$14 Million Prop-mining Partnership Completes Flagship 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, announced today a $14 million investment partnership with Navitas Global (“Navitas”) for
VICTORIA, Seychelles–(BUSINESS WIRE)–KuCoin Pool, a leading global cryptocurrency mining platform, has announced the launch of Litecoin (LTC) and Dogecoin (DOGE) joint mining pool services. The joint mining service for LTC and DOGE is designed to offer a more efficient and profitable mining experience for users. By leveraging the merged mining
Messari, a market intelligence organization, has released research indicating that the use of the Tron blockchain increased in Q1 of 2023. The total value of its native cryptocurrency, TRX, increased by over 20% quarter over quarter. In spite of the SEC’s announcement of many lawsuits targeting Tron ecosystem coins, the
The Securities and Exchange Commission (SEC) recently made headlines when it urged a New Hampshire court to reduce the fines levied on LBRY, the decentralized content platform best known for its video-sharing platform Odysee. The New Hampshire District Court ruled in November 2022 that LBRY owed the SEC $22 million
Over one million unique Bitcoin wallet addresses now contain one Bitcoin or more. According to information gathered by Glassnode, the millionth was attained on May 13. 1 Million Wholecoiner Addresses#Bitcoin pic.twitter.com/4ywupjEfOu — Rafael Schultze-Kraft (@n3ocortex) May 12, 2023 There was a significant increase in the number of wallet addresses holding
OpenAI’s ChatGPT, an artificial intelligence (AI) platform, entered the market in November 2022 and immediately caused widespread upheaval. OpenAI’s CEO, Sam Altman, is trying to disrupt the cryptocurrency sector now that large IT giants are making attempts to adapt to this technology. As per reports, Sam Altman is actively seeking
After a quiet 2022, memecoins gained immense popularity due to the launch of the frog-themed meme token Pepe Coin. Also, the “memecoins fiesta” seems to have no end. Since the peak of the meme coin market in 2021, these tokens have actually experienced explosive returns. Firstly, Dogecoin (DOGE) and Shiba
A cryptocurrency-based payment system, PassimPay provides businesses with a secure and efficient means of processing transactions. Business transactions are simplified and streamlined with this innovative system, which provides an affordable, reliable, and fast approach to business operations. Payment systems based on cryptocurrency are extremely important for businesses. There are several
On May 15, a big update will be implemented for Bitcoin Cash, a spin-off of the Bitcoin network. According to Wu Blockchain, the key feature of the update is the addition of a token issuance mechanism similar to ERC20 called CashTokens. Smart contracts comparable to Ethereum but far more efficient
To recoup “more than $26 million” in claimed unpaid mining facility fees, Riot Platforms (previously Riot Blockchain), a cryptocurrency mining platform, has filed a lawsuit against Texas-based Bitcoin miner Rhodium Enterprises. Rhodium reportedly broke its contract with Riot by not paying hosting and service costs related to utilizing Whinstone’s Bitcoin
