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NewsBreak Category: CryptoCurrency
Wednesday Sep 21, 2022 - 12:55 pm

InvestorNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN) Enters Strategic Partnership to Advance Crypto ETP Space in Canada

Coinbase (NASDAQ: COIN), together with 3iQ Digital Asset Management (“3iQ”), announced a new partnership aimed at expanding the exchange-traded product (“ETP”) ecosystem for digital assets in Canada and generating new interest from the investment community. Under the collaboration, Coinbase and Tetra will serve as custodians for 3iQ’s ETPs, including the 3iQ CoinShares Bitcoin ETF (TSX: BTCQ) and the Bitcoin Fund (TSX: QBTC), which became North…

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Monday Sep 19, 2022 - 2:55 pm

InvestorNewsBreaks – 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…

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Monday Sep 19, 2022 - 12:26 pm

InvestorNewsBreaks – 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…

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Wednesday Sep 14, 2022 - 12:11 pm

InvestorNewsBreaks – 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,…

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Monday Sep 12, 2022 - 2:02 pm

InvestorNewsBreaks – 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…

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Friday Sep 09, 2022 - 12:44 pm

InvestorNewsBreaks – 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…

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Thursday Sep 08, 2022 - 12:21 pm

InvestorNewsBreaks – 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…

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Thursday Sep 08, 2022 - 11:40 am

InvestorNewsBreaks – 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.…

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Wednesday Sep 07, 2022 - 2:57 pm

InvestorNewsBreaks – 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…

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Wednesday Sep 07, 2022 - 2:43 pm

InvestorNewsBreaks – 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…

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Wednesday Sep 07, 2022 - 2:28 pm

InvestorNewsBreaks – 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…

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Wednesday Sep 07, 2022 - 10:03 am

InvestorNewsBreaks – HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) Announces $100M ATM Equity Program

HIVE Blockchain Technologies (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) has entered into an at-the-market (“ATM”) offering agreement with H.C. Wainwright & Co. According to the announcement, the agreement outlines the implementation of an equity offering program allowing H.C. Wainwright & Co. to issue and sell common shares of the company that totaling up to $100 million. As the agent, H.C. Wainwright would receive a cash…

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Tuesday Sep 06, 2022 - 1:12 pm

InvestorNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Announces August 2022 Production Update, Appointment of Gabriel Ibghy as General Counsel

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) today announced the production figures from its global Bitcoin and Ethereum mining operations for the month of August 2022, with a HODL balance of 3,258 Bitcoin and 5,100 Ethereum as of Aug. 31, 2022. “We continue to strive for operational excellence, ensuring that as we scale our hashrate as a company we also optimize our uptime,…

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Thursday Sep 01, 2022 - 12:09 pm

InvestorNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Eyes Lightning Growth with >56K Transactions and Counting

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 its Bitcoin assets to grow and expand nodes across countries worldwide on the LN. “With a current node count of 19, LQwD’s LN reach includes Japan, England, Canada, France, Australia, Italy, Indonesia, Japan-Osaka, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong…

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Wednesday Aug 31, 2022 - 11:28 am

InvestorNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Announces Q2 2022 Financial Results

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has announced its unaudited financial results for the second quarter ended June 30, 2022. The company reported $6.5 million in bitcoin mining revenue and $0.3 million in revenue from ethereum mining among the financial highlights. According to management commentary, “In the second quarter of 2022, we managed to modestly increase bitcoin production…

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Monday Aug 29, 2022 - 11:38 am

InvestorNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Announces Option and RSU Grants

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) recently announced that its board of directors has approved the grant of 415,200 incentive stock options, exercisable into the equivalent amount of common shares of the company at a price of C$5.66 per share for a period of five years. According to the update, the grants were made to employees, officers and consultants of the company…

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Friday Aug 26, 2022 - 9:54 am

InvestorNewsBreaks – LQwD Fintech Corp. (TSX.V: LQWD) (OTC: LQWDF) Releases Results from Annual General Meeting

