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Bitcoin Miner Iris Energy Signs $100M Equity Deal With B. Riley
23.9.2022
B. Riley previously signed a similar deal with Core Scientific in July
Web3 Firm Chain Reveals Multi-Year Partnership With the New England Patriots
23.9.2022
The Web3 software solutions company Chain announced the company has partnered with Kraft Sports + Entertainment, the owners and operators of the New England Patriots, New England Revolution, Gillette Stadium, and Patriot Place. Chain details that the multi-year deal will allow the company to serve...
NFT Project Okay Bears Signs Licensing Deal With IMG
20.9.2022
IMG has been appointed as the exclusive global licensing representative to launch consumer products and experiences for the community-focused PFP project
Eurocoinpay Partners With Mastercard to Launch One of the First Cryptocurrency Based Cards in Spain
20.9.2022
Eurocoinpay, a Spanish cryptocurrency exchange, has closed a deal to offer one of the first cryptocurrency-based debit cards in Spain. The card, which is already available for customers of Eurocoinpay, will allow users to acquire products in more than 90 million establishments in the European Union...
US Treasury Clarifies How to Comply With Regulations on Sanctioned Crypto Mixing Service Tornado Cash
17.9.2022
The U.S. Department of the Treasury has answered some questions on regulatory compliance relating to Tornado Cash, a recently sanctioned crypto mixer. The answers include how to withdraw crypto or complete transactions initiated using Tornado Cash prior to its sanction and how to deal with...
Twitter’s Shareholders Overwhelmingly Vote for Elon Musk to Take Over the Social Media Platform
15.9.2022
Twitter’s shareholders have overwhelmingly voted for Tesla CEO Elon Musk to take over the social media platform. “Approximately 98.6% of the votes cast at the special meeting approved the proposal to adopt the merger agreement,” the social media giant said. Shareholders Want...
Bolt Axes $1.5B Deal to Buy Crypto Infrastructure Provider Wyre
12.9.2022
A landmark deal that would have seen payments firm Bolt acquire Wyre for $1.5 billion has been scrapped by mutual agreement, according to a press release
Hungary’s Prime Minister Says ‘Europe Has Run out of Energy’ Amid Russia’s Gas Standoff
11.9.2022
Europe is suffering and struggling to contain an energy crisis according to various reports that say the eurozone might have to deal with a cold winter that could lead to energy rationing and blackouts. A recent survey published by the General Confederation of Greek Workers (GSEE) shows seven...
Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre
10.9.2022
California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes amid plunging valuations in the crypto and fintech sectors. Bolt Gives Up Plan for $1.5 Billion Wyre Acquisition Bolt...
Top Russian Lawmaker Joins Calls for Legalizing International Crypto Payments
9.9.2022
A high-ranking member of the Russian parliament has urged for the adoption of a relevant legal framework to properly regulate cross-border crypto payments. His proposal comes after key regulators in Moscow said that Russia needs to allow the use of cryptocurrencies in foreign trade, now that...
Bitcoin Mining Firm Cleanspark Purchases 10,000 Bitmain Miners for $28 Million
7.9.2022
The bitcoin mining company Cleanspark revealed on Wednesday that the company has signed a purchase agreement for 10,000 new Bitmain Antminer S19j Pro mining rigs for $28 million. Cleanspark expects the machines to be delivered to the company’s facilities by the end of October or early...
PlayStation Boss Calls Out Microsoft Over 'Inadequate' Call Of Duty Deal
7.9.2022
The console war custody battle over Call of Duty has taken an unlikely turn. In an industry notorious for secrecy and backroom deals, two of the biggest executives in gaming are hashing it out in public. A week after Microsoft Gaming CEO Phil Spencer said Activision’s hit shooter would remain...
Russia Shuts off Europe’s Main Gas Pipeline Until the West’s Sanctions Are Lifted, Iran Tempts EU With Similar Deal
5.9.2022
Russia has seemingly drawn a line in the sand and will not turn on Europe’s main gas pipeline until the “collective West” lifts the financial sanctions against the country. The move follows the Nord Stream 1 pipeline allegedly shutting down for “maintenance,”...
Ethereum Classic Hashrate Taps All-Time High Nearing 50 TH/s Ahead of The Merge
5.9.2022
Ethereum Classic’s hashrate surpassed the 40 terahash per second (TH/s) region last Wednesday and four days later, the network’s hashpower reached an all-time high (ATH) at 48.82 TH/s on September 4. Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS)...
Crypto Economy Loses $102 Billion in 30 Days — BTC, SOL Shed the Most Losses
3.9.2022
A great deal of digital currencies are down in value during the last 30 days and the worst performing crypto out of the top ten coins with the largest market valuations was solana, losing 19.12% against the U.S. dollar. Bitcoin was the second biggest loser in the top ten, as the leading crypto...
Xbox’s Multiple-Account Game Pass Plan Sounds Like A Great Deal
2.9.2022
Following a wave of rumors and leaks, Xbox has finally unveiled some details about its account-sharing plan for Game Pass. Called Game Pass Friends and Family, it’s not available stateside yet. But when (or if) it eventually becomes available outside the two countries Microsoft is testing it in,...
Ethereum Classic Hashrate Taps Another All-Time High, ETH Hashpower Remains Unchanged
1.9.2022
On August 31, 2022, Ethereum Classic’s hashrate reached another all-time high (ATH) this year at block height 15,850,811. Ethereum Classic’s global hashpower surpassed the 40 terahash per second (TH/s) region on Wednesday. Despite the fact that the network’s hashrate has risen...
Crypto.com backs out of $495M sponsorship deal with UEFA Champions League: Report
1.9.2022
The crypto exchange reportedly stepped in as a potential sponsor after the Champions League dropped Russian state-owned energy firm Gazprom
Crypto.com Pulls Plug on $495M Champions League Sponsorship Deal: Report
1.9.2022
The cryptocurrency exchange has backed out of a five-year sponsorship deal worth $495 million with the UEFA Champions League, according to SportsBusiness
Elon Musk Outlines New Reasons to End Twitter Deal Citing Whistleblower
1.9.2022
Tesla CEO Elon Musk has outlined new reasons to terminate the $44 billion deal to buy Twitter in a new filing with the U.S. Securities and Exchange Commission (SEC). Citing a whistleblower report, Musk’s lawyer said the allegations, known to the social media giant but undisclosed to Musk...