Coindesk

Bitcoin Miner Bitfarms to Buy Rival Stronghold Digital for $175M in Stock, Debt

The deal comes weeks after Riot Platforms dropped a bid to buy Bitfarms, choosing to overhaul the company's board before pursuing a takoever again.Source link

Tether Plans to Develop UAE Dirham-Pegged Stablecoin Alongside Phoenix Group

Tether plans to seek licensing for the stablecoin under the U.A.E. Central Bank's Payment Token Services Regulation.Source link

Institutions Are Still Buying Bitcoin ETFs, Bitwise Says

The number of institutional investors holding bitcoin ETFs rose 14% in the second quarter of the year to 1,100, the report said.Source link

Bitcoin Bear Trap? Goldman Says Wednesday’s U.S. Jobs Report is Likely to Overstate Weakness

On Wednesday, the Bureau of Labor statistics will publish a preliminary estimate of the benchmark revision to the level of monthly nonfarm payrolls (jobs report) from April 2023 to March 2024.Source link

Another Crypto ‘Fraudster’ Arrested in Montenegro, Where Do Kwon Awaits Extradition: Reports

Polish national Roman Ziemian, the co-founder of digital currency trading platform FutureNet who allegedly defrauded users out of around $21 million has been detained in Montenegro, according to multiple reports citing an announcement from the nation's police.Source link