Ontario Capital Markets Tribunal ends Bitfarms’ first poison pill against @RiotPlatforms’ takeover. Riot’s CEO calls it a win for shareholders. Bitfarms introduces new plan to counter creeping bids, ensuring fair treatment. #CryptoNews
FLOW surged 17% after being listed on @OKX_Australia and key network updates. Now trading at $0.6283 with a 361% volume spike to $150M, its market cap hit $950M. Developed by @dapperlabs, Flow supports dApps and digital assets. #Update $FLOW
Investors eyeing $KNG, $TRX, $MKR, $BONK, and $PEPE as all memecoins show profits. $KNG up 58% in 30 days, hitting MEXC; $TRX peaks at $0.14; $MKR surges past $3,000; $BONK gains 7063.6% YTD. #Update
Anthony Scaramucci predicts VP Kamala Harris may fire U.S. SEC Chair Gary Gensler if she runs for president, aiming for a bipartisan crypto approach. #Crypto #Regulation
Ethereum spot ETFs launched in the US on July 24, with BlackRock leading a $1.11B first-day trading volume. Ethereum options open interest hit $7.39B. #Crypto #ETH
Riot Platforms (@RiotPlatforms) acquires Block Mining for $92.5M, increasing its Bitcoin mining capacity by 60 MW, with plans to reach 110 MW by 2024. This boosts total capacity to 2 GW, aiming for a 16 EH/s hash rate by 2025. #Update #BitcoinMining
Anthony Scaramucci predicts VP Kamala Harris will fire SEC Chair Gary Gensler if she runs for president. Amid Biden’s crypto policy debates, Scaramucci reassures that Harris is crypto-friendly, despite not addressing the Bitcoin Conference. Prominent figures urge Harris for concrete crypto support. #CryptoNews
Kraken users have transferred over 5000 BTC (~$330M) in Mt. Gox refunds to cold wallets within 24 hours, signaling a shift towards holding and enhanced security. This trend reflects confidence in Bitcoin’s future value and aligns with broader market behavior. #Update #Bitcoin
Mt. Gox starts repaying over 17,000 creditors in Bitcoin ($BTC) and Bitcoin Cash ($BCH) through designated exchanges as of July 24, 2024. Despite concerns, market remains stable, demonstrating resilience. This marks a step toward resolving long-standing financial disputes and restoring trust in crypto. #CryptoNews
Sen. Cynthia Lummis will propose legislation to designate Bitcoin as a strategic reserve asset at the Bitcoin 2024 conference. If passed, this bill could see the Federal Reserve holding Bitcoin, enhancing U.S. financial stability. #Bitcoin2024
Riot Platforms, Inc. acquires Block Mining, Inc. for $92.5M to boost hash rate. The deal includes 60 MW capacity, aiming to hit 100 EH/s by 2025. Analysts raise 2024 revenue estimates to $344.2M. #CryptoNews #Update
Network3 secures $5.5M in pre-seed and seed funding from investors like Borderless Capital and EV3 to expand its team and develop new mining hardware. The firm operates 240,000 nodes globally with its decentralized AI infrastructure, Edge AI. #Crypto #Update
Tether minted $1B in new $USDT tokens on Tron without fees, pushing the stablecoin market cap over $160B. This move signals rising demand and confidence in stablecoins. #Update #CryptoNews
Nigeria has launched an annual tech training program for 1,000 citizens, focusing on AI, blockchain, and advanced technologies. Supported by a 150,000 naira grant for SMEs, this initiative aims to position Nigeria as a global tech leader. #Update @NITDANigeria #TechTraining #NigeriaTech
