Breaks Categories: News

FridayJan 20, 2023 3:40 pm

CryptoNewsBreaks – Upstream’s Stance to ‘Optimize Compliance, Not Replace It’ Featured in New Article

In a new article, Upstream shines the spotlight on Genesis and Gemini’s SEC charges and the risks of unregulated securities. “Last week, it was reported that through their cryptocurrency loan program, Gemini Earn, Genesis Global Capital LLC, and Gemini Trust Company LLC were charged by the Securities and Exchange Commission ‘SEC’ for soliciting and selling unregistered securities to 340,000 retail investors… It will be eye-opening to see how the two firms and the crypto market as a whole respond to these crackdowns. Much of the industry is still operating in a legal gray area. This news and the overall state…

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ThursdayJan 12, 2023 1:25 pm

CryptoNewsBreaks – IBN to Shine the Spotlight on Web3 and Blockchain at Quantum Miami

IBN (“InvestorBrandNetwork”), an innovative corporate communications firm and content distributor, has announced its collaboration with Quantum Events on the occasion of its flagship Web3 and blockchain conference — Quantum Miami. The event is slated to take place on Jan. 25 - 27, 2023, at the iconic James L. Knight Center in Miami, Florida. Serving as the media sponsor for the event, IBN is deploying its extensive array of corporate communications solutions to heighten the visibility and recognition of the conference by leveraging its stream of exclusive digital channels and full-scale media distribution capabilities. “Quantum Miami offers extensive insight into the…

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WednesdayJan 11, 2023 1:15 pm

CryptoNewsBreaks – Quantum Miami to Showcase New Investment Models, Strategies and Budding Entrepreneurs in Crypto, Blockchain and Web3

Quantum Events, the world’s premier conference production company, today announced that it will host its flagship web3 and blockchain conference, Quantum Miami, in a hybrid format at the James L. Knight Center in Miami, Florida, on Jan. 25 – 27, 2023. For Quantum Miami, the team behind the production of world-renowned events such as The North American Bitcoin Conference 2022 (BTC Miami) and Fantom DC will bring together education, inspiration, community, fun and culture all under one roof. The agenda will feature thought-provoking conversations and critical debates, in a variety of interactive formats including panels, keynotes, demos and activations on…

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MondayJan 09, 2023 12:46 pm

CryptoNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Reports on December 2022 Monthly Production

Bit Digital Inc. (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has released Bitcoin production report along with corporate updates for December 2022. Highlights of the report include news that the company earned 130 Bitcoins, which is a 10% decrease compared to the prior month; the announcement noted that the decline in production was primarily driven by planned curtailment activities at designated locations. Treasury holdings at the end of the month were BTC of 946.6 and ETH of 8,799.9 with a fair market value of approximately $15.7 million and $10.5 million, respectively. The report also noted that “the BTC equivalent of our digital…

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MondayJan 09, 2023 12:35 pm

CryptoNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Issues December 2022 Production Update

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) today announced production figures from its global bitcoin (“BTC”) operations for the month of December 2022 and the calendar year 2022. The company reportedly produced 213.8 bitcoin in December, plus USD $3.15 million of income from its energy price hedging and grid balancing strategy. Additionally, HIVE produced crypto assets with a value of 4,752 bitcoin (based on daily average price of BTC) in 2022, which is an 18% increase from the prior year. “We are very happy to be producing over 213 bitcoin this month, while also earning over USD $3…

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MondayJan 09, 2023 12:11 pm

CryptoNewsBreaks – AmeriCann Inc. (ACAN) Announces Record Fiscal Year-End and Quarterly Results

AmeriCann (OTCQB: ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, today released financial and operational results for its fiscal year and quarter ending September 2022. “Our focus on cost efficiency has produced some of the strongest adjusted operating EBITDA margins in the industry,” said CFO Ben Barton. “We look forward to investing the cash flow we are generating to further expand operations at the Massachusetts Cannabis Center and to produce even better financial results for shareholders.” To view the full press release, visit https://cnw.fm/zpqDk About AmeriCann Inc. AmeriCann is a cannabis company that develops cultivation,…

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ThursdayJan 05, 2023 1:19 pm

CryptoNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Announces December 2022 BTC Production, Mining Operation Updates

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, today released unaudited bitcoin (“BTC”) production and miner installation updates for December 2022. “In 2022, we made significant progress in increasing our hash rate while also transitioning to more sustainable power sources,” said Fred Thiel, Marathon’s chairman and CEO. “Despite challenges earlier in the year, we doubled our hash rate to 7.0 exahashes per second year-over-year, with a majority of it now located at the King Mountain wind farm in West Texas. We finished the year with one of our most productive quarters to date, producing…

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ThursdayJan 05, 2023 10:09 am

CryptoNewsBreaks – Riot Platforms Inc. (NASDAQ: RIOT) Releases December 2022 Production, Operations Report

Riot Platforms (NASDAQ: RIOT), an industry leader in Bitcoin mining and data center hosting, is reporting unaudited production and operations numbers for December 2022. Highlights of the report note that Riot produced 659 BTC during the month, a 55% increase over the 425 BTC produced in December 2021. In addition, as of Dec. 31, 2022, the company held approximately 6,952 BTC, all produced by Riot’s self-mining operations. Riot also saw net proceeds of some $10.2 million through sales of 600 BTC; in addition, as of the month end, the company had deployed fleet of 88,556 miners, with a hash rate…

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TuesdayJan 03, 2023 3:05 pm

CryptoNewsBreaks — Stronghold Digital Mining Inc. (NASDAQ: SDIG) to Extinguish Convertible Notes Through Exchange Agreement

Stronghold Digital Mining (NASDAQ: SDIG), a vertically integrated Bitcoin mining company with an emphasis on environmentally beneficial operations, has entered into an exchange agreement with the holders of the company’s amended and restated 10% notes. According to the announcement, the result is that the approximately $17.9 million of outstanding principal amount of debt and interest will be extinguished in exchange for shares of a new series of convertible preferred stock; the face value of the new shares will total an estimated $23.1 million. The closing, which is subject to customary conditions, will occur as soon as practicable following the satisfaction…

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TuesdayJan 03, 2023 3:00 pm

CryptoNewsBreaks – Riot Platforms Inc. (NASDAQ: RIOT) Announces Rebranding to Reflect Its Corporate Vision

Riot Platforms (NASDAQ: RIOT) (formerly Riot Blockchain Inc.), an industry leader in Bitcoin mining and data center hosting, today announced the rebranding of its corporate name from Riot Blockchain Inc. to Riot Platforms Inc. The move underpins the company’s growth strategy to continue expanding its increasingly diversified business operations and reflects a renewal of its corporate vision to become the world’s leading Bitcoin-driven infrastructure platform. “This is a significant milestone for Riot and comes as a result of our unique strategic position in the market,” said Jason Les, CEO of Riot. “Our successful acquisitions of Whinstone U.S., which developed and…

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