Hut 8's recent court approval and market positioning showcase a mix of strategic advancements and responses to the broader crypto market sentiment. The upcoming acquisition, funding arrangement, and evolving ownership structure mark key milestones for the company.
SanyaHut 8's imminent merger with US Bitcoin Corp marks a pivotal moment for the company, ushering in a phase of geographic diversity and expanded revenue streams. Industry experts view this move as a strategic evolution in response to changing market dynamics, emphasizing the importance of bold decision-making for miners in the current landscape.
Huang BoLedger users protest against social media censorship.
BeincryptoReddit released a limited quantity of free Rabbids avatar NFTs and users are scooping them up, with multiple varieties already depleted.
Reddit’s NFT avatars have been very successful, recently hitting an all-time high in terms of minting.
BeincryptoMore than 4.4 million have been minted since Reddit launched the collection earlier this year.
The BlockOver 3 million Reddit Vault wallets have been created.
BeincryptoThe company said that the project is set to utilize the Polygon (MATIC) blockchain for decentralized trading and third-party sales.
CointelegraphPopular social media platform Reddit will launch a new feature called Collectible Avatars. These blockchain-backed items are non-fungible tokens (NFTs) ...
BitcoinistGamestop’s job posting for a head of Web3 games reads: “Tomorrow’s creators will not just create games, but components, characters, and devices. Blockchain will power commerce at the bottom.”
Cointelegraph