The volatility in the cryptocurrency market continues to impact Bitcoin mining stocks like Marathon Digital (NASDAQ:MARA). Despite the recent recovery in Bitcoin (BTCUSD) prices, Marathon Digital stock has faced significant challenges in 2024, leaving investors questioning whether it is a worthwhile investment after the recent crypto correction. Marathon Digital’s Performance Amid Crypto Volatility Marathon Digital is one of the largest…
Hamster Kombat has attracted more than 300 million users to the game, setting records in Web3 game development. Source: https://cointelegraph.com/news/hamster-kombat-turns-down-venture-capital-offers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Marathon Digital Holdings, Inc., now simply known as MARA, is rolling out a plan to offer $250 million in convertible senior notes set to mature in 2031. This move, targeting qualified institutional buyers, aims to generate funds for corporate ventures and the purchase of more bitcoin. MARA to Purchase More Bitcoin Following Private Sale As […] Source: https://news.bitcoin.com/mara-announces-250m-private-offering-of-convertible-senior-notes-to-buy-more-bitcoin/
The Bitcoin miner reported a net loss of $17.7 million in the second quarter of 2024 despite hashrate growth. Source: https://cointelegraph.com/news/bitdeer-clocks-50-gross-profit-jump-bitcoin-mining-ramp-up?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The patent for “oracle-like” data storage contained technology that was already in existence, DEF said. Source: https://cointelegraph.com/news/def-ends-dao-lawsuits-makerdao-compund-patent-acquisition?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The U.S. Securities and Exchange Commission (SEC) has filed charges against the founders of NovaTech for running a Ponzi scheme that netted $650 million in cryptocurrency, the agency said on Monday. The SEC is accusing Cynthia and Eddy Petion of allegedly orchestrating the scam as a “crypto asset investment program” and multi-level marketing (MLM) company that, according to the agency, primarily…
A nutritional supplements company allegedly paid a group of online trolls to impersonate celebrities, fool its investors, and pump its token. And the scheme worked—for a while. Then it all unraveled. Insane Labz, an Arkansas-based supplements company known throughout the MMA and Barstool Sports world—and a former client of Gary Vaynerchuck’s mentorship program, launched its LABZ token in May. On…
Ripple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim. Source: https://cointelegraph.com/news/ripple-labs-liable-125m-sec-penalty-law-decoded?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Analysts and market observers anticipate that options trading for U.S. spot bitcoin exchange-traded funds (ETFs) could kick off before year-end. While there’s considerable buzz around these new investment avenues, the introduction of options trading might bring strategies that could temper bitcoin’s market price. Crypto ETF Options Likely by Q4 2024, But Bitcoin and Ether Prices […] Source: https://news.bitcoin.com/year-end-launch-of-bitcoin-etf-options-could-lead-to-price-drops/
The Commonwealth Unity Fund has disseminated more than $1 million in Massachusetts to support Republican John Deaton’s bid for the US Senate. Source: https://cointelegraph.com/news/crypto-super-pac-unseat-elizabeth-warren-support-john-deaton?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
