NBA Goes Crypto: LA Clippers Partner With Coinbase In Major Deal

Cryptocurrency exchange Coinbase has revealed that it has struck a sponsorship agreement with a basketball team starting this National Basketball Association (NBA) season. Related Reading: Coinbase CEO Brian Armstrong Finds Ally In Cardano’s Hoskinson For Crypto Czar Bid The deal only shows that the intricate worlds of cryptocurrency and professional sports are becoming more intertwined […] дальше »

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Canaan rises 4% after securing Bitcoin mining partnership with Luna Squares Texas

Crypto firm Canaan teamed up with a West Texas Bitcoin mining firm to boost its operations in Texas, expanding its North American footprint. Bitcoin (BTC) mining Canaan has entered into a joint mining agreement with Luna Squares Texas, a Texas… дальше »

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Paxos to acquire Membrane Finance to expand into EU market

Paxos, a prominent stablecoin issuer, has reached an agreement to acquire Membrane Finance, a Finland-based electronic money institution, in a strategic move to gain access to the European Union. This acquisition comes about five months after the EU’s stablecoin regulations, part of the broader Markets in Crypto Asset (MiCA) framework, were implemented. Crypto firms are […] дальше »

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OSL Group makes strategic entry into Japan with CoinBest acquisition

OSL Group Limited announced that its Japanese subsidiary, OSL Investment (Japan) Limited, has signed a share purchase agreement to acquire an 81. 38% stake in local crypto exchange CoinBest K. K. , according to a Nov. дальше »

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Hong Kong’s OSL Group acquires Japanese crypto exchange CoinBest

OSL Group has signed an agreement to acquire over 80% of Japan’s FSA-licensed crypto exchange CoinBest, marking its entry into the Japanese crypto market. Hong Kong‘s licensed crypto operator OSL Group has announced plans to acquire an 81.38% stake in… дальше »

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FTX reaches $228 million settlement with Bybit amid bankruptcy efforts

FTX has reached a $228 million settlement with crypto exchange Bybit and its affiliates, concluding a lawsuit filed in Nov. 2023 that sought to recover approximately $1 billion in assets. The agreement allows FTX to withdraw $175 million in digital assets held on Bybit’s platform and sell about $53 million in BIT tokens to Mirana […] The post FTX reaches $228 million settlement with Bybit amid bankruptcy efforts appeared first on CryptoSlate. дальше »

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Core Scientific’s AI deal fuels $8.7 billion revenue forecast, shares rise

Bitcoin miner Core Scientific expects to generate roughly $8. 7 billion in revenue over the next 12 years, following an expansion of its hosting agreement with CoreWeave, according to an Oct. 22 statement. дальше »

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Core Scientific to host more CoreWeave infrastructure, targets $8.7B revenue

CoreWeave has exercised its final option agreement with Core Scientific, adding 120 MW of critical IT infrastructure to power Nvidia GPU operations.  дальше »

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Io.net and Phala Network partner to improve decentralized AI

As part of a new agreement, Phala Network will enhance its AI capabilities using io.net’s GPU cloud infrastructure, making advanced computation more accessible. GPU cloud network io.net (IO) has partnered with Phala Network to improve secure computation and decentralized AI… дальше »

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Analysts predict Bitfarms stock doubling after Riot settlement

H.C. Wainwright analysts believe Bitfarms’ stock is set for growth following a settlement with Riot Platforms that ends a six-month-long hostile takeover attempt. Earlier on Sept. 23, Bitfarms and Riot Platforms reached an agreement to end Riot’s bid to take… дальше »

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Bitfarms and Riot reach settlement, reveal board changes

Bitfarms has reached a settlement agreement with Riot Platforms ahead of the company’s special shareholder meeting in November. The Canada-based Bitcoin (BTC) mining firm revealed the settlement with its rival in an announcement on Sept. 23. Under the terms of… дальше »

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Riot Platforms and Bitfarms reach settlement agreement to end acquisition bid

The settlement averts a hostile takeover, stabilizing Bitfarms' governance and allowing Riot Platforms to reassess its investment strategy. The post Riot Platforms and Bitfarms reach settlement agreement to end acquisition bid appeared first on Crypto Briefing. дальше »

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Analysts reiterate ‘buy’ rating as Hut 8 inks $125m deal

On Sept. 19, Hut 8 announced a major hosting agreement with Bitmain, aiming to generate $125 million annually. H.C. Wainwright analysts view this move positively as management shifts to offense and carries out a major deal. Under the deal, Hut… дальше »

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New NFT attack: Why the SEC issued a $750k fine and what does a restaurant have to do with it

American restaurant Flyfish Club has signed a settlement agreement with the U. S. SEC regarding an “unregistered offering of crypto asset securities. ” Flyfish Club will pay a fine of $750,000. дальше »

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MicroStrategy adds 18,300 Bitcoin, now holds $14.14B worth of BTC

MicroStrategy’s $1.11 billion Bitcoin purchase was funded by selling over 8 million company shares through a sales agreement.

