In an all-stock transaction, Hut 8 Mining Corp. of Canada and US Bitcoin Corp. of the United States have declared their intention to merge. Thus, creating a crypto-mining behemoth in North America. Each company’s board of directors has given its stamp of approval to a corporate merger deal. The Board
The Antigua and Barbuda-based holding firm Emergent Fidelity Technologies, owned by Sam Bankman Fried, has filed for Chapter 11 bankruptcy. Documents filed on 3 February reveal that Emergent Fidelity Technologies voluntarily filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware. Former CEO and
SAN FRANCISCO–(BUSINESS WIRE)–Lancelot Labs, an investment infrastructure startup, emerges from stealth, announcing the first and only institutional SAFT tracker to help crypto funds automatically track, claim and put to work through compatible dApps and DeFi, all their vested tokens in a single unified experience. The platform was quietly built in
WonderFi, will provide access to decentralized and regulated centralized crypto platforms and is focused on defining the future of finance. And they revealed that it is in preliminary talks with another Canadian crypto exchange Coinsqure about a prospective merger. An official announcement is to issue in the coming days. Bloomberg
Crypto industry is experiencing a hectic phase with strict regulations are also emerging on the other scale. As the current situation is at its worst, all business giants, financial institutions, and investors have lost hope in the market scope. Due to this bad scenario, Australian crypto exchange, Swyftx and online
DUBLIN–(BUSINESS WIRE)–The “Cryptocurrency Exchange Platform Market Research Report by Platform, Cryptocurrency Type, End-use, Region – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering. The Global Cryptocurrency Exchange Platform Market is projected to grow with a significant CAGR in the forecast period. Economic
Ought to be the hot stuff for the day, the developer of Shiba Inu (SHIB), the epic meme based coin next to the DOGE, put out a tweet about merging together with the World Economic Forum (WEF). The anonymous man behind the SHIB, going by the pseudonym Shytoshi Kusama, posted
According to recent reports, Vauld, a major crypto lender in Asia, has funds locked in the defunct FTX cryptocurrency exchange. Vauld authorities have been trapped with almost no cash as a result of the continuing FTX problem. Despite the exposure being worth an estimated $10 million. Since it lacked its
Lynx has created the SWEAT Note, an industry-first, transparent agreement enabling service providers to provide services in exchange for equity SWEAT Notes align the interests of startups, service providers and investors by incentivizing stakeholders to focus on the long-term value of an early-stage company as it strives toward exit Advisory
NEW YORK–(BUSINESS WIRE)–Majic Wheels Corp. (“Majic Wheels”) (OTC: MJWL), a holding company that operates through its subsidiary companies focused on disruptive industries such as Fintech, Insurtech, software development, and crypto exchange platform, through strategic acquisitions, and OceanTech Acquisitions I Corp. (“OceanTech”) (Nasdaq: OTEC/OTECU/OTECW), a special purpose acquisition company, today announced
