Defi company Triple 5 has unveiled the upcoming launch of its blockchain-based prediction protocol, which is designed to enable users to predict the future value of crypto assets. According to the announcement, the service will be available in the second quarter of the year and will mark the company’s entry into the $4.5 billion crypto-gaming industry and the $262 billion online betting space. The company…
BTCS (NASDAQ: BTCS), a blockchain technology focused company, today announced that it has begun the application process to dual list its shares of common stock on Upstream, the trading app for digital securities and NFTs powered by Horizon Fintex and MERJ Exchange Limited. A pioneer in the blockchain industry, BTCS has consistently demonstrated its commitment to innovation. The planned dual listing on Upstream is a…
In a new article, Upstream shines the spotlight on Genesis and Gemini’s SEC charges and the risks of unregulated securities. “Last week, it was reported that through their cryptocurrency loan program, Gemini Earn, Genesis Global Capital LLC, and Gemini Trust Company LLC were charged by the Securities and Exchange Commission ‘SEC’ for soliciting and selling unregistered securities to 340,000 retail investors… It will be eye-opening…
IBN (“InvestorBrandNetwork”), an innovative corporate communications firm and content distributor, has announced its collaboration with Quantum Events on the occasion of its flagship Web3 and blockchain conference — Quantum Miami. The event is slated to take place on Jan. 25 - 27, 2023, at the iconic James L. Knight Center in Miami, Florida. Serving as the media sponsor for the event, IBN is deploying its…
Quantum Events, the world’s premier conference production company, today announced that it will host its flagship web3 and blockchain conference, Quantum Miami, in a hybrid format at the James L. Knight Center in Miami, Florida, on Jan. 25 – 27, 2023. For Quantum Miami, the team behind the production of world-renowned events such as The North American Bitcoin Conference 2022 (BTC Miami) and Fantom DC…
Bit Digital Inc. (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has released Bitcoin production report along with corporate updates for December 2022. Highlights of the report include news that the company earned 130 Bitcoins, which is a 10% decrease compared to the prior month; the announcement noted that the decline in production was primarily driven by planned curtailment activities at designated locations.…
HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) today announced production figures from its global bitcoin (“BTC”) operations for the month of December 2022 and the calendar year 2022. The company reportedly produced 213.8 bitcoin in December, plus USD $3.15 million of income from its energy price hedging and grid balancing strategy. Additionally, HIVE produced crypto assets with a value of 4,752 bitcoin (based…
AmeriCann (OTCQB: ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, today released financial and operational results for its fiscal year and quarter ending September 2022. “Our focus on cost efficiency has produced some of the strongest adjusted operating EBITDA margins in the industry,” said CFO Ben Barton. “We look forward to investing the cash flow we are generating to further…
Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, today released unaudited bitcoin (“BTC”) production and miner installation updates for December 2022. “In 2022, we made significant progress in increasing our hash rate while also transitioning to more sustainable power sources,” said Fred Thiel, Marathon’s chairman and CEO. “Despite challenges earlier in the year, we doubled our hash rate to…
Riot Platforms (NASDAQ: RIOT), an industry leader in Bitcoin mining and data center hosting, is reporting unaudited production and operations numbers for December 2022. Highlights of the report note that Riot produced 659 BTC during the month, a 55% increase over the 425 BTC produced in December 2021. In addition, as of Dec. 31, 2022, the company held approximately 6,952 BTC, all produced by Riot’s…
Stronghold Digital Mining (NASDAQ: SDIG), a vertically integrated Bitcoin mining company with an emphasis on environmentally beneficial operations, has entered into an exchange agreement with the holders of the company’s amended and restated 10% notes. According to the announcement, the result is that the approximately $17.9 million of outstanding principal amount of debt and interest will be extinguished in exchange for shares of a new…
Riot Platforms (NASDAQ: RIOT) (formerly Riot Blockchain Inc.), an industry leader in Bitcoin mining and data center hosting, today announced the rebranding of its corporate name from Riot Blockchain Inc. to Riot Platforms Inc. The move underpins the company’s growth strategy to continue expanding its increasingly diversified business operations and reflects a renewal of its corporate vision to become the world’s leading Bitcoin-driven infrastructure platform.…
BlockQuarry (OTC: BLQC), a Texas-based company with commercial-stage operations in cryptocurrency mine hosting and self-mining in the southeast United States, is reporting on its unaudited financial highlights for the three and nine months ended Sept. 30, 2022. Financial highlights of the report show total revenues for the three-month period s of $2.098 million with total revenue for the nine-month period of $4.46 million. The company’s…
