Proton has partnered with third-party on-ramp companies so that users can easily buy Bitcoins using credit cards or bank transfers globally.
The company’s merger is part of the wider trend of cryptocurrency firms gearing towards public offerings.
With the Bitcoin mining landscape becoming increasingly competitive, Riot Platforms’ strategic acquisitions position it as an industry leader.
SRM was originally scheduled to have a maximum supply of nearly 10.1 billion tokens, but the DEX’s collapse ruined the plans.
The cost of transaction fees on the Bitcoin network is primarily determined by two major factors: miners’ revenue and the total number of transactions processed.
In all of this, the strategic timing of Genesis’ plans has come up as noteworthy.
Earlier in June, Northern Data launched AI Accelerator, a project designed to give startups access to its Generative AI technology and expert team.
At the moment, Unicoin is conducting a large-scale advertising campaign to increase brand awareness and attract potential investors.
Blocktrade has announced that it has been acquired by a group of “seasoned fintech investors from Estonia”, adding that it aims to grow exponentially with the help of the new investors.
This private equity sale by Revolut will help the company generate liquidity for early investors and employees.
The first quarter of 2024 proved to be a strong period for crypto fundraising, with a total of $2.4 billion secured across 518 deals, marking a 40.3% increase from the previous quarter.
In its takeover bid, Riot proposed that it would help Bitfarms’ shareholders to capitalize on the potential for future value creation.
The acquisition of Standard Custody by Ripple follows the approval of necessary regulatory requirements, thus solidifying Metaco’s purchase last year.
The new Bitfarms Poison Pill hopes to keep Riot at bay for a while, protecting itself from a forced takeover from the rival.
The partnership is set to provide a stable, recurring, and high-margin revenue stream for Core Scientific, complementing its current business model.