Circle discontinues USDC on Tron, citing risk management, impacting USDC holders and Tron's DeFi ecosystem. Options for transfer to supported networks provided amidst regulatory concerns and strategic shifts.
AlexAbu Dhabi-based Phoenix Group is set to acquire $187 million worth of new Bitcoin mining rigs from Bitmain Technologies, following a $380 million deal with WhatsMiner. The move aims to significantly boost Phoenix's Bitcoin hashing power, positioning the company as a major global crypto miner. The strategic expansion aligns with the recent approval of a Bitcoin exchange-traded fund (ETF) by the SEC, anticipating potential industry growth. Despite competition and profitability challenges in Bitcoin mining, Phoenix Group's aggressive approach underscores its commitment to staying competitive in the evolving sector.
EdmundPhoenix Group's strategic investments in cutting-edge mining technology, coupled with its market debut and oversubscribed IPO, solidify its presence as a formidable player in the global Bitcoin mining landscape. However, the lack of response to inquiries raises questions about transparency and communication practices within the company, warranting further scrutiny.
SanyaPhoenix Group PLC invests in Lyvely, marking a strategic move in Web3 and digital economy innovation.
EdmundAmidst a surge in cryptocurrency interest, Phoenix Group's debut on the Abu Dhabi Securities Exchange marks a pivotal moment in the region's financial evolution.
Hui XinOut of the ruins of the TerraUSD (UST) collapse rises a new stablecoin -- USDTea, the first of its kind ...
BitcoinistThe Science DAO, a decentralized fundraising platform that offers pre-IPO investment options in breakthrough technologies and projects, debuted on May ...
BitcoinistOpenSea’s new chief financial officer, Brian Roberts, faced a storm of complaints from the NFT community, arguing that the comments were “inaccurately reported.”
CointelegraphIf Blockchain.com can conduct an IPO ahead of Binance.US, it will be the second cryptocurrency exchange to list in the United States.
CointelegraphBlockchain.com would be just the second crypto exchange to go public in the U.S. if it can perform an IPO before Binance.US.
Cointelegraph