CryptoCurrency Archives - Page 4 of 14

Tuesday Jan 03, 2023 - 11:13 am

InvestorNewsBreaks – BlockQuarry Corp. (BLQC) Releases Financial, Operational Report for the Three and Nine-Month Periods

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…

Tuesday Dec 27, 2022 - 11:02 am

InvestorNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Begins Ethereum Staking Operations, Enters Partnership

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…

Tuesday Dec 27, 2022 - 10:34 am

InvestorNewsBreaks – BIT Mining Limited’s (NYSE: BTCM) BTC.com Experiences Cyberattack

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…

Thursday Dec 22, 2022 - 11:42 am

InvestorNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBF) Announces Results from Shareholder Meeting, Strategic Acquisitions

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,…

Thursday Dec 15, 2022 - 3:43 pm

InvestorNewsBreaks – MICT Inc. (NASDAQ: MICT) Regains Compliance with Nasdaq Listing Requirements

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…

Wednesday Dec 14, 2022 - 10:24 am

InvestorNewsBreaks – MICT Inc.’s (NASDAQ: MICT) Subsidiary Establishes Strategic Presence in Malawi and East Africa

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…

Tuesday Dec 13, 2022 - 10:12 am

InvestorNewsBreaks – BIT Mining Limited (NYSE: BTCM) to Implement ADS Ratio Change

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…

Monday Dec 12, 2022 - 12:24 pm

InvestorNewsBreaks – Tingo Inc. (TMNA) Partners with DMCC to Unveil Global Commodity Platform and Export Business

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…

Friday Dec 09, 2022 - 2:24 pm

InvestorNewsBreaks – IBN, Upstream Enter Strategic Media Collaboration

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…

Friday Dec 09, 2022 - 1:19 pm

InvestorNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Issues November 2022 Production Update

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…

Thursday Dec 08, 2022 - 12:01 pm

InvestorNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Announces Q3 2022 Financial Results

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…

Wednesday Dec 07, 2022 - 10:08 am

InvestorNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Reports Numbers for November 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 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…

Tuesday Dec 06, 2022 - 10:37 am

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

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…

Monday Dec 05, 2022 - 12:40 pm

InvestorNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Achieves New Record for Total Hash Rate Capacity in November 2022

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…

Friday Dec 02, 2022 - 11:02 am

InvestorNewsBreaks – Creator of Litecoin Featured in CryptoCurrencyWire Audio Production

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…

Thursday Dec 01, 2022 - 12:53 pm

InvestorNewsBreaks – Tingo Inc. (TMNA) Operating Business, Assets Acquisition by MICT Completed

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…

Thursday Dec 01, 2022 - 12:12 pm

InvestorNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN) Digital Wallet Ends Support for Bitcoin Cash, Ethereum Classic

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…

Wednesday Nov 30, 2022 - 12:00 pm

InvestorNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Featured in Research Report

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…

Wednesday Nov 30, 2022 - 10:03 am

InvestorNewsBreaks – Mona and Friends to Delve Deep into Web 3 with Live Panel and Comedy Show

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…

Wednesday Nov 30, 2022 - 9:50 am

InvestorNewsBreaks – MICT Inc. (NASDAQ: MICT) Issues Update on Acquisition of Tingo Inc. (TMNA)

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…

Wednesday Nov 23, 2022 - 9:29 am

InvestorNewsBreaks – Coinbase (NASDAQ: COIN) Partners with 3iQ, Tetra Trust to Finalize ETP Digital Asset Custodianship

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…

Thursday Nov 17, 2022 - 2:03 pm

InvestorNewsBreaks – UBET Sports World Cup Betting Tournament to Launch on Nov. 20

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…

Thursday Nov 17, 2022 - 1:24 pm

InvestorNewsBreaks — BIT Mining Ltd. (NYSE: BTCM) Releases Q3 2022 Unaudited Financial Report

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…

Wednesday Nov 16, 2022 - 1:36 pm

InvestorNewsBreaks – Tingo Inc. (TMNA), MICT Inc. (NASDAQ: MICT) Announce Tingo Mobile PLC’s Launch of Key Partnerships

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…

Tuesday Nov 15, 2022 - 3:00 pm

InvestorNewsBreaks – Florida Bitcoin & Blockchain Summit Names IBN’s CryptoCurrencyWire as Official NewsWire

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…

Tuesday Nov 15, 2022 - 2:24 pm

InvestorNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Announces Quarterly Revenue of $29.6M, 31% YOY Increase in Bitcoin Production

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…

Monday Nov 14, 2022 - 3:16 pm

InvestorNewsBreaks – Canaan Inc. (NASDAQ: CAN) Releases Q3 2022 Financial Report

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…

Monday Nov 14, 2022 - 12:45 pm

InvestorNewsBreaks – Tingo Inc. (TMNA) Announces Strong Q3 2022 Results, Positioned for Continued Growth and Acceleration of Expansion Strategy

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…

Friday Nov 11, 2022 - 12:53 pm

InvestorNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN) Announces Participation at Oppenheimer Blockchain & Digital Assets Summit

Coinbase (NASDAQ: COIN) has announced that its Chief Financial Officer Alesia Haas will participate in a virtual fireside chat at the Oppenheimer Blockchain & Digital Assets Summit. The chat is scheduled to begin at 12:45 p.m. PT / 3:45 p.m. ET on Thursday, Nov. 17, 2022. According to the update, a live webcast and replay of the virtual session will be available on Coinbase’s Investor…

