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CryptoStar Corp Has Announced Deployment Of GPU and ASIC Miners
Cryptostar Corp, a cryptocurrency mining company and data center operator, is happy to announce that operations have commenced in Alberta, Canada, and the first containers housing GPU and ASIC miners have been gradually deployed over the last several weeks. The Operations CryptoStar currently has an aggregate Hashrate of 58,230 MH/s from GPU miners and 13,890 TH/s from ASIC miners running at its data centers. The deployment of 58,230 MH/s and 13,890 TH/s of Hashrate using the latest generation GPU and ASIC miners, currently contributes about $313,410.95 per month in self-mining revenue for Cryptostar.
Terablock Will Launch Initial DEX Offering (IDO) On BSCPad
Terablock made the announcement in a press release, revealing details about the upcoming IDO. Prospective buyers are going to need to stake enough BSCPAD tokens so that they can reach their desired tier. In addition to this, they will also need to pass know your client (KYC) verification and register on the whitelist. When launch commences, Terablock will feature four predefined indices that lets beginner users diversify and automate their cryptocurrency trading strategy.
Terablock Has Raised $2.4M To Create A Crypto-Friendly Interface
UK-based crypto exchange Terablock announced the completion of a funding round that will provide an on-ramp for new crypto users. Terablock received $2.4 million in funding from big name investors like AU21, Capital, Blockchain.com, Blocksync Ventures, BTX Capital, and CryptoDormFund, to name a few. The platform was created with newcomers in mind, enabling automation tools that allow users to buy and sell crypto when they are unfamiliar with the territory.
Splinterlands Raises $3.6 Million in Private Token Sale
Splinterlands is an NFT-based trading card game that was built on the blockchain. The game operates on the Hive blockchain and falls under the umbrella of the trading game genre. It recently concluded a private token sale that got the company $3.6 million in proceeds, further proving the point that investors are all in on backing crypto plays.
Fiat & Digital Currency Solutions With MobiePay
Since the launch of the mobile payment solution in 2018, MobiePay has provided ample solutions as a fiat and digital currency payment solution. MobiePay enables consumers to spend or transfer fiat money and cryptocurrencies to one another, from their mobile devices. The payment solution supports cashback programs with its native MobieCoin (MBX) and it will also time the checkout process. Mobie’s vision is to bridge the gap between cryptocurrencies and local currencies, all while offering a safe, fast, and easy standard of payment.
Mobie Ecosystem Rewarding Its Users
Cryptocurrencies are here for the long haul. This makes a lot of consumers happy, including the team at Mobie. As a mobile payment app, Mobie has been working long and hard to perfect their ecosystem. The app includes a bankless crypto and fiat payment service, a decentralized wallet, and best of all, the ability to gain rewards from spending. Mobie’s technology-focused approach is committed to facilitating payments between consumers and merchants, all while keeping the costs to a minimum. Their long-term goal is to build out an infrastructure in the DeFi arena, which functions as a universal payment solution for all currencies, both on and off-ramp. The Mobie app is useful for both crypto-savvy and non-crypto-savvy audiences. It gives everyone an in on this booming market, which is gradually shifting to mass adoption.
CryptoStar Partnership With U.S. Based Customer
CryptoStar is a cryptocurrency mining and data center operator with locations in the US and Canada. Its mission is to become one of the lowest-cost cryptocurrency producers in North America. The company is proud to announce a partnership with a US-based company known as the “Customer”, which has implemented equipment hosting agreement with the “Hosting Agreement”, this was made effective on July 14th, 2021. Under the terms of the Hosting Agreement, the Company will offer hosting services to the Customer for up to 8 MW of cryptocurrency mining capacity at its data center in Utah. The Company also enacted an expansion of its Hashrate and power capacity in Alberta, Canada. Some highlights of the Hosting Agreement include: 12 month terms, which are renewable on a month to month basis. Hosting revenue for the Company with a USD of $960,000 David Jellins, Current President and CEO of CryptoStar has described the experience as such: “We are looking forward to providing hosting services for the Customer and we anticipate that this will be the beginning of a long term and mutually beneficial relationship.” Operations, Future Growth, & Financial Positions Take a look at some of the growth that The Company has experienced up until this point. The Company currently possesses an aggregate Hashrate of 53,334 MH/s from GPU miners and 21,930 TH/s from ASIC miners running at data centers The Company is also increasing power capacity at the first data center in Alberta, Canada under the existing power supply agreement for 30 MW. There are plans for expanding the self-mining inventory of mining hardware. Additional miners have been ordered for delivery in Q3 of 2021. The Company is in good financial standing As of July 15th, 2021, it held 136.3 ETH, 35.3 BTC, and USD $16.7 million (CAD $20.8 million) in cash
Terablock Aligns With Binance Cloud To Bring Industry-Leading Solutions
