Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital") and Blockfusion USA, Inc. ("Blockfusion") (together, the "Companies") are pleased to announce that the Companies have entered into a strategic co-mining agreement (the "Agreement"). Pursuant to the terms of the Agreement, Blockfusion will provide certain premises and services to Bit Digital for the operation of a 35 MW bitcoin mining system for a term of 2 years, with automatic one-year renewals. This partnership is expected to facilitate an increase in Bit Digital's hashrate of up to approximately 1.2 Exahash ("EH"). Bit Digital expects to complete the first (of four) phases of miner equipment deliveries for installation on or about September 15, 2021.
DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (NEO: DEFI) (GR: RMJR) (OTC: DEFTF) announces initial Shyft Network Node earning of 300K+ of Shyft tokens over two months and expects to generate about 6800 Shyft tokens daily or 2,482,000 Shyft tokens per year. The Company is running a validator on the Shyft Network, the private, semi-permissioned blockchain designed to embed trust, validation and discoverability into public and private ecosystems.
Stratis is developed to help make blockchain services accessible for businesses worldwide. In pursuit of that aim, it now supports interoperability with Ethereum, allowing firms to tap into the ease of use provided by Stratis Technologies while reaching out to millions of Ethereum users. The launch of its wrapped token (wSTRAX) also brings in a boom for the DeFi sector. Locked in a 1:1 ratio with the Stratis' native STRAX Token, platforms built on Ethereum can utilize wSTRAX in their DeFi products.
Mehrzad Manuel Ferdows, a leading entrepreneur, advisor, and investor has given a speech at a conference held in Dubai on risk management. Mehrzad Ferdows stated that the process of identifying, assessing, and controlling threats to an organization’s capital and earnings is referred to as risk management. He added that every business or organization encounters unanticipated risks, deleterious events that can inflict the company money or cause it to permanently close.
WOO Network, a digital asset liquidity network, launched its exchange named WOO X. The new exchange is a trading platform providing professional and institutional traders with the best-in-class liquidity for superior trading execution. Its mission is to unify market liquidity in a highly fragmented ecosystem and to democratize cryptocurrency trading with its unique model.
Crown Sterling Limited LLC, a pioneer of personal data sovereignty technologies, announces the induction of the Data Bill of Rights into its genesis block of the Crown Sterling Chain. The "Data Bill of Rights" was established by Crown Sterling for consumers last month, declaring digital assets to be the intangible personal property of original producers (consumers) under existing laws and protections as personal or intellectual property as follows:
The Stellar Development Foundation (SDF) today announced a $15 million USD Enterprise Fund investment in Mexico City-based Airtm, a blockchain and bank-connected digital wallet and peer-to-peer exchange platform that provides globally-connected dollar accounts to consumers and businesses throughout Latin America, and other emerging markets. The investment marks SDF's largest Enterprise Fund investment to date and is the fund's fifth strategic investment made in the 2021 fiscal year.
Brane Inc., a leading cryptocurrency custodian, announced today that it plans to become a publicly traded company in fall 2021. The strategy will advance Brane's intention to become the first made-in-Canada qualified custodian for digital assets, providing Canadian financial institutions and investors with a domestic, industry-leading custody solution in a space currently dominated by a single U.S. company.
Bairong Inc. ("Bairong", 6608.HK), a leading independent AI-powered technology platform in China, has officially launched Indra, a groundbreaking secure multi-party computing platform that meets key privacy protection needs in the process of data development. Indra offers a safe and efficient data cooperation model for partners and financial institutions, enabling them to tap into the value of data whilst ensuring compliance with data usage policies and preventing data leakage.
One River Digital announced that its market leading institutional digital funds now offer 365-day liquidity to existing investors. This announcement marks the first time in digital asset fund management history that an investment vehicle has offered institutional clients 365-day liquidity. Investors in our Bitcoin strategy, and in our Ethereum strategy, can now access the true dynamism and liquidity of the digital asset market. Regardless of the holiday or weekend, One River Digital's institutional passive fund family is ready to support daily institutional access to this emerging asset class.