Bitcoin Mining Firm Genesis Digital Assets Raises $431M to Boost ‘Aggressive Expansion’
Genesis Digital Assets has just closed a fresh round of investment after buying 20,000 new rigs less than a month ago.
Genesis Digital Assets has just closed a fresh round of investment after buying 20,000 new rigs less than a month ago.
Despite Bitcoin oscillating around the $40,000-mark over the last 48 hours, the outflow of BTC from exchanges continued its downward trend. Over the week, exchange balances have continued to decline…
Genesis Digital previously raised $125 million in an equity funding round led by Kingsway Capital in July 2021.
The latest update in the XRP lawsuit saw the court deny Ripple’s Motion to Compel SEC to produce documents reflecting the SEC’s trading preclearance decisions of SEC employees’ transactions in…
Quick Take Despite potential regulatory concerns surrounding the Decentralized Finance (DeFi) vertical and subsequent stablecoins that power much of its ecosystem, DeFi has been the most popular deal type amongst…
Veteran trader Peter Brandt is issuing a warning to Ethereum traders as the leading smart contract platform fights to stay above $3,000. Brandt tells his 566,000 Twitter followers that he…
After a solid bull run during the last month of August, the crypto market entered a strong correction in September. From the September high of $52,701, Bitcoin (BTC) has crashed…
BTC touched a low of $39,700 on Wednesday amid negative crypto market sentiment.
Although the Chinese authorities claim to have rounded up their clampdown on cryptocurrency activities, the search for cryptocurrency miners continues. According to reports, this search is targeted at fishing out…
Monday’s market crash resulted in billion-dollar liquidations in the crypto space. The Bitcoin (BTC) plummeted under $45,000 that day, however, a network glitch on the Pyth platform showed that the…