CryptoNewsBreaks

WednesdayOct 19, 2022 1:50 pm

CryptoNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Breaks Ground at 1 GW Corsicana Facility

Riot Blockchain (NASDAQ: RIOT), an industry leader in bitcoin (“BTC”) mining and data center hosting, today announced that it has officially broken ground at the company’s 1 gigawatt (“GW”) expansion project (“the Corsicana Facility”) in Corsicana, Navarro County, Texas. “This groundbreaking marks a significant step forward in demonstrating Riot’s ongoing commitment to positively impacting the rural communities that we operate in,” said Chad Harris, executive vice president, chief commercial officer of Riot. “The development of the Corsicana Facility builds on the success of our 700-megawatt Rockdale Facility and, when complete, will bring Riot’s market-leading position to a total of 1.7…

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WednesdayOct 19, 2022 12:04 pm

CryptoNewsBreaks – Upstream Featured in CryptoNewsAudio Podcast

Upstream, a revolutionary exchange and trading app for digital securities and NFTs, was featured in the latest episode of The CryptoNewsAudio Podcast, an IBN (InvestorBrandNetwork) solution to provide specialized content distribution via widespread syndication channels. Mark Elenowitz, co-founder of Upstream, was featured in CryptoCurrencyWire’s latest audio production to discuss the innovative platform and MERJ Exchange (“MERJ”), which operates Upstream as a fully regulated and licensed integrated securities exchange, clearing system and depository for digital and non-digital securities. “We’re the only exchange in the world that’s built using blockchain,” Elenowitz said. “We’re also an affiliate of the World Federation of Exchanges.…

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WednesdayOct 19, 2022 11:04 am

CryptoNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN), Primer Announce Strategic Integration to Compete in the Evolving Payments Landscape

Coinbase (NASDAQ: COIN), together with Primer, the world’s first automation platform for payments and commerce, announced a strategic integration that allows merchants in global markets to add crypto as a standard method of payment at checkout. According to the update, Coinbase Commerce, Coinbase’s platform to help merchants accept cryptocurrency payments, can be added to Primer’s Universal Checkout with clicks, not code. As a result, merchants using Primer can now add crypto payments easily and quickly to their checkout page, which is critical given that 40% of global consumers are expected to use cryptocurrency to make a payment within the next…

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MondayOct 17, 2022 12:49 pm

CryptoNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Announces Significant Progress to Deliver Shareholder Value

Stronghold (NASDAQ: SDIG) on Friday provided an update on its previously announced agreement with NYDIG ABL LLC (“NYDIG”) and the Provident Bank (“BankProv”), to eliminate approximately $67 million in principal amount of debt outstanding under equipment financing agreements. Separately, Stronghold also announced its recent mutual termination and settlement of its data center hosting agreement. “We are pleased to have closed on a significant portion of our debt restructuring with NYDIG and look forward to eliminating the small remaining piece of this debt in the near future. These closings continue our meaningful transition towards a deleveraged company that can either sell…

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FridayOct 14, 2022 10:38 am

CryptoNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Reports on September 2022 Production

Bit Digital Inc. (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has released September 2022 unaudited numbers for its Bitcoin and Ethereum production; the report also included corporate updates for the month. Highlights note that last month Bit Digital earned 141.3 Bitcoins, which is a 3% decrease compared to August 2022. According to the company, the downward trend resulted from an increase in the network hash rate. As of Sept. 30, 2022, treasury holdings of BTC and ETH for the company were 943.3 and 5,261.7, with a fair market value of approximately $18.3 million and $7.0 million, respectively; the company also reported owning…

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WednesdayOct 12, 2022 1:02 pm

CryptoNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Issues September 2022 Production and Post Ethereum Merge Corporate Updates

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) today provided a corporate post Ethereum merge update and announced the production figures from the company's global Bitcoin and Ethereum mining operations for the month of September 2022. According to the announcement, HIVE has a BTC HODL balance of 3,350 Bitcoin and 356 Ethereum as of Sept. 30, 2022. “Using our returns on invested capital from the Ethereum mining business, which had higher gross mining margins than the Bitcoin mining business, HIVE expanded our Bitcoin mining ASIC hashrate and daily production, thus allowing us to grow our Bitcoin HODL to over…

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TuesdayOct 11, 2022 12:41 pm

CryptoNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN) Schedules Release of Q3 2022 Financial Results

Coinbase Global (NASDAQ: COIN) plans to publish its third-quarter 2022 shareholder letter, which will include financial results, on Nov. 3, 2022. The letter will go live after market close and will be available on the company’s investor relations website. In addition, the company announced plans to host a webcast, slated for 2:30 p.m. PT on the same day, after it releases the report. The webcast will include a discussion of the report and will feature a Q&A session. The company invites shareholders to submit questions for the event beginning on Oct. 27, 2022; questions can be submitted until 24 hours…

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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…

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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.…

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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…

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