Tag: Cryptoslate
Blockchain
Riot offers $950 million to buyout Bitfarms in hostile takeover amid CEO controversy
Riot Platforms has announced a proposal to acquire Bitfarms for approximately $950 million, reflecting a 24% premium to Bitfarms’ one-month volume-weighted average share price as of May 24
Blockchain
FTX’s Ryan Salame to serve 7.5 years in prison
The US DOJ sentenced former FTX executive Ryan Salame to 90 months, or 75 years, in prison on May 28 The New York Times reported that Salame will surrender on Aug 29 His lawyers aim to have Salame
Blockchain
Metaplanet to invest additional ¥250 million in Bitcoin amid staggering stock growth
Japan-based Metaplanet has announced plans to purchase an additional Â¥250 million (approximately $16 million) worth of Bitcoin The move has been approved by the company’s board and continues
Blockchain
First-ever Bitcoin mining derivative product goes live on a regulated US exchange
Luxor Technology and Bitnomial launched the first fully regulated Bitcoin mining derivative product for trading in the US on May 28 The new product — dubbed Bitcoin Hashrate Futures — aims to
Blockchain
Semler Scientific embraces Bitcoin treasury strategy, shares surge 25%
Quick Take Semler Scientific (NASDAQ: SMLR), a leading developer and marketer of technology products and services for combating chronic diseases, has unveiled the purchase of 581 Bitcoins for a total
Blockchain
Ethereum Name Service proposes ENSv2 upgrade to tap into booming layer 2 networks
ENS Labs, a non-profit organization responsible for the Ethereum Name Service (ENS), has proposed an ENSv2 upgrade that would facilitate the protocol’s migration into a layer 2 network,
Blockchain
TRON Network Officially Supported By LayerZero
Geneva, Switzerland, May 28, 2024 – The TRON DAO has officially announced LayerZero support for the TRON blockchain, making TRON the second non-EVM chain to be integrated into LayerZero’s
Blockchain
Halving of BTFS Storage Rewards
Singapore, May 28, 2024 –To sustain the growth and success of the BitTorrent ecosystem, BTFS is set to implement a halving on the next round of rewards for storage miners on the BTFS network From
Blockchain
Dune launches enterprise solution Catalyst to streamline blockchain data integration
Dune, a prominent web3 data analytics platform, has introduced Dune Catalyst, an enterprise solution designed to streamline blockchain data integrations This new offering aims to assist blockchain
Blockchain
Ethereum on track for best month since February with 30% rise in May
Quick Take Data from Coinglass shows that Ethereum has experienced a remarkable surge in May, rising nearly 30% with a few days remaining This marks Ethereum’s best monthly performance since
Blockchain
Riot CEO claims Bitfarms not acting in best interests of shareholders amid acquisition rejection
Riot Platforms announced a proposal to acquire Bitfarms for US$230 per share This acquisition would create the world’s largest publicly listed Bitcoin miner, delivering substantial value to
Blockchain
Global crypto investment YTD inflows reach record $14.9 billion driven by Bitcoin ETFs
The cumulative year-to-date inflows into crypto-related investment products have reached a record high of $149 billion, according to according to CoinShares’ weekly report This record was
