Friday, 26 July 2024
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Crypto Mining News

Bitfarms adopts 'poison pill' shareholder rights plan amid hostile takeover attempts

Bitcoin miner Bitfarms announced that its Board of Directors has unanimously approved a shareholder rights plan — effective immediately — to preserve the integrity of its strategic alternatives review process. The plan, also known as a “poison pill,” is designed to prevent any party from gaining control of Bitfarms without providing fair value to all shareholders. The move comes after…
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3 reasons why Ethereum POW hardfork tokens won’t gain traction

Ether (ETH) is the second largest crypto by market capitalization and the absolute leader in decentralized applications by deposits.
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Crypto.com accidentally transfered $10.5M to client instead of $100 refund

According to local news outlet 7News, two Melbourne women, Manivel Thevamanogari and her sister Gangadory Thevamanogari, received an…
Crypto Mining News

Riot Blockchain Bitcoin production drops 28% YOY in July; offsets energy costs by curtailing some operations

Riot Blockchain, one of the world’s largest Bitcoin mining companies, saidAug. 3 that it mined 318 Bitcoin (BTC) in July, a decrease…

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