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Search Results for: luna

Binance Burns 2.21B Terra Luna Classic (LUNC) in 19th Burn Batch

In the 19th batch of the LUNC burn mechanism, crypto exchange Binance, burnt 2.21 billion Terra Luna Classic (LUNC) tokens. This brings the total number of tokens burnt by the Terra Luna Classic community to over 102 billion, while the net burn by the crypto exchange reaches over 53 billion.

March 2, 2024 1 min read

Binance Burns 2.1B Terra Luna Classic (LUNC) Tokens in 18th Batch

In the 18th batch of the LUNC burn mechanism, crypto exchange Binance, burnt 2.1 billion Terra Luna Classic (LUNC) tokens. With almost 50 billion LUNC burnt so far, the crypto exchange accounts for 52.4% of all tokens burned by the Terra Luna Classic community. The Terra Luna Classic community has

February 4, 2024 1 min read

Terra Luna Classic (LUNC) Burn Hits 95 Billion Threshold

Since May 2022, the LUNC burn campaign within the Terra Luna Classic community has surpassed 95 billion LUNC. The community’s efforts to decrease the amount of LUNC circulating have reached another milestone. By far, Binance has contributed more than 51.7% of the total burn, or about 50 billion LUNC. By

January 28, 2024 1 min read

Soluna Announces Monthly Business Update

Company Reduces Convertible Debt by Over $4 Million Plans Capital Raise for New AI Venture ALBANY, N.Y.–(BUSINESS WIRE)–$SLNH #SLNH–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced its January project site-level operations, developments, and updates.

January 24, 2024 7 mins read

Soluna Secures 8.8 MW Hosting Deal with Leading Bitcoin Miner

1-Year Term Keeps Sophie at its 25 MW Hosting Capacity ALBANY, N.Y.–(BUSINESS WIRE)–$SLNH #SLNH–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today an 8.8 MW hosting

January 22, 2024 2 mins read

Soluna’s Project Dorothy Outperforms Traditional Centers with an 18% Lower Carbon Footprint

ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced the findings of an independent study by REsurety which concluded that Soluna’s Project Dorothy data center

January 3, 2024 4 mins read

Soluna Reveals Exciting December Progress: Significant Business Achievements and Project Developments

Dorothy and Sophie See Revenue Boost from Hashprice Spike ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced its December project site level operations as

December 21, 2023 6 mins read

Atlendis Labs and Cicada Partners Open First Private Asset-Backed Line of Credit to Fluna

PARIS & BOSTON–(BUSINESS WIRE)–#ABL—Atlendis Labs and Cicada Partners announced the launch of Asset-Backed Lines of Credit (ABLOC) to Fluna, a U.S.-based Trade Finance-focused Fintech. This milestone marks the official launch of the Private Asset-Backed Strategy following the strategic partnership announcement in November. Continued Collaboration With Fluna Under Innovative Financing Structure

December 12, 2023 4 mins read

Terra Luna Classic (LUNC) Reaches 85 Billion LUNC Burn Milestone

From May 18, 2022, till the present, the Terra Luna Classic community has burned 85 billion LUNC. The community’s efforts to decrease the amount of LUNC circulating have reached another milestone. Almost 43.6 billion LUNC, or more than 51% of the total LUNC burnt thus far, have come from Binance.

December 9, 2023 2 mins read

Soluna JumpStarts Ancillary Services Revenue

Offers November Update on Company and Project Sites ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today it has completed its registration for Ancillary

November 29, 2023 6 mins read