Category: platforms
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Riot Platforms acquires Block Mining in $92.5m deal, NPC Labs raises $18m
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This week’s crypto funding highlights include investments in web3 gaming, Ethereum scaling, Bitcoin infrastructure, and decentralized AI. Riot Platforms Acquires Block Mining Our funding roundup begins with an acquisition. On July 24, Bitcoin (BTC) mining company Riot Platforms announced that it had acquired Block Mining, a Kentucky-based Bitcoin mining company,…
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Riot Platforms acquires Block Mining in $92.5m deal, NPC Labs raises $18m
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This week’s crypto funding highlights include investments in web3 gaming, Ethereum scaling, Bitcoin infrastructure, and decentralized AI. Riot Platforms Acquires Block Mining Our funding roundup begins with an acquisition. On July 24, Bitcoin (BTC) mining company Riot Platforms announced that it had acquired Block Mining, a Kentucky-based Bitcoin mining company,…
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Riot Platforms Boosts Bitfarms Stake with Additional Share Acquisition
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Riot Platforms announced the purchase of an additional 1,432,063 shares of Bitfarms stock. The acquisition, which was completed on June 10 for approximately $2.7 per share, represents an investment of approximately $3.87 million. This latest move brings Riot’s total holdings to approximately 57.62 million shares, representing approximately 14% of Bitfarms.…
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Paxos Launches Yield-Bearing Stablecoin in Argentina in Partnership with Crypto Platforms
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Navigating the present and future of IBs in South Africa | Fmas:24 Navigating the present and future of IBs in South Africa | Fmas:24 Navigating the present and future of IBs in South Africa | Fmas:24 Navigating the present and future of IBs in South Africa | Fmas:24 Navigating the…
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$18 Billion in Crypto Moves to New Risky Re-Staking Platforms
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More than $18 billion worth of cryptocurrency has shifted to a new platform type offering rewards for locking up tokens, a scheme that analysts warn poses significant risks for users and the broader crypto market. The increasing popularity of “re-staking” highlights the rising risk appetite in crypto markets as prices…
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Riot Platforms Pursues Acquisition of Competitor Bitcoin Miner Bitfarms
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Riot Platforms Inc., a leading cryptocurrency mining company, has announced its intention to acquire Bitfarms Ltd., another important player in the Bitcoin mining industry. Riot has already taken a 9.25% stake in Bitfarms and plans to make a public takeover bid despite a recent rejection by the company’s board. Global…
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Riot Platforms Pursues Acquisition of Competitor Bitcoin Miner Bitfarms
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Riot Platforms Inc., a leading cryptocurrency mining company, has announced its intention to acquire Bitfarms Ltd., another important player in the Bitcoin mining industry. Riot has already taken a 9.25% stake in Bitfarms and plans to make a public takeover bid despite a recent rejection by the company’s board. Global…
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5 best free Bitcoin cloud mining platforms in 2024
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. A look at the best free Bitcoin cloud mining platforms of the year, including the unique features that set them apart. The appeal of cryptocurrencies is undeniable, but the…
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Local online taxi, food delivery platforms to pay digital tax
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A 1.5% digital services tax will be imposed on local platforms offering online jobs, rental, food delivery and ride-hailing services, if Parliament approves a proposed revenue-raising proposal by the National Treasury. In the Finance Bill 2024, National Treasurer Njuguna Ndongo proposed amendments to extend the digital service tax to platforms…
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What digital platforms should do to uphold consumer rights, welfare
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A recent study on digital platforms in Kenya revealed that only 16% of consumers of food and grocery delivery platforms in Nairobi and Mombasa complained about unsatisfactory service. Of the complaints raised in the study conducted by the Competition Authority of Kenya (CAK), 60 percent were not attended by the…