LQwD Fintech (TSX.V: LQWD) (OTC: LQWDF), a company focused on building infrastructure on the Bitcoin Lightning Network global micropayment system, is reporting on the voting results of its 2022 annual general meeting of shareholders. The meeting was held on Aug. 24, 2022. Shareholders voted on the election of directors as well as the appointment of auditors and a proposed stock-option plan. According to the announcement,…

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Thursday Aug 25, 2022 - 11:03 am

InvestorNewsBreaks – BIT Mining Limited (NYSE: BTCM) Issues Letter to Investors

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today released a letter to its investors, which addressed recent declines in both the stock and cryptocurrency markets as well as the company’s resilience. “After two rounds of financing in 2022, we continue to invest in R&D, innovation and upgrading our core businesses. Our 82.5 MW power capacity at the Ohio Data Center not only…

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Wednesday Aug 24, 2022 - 12:30 pm

InvestorNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leveraging LN to Enable Faster, More Secure Micropayments

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LN”), believes in the scalability of Bitcoin and the LN. The company is investing its own Bitcoin assets to create worldwide micropayment channels using its 19 active nodes on the network. “By the end of the current quarter, LQwD plans to increase node access…

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Wednesday Aug 24, 2022 - 10:18 am

InvestorNewsBreaks – PIXELYNX Music Metaverse(TM) Platform Appoints David Clark-Joseph as Vice President of Investments

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 that they have named David Clark-Joseph as VP of investments. Most recently serving as VP of strategic investments at Liberty Gaming, David laid the foundation for a Web3 pro league for head-to-head guild competition. Prior to joining Liberty Gaming, David…

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Tuesday Aug 23, 2022 - 10:49 am

InvestorNewsBreaks – Tingo Inc. (TMNA) Releases Strong Q2 2022 Results

Tingo (OTC: TMNA) today announced that it has filed its quarterly report on Form 10-Q, wherein the company reported its financial results for the three and six months ended June 30, 2022. Among the highlights, the company announced net revenues totaling $268.7 million for Q2 2022 vs. $100.7 million for Q2 2021, an increase of 166.8%. In addition, Tingo’s Q2 2022 gross profit amounted to…

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Monday Aug 22, 2022 - 10:28 am

InvestorNewsBreaks — BIT Mining Limited (NYSE: BTCM) Releases Q2 2022 Unaudited Financial Report

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, is reporting its unaudited financial results for the quarter ended June 30, 2022. Notable numbers from the report include revenues of $195.5 million for the quarter, down from the same period last year, and operating loss of $23.3 million, representing an $8.4 million increase over Q2 2021 and a $19.0 million increase over Q1 2022. BTCM…

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Friday Aug 19, 2022 - 1:19 pm

InvestorNewsBreaks – LQwD FinTech Corp.’s (TSX.V: LQWD) (OTCQB: LQWDF) PaaS Enabling Faster Transactions, Lower Fees, Higher Levels of Security

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 focused on increasing the scalability of Bitcoin and transactions using the LN. “The Federal Reserve Bank of Cleveland Working Paper Series released Working Paper 22-19 in June 2022 entitled ‘The Lightning Network: Turning Bitcoin into Money.’ The FED conjectures early on that…

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Friday Aug 19, 2022 - 10:41 am

InvestorNewsBreaks — BIT Mining Limited (NYSE: BTCM) Closes on Registered Direct Offering, Resulting in $9.3M

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, announced the closing of its registered direct offering with certain institutional investors. The company had announced the offering earlier this week. According to the announcement, the closed offering constitutes the purchase and sale of 15,566,665 of BTCM American Depositary shares ("ADSs"), Series A warrants to purchase up to an aggregate of 15,566,665 ADSs and Series…

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Thursday Aug 18, 2022 - 1:32 pm

InvestorNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Partners with Nine Blocks Capital Management to Reach Treasury Optimization Goals

