Posted 1 minute ago In ~ Cryptocurrency mining equipment manufacturer Canaan has raised more than $50 million through preferred equity financing to strengthen its research and development capabilities and scale up production.Nasdaq listed company has been made public. filing This week, it raised capital from institutional investors by issuing and selling up to 125,000 shares of Series A convertible preferred stock. The company did not reveal the name of the investor.“The company plans to use the net proceeds from the sale of the securities for research and development, expansion of production scale, and other general corporate purposes,” Canaan said in…
Author: Crypto Flexs
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Rupert Cowper-Coles, a partner at law firm RPC, which represents McCormack, said: “We have actually only just found out about this, but late last year the Supreme Court refused leave to Craig Wright’s appeal.” “So they are very pleased that the judgment of nominal damages of £1, which Craig had tried to appeal twice but failed, stands.”
Are you a cat lover looking for a new and innovative addition to your home? Meet Nybble, the adorable and intelligent cat robot who will steal your heart and provide you with endless fun and friendship. Nybble is no ordinary robot cat. Their ability to learn and adapt to their environment makes them truly unique and special companions. Features of Nibble Realistic movements and actions It’s interactive and responds to touch and voice commands. Programmable through open source platform Ability to learn and perform new skills and behaviors Compatible with a variety of accessories and add-ons Benefits of having a…
For our latest podcast episode, we had the pleasure of hosting Justin Sun, founder of Tron and advisor to HTX. Justin provided valuable insight on a variety of topics. He began by discussing the impact of the US Bitcoin ETF approval on the cryptocurrency industry. The conversation then shifted to the ongoing debate between decentralized and centralized exchanges, emphasizing the important role of transparency and decentralization in cryptocurrency platforms. Justin further shed light on the concept of democratic governance for cryptocurrency exchanges. The episode concluded with a discussion of the emergence of new governance platforms, using HTX DAO as a…
Arbitrum and Optimism have seen a decline in TVL. ARB and operating profit take a short break and then resume their downward trend. Arbitrum (ARB) and Optimism (OP) continue to lead the L2 space with the highest total value locked. However, TVL has recently decreased. Given these developments, what are the current trends in network size? TVL decreased in Arbitrum and Optimism. Analysis of the L2 Beats charts over the past 24 hours shows a decline in the Total Value Locked (TVL) of Arbitrum and Optimism. Arbitrum’s TVL is down nearly 9% at the time of this report, while Optimism’s…
The decentralized finance (DeFi) landscape has undergone significant evolution and has become a pivotal component in the blockchain and cryptocurrency space. This revolution has redefined the existing financial paradigm, introducing new levels of transparency, user empowerment, and accessibility. As DeFi evolves, we are entering a phase often referred to as DeFi 2.0. This new phase is not a standalone concept, but rather an extension and enhancement of the original DeFi framework. Think of it as an advanced version of groundbreaking technology, much like the next smartphone that builds on the success of its predecessor. DeFi 2.0 is characterized by the…
The cryptocurrency landscape of 2024 continues to evolve rapidly, with the nature and scale of cryptocurrency-related crime changing significantly. Comprehensive analysis of recent reports and data provides insights into current trends, fundamental challenges and future impact on the industry. Cryptocurrency hacking and fraud trend decreasing According to a Chainalysis report, cryptocurrency hacking incidents decreased significantly in 2023. Hackers stole approximately $1.7 billion from cryptocurrency platforms, a 54.3% decrease from the previous year. Despite this decline, the number of personal hacking cases increased from 219 to 231 in 2022. In particular, North Korea-related organizations were active, with the number of hacking…
In a significant development for the cryptocurrency market, the U.S. Securities and Exchange Commission (SEC) has initiated the process and extended the deadline for Grayscale Investments’ application for a spot Ethereum ETF. decision deadline. Grayscale’s Ethereum ETF Review Period Grayscale’s application filed with the SEC on October 10, 2023, sought approval to list and trade Grayscale’s stock. Ether Trust on the New York Stock Exchange (NYSE) Arca under the commodity-based trust stock rules. The proposed rule changes were published for public comment in the Federal Register on October 27. In response, the SEC provided an extended period for approving, disapproving,…
XRP price is consolidating above the $0.50 support. If the price closes below the $0.50 support line, the price may gain bearish momentum. XRP is showing bearish signals below the $0.525 and $0.550 resistance levels. The price is currently trading below $0.525 and the 100 simple moving average (4-hours). On the 4-hours chart of the XRP/USD pair, there is a bearish trendline connecting with resistance near $0.520 (data source from Kraken). A break above the $0.520 and $0.525 resistance levels will initiate a new rise for the pair. XRP price re-examination major support Over the past few days, the price…
Layer 1 • January 25, 2024 1:13 PM EST Posted 1 minute ago In ~ Bitcoin Options Open Interest An increase in the number of open puts relative to calls could be a sign of weakness ahead of expiration on Friday.Deribit Chief Commercial Officer Luuk Strijers said the put-call ratio for Bitcoin options across all expiration periods is currently 0.44.“Focusing on tomorrow’s expiration, the ratio is adjusted to 0.52, which means there are more puts compared to calls,” Strijers told The Block. “This suggests a bearish sentiment toward Bitcoin options expiration this month compared to the general trend in open…