Riot Platforms announced a proposal to acquire Bitfarms for US$2.30 per share. This acquisition would create the world’s largest publicly listed Bitcoin miner, delivering substantial value to shareholders. Riot has already acquired a 9.25% stake in Bitfarms, becoming its largest shareholder, and plans to request a special meeting of Bitfarms’ shareholders to add new independent […]
Coinbase has intensified its push for the US Securities and Exchange Commission (SEC) to initiate formal rulemaking for digital assets. In its closing brief on May 31, the crypto exchange called on the appeals court to compel the financial regulator to establish clear regulations for the emerging industry. Coinbase Challenges SEC’s Regulatory Approach Coinbase asserts […]
The long-awaited arrival of spot Bitcoin ETFs in January 2024 has proven to be a watershed moment for the cryptocurrency market. Industry figures like Lynn Martin, president of the New York Stock Exchange Group, are crediting these exchange-traded funds with a surge in liquidity and mainstream adoption of cryptocurrencies. NYSE Boss Highlights Success Of Bitcoin […]
Yesterday marked a significant milestone as Immutable zkEVM, integrated with the Polygon network, made an announcement: its official support on the OKX Marketplace. OKX and Immutable are on a mission to propel web3 gaming, recently introducing a GameFi NFT launchpad on OKX’s Marketplace and integrating Immutable’s zkEVM chain for scalability and security. Additionally, OKX’s Web3 […]
The race to lower fees for spot Ethereum exchange-traded funds (ETFs) has begun as applicants aggressively reduce costs to attract investors. Experts note that fee wars are common in the ETF industry, as issuers tend to reduce their expense ratios to attract inflows. The crypto industry experienced this firsthand during the January approval process for […]
DeLorean, the famed automaker recognized for the iconic DMC-12 sports car featured in ‘Back to the Future‘, revealed its plans to introduce a web3 marketplace in collaboration with crypto payments company MoonPay. Crafted in partnership with Otherlife (now under MoonPay’s ownership), the marketplace aims to empower DeLorean enthusiasts to engage in buying, selling, and trading […]
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Caitlyn Jenner, former Olympic athlete and member of the Kardashian-Jenner family, reportedly launched 12 meme coins on the Solana blockchain. This move has sparked a heated debate about the ethics and impacts of celebrity involvement in cryptocurrencies. Caitlyn Jenner and the Meme Coin Controversy According to Lookonchain, Jenner earned 2,381 SOL valued $405,000 in four […]
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