Select Results Include Q4 Net Income of $1.4 million to $2.4 million, Adjusted EBITDA of $1.6 million to $2.6 million, and Earnings Per Share of $0.18 to $0.32 Company Reports First Profitable Quarter in Two Years As Ongoing Transformation of Business Continues Complete Fourth Quarter and Full-Year 2023 Financial Results to be Announced on March 27, 2024DRESDEN, N.Y.--(BUSINESS … [Read more...] about Greenidge Generation Announces Favorable Preliminary Financial and Operating Results for the Fourth Quarter 2023
ZetaChain — the Simple, Fast and Secure Omnichain Blockchain — Launches Mainnet
Launch ushers a new era of connecting all blockchains for developers and end usersROAD TOWN, British Virgin Islands--(BUSINESS WIRE)--ZetaChain, the simple, fast and secure blockchain that connects all of crypto in one place, announces today that its Mainnet is now live. The launch ushers in a new era in convenience and safety for Web3 developers and their users who can access … [Read more...] about ZetaChain — the Simple, Fast and Secure Omnichain Blockchain — Launches Mainnet
Celsius Emerges from Chapter 11 and Commences Distributions of Over $3 Billion of Cryptocurrency to Creditors
New Bitcoin Mining Company (Ionic Digital, Inc.) Owned by Account HoldersHOBOKEN, N.J.--(BUSINESS WIRE)--Celsius Network LLC (“Celsius” or the “Company”) announced today that it has successfully emerged from bankruptcy by completing the transactions under its confirmed plan of reorganization (the “Plan”). The Plan was overwhelmingly approved by approximately 98% of the … [Read more...] about Celsius Emerges from Chapter 11 and Commences Distributions of Over $3 Billion of Cryptocurrency to Creditors
Tokens.com Reports Financial Results for Fiscal Year 2023
TORONTO--(BUSINESS WIRE)--Tokens.com Corp. (Cboe Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a web3 technology company that owns an inventory of cryptocurrencies, reports its financial results for the fiscal year ended September 30, 2023 (“FY2023”). All dollar figures are in United States dollars (“USD”), unless otherwise … [Read more...] about Tokens.com Reports Financial Results for Fiscal Year 2023
GSR Boosts Executive Leadership with Head of Trading Hire
Former JP Morgan Global Head of Credit and FICC ETF eTrading To Expand Market Maker’s Trading PresenceLONDON--(BUSINESS WIRE)--GSR, the global cryptocurrency trading firm and liquidity provider, has appointed Andreas Koukorinis as its new Head of Trading. He joins the firm from JP Morgan, where he most recently served as their Global Head of Credit and FICC ETF … [Read more...] about GSR Boosts Executive Leadership with Head of Trading Hire
TruBit Pro Announces Strategic Entry into Asia, the First Step of Its Global Expansion
DALLAS--(BUSINESS WIRE)--Galactic Holdings, the parent company of TruBit and TruBit Pro – the most comprehensive cryptocurrency ecosystem in Latin America – announces a pivotal advancement in its global strategy with its expansion into the Asian market. Following a remarkable $6.25 million Series A funding in November 2023 and a significant $10 million in a pre-Series A round, … [Read more...] about TruBit Pro Announces Strategic Entry into Asia, the First Step of Its Global Expansion
Saga and MARBLEX Form Strategic Partnership to Advance Web3 Game Development and Adoption
Deal Marks a Broad Strategic Partnership for Netmarble’s Web3 Arm with a Layer-1 Protocol for technology and go-to-market collaboration in web3 gamingSAN FRANCISCO & SEOUL, South Korea--(BUSINESS WIRE)--#Blockchain--Saga, a leading Layer-1 protocol and developer ecosystem in web3, and MARBLEX, a gaming-focused blockchain by Netmarble Corp., announced a strategic partnership … [Read more...] about Saga and MARBLEX Form Strategic Partnership to Advance Web3 Game Development and Adoption
Paystand Brings Rapid, Free B2B Payments Platform to Acumatica Cloud ERP
Enterprise Finance Users See Major Savings with Faster Time-to-Cash with AR AutomationSCOTTS VALLEY, Calif.--(BUSINESS WIRE)--Paystand, the only feeless B2B blockchain-enabled payment platform, today brings its automated payment solution to Acumatica, an all-in-one cloud-based ERP system for business management that includes finance, inventory, CRM, and payroll. Now, finance … [Read more...] about Paystand Brings Rapid, Free B2B Payments Platform to Acumatica Cloud ERP