Iris Energy Signs $100M Equity Deal With B. Riley
B. Riley signed a deal with Core Scientific in July that was very similar to this one that they just signed with crypto mining giants Iris energy. Bitcoin miner Iris Energy (IREN) signed a deal to sell up to $100 million in equity to investment bank B. Riley over the next two years. This is […]
Kwil Receives $9.6M Funding From FTX Ventures and DCG
The Kwil platform could make it easier for Web2 developers to switch to Web3 if it is owned by the community. The venture capital arm of cryptocurrency exchange FTX and Digital Currency Group (DCG), which is the parent company of CoinDesk, helped Kwil raise $9.6 million in a funding round, according to a new filing […]
Crypto Miners Are Still Building Amid Market Rout
Despite a market that is deteriorating and some miners battling to survive, crypto miners are nonetheless creating cutting-edge data centers. Popular crypto news correspondents visited bitcoin (BTC) mines in two U.S. states over the course of the summer to observe how Crypto Miners are continuing to construct data centers to support the Bitcoin network despite […]
Jesse Powell is Stepping Down as CEO of Kraken
Jesse Powel has stepped down from his position as the Chief executive officer of the company and lsince Ripley took over as COO. In addition, Kraken completed more than 16 acquisitions and obtained a sizable number of international regulatory licenses and collaborations under his leadership. Kraken, a cryptocurrency exchange, announced in a news release that […]
Bitcoin Powered Podcast App Gets a Major Upgrade
With the new Bitcoin Powered Podcast App, users may earn BTC in a way that is easier to use, more transparent, and more straightforward. The Fountain Podcast App for bitcoin now lets users get paid in bitcoin (BTC) for the first hour of listening each day.The Lightning Network, a layer 2 network built on top […]