Hut 8 receives green light from Canadian Supreme Court for USBTC merger
The Supreme Court of British Columbia has given Hut 8 final clearance to complete a proposed merger with USBTC. Go to Source
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Hut 8 merger would’ve happened even without FTX or crypto turmoil, says CEO
Falling crypto prices have forced many crypto miners to cut costs or consolidate in order to survive the crypto winter. Go to Source Powered by WPeMatico
Circle denies blaming SEC for shuttered $9B plan to go public
A Jan. 25 report from the Financial Times which was widely shared characterized Circle as having “blamed” the SEC for its “jettisoned” public listing plan. Go to Source Powered by WPeMatico
Crypto exchange WonderFi confirms merger talks with Coinsquare
The exchanges are yet to finalize a potential merger, with WonderFi releasing a public statement in response to market speculation and a surging share price. Go to Source Powered by WPeMatico
Blockchain fintech GammaRey signs $320M merger agreement
GammaRey said it has nearly $800 million in consumer assets. Go to Source Powered by WPeMatico
Superhero cans merger with Swyftx citing regulatory scrutiny
Superhero assured its users that their funds are safe and that neither their personal data nor assets were provided to Swyftx. Go to Source Powered by WPeMatico
Bitcoin Depot says SPAC merger will continue as planned after solid revenue growth
The firm’s revenue increased by 25.25% to $497.2 million in the first nine months of 2022. Go to Source Powered by WPeMatico
Ripple to consider deals for FTX assets: Brad Garlinghouse
Brad Garlinghouse, CEO of Ripple, said the company would be interested in companies owned by FTX that serve business customers. Go to Source Powered by WPeMatico
Further BTC mining consolidation as Crusoe acquires peer mining firm
Crusoe Energy Systems has just acquired the operating assets of Great American Mining, a sign that further consolidation could be ahead. Go to Source Powered by WPeMatico
Bitcoin Mining Industry Reveals Mergers, Hashrate Increases, and New Facilities Amid Market Downturn
While bitcoin is down more than 72% from the crypto asset’s all-time high, bitcoin mining operations are expanding at a rapid pace during the downturn. On Tuesday, the bitcoin miner Cleanspark said its hashrate has surpassed 4 exahash per second (EH/s), and the Texas mining company Rhodium revealed it raised $11.9 million, according to a … Read more
