CryptoNewsBreaks

MondaySep 19, 2022 3:01 pm

CryptoNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Secures 276MW Contracted Capacity of New Ellendale, North Dakota-Based Facility

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, in conjunction with Applied Blockchain Inc. (NASDAQ: APLD), a designer, builder and operator of next-generation datacenters, executed the option for an additional 70MW of hosting at Applied Blockchain’s new facility located in Ellendale, North Dakota. Applied Blockchain today announced the Sept. 8 groundbreaking of the facility, and the mutually executed option brings contracted capacity with Marathon to 276MW and total contracted hosting for APLD to nearly 500MW. “The community of Ellendale and representatives of North Dakota have been amazing to work with as we bring this…

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MondaySep 19, 2022 12:27 pm

CryptoNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leveraging Lightning Network to Offer Better Solutions

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF) is focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LN”). The company is at the forefront of making micropayment transactions quick and affordable for consumers by leveraging its Bitcoin assets to create the channels necessary to facilitate growth across the LN. “LQwD has expanded its reach, providing LN nodes across 17 countries and a goal of increasing its presence to 24 countries by the end of the current quarter… Collectively, these [existing] nodes offer users a capacity of over 30 BTC and access to over 300 payment channels. The…

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WednesdaySep 14, 2022 12:27 pm

CryptoNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Announces $9M Private Placement

Stronghold (NASDAQ: SDIG) has announced its entry into a securities purchase agreement with an institutional investor and the company’s co-chairman and chief executive officer, Greg Beard, to purchase 5,000,000 and 602,609 shares of Class A common stock at a purchase price of $1.60 and $1.66, respectively, as well as warrants to purchase an aggregate 5,602,409 shares of Class A common stock. According to the announcement, the warrants will have an initial exercise price of $1.75 per share (subject to adjustments) and will expire five years from the date of issuance. Stronghold anticipates approximately $9.0 million in gross proceeds, with the…

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MondaySep 12, 2022 2:03 pm

CryptoNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) at Forefront to Implement Cryptocurrency as Viable Monetary Solution

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing enterprise-grade infrastructure to drive Bitcoin adoption, has operated on the Lightning Network (“LN”) since November 2021, amassing a capacity of over 30 BTC with more than 300 channels facilitating BTC transactions for micropayment users. “The Lightning Network has allowed users to complete payments using the layer 2 protocol quicker than traditional blockchain and even faster than some of the world’s leading institutions. Payments made using the LN offer faster settlement times, cheaper fees and higher levels of security than their centralized counterparts,” a recent article reads. “With the increased…

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FridaySep 09, 2022 12:55 pm

CryptoNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Announces Participation for Upcoming Conferences

Stronghold (NASDAQ: SDIG) today announced its participation in upcoming events, including the 24th Annual H.C. Wainwright Global Investment Conference, the 2nd Annual BTIG Digital Assets Conference, and the 2nd Annual B Riley Securities Crypto Conference, with date and location details outlined in the press release. Stronghold management will be conducting one-on-one meetings with investors at all three events. In addition, management is scheduled to present at 3:00 p.m. ET on Tuesday, Sept. 13, at the H.C. Wainwright Global Investment Conference, as well as host a fireside chat at 2:00 p.m. ET on Tuesday, Sept. 20, at the BTIG Digital Assets…

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ThursdaySep 08, 2022 12:26 pm

CryptoNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN) Collaborates with Integrated Gaming Entertainment Company

Coinbase (NASDAQ: COIN), one of the world’s largest cryptocurrency platforms and a trusted leader in the Web3 space, has entered a strategic collaboration with Enthusiast Gaming Holdings Inc. (NASDAQ: EGLX) (TSX: EGLX), an integrated gaming entertainment company. Under the partnership, Coinbase will provide developer tools, educational content and community-building support to power Enthusiast Gaming’s portfolio of Web3-enabled games. “We’re honored to have been selected by Enthusiast Gaming to power its growing portfolio of games with scalable blockchain infrastructure,” said Dan Kim, vice president of business development at Coinbase. “Partnering with industry experts on game-changing titles like EV.IO is how we’ll…

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ThursdaySep 08, 2022 12:03 pm

CryptoNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Releases August 2022 Production Update

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has announced its unaudited bitcoin and ethereum production and corporate updates for the month of August 2022. Among the highlights, the company reported that it earned 145.3 bitcoins, a 2% increase compared to the prior month, and 0 ETH during August 2022 compared to 0.5 in the month ending July 31, 2022. Treasury holdings of BTC and ETH were 919.2 and 3,684.0 with a fair market value of approximately $18.4 million and $5.7 million, respectively, as of Aug. 31, 2022. Also as of Aug. 31, Bit Digital…

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WednesdaySep 07, 2022 3:09 pm

CryptoNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Announces Continued Success in August 2022

Riot Blockchain (NASDAQ: RIOT), an industry leader in bitcoin (“BTC”) mining and data center hosting, has announced unaudited production and operations updates for August 2022. “August was another successful month for Riot in which we continued to make significant progress on the expansion of our Rockdale facility, including the deployment of an additional 6,347 S19j Pros in our immersion-cooled buildings, and producing bitcoin while further contributing to grid stability in Texas through the continued exercise of our proprietary power strategy,” said Jason Les, CEO of Riot. “The significant benefits received in August from this strategy enhance our already industry-leading position…

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WednesdaySep 07, 2022 2:50 pm

CryptoNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Announces August BTC Production, Mining Operation Updates

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, has published unaudited bitcoin (“BTC”) production and miner installation updates for August 2022. “In August, we continued to install and energize miners with our hosting providers, increasing our hash rate and steadily improving our bitcoin production,” said Fred Thiel, Marathon’s chairman and CEO. “Our hosting providers have continued to install miners at multiple locations. Based on their latest reports, we expect to have approximately 65,000 additional miners, or approximately 6.9 exahashes per second of capacity, brought online at multiple facilities over the next 90 days. With…

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WednesdaySep 07, 2022 2:39 pm

CryptoNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN) to Participate in Goldman Sachs Communacopia & Technology Conference

Coinbase (NASDAQ: COIN) has announced that Emilie Choi, the company’s president and chief operating officer, and Faryar Shirzad, its chief policy officer, will participate in a fireside chat at the Goldman Sachs Communacopia & Technology Conference. The presentation is slated to take place at 1:15 p.m. PT / 4:15 p.m. ET on Monday, Sept. 12, 2022. A live webcast and replay of the virtual session will be available on Coinbase’s Investor Relations website. To view the full press release, visit https://ccw.fm/qTzEm About Coinbase Global Inc. Coinbase is building the cryptoeconomy – a more fair, accessible, efficient, and transparent financial system…

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