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Jihan Wu-Backed Crypto Miner Bitdeer Acquires ‘Singapore’s Fort Knox’ for $28.4 Million

Jihan Wu-Backed Crypto Miner Bitdeer Acquires ‘Singapore’s Fort Knox’ for .4 MillionSources have disclosed that the digital currency mining operation, Bitdeer Technologies, has purchased a high-security storage and display facility in Singapore called Le Freeport for $28.4 million. Bitdeer’s chairman, Jihan Wu, confirmed the vault acquisition via a text message following the reports that revealed the mining firm purchased Le Freeport. Bitdeer Purchases Maximum Security Vault […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

World’s Largest Crypto ATM Company Bitcoin Depot to Go Public via SPAC Deal

World’s Largest Crypto ATM Company Bitcoin Depot to Go Public via SPAC DealThe largest cryptocurrency automated teller machine (ATM) operator, Bitcoin Depot, has revealed it has plans to go public via a special purpose acquisition company (SPAC) deal. The $885 million acquisition deal with GSR II Meteora (GSRM) will make Bitcoin Depot a publicly-traded company listed on Nasdaq. Bitcoin Depot Reveals SPAC Deal With GSRM, Post-Transaction BTM […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Israeli Crypto Company Etoro Lays Off 100 Workers, SPAC Deal Terminated, Company Eyes Private Raise

Israeli Crypto Company Etoro Lays Off 100 Workers, SPAC Deal Terminated, Company Eyes Private RaiseThe digital currency firm Etoro has revealed it is laying off 100 workers or roughly 6% of the company’s workforce. Furthermore, Etoro disclosed that the company is terminating the special purpose acquisition company (SPAC) merger planned with Fintech Acquisition Corp. Etoro says the company plans to raise funds privately now and aims to raise $800 […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals

Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC DealsThe bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock will merge with a blank-check firm 10X Capital Venture Acquisition Corp. II, and the company’s shares will be listed on Nasdaq. Primeblock Reveals SPAC Merger With Plans to Be Listed on Nasdaq in the Second […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Binance Invests $200 Million Into the Business Magazine and Digital Publisher Forbes

Binance Invests 0 Million Into the Business Magazine and Digital Publisher ForbesReports indicate that the world’s largest cryptocurrency exchange by trade volume, Binance, has announced the crypto company has committed to investing $200 million into the American business magazine Forbes. The digital currency company Binance confirmed the $200 million stake into Forbes on the social media platform Twitter. Binance Pledges $200 Million to Forbes Binance has […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Actress Gwyneth Paltrow Invests in Bitcoin Mining Operation Terawulf

Actress Gwyneth Paltrow Invests in Bitcoin Mining Operation TerawulfThe American actress and businesswoman Gwyneth Paltrow has participated in an investment round involving the bitcoin mining operation Terawulf. According to reports, Paltrow and a group of investors made a “substantial, 8-digit equity investment” in the company. Paltrow is well known for her involvement with cryptocurrencies and joined the crypto firm Abra in 2017 as […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal

Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC DealAfter the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose acquisition company (SPAC) deal. Griid will be listed on the New York Stock Exchange (NYSE) after merging with the company Adit Edtech. Griid to Go […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Circle to Go Public via Bob Diamond-Backed SPAC Deal — Boston Firm Valued at $4.5 Billion

Circle to Go Public via Bob Diamond-Backed SPAC Deal — Boston Firm Valued at .5 BillionThe Boston-based crypto financial company Circle has announced the firm plans to go public this year in a merger with Concord Acquisition Corp. Circle revealed the news on Thursday and noted that the company expects to close the deal in Q4 with a valuation of $4.5 billion. Circle Announces SPAC Deal With Plans to Go […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support