Bitfarms Boosts Bitcoin Mining Operations with $44 Million
In order to bolster its working cash and develop its infrastructure for mining Bitcoin, Bitfarms has announced a $44 million private placement with American investors. In an effort to raise about $44 million ($60 million CAD), Canadian Bitcoin mining business Bitfarms Ltd. has entered into a private placement agreement with institutional investors in the United […]
Superdao to Shut Down, Return Funds to Investors
Superdao, a DAO operating system, has announced plans to shut down its project and return the remaining funds to investors while gradually ceasing operations. Superdao has suspended operations, according to a letter posted on the company’s Notion, claiming that the cryptocurrency ecosystem “has become much smaller than its initial ambition” of becoming the next generation […]
Investors Sue Atomic Wallet Over $100M Crypto Hack
A group of dissatisfied cryptocurrency investors has filed a class action lawsuit against Atomic Wallet, which suffered a significant security breach and $100 million in losses in June, stating the firm didn’t share any information about the hack with clients or report it to the police. BNE IntelliNews reported on August 21 that dozens of […]
Last Chance to Join the $FLUUS Presale on FantomStarter
FLUUS is a crypto payments platform that aims to make Web3 more accessible to millions in developing markets. Its presale is live on FantomStarter until May 23. FLUUS is a promising crypto project with the potential to impact millions of users as it enables individuals in developing markets to purchase and sell cryptocurrencies with cash […]
Argo Blockchain faces class action lawsuit for misleading investors
Argo Blockchain investors have filed a class action lawsuit, claiming that the miner misled investors and omitted important details during its 2021 initial public offering (IPO). On January 26, a brand-new complaint was launched against Argo and a number of its executives and board members. It asserts that the company concealed its vulnerability to cash […]