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EToro Settles With the SEC: Industry Lawyers React

Under the agreement, the platform can list only BTC, BCH and ETH in the U.S. Is that a hint of which digital assets the SEC thinks are not securities? дальше »

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UAE regulators to allow Dubai-licensed VASPs to service entire country

The agreement between UAE regulators covers the mutual supervision of crypto providers, penalty imposition, information exchange and employee training.  дальше »

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Seoul Women’s University taps Theta EdgeCloud to power AI research with DePIN

Theta Labs has signed a multi-year agreement with Seoul Women’s University to provide its AI research lab access to Theta EdgeCloud’s decentralized GPU computing power. As stated in a press release shared with crypto.news, the partnership will allow the AI… дальше »

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Bitfarms stock earns analyst praise after ‘transformational’ deal

H.C. Wainwright analyst Mike Colonesse described Bitfarms’ agreement to acquire Stronghold Digital Mining as “a transformational acquisition.” The analyst commented on the Bitcoin (BTC) miner’s potential to benefit from the Stronghold acquisition in a note shared with crypto.news on Aug.… дальше »

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Ryan Salame seeks to void guilty plea, says fed didn’t keep promise

The government has reneged on its agreement to stop investigating his partner, claims former FTX executive Ryan Salame.   

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Bitcoin miner Bitfarms to acquire rival Stronghold Digital

Cryptocurrency mining giant Bitfarms has entered a definitive merger agreement to acquire Stronghold in a stock-for-stock merger transaction. Canadian crypto miner Bitfarms is set to acquire its U. S. дальше »

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Bitcoin Bull Mike Novogratz Offers Rare Agreement With Elon Musk

Mike Novogratz backs Elon Musk's inflation warning, signaling Bitcoin's role as safe haven дальше »

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Binance reaches $1.7M agreement with Brazilian securities regulator

Brazil’s CVM issued a warning to the crypto exchange in 2020 that it was offering residents derivatives products without authorization. дальше »

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Tether Strikes Back At Celsius, Calls $2.4B Lawsuit A ‘Shakedown’ And Vows To Fight Claims In Court

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Algoz taps Zodia Custody to trade collateral without direct asset control

Standard Chartered-backed crypto custodian Zodia Custody has collaborated with trading firm Algoz to mitigate counterparty risks that caused market turbulence in 2022. Zodia Custody, a crypto custodian backed by Standard Chartered, has announced a partnership agreement with Algoz, a quantitative… дальше »

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ETP issuer Valour eyes African market with Bitcoin, Ethereum products

Valour plans to bring its crypto exchange-traded products to more investors in Africa, in response to a major agreement with the Nairobi Securities Exchange. Initial support will be for crypto ETPs for Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Hedera… дальше »

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Carrieverse and Disney Ink Content Deal

Carrieverse and Disney Korean sign a content licensing agreement, bringing Disney's beloved characters to the Carrieverse metaverse. The post Carrieverse and Disney Ink Content Deal appeared first on NFT News Today. дальше »

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Gaming Platform XP.GG Debuts with Shrapnel

Perion Labs has inked a strategic agreement with Shrapnel to power new energy in the gaming world with its gaming platform, XP. GG. Developed by an experienced team that has worked on blockbuster games like Halo and Call of Duty, XP. дальше »

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Marathon Digital fined $138M for non-circumvention agreement breach

Marathon Digital has been fined $138M for breaching a non-disclosure, non-circumvention agreement with former executive Michael Ho. дальше »

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Serum price tumbles as Jump Trading takes FTX Estate to court over SRM token loan

The price of Serum (SRM) has plummeted nearly 8% amidst a brewing court battle between Jump Trading’s subsidiary, Tai Mo Shan, and the FTX bankruptcy estate. The dispute between Tai Mo Shan and FTX bankruptcy estate centers around an unresolved loan agreement involving a massive 800 million SRM tokens, a transaction that has now become […] дальше »

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Kraken signs sleeve deal with Tottenham Hotspur F.C. 

Crypto exchange Kraken has announced a significant partnership with Tottenham Hotspur, becoming the Official Crypto and Web3 Partner of the English football club. As part of this multi-season agreement, Kraken will be the Official Sleeve Partner for all Tottenham Hotspur… дальше »

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Core Scientific to add 15 EH/s through Block’s 3nm Bitcoin mining ASICs

Block Inc. and Core Scientific have announced an agreement to supply Core Scientific with Block’s new 3-nanometer mining ASICs. Core Scientific will be the first to integrate these advanced chips into its large-scale mining operations. дальше »

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Hut 8 expands mining operations with power deal in West Texas

Hut 8 secured a purchase agreement for 205 megawatts of power and land in West Texas, expanding its energy infrastructure to about 1.3 gigawatts of capacity. дальше »

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Bitcoin miner Hut 8 secures 205MW site in Texas to upgrade its capacity to 1.3GW

Hut 8 said it has entered into a power purchase agreement for a site in West Texas with access to 205 megawatts. Bitcoin mining company Hut 8 is gearing up to expand its infrastructure platform significantly with the latest agreement… дальше »

