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Bitdeer Technologies, which operates five cryptocurrency mining data centers in the U.S. and Norway, announced its merger with special purpose acquisition company (SPAC) Blue Safari Group Acquisition Corp, on Thursday.The deal values Bitdeer at an implied enterprise value of approximately $4 billion and was unanimously approved by the boards of
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Crypto.com’s CRO token soared in digital-asset markets after the cryptocurrency exchange and credit-card issuer inked a naming-rights deal with the Staples Center, home of the Los Angeles Lakers basketball team.The Singapore-based crypto exchange bought the naming rights from AEG for 20 years for $700 million, the LA Times reported, citing
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Juan Pellicer, analyst at IntoTheBlock, said he was “excited to see how Avalanche continues to grow its DeFi ecosystem, for example by launching liquid staking products,” such as allowing users to stake their crypto in one pool and use their staked assets to farm yields in a liquidity provider pool
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The9 has signed a 32 megawatt (MW) mining capacity deal with Compute North to deploy 10,000 miners in the U.S.The high-end S19j miners will be online in the second quarter of 2022, the Shanghai, China-based miner said in a statement.The company also plans to add 14,000 miners with other hosting
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Google’s parent company Alphabet has made a $1 billion equity investment in the Chicago Mercantile Exchange Group, the exchange responsible for many crypto derivatives products.In a Thursday notice to investors, the CME Group announced the $1 billion investment from Alphabet in addition to a 10-year strategic partnership with Google Cloud
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The facility will be located in Ontario, Canada and will be jointly managed. “More than doubling our current capacity with this newest deal is a big step forward in Compass Mining’s business model to provide retail bitcoin miners with the ability to compete at an institutional level,” said Compass Mining
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“As an academy, we are always looking for ways to help artists discover new forms of creative expression, while also creating new ways of income generation and ways for fans to interact with the artists that they love,” said Panos Panay, co-president of the Recording Academy. Source
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Atlas Technology, which is expanding its North American crypto mining presence, signed a deal for Core Scientific to host more than 100 megawatts of bitcoin mining capacity, Atlas announced Monday.The deal comes as the Singapore-based crypto miner continues to bring more mining power into the U.S. and aims to build
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World Wrestling Entertainment (NYSE:WWE) has signed an agreement with Blockchain Creative Labs, to launch a non-fungible token (NFT) marketplace for licensed digital WWE tokens and collectibles, the company announced Wednesday.Blockchain Creative Labs is a new NFT business and creative studio owned by FOX Entertainment and Bento Box Entertainment.Blockchain Creative will
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“David is an MLB legend, known for hitting home runs to the moon and his incredible personality,” Bankman-Fried said in a press release. “Most importantly, he is dedicated and passionate about helping others, so when he wanted to get into crypto, we were incredibly excited to help him start his
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