Business

Bitcoin Mining

Argo Blockchain First-Half Revenue Surges on Bitcoin Production, Price

The company also canceled an $8 million order for mining machines from ePIC Blockchain Technologies.

Business  ·  9 August 2021
Binance

Binance.US CEO Brian Brooks Quits, Cites ‘Strategic Differences’

Brooks confirmed in an email that his Twitter account was not hacked.

Business  ·  6 August 2021
Ethereum

Binance Smart Chain Beats Ethereum by Some Metrics Thanks to Latest ‘GameFi’ Craze

Players battle for gaming rewards, while blockchains battle for players

Business  ·  6 August 2021
Ethereum

Philipp Plein Becomes First Major Fashion Brand to Accept Crypto Payments

The retailer will accept 15 cryptocurrencies for both online and in-store purchases.

Business  ·  5 August 2021
Ether

Furniture Retailer Ethan Allen, Tired of Its Search Traffic Going Into the Ether, Changes Stock Ticker

Ethan Allen’s stock prices soared earlier this year as traders confused its ticker for the symbol for ether.

Business  ·  5 August 2021
Coinbase

Coinbase Is Expanding Its Payment and Cash Out Methods

The crypto exchange is adding support for more payment and cash out methods in the U.S. as well as allowing users with linked bank accounts to instantly sell as much as $100,000 per transaction. In a blog post published Thursday, Coinbase announced new integrations with Apple Pay and Google Pay, previously only available when synced […]

Business  ·  5 August 2021
CoinShares

CoinShares Earnings Surge in First Half

Comprehensive income, a profit measure that includes the change in the value of digital assets, climbed more than fivefold.

Business  ·  5 August 2021
Acquisitions

Coinbase Agrees to Buy Zabo, the ‘Plaid of Crypto,’ for Undisclosed Sum

The crypto account aggregator emphasized that this is a proper acquisition, not an acqui-hire.

Business  ·  5 August 2021
Kazakhstan

Chinese Miner The9 Signs JV Agreement With Kazakhstan Firm KazDigital

The two firms will launch a new mining site in Kazakhstan that will be used to deploy The9's mining machines and potentially other third-parties' machines.

Business  ·  4 August 2021
Ether

Ethereum and DeFi, Not Bitcoin, Boosting Genesis Lending

Despite a bearish market, Genesis’ Q2 was the firm’s largest quarter to date.

Business  ·  4 August 2021
Fundraising

Gaming Community Pledges $203M in Ember Sword’s Virtual NFT Land Sale

Nearly 35,000 people submitted applications to purchase 6,000 virtual plots.

Business  ·  4 August 2021
Bitcoin Mining

Hive Purchases 4,000 Bitcoin Mining Machines From Canaan

The order will be completed in two tranches by the end of September.

Business  ·  3 August 2021
Voyager Digital

Voyager Digital to Acquire Crypto Payment Company Coinify in $84M Deal

Under the deal, Coinify investors will be issued 5.1 million Voyager shares and $15 million in cash.

Business  ·  2 August 2021
Bitmain

Marathon Digital to Buy $121M of Mining Machines From Bitmain

The contract is for 30,000 Antminer S19J Pro machines, the company said in a statement.

Business  ·  2 August 2021
Bitcoin

MicroStrategy CEO Likens Borrowing to Buy Bitcoin to Investing Early in Facebook

Michael Saylor defended his company’s debt-fueled, bitcoin buying spree over the last year by saying it continued to be a great investment.

Business  ·  30 July 2021