Auradine Secures $80 Million in Series B to Accelerate Bitcoin Mining Rig Production

On April 10, the bitcoin mining rig producer Auradine revealed it had secured an $80 million investment in a Series B funding round. Additionally, the company highlighted that it has also achieved $80 million in bookings. Auradine Raises $80 Million, Doubling Down on Teraflux Mining Rig Expansion The California-headquartered bitcoin mining equipment manufacturer Auradine, known … Read more

Nigerian Central Bank Prohibits Use of Foreign Exchange as Collateral for Local Currency Loans

The Central Bank of Nigeria has barred the use of foreign exchange as collateral for local currency loans. In its April 8 letter addressed to banks, the CBN warned of severe consequences for banks that fail to comply with the latest directive. Halting the Slide of the Naira Hamstrung by ongoing shortages of U.S. dollars, … Read more

Judge to Sentence Former FTX Executive Ryan Salame in Late May

Initially scheduled for May 1, the sentencing of Ryan Salame, former co-chief executive of FTX Digital Markets, has been deferred to May 28, 2024, in front of Judge Lewis Kaplan. Ryan Salame, Once FTX’s Co-Leader, Slated for May Sentencing Per the judicial records, Ryan Salame, once the co-chief executive at FTX Digital Markets, is slated … Read more

Uniswap Labs Receives SEC Wells Notice, Founder Vows to Fight

In a recent social media post, Hayden Adams, the founder of Uniswap Labs, announced that the company has received a Wells notice from the Securities and Exchange Commission (SEC), expressing his disappointment and determination to contest the notice. SEC Sends Decentralized Exchange Uniswap a Wells Notice Hayden Adams, the founder behind the decentralized finance (defi) … Read more

Stepn Rewards Move-to-Earn Users With $30 Million in FSL Points Airdrop

On Wednesday, the Web3 fitness and move-to-earn platform Stepn unveiled a $30 million airdrop campaign, offering participants the chance to earn FSL points that can be exchanged for GMT tokens. Stepn Reveals $30M Airdrop, Precedes Big Brand Collaboration The Solana-based Stepn has begun the allocation of 100 million FSL points among its users, which they … Read more

Donk.Meme Set to Conclude $DONKM Token Presale: Here’s a Chance to Become an Early Contributor Before Raydium Listing

PRESS RELEASE. Donk.Meme is excited to announce the final phase of the $DONKM token Presale which ends on friday 12th April 2024, offering early contributors and meme coin degens on Solana an exclusive opportunity to become one of the early holders of the Donk.Meme token by participating in the $DONKM token presale. The Presale is … Read more

US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline

U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of net withdrawals, documenting a $19.4 million decrease. The holdings of GBTC diminished from 322,697.17 bitcoins to 318,451.70. U.S. Spot Bitcoin ETF Landscape: Outflows Continue to Persist On April 8, 2024, the U.S. spot bitcoin ETFs saw a substantial $223.8 million in outflows, and on April … Read more

Anticipation Builds as Bitcoin Stands Less Than 1,400 Blocks From Monumental Halving

According to the latest data, we are now less than 1,400 blocks away from the anticipated Bitcoin halving event, which will decrease the block reward from 6.25 bitcoin to 3.125 bitcoin. Bitcoin’s value soared to a new all-time high on March 14, reaching $73,794 per bitcoin, but has since seen a 6.5% decline. Observers are … Read more

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