The 100% sustainable data center infrastructure business Arkon Energy has announced the successful closing of a US $28 million fundraising. The Australian business has also completed acquiring Hydrokraft AS, one of Norway’s top data centers using renewable energy. The acquisition of Hydrokraft is a component of a bold strategy to build
In the last 24 hours, Uniswap has seen more trading volume in Ethereum than any other exchange, second only to Binance. As a result of the unexpected and catastrophic collapse of FTX, traders are moving in droves to DEXs. Recently, Uniswap surpassed all others as the second-biggest market for Ethereum
In an interview, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), discussed cryptocurrency regulation and the demise of cryptocurrency exchange FTX. The chairman explained that investors suffer when cryptocurrency exchanges “mix up a bunch of customer money” without disclosure and “leverage borrowing against it,” without saying
Unfortunately, DeFi space is considered to be unsafe. According to statistics, hackers have made a lot of attacks, they have stolen almost $3 billion of funds during the current year, and more than 90% of these attacks fall on the DeFi sector. The DeFi Security Alliance community is launching a
ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–The launch of MEA & Asia Crypto & Blockchain Association (MEAACBA) in Abu Dhabi is being seen as a pivotal step forward in the development of accessible, transparent, and compliant crypto-blockchain ecosystems. MEAACBA is a non profit organisation which has cross-industry representation with a focus
LAS VEGAS–(BUSINESS WIRE)–$AP #AultCompany—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”) announced today that it and certain of its subsidiaries have borrowed $18.9 million of principal amount of term loans (the “Loans”) from a group of institutional investors (the “Financing”). The Loans mature in
It was revealed on Monday, along with a published copy of the judgement that the Securities and Exchange Commission (SEC) had prevailed in its action against LBRY, Inc., the business behind the LBRY protocol. LBRY tweeted: “We lost. Sorry everyone. We’re going to lick our wounds for a little bit
Investors in Trade Coin Club were promised “minimum returns of 0.35% daily.” Tetreault has settled the SEC’s claims against him, the statement said. The U.S. Securities and Exchange Commission (SEC) announced charges against four individuals for their alleged roles in a “fraudulent crypto Ponzi scheme” that defrauded investors out of
Texture, a DeFi yield platform, is now live in private beta testing after raising $5 million in a round-headed by P2P Capital and Sino Global. Wintermute, Semantic Ventures, and Jane Street Capital also participated in this round of funding. The stablecoin USDC was used to raise the money, and the valuation was not made public.
Upon its third anniversary of proactive engagement with the SEC, the Web3 Foundation today announces a landmark step towards the achievement of Web 3.0, a decentralized, trustless, serverless internet. The Polkadot blockchain’s native token (DOT), initially offered, sold and delivered to purchasers as a security, has morphed and no longer