Thursday Nov 10, 2022 - 1:46 pm

InvestorNewsBreaks — BIT Mining Ltd. (NYSE: BTCM) Announces Plans to Release Q3 2022 Unaudited Financial Report

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, anticipates releasing its unaudited financial results for the third quarter before the U.S. market opens on Nov. 17, 2022. The results will cover the period ended Sept. 30, 2022. BIT Mining owns the world's top blockchain browser — BTC.com — and the comprehensive mining pool business operated under BTC.com as well as a 7-nanometer cryptocurrency mining machine…

Thursday Nov 10, 2022 - 10:23 am

InvestorNewsBreaks – Tingo Inc. (TMNA) Announces Launch of Operations in Ghana, Entry into Landmark Trade Deal with the Kingdom of Ashanti

Tingo (OTC: TMNA) today announced that Tingo Mobile PLC (“Tingo Mobile”) has opened a head office in Accra, Ghana, and has launched nationwide operations. According to the update, Tingo Mobile’s business in Ghana is held through a wholly owned subsidiary, Tingo Mobile Ghana Ltd (“Tingo Ghana”). To coincide with the launch, Tingo Ghana has agreed on a landmark trade deal with the Kingdom of Ashanti,…

Wednesday Nov 09, 2022 - 1:46 pm

InvestorNewsBreaks – Tingo Inc. (TMNA) Announces Filing of Definitive Information Statement to Merge with MICT

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has filed a Definitive Information Statement with the U.S. Securities and Exchange Commission (“SEC”). The statement outlines the completion of the merger between Tingo Mobile PLC, a wholly owned Tingo subsidiary, with MICT Inc., a NASDAQ-traded financial technology company; the merger should be complete by the end of this month. Once the merger is finalized, MICT will…

Wednesday Nov 09, 2022 - 12:27 pm

InvestorNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Announces Q3 2022 Results

Marathon Digital Holdings (NASDAQ: MARA) has reported its financial and operational results for the quarter ended Sept. 30, 2022. “The third quarter of 2022 was a transition and rebuilding period at Marathon, during which we fully exited the Hardin facility in Montana and began energizing servers at new locations, most notably the 280-megawatt data center that resides behind the meter at the King Mountain wind…

Tuesday Nov 08, 2022 - 10:02 am

InvestorNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Announces Strong Results for Q3 2022

Riot Blockchain (NASDAQ: RIOT), an industry leader in bitcoin (“BTC”) mining and data center hosting, has released financial results for the three-month period ended Sept. 30, 2022. “Our results this quarter are a strong testament to the benefits of Riot’s vertically-integrated and diversified business model, which is further complemented by our conservative financial approach,” said Jason Les, CEO of Riot. “Despite rising energy prices, which…

Monday Nov 07, 2022 - 12:36 pm

InvestorNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Issues Global Bitcoin Production Figures for October 2022

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) has announced production figures from the company’s global Bitcoin operations for the month of October 2022, with 307 Bitcoin produced and a BTC HODL balance of 3,311 Bitcoin as of Nov. 5, 2022. According to the summary, HIVE has a strong balance sheet, with approximately $70 million USD of Bitcoin, and no expensive borrowing against equipment…

Friday Nov 04, 2022 - 11:57 am

InvestorNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN) Announces Q3 2022 Shareholder Letter, Financial Results

Coinbase (NASDAQ: COIN) has announced the release of its third quarter (“Q3”) 2022 shareholder letter. The letter, which includes the company’s financial results, can be found on its Investor Relations website. In addition, Coinbase held a question-and-answer session to discuss its Q3 2022 results on Thursday, Nov. 3, 2022. A replay of the call and transcript are also available on the company’s Investor Relations website.…

Thursday Nov 03, 2022 - 1:21 pm

InvestorNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Reports Numbers for October 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 October 2022. According to the announcement, the company produced a record 615 BTC in October with total Bitcoin holdings reaching 11,285 BTC with a fair market value of $231.3 million. The report also noted that, after approximately 32,000 miners were successfully…

Thursday Nov 03, 2022 - 1:11 pm

InvestorNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Schedules Q3 2022 Earnings Call

Stronghold (NASDAQ: SDIG) today announced that it will host a conference call on Wednesday, Nov. 9, at 5:00 p.m. Eastern Time to discuss its operations and financial results from the third quarter ended Sept. 30, 2022. According to the update, Stronghold management will provide prepared remarks, followed by a question-and-answer period. A live webcast and a replay shortly after the event will be available on…

Thursday Nov 03, 2022 - 12:50 pm

InvestorNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Announces ‘Another Month of Executional Excellence’

Riot Blockchain (NASDAQ: RIOT), an industry leader in bitcoin (“BTC”) mining and data center hosting, today announced unaudited production and operations updates for October 2022. Among the highlights, the company reportedly produced 509 BTC, an increase of approximately 10% as compared to October 2021 production of 464 BTC. In addition, as of Oct. 31, 2022, Riot had a deployed fleet of 65,516 miners with a…

Thursday Nov 03, 2022 - 12:13 pm

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

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, today announced its unaudited bitcoin production and corporate updates for the month of October 2022. Among the corporate highlights, the company reportedly earned 152.5 bitcoins, an 8% increase compared to the prior month that was driven by a higher active hash rate and partially offset by an increase in the total bitcoin…

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