Bitfarms Acquires Stronghold Digital Mining in Recent Deal
Bitfarms Mining Corporation has announced the acquisition of Stronghold Digital Mining for an estimated $125 million in equity value. The transaction considers an assumed debt of approximately $50 million, and it is anticipated to increase Bitfarms’ energy portfolio to over 950 megawatts by the end of 2025, which may add up to 307 megawatts of […]
Tether to Launch Stablecoin Linked to UAE Dirham
Tether, a significant stablecoin provider in the digital asset industry, has disclosed its intention to introduce a new stablecoin linked to the United Arab Emirates dirham (AED). Phoenix Group PLC and Green Acorn Investments Ltd., based in the United Arab Emirates, sponsor the new stablecoin, as indicated in the press release disclosed to Cointelegraph. The […]
Solana ETF Faces SEC Roadblock Over SOL Security Debate
Solana ETF is facing challenges, primarily due to the U.S. Securities and Exchange Commission not acknowledging the submissions. The debut of the Solana exchange-traded fund (ETF) has become one of the most talked-about subjects in the cryptocurrency community, particularly since the trading of Bitcoin and Ethereum Spot ETFs began in the United States this year. […]
Germany Seizes $28M in Unlicensed Crypto ATM
Germany financial regulator raids targeted unlicensed ATMs that potentially facilitated money laundering and other illicit activities. The German authorities have launched a crackdown on the unlawful use of cryptocurrency ATMs, seizing thirteen machines from thirty-five different locations, along with twenty-eight million dollars in cash. The execution of this operation on August 20 underscores the nation’s […]
Robinhood Launches Update for Android Crypto Traders
Robinhood is also planning to offer Bitcoin and Ether futures, leveraging Bitstamp’s licenses after a $200 million acquisition. Robinhood’s Android software now offers two additional options for cryptocurrency trading: stop-loss and stop-limit orders. By bringing Android users into line with iOS users, this update makes it possible for both platforms to create automated actions depending […]