In a recent disclosure, the publicly-listed bitcoin mining corporation Stronghold Digital Mining publicized its entry into a $ 15 million securities purchase agreement with an institutional investor. Furthermore, Stronghold elaborated that the firm’s Panther Creek Plant encountered unforeseen complications with ash silo flow, prompting a temporary suspension of a portion of its operations. This …
Elon Musk’s social media company, X, has obtained 12 money transmitter licenses across the United States. Furthermore, his artificial intelligence (AI) company, X.AI, stated in a filing with the U.S. Securities and Exchange Commission (SEC) its intention to raise $ 1 billion in an equity offering. X Obtains 12 Money Transmitter Licenses Elon Musk’s …
More than two dozen early employees of the blockchain software company Consensys have filed a lawsuit against Ethereum co-founder Joseph Lubin, Consensys, and other parties. The plaintiffs allege Lubin broke contractual promises related to equity compensation made when the employees joined the company in its formative years starting in 2014. Ethereum Co-Founder Joseph Lubin …
[00:00:00] Nathan Wrigley: Welcome to the Jukebox podcast from WP Tavern. My name is Nathan Wrigley. Jukebox is a podcast which is dedicated to all things WordPress. The people, the events, the plugins, the blocks, the themes, and in this case, how we can promote diversity, equity, inclusion, and belonging in the …
In a joint statement, Jeremy Allaire, CEO of Circle, and Brian Armstrong, CEO of Coinbase, announced the dissolution of the Centre Consortium. Consequently, Circle will take exclusive charge of the issuance and governance of USDC. Additionally, Coinbase has acquired an equity stake in Circle while signaling a stronger commitment to stablecoins. Circle, Coinbase Dissolve USDC’s […]