Bit Digital Inc. (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has officially begun Ethereum staking operations. The company announced that it plans to delegate, or stake, its ETH holdings to an Ethereum validator node in order to help secure and strengthen the blockchain network; the announcement also noted that stakers will be compensated for this commitment in the form of a reward of the native network…
BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, has announced that its subsidiary, BTC.com, experienced a cyberattack on Dec. 3, 2022. According to the update, certain digital assets were stolen in the cyberattack, including approximately US$700,000 in asset value owned by BTC.com’s clients and approximately US$2.3 million in asset value owned by the company. The company will devote considerable efforts to recover the…
HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBF) today announced that all resolutions considered at its 2022 annual meeting of shareholders on Dec. 20, 2022, were approved by its shareholders. The company also provided a corporate update for its fiscal third quarter ending Dec. 31, 2022. Among the resolutions, shareholders present in person or represented by proxy at the meeting approved/re-approved all director nominees,…
MICT (NASDAQ: MICT), which recently acquired the operating business and assets of Tingo (OTC: TMNA) (“Tingo Mobile Limited” or “Tingo Mobile”), announced that it has received a bid price compliance letter from the Nasdaq Stock Market LLC. The letter informs MICT that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq. MICT was…
MICT (NASDAQ: MICT) announced that, together with its wholly owned subsidiary Tingo (OTC: TMNA) (“Tingo Mobile Limited” or “Tingo Mobile”), has today launched in Malawi, as it establishes a strategic presence in East Africa and accelerates its pan-African rollout. Having already achieved a substantial user base in West Africa, Tingo Mobile’s move into Malawi is an important development due to its sizeable target market for…
BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, has announced that it plans to change the ratio of its American Depositary Shares (“ADSs”) to its Class A ordinary shares (the “ADS Ratio”), par value US$0.00005 per share. The change is from the current ADS Ratio of one (1) ADS to ten (10) Class A ordinary shares, to a new ADS Ratio of one…
Tingo (OTC: TMNA), a leading agri-fintech business in Africa and a wholly owned subsidiary of MICT Inc. (NASDAQ: MICT), has partnered with the Dubai Multi Commodities Centre to launch a global commodity platform and export business. According to the announcement, Tingo Mobile’s strong relationships and trade deals with numerous Nigerian and Ghanian farming cooperatives and associations provides the group with access to substantial quantities of agricultural…
IBN (“InvestorBrandNetwork”), an innovative corporate communications firm and content syndication platform, today announced a collaboration with Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”). According to the announcement, the collaboration intends to raise visibility for the influx of issuers listing on Upstream’s blockchain-powered market. “Upstream has seen an uptick in dual listing applications…
HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) today announced production figures from the company’s global bitcoin operations for the month of November 2022. Among the highlights, HIVE reportedly produced 264 bitcoin in the month of November, from ASIC and GPU mining operations, with a monthly average hashrate of 2.51 exahash, representing an average of 105 bitcoin per exahash. “In November, we continued to…
Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York City, has announced its unaudited financial results for the third quarter ended Sept. 30, 2022. Among the highlights, the company reported $9.1 million in bitcoin mining revenue for the third quarter and $164.7 million in total assets as of Sept. 30, 2022. “We are pleased to report that Bit Digital produced 429…
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 November 2022. According to the announcement, the company produced 472 Bitcoin during the month, bringing the total to date for the quarter to 1,087. In addition, the company reported that, as of Nov. 30, 2022, it had increased its unrestricted cash…
Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has announced its unaudited bitcoin production and corporate updates for the month of November 2022. Among the highlights the company reportedly earned 144.1 bitcoins, a 5% decrease compared to the prior month. The decline is attributed to an increase in network difficulty. In addition, Bit Digital owned 38,593 bitcoin miners and 730…
Riot Blockchain (NASDAQ: RIOT), an industry leader in bitcoin (“BTC”) mining and data center hosting, today announced unaudited production and operations updates for November 2022. Among the highlights, the company reported that it produced 521 BTC, an increase of approximately 12% as compared to November 2021 production of 466 BTC. In addition, Riot had deployed a fleet of 72,428 miners, with a hash rate capacity…
The Litecoin Foundation, a non-profit organization focused on promoting the adoption, education and development of Litecoin, was featured in the latest CryptoCurrencyWire Audio Production, a part of IBN’s (InvestorBrandNetwork) sustained effort to provide specialized content distribution via widespread syndication channels. Charlie Lee, creator of Litecoin and director of the Litecoin Foundation, joined the program to discuss recent endeavors as well as volatility of the crypto…
Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has been acquired by MICT Inc. (NASDAQ: MICT); the transaction was completed today. According to the announcement, the agreement includes 100% ownership of Tingo Inc.’s operating business and assets, specifically its subsidiary, Tingo Mobile Limited; 100% consolidation of Tingo Mobile’s revenues and income; 100% consolidation of Tingo Mobile’s balance sheet; and the opportunity to “globalize and dollarize an…
Coinbase Global (NASDAQ: COIN), a cryptocurrency exchange, announced that its digital wallet will no longer support the native tokens associated with Bitcoin Cash, Ethereum Classic, Ripple's XRP Ledger and Stellar; that change will take effect on Monday, Dec. 5, 2023. The company did note that users with balances will still be able to withdraw their money after that date. According to the announcement, the exchange…
Stonegate Capital Partners on Tuesday announced that it has initiated coverage on HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA). HIVE is a leading digital asset miner and green-focused data center builder and operator. Among key takeaways listed in the initiation of research report, Stonegate highlighted HIVE’s high operating efficiency, ESG-oriented focus and its improving mining capacity. “The company is a market leader of…
Mona Shaikh, veteran comedian, producer of Mona&Frens: Web3 Is A Joke and featured on CNN, Forbes and MSNBC, is collaborating with established events producer Stephen Berg and expert event planner Ravneet Kalsi to present Mona and Frens: Web3 is a Joke Web3 Panel and Comedy Show. The event is slated to take place on Dec. 16, 2022, at FameCast in Santa Monica, California, and showcase…
MICT (NASDAQ: MICT) previously announced that it is scheduled to complete the acquisition of the operating business and assets of Tingo (OTC: TMNA) by Nov. 30, 2022. This will be achieved through the acquisition of 100% of Tingo’s sole operating subsidiary, Tingo Mobile Limited. In return, MICT is issuing 19.9% of its common stock to Tingo, together with Series A Preferred Stock and Series B…
Coinbase Global Inc. (NASDAQ: COIN), 3iQ Digital Asset Management and Tetra Trust Company have finalized the custodian transition for 3iQ's exchange-traded products (“ETPs”). As a result, Coinbase and Tetra now serve as custodians for the full range of 3iQ's digital asset offerings. The transaction had been announced earlier this year. According to the announcement, 3iQ ETP digital assets are held in segregated custody accounts with…
UBET today announced that the UBET Sports World Cup Betting Tournament will begin next week. Launching on Nov. 20 and running throughout the FIFA World Cup, the tournament offers a total prize pool of $2,000 USDT to be won. With zero risk involved, participants can take part freely. The vision is for UBET Sports to be a super DApp, where all participants can wager on…
BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, is reporting unaudited financial results for its third quarter, the period ended Sept. 30, 2022. The report notes that BIT Mining has four primary business segments — self-mining, mining pool, data center operation and mining machine manufacturing — and the company is pursuing a deliberate development strategy that focuses on global cryptocurrency mining operations. A few highlights…
Tingo (OTC: TMNA) and MICT (NASDAQ: MICT) today announced that Tingo Mobile, which is being wholly acquired by MICT with a scheduled completion date of Nov. 30, 2022, has launched its partnership with the All Farmers Association of Nigeria (“AFAN”) ahead of schedule. Through its recently disclosed trade deal with Tingo Mobile, AFAN has committed to deliver a minimum of 20 million additional subscribers, which…
The second annual Florida Bitcoin & Blockchain Summit (“FBBS”) has selected InvestorBrandNetwork (“IBN”), a multifaceted communications organization with more than 50 brands including CryptoCurrencyWire (“CCW”), as an official newswire for this year’s event. The summit is hosted by Cutting Edge Events, which made the IBN selection. Cutting Edge Events is an innovative conference organizer specializing in new media and tech-driven events. “IBN and its blockchain-focused…
HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA), a leading digital asset miner and green-focused data center builder and operator, today announced the earnings report for the second quarter ended Sept. 30, 2022. Among the highlights, HIVE announced that it achieved revenue of $29.6 million this quarter, through mining 858 green and clean Bitcoin and 7,309 Ethereum, which were subsequently sold to reinvest in…
Canaan (NASDAQ: CAN), a leading high-performance computing solutions provider, is reporting its unaudited financial and operating results for the three-month period ended Sept. 30, 2022. Numbers of note from the report include computing power sold during the quarter totaling 3.5 million Thash/s, a 37.1% decrease from Q2 2022 and a 48.5% from 6.7 million Thash/s in the same period of 2021. CAN revenues reached $137.5 million, a decrease…
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 nine months ended Sept. 30, 2022. Among the highlights, the company reported growth in its Nwassa agri-fintech business that has driven increases of 64.8 % in revenues and 53.9 % in operating profit as compared to Q3 2021. In…
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