MoonTaurus Raises $100K in First Two Hours of Presale
MoonTaurus, a new cryptocurrency, raised $100,000 within two hours of its presale launch, with a tiered structure set to significantly increase the token’s value by the presale’s end. MoonTaurus, the most recent entrant to the cryptocurrency market, has achieved an impressive debut by raising $100,000 within the first two hours of its presale launch. The […]
HSBC Australia to Block All Crypto Exchange Payments Due to Scams
HSBC Australia blocks customer payments to crypto exchanges, citing scam protection. The Australian branch of the international bank HSBC has notified its customers that it has commenced preventing customer payments to cryptocurrency exchanges as of July 24 local time. This marks the latest major bank to abandon the industry, citing the prevalence of frauds. “In […]
Bitfarms Halts ‘Poison Pill’ Strategy Amid Riot’s Takeover Bid
Canadian tribunal halts Bitfarms‘ poison pill strategy to block Riot’s takeover attempt. Bitfarm’s attempted “poison pill” strategy, which was designed to impede an acquisition attempt by Riot Platforms, a rival mining firm, has been terminated by a Canadian tribunal. Riot confirmed in a July 24 statement that the Ontario Capital Markets Tribunal had issued a […]
Sygnum Bank Posts Profit After Doubling Crypto Trading Volumes
Sygnum Bank reaches profitability with a significant rise in crypto trading volumes and loan growth in H1 2024. The Swiss crypto bank Sygnum Bank, which has $4.5 billion in client assets, has announced that it has achieved profitability following a significant increase in crypto trading volumes during the first half of 2024. Sygnum disclosed a […]
BTC-Based Rewards App Fold To List On Nasdaq Via SPAC Deal
The BTC-Based Rewards App will go public on the Nasdaq after an SPAC agreement is set to be wrapped up by the end of this year. Bitcoin-based rewards application Fold has declared its intention to become a publicly traded company on the Nasdaq, with an implied valuation of $365 million. According to a July 24 […]