Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • Bit Origin Limited Intends To Invest In An Operator Of A Cryptocurrency Mining Site In Macon, Georgia - The Company Expects To Obtain 9.49 Megawatts Cryptocurrency Mining Capacity With A Hash Rate Of 316PH/s

    Date 25/05/2022

    Bit Origin Limited (NASDAQ: BTOG) (“Bit Origin” or the “Company”), an emerging growth company engaged in crypto mining business with diversified expansion strategies, today announced that the Company has entered into a Letter of Intent (“LOI”) to acquire 30.62% equity interest in Horizon Mining Ltd (“HML”), an operator of a crypto mining site located in Macon, Georgia to further facilitate Bit Origin’s strategic development process. The potential acquisition is expected to increase the Company’s cryptocurrency mining capacity by 9.49 megawatts (“MW”) with a hash rate of 316PH/s, which represents approximately 40 Bitcoins would be mined per month at full capacity.

  • BIS: Covid-19 And Market Power In Local Credit Markets: The Role Of Digitalization

    Date 25/05/2022

    Summary

    Focus

    Studying market power is important, as banks with greater market power tend to charge more from consumers. Although there are differences among a country's local credit markets, market power is typically assessed at the national level. The Covid-19 pandemic was an unexpected shock and affected regions differently. Has it changed banks' market power? Compared with more traditional banks, have more digitalised banks improved their positioning in terms of market power during the pandemic?

  • SEC Halts Alleged Ongoing $39 Million Fraud By Hedge Fund Adviser

    Date 25/05/2022

    The Securities and Exchange Commission today announced fraud charges against Detroit-based EIA All Weather Alpha Fund I Partners LLC (EIA) and its sole owner, Andrew M. Middlebrooks, for allegedly engaging in a multi-year scheme that included the misappropriation and misuse of investors’ funds. To halt this alleged ongoing fraud, the SEC sought, and on May 19, 2022 obtained, emergency relief from the U.S. District Court in the Eastern District of Michigan, including a temporary restraining order against EIA and Middlebrooks and an asset freeze against the defendants and named relief defendants.

  • LiquidityBook Hires Jonathan Cross To Spearhead EMEA Business Operations

    Date 25/05/2022

    LiquidityBook, a leading provider of cloud-native buy- and sell-side trading solutions, today announced the hire of Jonathan Cross as General Manager, EMEA. He will be based in the firm’s London office and report directly to CEO Kevin Samuel.

  • Building Tech To Make Crypto Mainstream, StarkWare Quadruples Valuation To $8b

    Date 25/05/2022

    • Series D valuation of $8 billion comes on the heels of a $2 billion valuation just six months ago.
    • StarkWare processes more transactions than Bitcoin, and is the leading 'scaling' solution for crypto projects trying to overcome the fact that blockchain is congested, and expensive to use.
    • Deal was closed in the thick of a crypto bear market. Company says this emphasizes high investor confidence in its tech, which is 'infrastructure we've all been waiting for to move to Web3.'