CryptoNewsBreaks Archive - Page 28 of 134

TuesdayOct 11, 2022 12:35 pm

CryptoNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Issues Update Regarding Hosting Partner’s Operations

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, recently announced updates related to its hosting partner’s operations. According to the announcement, Bit Digital received a notice dated Oct. 4, 2022, from the City of Niagara Falls, New York, pertaining to a facility that is owned and operated by one of the company's hosting partners, Blockfusion USA Inc. The notice orders the cease and desist from any cryptocurrency mining or related operations at the facility until such time as Blockfusion complies with Section 1303.2.8 of the City of Niagara Falls Zoning Ordinance and all other city…

FridayOct 07, 2022 2:16 pm

CryptoNewsBreaks – Valour Inc. (NEO: DEFI) (GR: RMJR) (OTC: DEFTF) Announces Strategic CEO Appointment of Olivier Roussy Newton

Valour (NEO: DEFI) (GR: RMJR) (OTC: DEFTF), a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and decentralized finance, has announced the appointment of Olivier Roussy Newton as its CEO. The company’s former CEO, Russell Starr, will re-assume the role of head of capital markets and maintain his role as executive chairman. Roussy Newton, a co-founder of Valour, will assume the new role as a strategic move to accelerate the company’s further growth trajectory, to increase its global reach, build new partnerships and align its corporate governance initiatives globally.…

FridayOct 07, 2022 11:41 am

CryptoNewsBreaks – Tingo Inc. (TMNA), MICT Inc. (NASDAQ: MICT) Enter Merger Agreement for Acquisition

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, and MICT Inc. (NASDAQ: MICT), have signed a merger agreement outlining plans for MICT to acquire 100% of the operating business and assets of Tingo. According to the announcement, the new merger with the accompanying MICT funding should expedite the launch of Tingo’s food-produce export business; existing high-margin and material export contracts will allow a substantial portion of Tingo’s revenues to shift directly into U.S. dollars. In an amendment, the two companies accelerated and restated the original agreement and merger plan. The transaction will also support the acceleration of the development and…

ThursdayOct 06, 2022 2:48 pm

CryptoNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Reports September 2022 Bitcoin Production, Mining Operation Numbers

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the Bitcoin ecosystem, has released unaudited Bitcoin (“BTC”) production and miner installation updates for September 2022. According to the announcement, Marathon produced 360 BTC in September 2022, with a total of 616 BTC in Q3 2022. In addition, the company noted that total Bitcoin Holdings reached 10,670 BTC, which represents a fair market value of $207.3 million. Looking forward, the company observed that current operations at its King Mountain wind farm are in line with expectations. The announcement also noted that the King Mountain facility is hosted by Compute North,…

ThursdayOct 06, 2022 12:07 pm

CryptoNewsBreaks – BlockQuarry Corp. (BLQC) Q2, Q3 Reports Covered in Syndicated Broadcast

BlockQuarry (OTC: BLQC), a Texas-based company with commercial-stage operations in cryptocurrency mine hosting and self-mining in the southeast United States, is featured in an audio news broadcast released by NetworkNewsAudio (“NNA”). The latest release discusses BLQC’s report on its provisional and unaudited Q3 performance projections and includes highlights from its financial performance for the second quarter, or the three-month period ended June 30, 2022. The broadcast discusses the company’s revenue, which exceeded $1.5 million for Q2, up almost 8,000% year over year, as well as its total assets, which increased to nearly $11 million, up nearly 6,000%. The company also announced…

TuesdayOct 04, 2022 2:45 pm

CryptoNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Reports on September 2022 Production, Operations

Riot Blockchain (NASDAQ: RIOT), an industry leader in Bitcoin mining and data center hosting, has released a status update for production and operations for September 2022. Highlights of the report note that Riot produced 355 BTC, an estimated 13% decrease compared to September 2021, and at month-end, Riot held approximately 6,775 BTC — all produced by the company’s self-mining operations. The company also sold 300 BTC during the month, resulting in about $6.1 million net proceeds, and deployed a fleet of 55,728 miners, with a hash rate capacity of 5.6 exahash per second (“EH/s”). As for infrastructure, the company’s engineering and…

MondayOct 03, 2022 1:58 pm

CryptoNewsBreaks – Crypto Assets Conference to Collaborate with IBN for Upcoming German Event

Crypto Assets Conference (“CAC22B"), one of the leading blockchain technology conferences in Europe, will be partnering with InvestorBrandNetwork (“IBN”) to provide coverage of its Germany event. The event is scheduled for Oct. 18–19, 2022, and will be held at the Frankfurt School Blockchain Center. According to the announcement, the two-day event is designed to offer invaluable knowledge focused on the latest market trends and research findings. The conference agenda is broken into two tracks, one for each day. The theme for day 1 is “Bitcoin, Crypto Assets, Smart Contract Platform, DeFi, Metaverse, NFTs and Inflation”; day 2 theme is “Digital Securities,…

ThursdaySep 29, 2022 12:29 pm

CryptoNewsBreaks – BlockQuarry Corp. (BLQC) Releases Corporate Update, Financial Highlights

BlockQuarry (OTC: BLQC), a Texas-based company with commercial-stage operations in cryptocurrency mine hosting and self-mining in the southeast United States, is providing shareholders with provisional and unaudited Q3 performance projections along with highlights from its financial performance for the three months ended June 30, 2022. According to the update, BLQC management anticipates that the company is “on pace” for top-line sequential quarterly growth of some 30% during the three months ending Sept. 30, 2022. In addition, the update noted that for the three months ended June 30, 2022, revenue was up almost 8,000% year over year, totaled more than $1.5…

WednesdaySep 28, 2022 3:13 pm

CryptoNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leveraging LN to Enhance Micropayment Experience

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LN”), is leveraging the LN in pursuit of expanding the capabilities of Bitcoin. “Several countries worldwide have used the LN to their advantage, opening up payment opportunities that would not have existed otherwise. Last year, El Salvador adopted Bitcoin as a legal tender, using the LN’s capabilities to process millions of transactions to facilitate the purchase of everyday goods… Other countries are making Bitcoin payment more accessible, adding payment options in the cryptocurrency to everyday transactions,” a recent article…

TuesdaySep 27, 2022 3:29 pm

CryptoNewsBreaks – PIXELYNX Announces Strategic Appointment of Chris Mendez as VP of Ecosystems

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 the appointment of Chris Mendez to the newly created position of vice president of ecosystems. Reporting directly to PIXELYNX CEO and co-founder, Inder Phull, Mendez will oversee internal partnerships and strategies across PIXELYNX’s various interoperable ecosystems. Mendez brings significant expertise, most recently serving as senior technical product manager for the video/voice calling service WhatsApp, where he served 1.6 billion users who make 1 billion phone calls daily. “Chris’ many years of managing large-scale tech platform…

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