Bitcoin Miner Digihost Aims to Triple Capitalization With $250M Share Offering
Shares are down 13% as the capital raise news combines with sharply lower bitcoin prices. Original Source
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Offering
Shake Shack Offering Bitcoin Rewards for Customers Using Block’s Cash App: Report
The burger chain is testing customer demand for cryptocurrency options, especially among its younger clientele. Source
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Animoca Brands Will Stop Offering Services to Russian Users: Report
The Hong Kong gaming giant has received legal advice to impose restrictions, the chairman and co-founder said. Source
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BlockFi Will Pay $100M, Halt High-Yield Offering
BlockFi will also pay another $50 million to various state regulators, according to the report. The BlockFi Interest Accounts have faced scrutiny from securities regulators in New Jersey, Texas, Kentucky, Alabama and Vermont over the offering. Several of these states planned or issued cease-and-desist orders as part of their investigations
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Hashstack launches Open protocol testnet, offering under-collateralized loans
The DeFi lending and borrowing market has grown significantly in volume as new lending protocols continue to attract capital and NFT-backed loans become more popular. According to Dune Analytics, the top three platforms in terms of market capitalization are Aave (AAVE), Maker (MKR) and Compound (COMP). These platforms, however, still are facing
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Paradigm Offering ‘Futures Spread Orderbooks’ on Deribit and Bybit
A futures spread trade is an arbitrage technique where a trader takes two positions on a commodity to capitalize on a discrepancy in price. So a trader buys one futures contract and sells another with a different expiry date. Instead of trading the price of the underlying asset – in
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NYDIG offering allows participating companies to pay employees in Bitcoin
The New York Digital Investment Group, or NYDIG, has launched a benefit program allowing employees of participating companies to convert a portion of their paychecks into Bitcoin.In a Tuesday announcement, the NYDIG said several firms involved with sports, entertainment and digital currencies would be among the first to offer the
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Elevate Brands Offering Bitcoin Payouts on Coinbase Prime
Elevate Brands announced today its “Cash or Coin” acquisition program and integration with Coinbase Prime. As per industry observations, Elevate Brands is always looking for ways to make its acquisition and operating processes more efficient. They announced today that they would be integrating with Coinbase Prime to receive payment in bitcoin
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YouTube Considering Offering NFTs to Allow Creators to ‘Capitalize’ on Work
YouTube CEO Susan Wojcicki said the video streaming platform is considering offering non-fungible tokens (NFTs) as a way “to help creators capitalize on emerging technologies including things like NFTs" in an open letter about the group’s 2022 priorities. Original Source
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Indonesia's Regulator Warns Financial Firms Against Offering Crypto Sales: Report
Indonesia's Financial Services Authority (OJK) warned firms against offering sales of crypto, according to a Reuters report Tuesday, though trading is legal in the country.Financial institutions are strictly prohibited from "using, marketing, and/or facilitating crypto asset trading," the OJK said in an Instagram post, according to Reuters. "Please beware of
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