Riot Platforms Bitcoin holdings cross 10K BTC, production drops
Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs.
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Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs.
Riot Platforms announced the production of 322 Bitcoin (BTC) in August 2024 and surpassed 10,000 Bitcoin held, detailing significant operational updates. (Read More)
Project Pax, backed by Japans top banks, seeks to streamline cross-border transactions using stablecoins, addressing inefficiencies identified by the G20.
Bitfarms responds to Riot's claims, emphasizing its commitment to shareholder value and strategic acquisitions. (Read More)
Travala is the first crypto-native travel platform to receive a Skyscanner integration, which allows it to access the platforms 110 million monthly users.
According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle.
Riot Platforms calls for Bitfarms shareholders to vote for new board members to improve governance ahead of a crucial special meeting. (Read More)
Riot Platforms called the recent board changes at Bitfarms a step in the right direction, but stressed that more change is needed.
Canaan Inc. (NASDAQ: CAN) will participate in Benchmark's 11th Annual TMT One-on-One Conference in New York City on September 4, 2024. (Read More)
On-chain data shows that a crypto wallet linked to the bankrupt Terraform Labs moved 1,075 BTC, valued at approximately $62.81 million, to a new address (bc1q5) on Sept. 2. While the firm has yet to comment publicly on the transfer, market analysts note that it aligns with Terraform Labs’ plan to wind down operations following […]
The post Terraform Labs moves $62.81M in BTC amid final wind-down steps appeared first on CryptoSlate.
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Awaiting extradition to either the US or South Korea, Do Kwon could have had access to the Terraform Labs wallet containing more than 1,075 BTC.
Riot Platforms has intensified its efforts to acquire rival Bitcoin miner Bitfarms by issuing an open letter to the firm’s shareholders on Sept. 3. In the letter, Riot announced that it had lowered its request for board seats at Bitfarms to two independent directors following recent removals while also criticizing several of the company’s recent decisions. […]
The post Riot Platforms targets remaining 2 Bitfarms board members’ replacement appeared first on CryptoSlate.
Riot Platforms urges further changes to Bitfarms board, proposing two independent directors ahead of a special meeting in October.
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Crypto platforms in Canada are having trouble preparing for new stablecoin regulations. Take your time, the Canadian Securities Administrators said.
Bitfarms and Riot Platforms settle months of corporate disputes with board review, while BlackRock moves for changes to Bitcoin ETF withdrawals.
Binance founder and former CEO Changpeng CZ Zhao is the wealthiest person to serve jail time in the US, with current net worth estimated more than $60 billion.
Get it before Oct. 30, Terraform Labs tells the third parties it is discussion its wind-down with.
Solana uses a monolithic structure that allows the network to capitalize on the speed and efficiency absent from modular blockchains.
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