Riot Platforms exec slams Ripple for sabotaging strategic Bitcoin reserve
A Riot Platforms exec accuses Ripple of lobbying against the Strategic Bitcoin Reserve to protect its XRP narrative and promote state-controlled digital currencies. Pierre Rochard, a vice president at Riot Platforms, has accused Ripple of leading a major lobbying effort to derail the Strategic Bitcoin Reserve, claiming the company is still throwing millions of dollars […]
New licenses for virtual asset platforms
Hong Kong regulators have vowed to issue new licenses for crypto trading platforms in the country after a lengthy review process. According to Chinese media outlet SINA Finance, Executive Director of the Intermediary Department of the Hong Kong Securities and Futures Commission, Ye Zhiheng, stated that new virtual asset licenses will be issued soon. No […]
India risks losing $2b in tax revenue as crypto traders shift to offshore platforms: report
India could lose over $2 billion in tax revenue from cryptocurrency transactions over the next five years due to its tax policies driving traders to offshore platforms, according to a recent report. The December report from Indian technology think tank Esya Centre reveals that the government has already missed out on collecting over INR 6,000 […]
Riot Platforms buys more than $500M in Bitcoin
The purchase came amid reports that the Bitcoin mining company was under pressure from activist investor Starboard Value. Source link
Starboard Value takes stake in Riot Platforms, eyes AI shift
The activist investor is said to be pushing Riot to optimize the use of its facilities the same way many of its colleagues already have. Source link
Riot Platforms acquire $68m of Bitcoin after senior notes offer
Bitcoin infrastructure firm Riot Platforms has acquired millions of dollars of Bitcoin in the past few hours. This action was followed after the company announced a senior notes offer. According to Arkham Intelligence data on Dec. 11, Riot Platforms acquired… Source link
Riot Platforms raising $500M to buy Bitcoin amid price surge
If it follows through with its proposal, Riot Platforms will join many of its colleagues in paying top prices for BTC. Source link
