Marathon Digital to Raise $500M in Convertible Notes

The bitcoin miner will use the proceeds to buy bitcoin and bitcoin miners.

Business  ·  15 November 2021

For Universal’s NFT Band, Music Is Second to Brand Identity

Kingship is a little like Gorillaz, but without the musicians.

Business  ·  12 November 2021

Big Money Apes Into Blockchain Gaming With $725M Raise for Forte

A16z, Cosmos, Polygon Studios and Solana Ventures are among those that participated in the funding, which will be used to expand the gaming platform’s products and services.

Business  ·  12 November 2021

Indian Crypto Exchange WazirX Says Userbase Has Grown Tenfold in 2021

Binance-owned Indian crypto exchange WazirX has grown its users 10-fold to 10 million thus far in 2021.

Business  ·  12 November 2021

Bakkt Shares Fall After Crypto Firm Posts Third-Quarter Loss

The digital asset shop said it had a loss in the third quarter, though revenues grew compared to last year.

Business  ·  12 November 2021

Chinese Crypto Miner The9 Expands in US With Compute North Deal

The miner has signed a deal for 32MW of mining capacity as more China-based firms move out of the country.

Business  ·  12 November 2021

BlackRock iShares Exec Says Firm Has ‘No Current Plans’ to Launch Crypto ETFs: Report

BlackRock global head of iShares and index investments, Salim Ramji, said in an interview the $9.5 trillion firm has “no current plans” to launch cryptocurrency exchange traded funds (ETFs).

Business  ·  12 November 2021

AMC Theatres to Accept Bitcoin, Ether for Online Payments

AMC Theatres, the largest movie theater chain in the U.S., will now accept bitcoin, ether and other cryptocurrencies for online payments, CEO Adam Aron said.

Business  ·  12 November 2021

Miami to Give ‘Bitcoin Yield’ From MiamiCoin to Its Citizens

The city’s mayor, Francis Suarez, announced the news on CoinDesk TV on Thursday.

Business  ·  11 November 2021

Hut 8′s Revenue Rose Over 700% in Q3, Beating Analyst Estimates

The Canadian crypto miner beat third quarter revenue and earnings estimates and held about $342 million in bitcoin.

Business  ·  11 November 2021

Electronics Retailer MediaMarkt Hit by Ransomware Demand for $50M Bitcoin Payment: Report

Electronics retailer MediaMarkt has reportedly been hit by a Hive ransomware attack with demands to pay $50 million in bitcoin.

Business  ·  10 November 2021

Tether’s USDT to Launch on Avalanche

Tether Operations Limited said that the launch of tether tokens (USDt) on Avalanche would “support the long-term growth and sustainability of the Avalanche network.”

Business  ·  10 November 2021