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Markets

Bitfarms Acquired Stronghold!

Bitcoin mining company Bitfarms announced that it has acquired Stronghold Digital Mining for an equity value of approximately $125 million. This acquisition is seen as part of efforts by companies in the Bitcoin mining industry to acquire broader energy capacity and strengthen their operations.

Aug 21, 2024
Markets

Fabric Cryptography Develops New Chip to Strengthen Privacy with $33 Million Funding

Fabric Cryptography, a Silicon Valley startup with the mission of increasing privacy in the digital ecosystem, recently completed a major financing round. In this financing round jointly led by Blockchain Capital and 1kx, the startup managed to raise $33 million. This achievement is considered a major milestone for a company driven by the goal of increasing privacy and taking cryptography to the next level.

Aug 19, 2024
Markets

Ukrainian Blogger Accused of $5 Million Tax Evasion

Ukraine's financial detectives have filed charges against a local blogger for evading more than $5 million in taxes using online affiliate marketing and crypto transactions. In a press release published on August 16, the Ukrainian Economic Security Bureau shared details of these accusations and information about the complex operation that gave rise to the accusations.

Aug 16, 2024
Markets

$418 Million Crypto ETF Investment from Goldman Sachs

Goldman Sachs, one of the leading names in the global investment banking industry, announced that it has made a total investment of $418 million in various Bitcoin-related exchange traded funds (ETFs). This statement was included in Goldman Sachs' latest 13F filing for the second quarter of 2024 and was made public on August 14.

Aug 14, 2024