Bitfarms Implements ‘Poison Pill’ Plan Amid Hostile Riot Bid
Bitfarms Ltd., a Bitcoin mining company, is adopting a “poison pill” shareholder rights plan in response to an unsolicited takeover offer from larger rival...
Bitdeer Acquires Desiweminer for $140M in All-Stock Deal
Bitdeer, a prominent Bitcoin (BTC) miner, has announced its acquisition of Desiweminer, a designer of chips for ASIC mining machines, in a significant all-stock...
Binance Restores Mastercard Payments for Crypto
Binance, the world’s largest cryptocurrency exchange, has resumed Mastercard payments for purchasing cryptocurrencies, marking a significant development in the crypto payment landscape. While Mastercard...
Core Scientific Rejects CoreWeave’s $1.02B Offer
Bitcoin miner Core Scientific (NASDAQ:CORZ) has rejected an all-cash buyout offer from Nvidia-backed cloud provider CoreWeave, stating that the offer undervalues the company.
“The board...
Bitcoin Records Winning Streak Since March Amid Rate-Cut Bets
Bitcoin has extended its winning streak to five consecutive sessions, edging closer to the $71,000 mark amidst growing expectations of Federal Reserve interest-rate cuts...
Short-Seller Kerrisdale Targets Riot Crypto Miner’s ‘Flawed’ Model
Kerrisdale Capital Management LLC, known for its short-selling strategies, has set its sights on Riot Blockchain Inc., criticizing its business model as flawed in...
Core Scientific Soars on AI Deal and $1B Buyout Offer
Core Scientific (NASDAQ:CORZ), a Bitcoin mining company, saw its shares surge up to 40% in pre-market trading following a significant AI deal with cloud...
Stradivarius Violin Secures $9M NFT Loan from Galaxy Digital
Digital assets firm Galaxy Digital has granted a multimillion-dollar loan to Yat Siu, the co-founder of Animoca Brands, using a unique collateral combination: a...
Robinhood Limits GameStop Trading After $175M ‘Roaring Kitty’ Bet
Robinhood (NASDAQ:HOOD) imposed buying restrictions on GameStop (NYSE:GME) shares late Sunday after the meme stock’s value surged following speculation that Keith Gill, known as...
NFT Sales Hit Lowest Point Since October
In May, global non-fungible token (NFT) sales witnessed a notable decline, totaling $604 million, marking the lowest monthly performance since October and the first...
