Business

Crypto Miner Hut 8 Buys 12,000 New MicroBT Miners for $58.7M

Hut 8 expects the purchase will push its contracted corporate capacity to around 3.57 EH/s.

Business  ·  21 October 2021

FTX Raises $420,690,000

BlackRock, Tiger Global and 67 others invested in the crypto exchange at a $25 billion valuation.

Business  ·  21 October 2021

Asset Manager Pimco to Extend Crypto Involvement: Report

Investment management behemoth Pimco has dabbled in cryptocurrencies with plans to invest further.

Business  ·  21 October 2021

Crypto Custodian Copper Eyes $2.5B Valuation in $500M Funding Round Talks: Report

Copper is in talks over a mammoth $500 million funding round that would give the crypto custody firm a $2.5 billion valuation.

Business  ·  21 October 2021

Hive Leads Crypto Mining Stocks Higher as Bitcoin Hits All-Time-High

Shares of crypto miners continue to rally as bitcoin moves further into record territory.

Business  ·  20 October 2021

Crypto Miner Stronghold Digital Soars in Trading Debut

The environmentally-friendly firm that's using coal waste for energy opened 42% higher than its $19 IPO price.

Business  ·  20 October 2021

Hindenburg Research Offers $1M Reward to Uncover Tether’s Backing

Short-selling research firm Hindenburg Research is to offering a bounty of up to $1 million for information that can uncover details about stablecoin Tether's backing.

Business  ·  20 October 2021

VanEck to Join ProShares in Launching a Bitcoin Futures ETF

The two funds would be the first bitcoin-linked ETFs to begin trading in the U.S., opening the door for a much broader base of investors.

Business  ·  20 October 2021

DCG, Facing Competition From Bitcoin ETFs, Plans to Buy More Grayscale Bitcoin Trust

The crypto conglomerate says it may buy up to a billion dollars of subsidiary Grayscale’s flagship product.

Business  ·  20 October 2021

Purpose Investments Files to List 3 More Crypto ETFs in Canada

The Canadian asset manager has filed to list three further cryptocurrency exchange-traded funds with the Canadian securities regulators.

Business  ·  20 October 2021

Cboe Acquires ErisX in Return to Crypto Derivatives Market

Cboe has agreed to buy crypto spot and derivatives marketplace ErisX for an undisclosed amount.

Business  ·  20 October 2021