Bit Digital Inc. (NASDAQ: BTBT), a digital asset mining company headquartered in New York, is working with Nine Blocks Capital Management SEZC Limited as part of its enhanced treasury management function. BTBT selected Nine Blocks, an institutionally focused digital assets manager managing a digital assets market neutral fund for an allocation, to support the company’s efforts to enhance its treasury management process. According to the announcement,…

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Thursday Aug 18, 2022 - 12:01 pm

InvestorNewsBreaks – Canaan Inc. (NASDAQ: CAN) Announces Unaudited Q2 2022 Financial Results

Canaan (NASDAQ: CAN), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended June 30, 2022. “We went through a challenging second quarter as the Bitcoin price continued to tumble down to under US$20 thousand. The COVID-19 containment lockdown in key cities in China also brought severe disruptions to our daily operations and demand for our AI chips,”…

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Wednesday Aug 17, 2022 - 12:09 pm

InvestorNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Announces Q2 2022 Results, Operational Update, Significant Debt Restructuring Events

Stronghold (NASDAQ: SDIG) has reported financial results for its second quarter ended June 30, 2022, provided an operational update and announced significant debt restructuring events. “Today we are announcing a series of transactions that we believe transform Stronghold into a materially less-levered, vertically integrated Bitcoin miner with significantly improved liquidity and flexibility to deploy capital opportunistically in a way that creates equity value through cycles…

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Wednesday Aug 17, 2022 - 11:55 am

InvestorNewsBreaks – HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) Releases Q1 2023 Report

HIVE Blockchain Technologies (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) is reporting its earnings for the first quarter 2023, the period ending June 30, 2022. According to the announcement, the company saw a strong gross mining margin of $27 million for the quarter, which represents an 18% increase over the prior quarter’s $22.9 million margin. The company pointed to its global Bitcoin and Ethereum mining operations…

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Tuesday Aug 16, 2022 - 2:03 pm

InvestorNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Announces Q2 2022 Results, Operational and Financial Highlights

Riot Blockchain (NASDAQ: RIOT), an industry leader in Bitcoin (“BTC”) mining and data center hosting, reported financial results for the three-month period ended June 30, 2022. “We are extremely encouraged by Riot’s financial resilience and operational achievements this quarter,” said Jason Les, CEO of Riot. “We continued to make substantial progress in executing towards our ambitious growth plans, including completion of our first immersion-cooled building…

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Tuesday Aug 16, 2022 - 1:42 pm

InvestorNewsBreaks – BIT Mining Limited (NYSE: BTCM) Announces $9.3M Registered Direct Offering

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today announced its entry into a securities purchase agreement with certain institutional investors. According to the update, the agreement is for the purchase and sale of 15 ,566,665 of the company's American Depositary Shares (“ADSs”), Series A Warrants to purchase up to an aggregate of 15 ,566,665 ADSs and Series B Warrants to purchase up…

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Tuesday Aug 16, 2022 - 10:20 am

InvestorNewsBreaks – GreenBox POS (NASDAQ: GBOX) Releases Q2 2022 Financial Report, Names New CFO

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, is reporting its Q2 2022 financial results for the period ended June 30, 2022; the company also noted key corporate updates. Highlights of the report included news that the company’s $1 billion processing volume is a 40% increase over Q1 processing volume and more than double the same period last year with GBOX revenues for…

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Friday Aug 12, 2022 - 11:25 am

InvestorNewsBreaks — BIT Mining Limited (NYSE: BTCM) Announces Plans to Release Q2 2022 Financial Report

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, plans to release its unaudited financial results for the quarter ending June 30, 2022. The company plans on releasing the Q2 2022 numbers on Friday, Aug. 19, 2022, before the U.S. market opens. BIT has a long-term strategy that focuses on creating value across the cryptocurrency industry, including cryptocurrency mining, mining pool and data-center operation.…

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Thursday Aug 11, 2022 - 3:35 pm

InvestorNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Reschedules Q2 2022 Earnings Call

