Riot Platforms proposes $950M buyout for Bitfarms amid CEO dispute

The hostile offer comes after a private offer to the board was rejected in April.

Riot Platforms proposes $950M buyout for Bitfarms amid CEO dispute

Bitcoin miner Riot Platforms has announced an offer to buy Bitfarms at a significant premium over its share price. Riot made an offer to its smaller Canadian competitor’s board on April 22...

3 months ago

Cathie Wood’s ARK Invest pours $60M into Elon Musk's AI venture

Cathie Wood’s ARK Invest has committed $60 million to Elon Musk’s xAI startup, demonstrating the firm's confidence in its potential amid a surge in AI investments.

Cathie Wood’s ARK Invest pours $60M into Elon Musk's AI venture

ARK Invest, the investment management firm founded and led by veteran investor Cathie Wood, announced the acquisition of a stake in Elon Musk’s artificial intelligence (AI) startup. ...

3 months ago

BlackRock adds own Bitcoin ETF to income and bond funds

One of the funds was BlackRock’s Strategic Income Opportunities Fund worth over $37.4 billion.

BlackRock adds own Bitcoin ETF to income and bond funds

BlackRock’s income and bond-focused funds have bought shares of the asset manager’s own spot Bitcoin $67,823  exchange-traded fund (ETF) in the first quarter, reg...

3 months ago

Ledger finally ships Stax hardware wallet after months of delays

Ledger chief experience officer Ian Rogers said that the extra time allowed them to ensure that the operating system is “refined with more features.”

Ledger finally ships Stax hardware wallet after months of delays

Ledger has begun shipping its new Ledger Stax hardware wallet to customers who pre-ordered it over a year ago, following a significant delay since its original release date. On Dec. 6,...

3 months ago

Nomura Holdings, GMO Group form stablecoin research partnership in Japan

Nomura Holdings and the GMO Internet Group are exploring ways to bring new stablecoin offerings to the Japanese market.

Nomura Holdings, GMO Group form stablecoin research partnership in Japan

Nomura Holdings, a financial services company active in 30 countries, and the GMO Internet Group have formed a partnership focused on issuing Japanese yen and United States dollar stablecoins in...

3 months ago

Hong Kong crypto exchange folds to regulatory pressure

Gate.HK plans a major overhaul to comply with regulations and aims to relaunch services after obtaining the necessary licenses.

Hong Kong crypto exchange folds to regulatory pressure

Hong Kong-based cryptocurrency exchange Gate.HK has closed down after failing to meet the local licensing requirements that will be enforced starting June 1. The Securities and Futures...

3 months ago

Bitcoiner raises the orange flag on Mount Everest

After weeks of climbing and acclimating to the altitude, Dadvan Yousuf removed the Bitcoin flag from his bag to show it off at the top of the world.

Bitcoiner raises the orange flag on Mount Everest

A 23-year-old crypto user has presented an orange flag with the Bitcoin logo for observers to see at an elevation of 8,849 meters — the summit of Mount Everest. In a May 23 ...

3 months ago

Coinbase reopens XRP trading in New York

Paul Grewal, Coinbase’s chief legal officer, announced that New York users of the exchange can once again trade XRP.

Coinbase reopens XRP trading in New York

On May 23, Coinbase’s chief legal officer, Paul Grewal, announced that customers in the state of New York could once again trade XRP on the crypto exchange after a nine-month hiatus. ...

3 months ago

VanEck drops new Ethereum ETF ad within an hour of SEC approval

VanEck launched a new ad centered around Ethereum, just 30 minutes after the SEC greenlit 19b-4 proposals for spot Ether ETFs.

VanEck drops new Ethereum ETF ad within an hour of SEC approval

Asset manager VanEck was quick to celebrate its newly-approved spot Ether exchange-traded fund (ETF) with an arty 37-second advertisement coaxing viewers to “Enter the ether.”

3 months ago

Ethereum ETFs launch next month ‘certainly possible' — Analyst

The launch date will largely depend on how quickly approved applicants amend their S-1 registration statements and how many rounds of feedback they receive from the SEC.

Ethereum ETFs launch next month ‘certainly possible' — Analyst

The newly-approved spot Ether (ETH) exchange-traded funds could launch as early as mid-June — if the United States securities regulator follows a similar timeline to its spot Bit...

3 months ago

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