes issue. According to the announcement, the company repaid $150 million in secured notes, $61 million in an exit facility and $56 million in miner equipment loans, in addition to interest and other fees. The repayment reduced interest rates from approximately 12.5% to 3%. The announcement noted that the convertible notes offering raised net proceeds of $172.8 million after all payments (including commissions and estimated offering expenses), significantly…

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MondayAug 19, 2024 11:03 am

CryptoNewsBreaks – Upstream Provides 24/7 Ability to Transact on All Issuers’ Listed Equities

Upstream, a MERJ Exchange stock market and global trading app, is reporting three key benefits from expanded trading hours, including flexibility during market sell-offs, accessibility for global investors and interconnectivity of global markets. The Upstream article noted that traditional markets operate within specific trading windows, which creates some challenges. “U.S. markets open at 9:30 a.m. ET and close at 4 p.m. ET, and international markets, such as the London Stock Exchange, operate from 8 a.m. to 4:30 p.m. GMT,” stated the article. “When traditional markets like these are closed during times of volatility, particularly sell-offs, investors in different time zones…

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WednesdayAug 14, 2024 3:23 pm

CryptoNewsBreaks – Blockchain Africa Conference 2024 to Continue Decade’s Work of Propelling Africa to the Forefront of Global Blockchain Revolution

Blockchain Africa Conference, Africa’s largest and most influential blockchain event, is back, celebrating its monumental 10th anniversary. Organized by Bitcoin Events, this milestone event is where the future of Africa’s blockchain ecosystem is forged. This year marks a decade of groundbreaking innovation, transformative conversations, and game-changing solutions that are propelling Africa to the forefront of the global blockchain revolution. Attendees can look forward to an exhilarating lineup of keynotes, interactive exhibitions, hands-on workshops, and two action-packed tracks in the main program. The conference will feature a distinguished roster of speakers who will cover an expansive range of topics, including AI…

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WednesdayAug 14, 2024 2:48 pm

CryptoNewsBreaks – Blockchain Futurist Conference Anchors Upcoming Canada Crypto Week

Blockchain Futurist Conference is the anchor event for this month’s Canada Crypto Week, a weeklong series of Web3 and artificial intelligence (“AI”) events. Blockchain Futurist Conference will be providing a central hub for the weeklong event series that includes more than 30 web3 subevents, including networking events, round table discussions, book signings, investor breakfasts and more. Canada Crypto Week is slated for Aug. 11–17, 2024, in Toronto. According to the announcement, many of the events during Canada Crypto Week will take place at the Blockchain Futurist Conference site, offering attendees an interactive and immersive experience. Some of the week’s events include the…

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MondayAug 12, 2024 10:40 am

CryptoNewsBreaks – Upstream Lists Advantages of Trading Powered by Blockchain Tech

Upstream, a MERJ Exchange stock market and global trading app, is powered by blockchain technology, which is self-sufficient and operates continuously. That model means that stock markets could operate 24/7 with instantaneous settlement, which changes the landscape, particularly during market sell-offs. The advantages of that were discussed in a recent Upstream article. The article noted that “this past Monday morning, the Dow Jones Industrial Average fell more than 1,000 points. The Nikkei 225, an index of leading stocks in Tokyo, closed down 5.8% Friday, and then 12.4% on Monday.” The article observed that because of traditional stock-trading hours, an entire…

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TuesdayAug 06, 2024 11:34 am

CryptoNewsBreaks – Blockchain Futurist Conference Plays Pivotal Role in Shaping the Future of Web3, Finance

Blockchain Futurist Conference is Canada’s largest and most high-profile Web3, blockchain and cryptocurrency event. Serving as an essential platform for ideas and collaboration, the conference has proven to be an important global gathering helping shape the future of Web3. This year’s event is scheduled for August 13-14, 2024, in Toronto, Canada; the event will run alongside ETHToronto and ETHWomen Hackathons, the largest web3 hackathons in Canada. During Futurist 2023, reporter Daniel Bruno solicited quotes from onsite attendees experiencing the excitement of the event. What they said sets the tone for this year’s dynamic must-attend Blockchain Futurist Conference. “We have attended…

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MondayAug 05, 2024 1:33 pm

CryptoNewsBreaks – Upstream Looks at First Week of Spot Ethereum ETF Trading

Upstream, a MERJ Exchange stock market and global trading app, is reporting on the first week of trading for spot Ethereum exchange-traded funds (“ETFs”). According to the article, spot Ethereum ETFs began trading on July 23, 2024; the ETFs were offered by entities such as BlackRock, Fidelity, 21Shares, Bitwise, Franklin Templeton, VanEck and Invesco Galaxy, which also offer spot Bitcoin ETFs. Spot Ethereum ETFs started strong with more than $1 billion in trade volume on the first day, representing 23% of the volume seen by Bitcoin ETFs on their launch. Upstream noted that Ethereum ETFs, which are similar to traditional ETFs…

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WednesdayJul 31, 2024 9:50 am

CryptoNewsBreaks – Blockchain Futurist Conference to Highlight How AI Technologies are Transforming Web3, Reshaping the World

Blockchain Futurist Conference, Canada’s largest Web3 event, returns for its sixth year to Toronto on August 13-14, 2024. The core theme of this year’s event is a focus on Artificial Intelligence (“AI”). The event will offer sessions, panels, and sub-events that, centered around AI, will highlight how these technologies are transforming Web3 and reshaping our world. The dedicated AI segment, dubbed the AI Futurist Conference, is set for Wednesday, August 14, 2024; it will be accessible with all conference passes. The AI Futurist conference will also host multiple sponsors dedicated to AI organizations, including Inference Labs, a Gold Sponsor at…

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TuesdayJul 30, 2024 3:43 pm

CryptoNewsBreaks – Blockchain Futurist Conference Re-Engages CCW, IBN to Drive Greater Recognition for Upcoming Events

Untraceable, the organizer of the annual Blockchain Futurist Conference, has re-engaged CryptoCurrencyWire, one of 60+ brands part of IBN (“InvestorBrandNetwork”), to serve as an official newswire for this year’s event. In addition, IBN will continue to serve as the official media partner for the event. The 2024 Blockchain Futurist Conference is set to be held at the Rebel Entertainment Complex and Cabana in Toronto, Canada, on August 13-14, 2024. According to the announcement, CCW will also serve as an official newswire for the ETHToronto hackathon, while IBN will serve as the media partner for the ETHWomen hackathon. ETHToronto and ETHWomen…

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TuesdayJul 30, 2024 2:55 pm

CryptoNewsBreaks – WEEX, K9 Finance DAO Partner to Launch Projects on Shibarium Blockchain

WEEX, a leading cryptocurrency exchange platform, recently announced a strategic partnership with K9 Finance DAO, the official DeFi protocol of Shiba Inu (“SHIB”). The partnership is geared toward the launch of projects on Shibarium, an Ethereum Layer 2 blockchain. Shibarium is designed to address high gas fees and slow transaction speeds within the SHIB ecosystem. According to the announcement, WEEX selects premium projects from the thousands available on the Shibarium chain for its Launchpad and will list them on WEEX, supporting the SHIB community. For its part, K9 Finance DAO aims to bring decentralized finance to Shibarium and incentivize developers…

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