Stronghold (NASDAQ: SDIG) has announced that it is rescheduling its second quarter 2022 earnings conference to Monday, Aug. 15 at 5:00 p.m. Eastern Time. In addition, a press release detailing the results will be issued after the close of trading on the same day. During the call, Stronghold management will provide prepared remarks, followed by a question-and-answer period. Interested parties may join the event by…

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Thursday Aug 11, 2022 - 9:49 am

InvestorNewsBreaks – GreenBox POS (NASDAQ: GBOX) Announces Participation in Upcoming Q3 Investor Summit

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, will be presenting at the upcoming Q3 Investor Summit. The two-day event, which is slated for Aug. 16–17, 2022, is hosted by Investor Summit Group. GreenBox chair Ben Errez will be presenting virtually; his presentation is scheduled for Aug. 17, 2022, at 12:30 p.m. ET. In addition, Errez will host one-on-one meetings with investors during…

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Wednesday Aug 10, 2022 - 3:02 pm

InvestorNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Increasing Presence on Revolutionary Lightning Network

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF) has launched 17 active nodes on the Bitcoin Lightning Network, spanning multiple countries to facilitate faster transactions with lower fees. “The first node (US-West) was launched in November 2021, around the same time the company launched its platform-as-a-service (‘PaaS’) offering, lqwd.tech. LQwD’s PaaS solution allows users worldwide to send and receive Bitcoin on the Lightning Network instantly, securely and…

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Wednesday Aug 10, 2022 - 12:06 pm

InvestorNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN) Issues Q2 2022 Shareholder Letter

Coinbase Global Inc. (NASDAQ: COIN) has announced the release of its second quarter 2022 shareholder letter. The letter, including the company’s financial results, is available on Coinbase’s Investor Relations website. The company also held a question-and-answer session to discuss its second quarter 2022 financial results on Tuesday, August 9, 2022. A replay of the call and transcript is available on the company’s Investor Relations website.…

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Monday Aug 08, 2022 - 12:28 pm

InvestorNewsBreaks – BIT Mining Limited (NYSE: BTCM) Receives Notice Regarding NYSE Continued Listing Standards

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today announced its receipt of a letter from the New York Stock Exchange (“NYSE”), dated July 29, 2022, notifying the company that it was not in compliance with applicable price criteria in the NYSE’s continued listing standards. This is because, as of July 28, 2022, the average closing price of BIT Mining’s American Depositary Shares…

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Monday Aug 08, 2022 - 12:00 pm

InvestorNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Issues July 2022 Production Update

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, today announced its unaudited bitcoin and ethereum production and corporate updates for the month of July 2022. According to the update, the company earned 142.5 bitcoins in July 2022, reflecting an 111% increase compared to the prior month. In addition, the company earned 0.5 ETH during July 2022 compared to 0.0 in…

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Friday Aug 05, 2022 - 11:06 am

InvestorNewsBreaks – HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) Releases Production Update for July 2022

HIVE Blockchain Technologies (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) has announced statistics for its global Bitcoin and Ethereum mining operations July 2022; the company is reporting a BTC HODL balance of 3,091 Bitcoin and 6,820 Ethereum as of Aug. 4, 2022. Highlights of the update include that the company produced 279.9 BTC in July, with 2.2 Exahash of Bitcoin mining capacity at beginning of July,…

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Wednesday Aug 03, 2022 - 12:03 pm

InvestorNewsBreaks – Canaan Inc. (NASDAQ: CAN) Announces Scheduled Release of Q2 2022 Financial Results, Conference Call

Canaan (NASDAQ: CAN), a leading high-performance computing solutions provider, today announced plans to report its financial results for the second quarter ended June 30, 2022, before the U.S. market opens on Aug. 18, 2022. On the same day at 8:00 a.m. ET, the company’s management team will hold a conference call to discuss the results. Interested parties should visit https://ibn.fm/BIHxV to complete the online registration…

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