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Apple to take up observer role on OpenAI board

Apple will receive an observer role on OpenAI’s board as part of an earlier agreement with the firm, Bloomberg said on July 2. Apple Fellow Phil Schiller, who heads the company’s App Store, manages product launch events, and formerly headed company marketing, will take the board position. дальше »

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Tether teams up with BTguru to explore RWA use cases for banks in Turkey

The USDT stablecoin issuer Tether has announced signing a partnership agreement with think tank BTguru to evaluate crypto initiatives in Turkey. Tether, the largest stablecoin issuer by market capitalization, is deepening its presence in Turkey through a new collaboration, which… дальше »

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Analyst: CleanSpark’s acquisition of GRIID reiterates CLSK as a Buy

Analysts at H.C. Wainright are bullish on CleanSpark’s most recent acquisition, projecting upside potential to $27. On Thursday, CleanSpark (CLSK) entered a definitive agreement to acquire GRIID Infrastructure (GRDI) in an all-stock deal valued at $155 million.  The final terms… дальше »

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Bitcoin miner Bitdeer to launch 570 MW power facility in Ohio

Bitdeer has secured a 30-year lease for land at the Monroe County Port Authority-owned Hannibal Industrial Park in Ohio. Bitcoin mining company Bitdeer, founded by Chinese billionaire Jihan Wu in 2020, has entered into a 30-year lease agreement with the… дальше »

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CleanSpark acquiring GRIID Infrastructure in $155m all-stock deal

CleanSpark Inc. (CLSK) has announced a merger agreement to acquire GRIID Infrastructure in an all-stock transaction valued at $155 million.   This acquisition includes the payment and assumption of GRIID’s (GRDI) debt. дальше »

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Core Scientific to increase CoreWeave infrastructure access to 270 MW

Bitcoin mining firm Core Scientific updated its agreement with AI hyperscaler CoreWeave to provide the latter with 270 megawatts (MW) of total infrastructure access, according to a June 25 press release. дальше »

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Enovix batteries to power mixed-reality headsets

Enovix Corp (NASDAQ: ENVX) opened about 20% up on Tuesday after signing an agreement to provide silicon batteries for a mixed-reality headset.   Shares of the battery manufacturer are now trading at a year-to-date high. дальше »

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Julian Assange to be freed after pleading guilty, ending 14-year legal struggle

Julian Assange, co-founder of WikiLeaks, has left the UK following a plea agreement with the US DOJ, potentially ending his legal woes. The post Julian Assange to be freed after pleading guilty, ending 14-year legal struggle appeared first on Crypto Briefing. дальше »

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BitoPro teams up with local bank to open ‘crypto-friendly bank account’ in Taiwan

BitoPro’s parent company BitoGroup has entered into a partnership agreement with Far Eastern International Bank Bankee to launch “crypto-friendly bank account.” BitoGroup, the parent company of Taiwanese crypto exchange BitoPro, has teamed up with the local digital bank Far Eastern… дальше »

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Bitfarms stock up 15% after anouncing large-scale mining site

After rejecting Riot’s takeover bid, Bitfarms announced a project to significantly increase its power capacity and Bitcoin mining capabilities by 2025. Bitfarms entered into an agreement to construct a power plant with a capacity of up to 120 MW and… дальше »

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DOJ, FTC to probe OpenAI, Microsoft, Nvidia over AI competition fairness

The Department of Justice (DOJ) and the Federal Trade Commission (FTC) are preparing to launch investigations into major AI companies over anticompetition issues, Politico reported on June 6. Under the agreement, the DOJ will probe Nvidia and its role in supplying high-end semiconductors to the AI industry. дальше »

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Robinhood’s $200 million Bitstamp acquisition aims to expand global crypto footprint

Robinhood has announced its agreement to acquire global crypto exchange Bitstamp for approximately $200 million in cash. The acquisition, subject to regulatory approvals and customary closing conditions, is expected to be finalized in the first half of 2025. дальше »

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FTX reaches $200M settlement with IRS on tax bill

The agreement, which is subject to court approval, resolves a major hurdle for the FTX bankruptcy process.

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Dapper Labs Agrees to $4M Settlement in Class Action Securities Suit

Dapper Labs has reached a tentative settlement agreement with a group of investors who sued the non-fungible token (NFT) company and its co-founder and CEO Roham Gharegozlou for allegedly violating federal securities laws. дальше »

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Bitdeer gains $150 million from Tether for ASIC-based mining rig development

Stablecoin issuer Tether has entered into an agreement to acquire up to $150 million worth of shares from prominent Bitcoin mining firm Bitdeer via a private placement deal, according to a May 31 statement. дальше »

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Tether investing up to $150M in crypto mining firm Bitdeer

On Friday, Tether announced that it had entered into a subscription agreement with Bitdeer to buy up to $150 million worth of shares in a private placement. The agreement includes 18,587,360 Class A ordinary shares and a warrant to purchase… дальше »

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