Terablock is a cryptocurrency trade automation exchange that recently announced a partnership with Binance Cloud. Binance Cloud is an infrastructure solution that allows consumers to launch digital asset exchanges. From this point forward, Binance Cloud will be managing Terablock’s exchange technology development and maintenance, security, user registration, and liquidity. This partnership has allowed Terablock the opportunity to hone in on business development and operations, which mitigates the stress of liquidity issues, which is something that many start-ups may struggle with, in the early stages. This partnership will also see a significant boost in the security infrastructure, which makes these crypto capital ventures that much more enticing. Shivam Tandon is an ambitious serial entrepreneur with over 11 years of experience in providing sustainable technology for businesses. Tandon has worked closely in the fields of 3d-printing, industrial design, fintech, IoT, Machine Learning, and more recently with crypto capital ventures. As the Founder and CEO of Terablock, Tandon has predicted that TeraBlock will see an increase in cryptocurrency adoption amongst newcomers who are pursuing crypto capital ventures for the first time. Terablock is a cryptocurrency trade automation that prides itself on its easy-to-use interface for managing and trading digital assets with modern technology. The Terablock token is currently used by 39 countries and 3870 investors are on board. The Terablock token has already emitted about 74 million tokens. Binance Cloud is an open-platform solution that enables cryptocurrency exchanges to build out and launch quickly. Binance Cloud embodies the core functions of the Binance Exchange. It brings forth trading risk controls, secure matching engines, enhanced security systems, depth in the market, and so forth. The open-platform solution can provide the infrastructure needed for cryptocurrency exchanges. These collaborations will allow partners to put more of their focus on high-priority tasks that are vital for running the business.
HUMBL, Inc. Announces Binding Term Sheet For Acquiring Tickeri
Information About Acquisition & HUMBL, Inc. HUMBL, Inc. has announced its intention to enter into a binding term sheet to acquire Tickeri, Inc. in a transaction that totals $20,000,000 USD. Simply put, Tickeri is a leader in the ticketing and live event space. The SaaS platform has featured Latin artists and events throughout the US, the Caribbean, and the US. Founded by Javier and Juan Luis Gonzalez, the company has spent the better half of a decade working alongside popular artists like Bad Bunny, J. Balvin, and much more. To date, Tickeri is one of the few ticketing companies to hone in on the Latin American Market, offering advanced features like real-time reporting, box office tools, analytics, and a dedicated digital marketing platform. HUMBL Inc. is a newer, Web 3 platform that is being developed with the sole purpose of connecting merchants and consumers in the digital landscape. This is achieved through the use of mobile applications and our very own iteration of the marketplace. In 2019, Tickeri sold over 1 million tickets for a total of $30 million in combined online and offline face value ticketing volume. The company as a whole experienced a 30% year-over-year revenue growth cycle in non-COVID years, since its inception in 2011. HUMBL is planning to integrate Tickeri features into the HUMBl mobile application and web platform, all while keeping the Tickeri brand operating in its own capacity within the Latin markets and using the core technologies to go after other ticketing contracts in various regions. As stated by HUMBL: “We are thrilled to work together with Tickeri to build a first-class digital ticketing platform for Latin America and other emerging markets, as well as a contactless fan experience inside the HUMBL mobile application,” said Brian Foote, CEO of HUMBL. The company is already in talks with potential suitors who are looking to revamp their live events. You can read more about these updates here.
Splinterlands sees exponential growth as daily sign-ups reaches over 5,000
Splinterlands, a blockchain-based gaming outfit has received record-breaking growth within the past month. The growth comes from the number of new users who are signing up on a daily basis. Based on recent findings, Splinterlands has seen a 10x growth in daily sign-ups, has increased to over 5,000 in August. This is an impressive milestone, as the company got its first 100,000 users in about 3 years time. Since then, the company has amassed over 200,000 users as of August 1st. The number of users on the platform has more than doubled. Further Assessing The Growth Splinterlands has also seen growth in Spellbook purchases. The hit blockchain game sold more Spellbook than it did in all of June. Splinterlands also reported that land prices surged, increasing from $10 to $20 per plot to more than $180. The guild system is also seeing significant growth with 380 of them being registered, including 25 different languages and an array of skill levels. In addition to this, the long-term growth in Splinterlands is beneficial for avid members of the gaming community. As the growth continues to soar, so too does the value of the assets. The total market value of cards owned by Splinterlands players has reached $111,798,824. As a result, cardholders can now brag about the appreciation on the secondary market for their cards. Standard foil common cards have also grown in their value. Before this gained traction, lower-tier cards used to be less than 10 cents. For those interested, the rental market is available to players who are looking to join this robust community. There are more than 135,000 active rentals, and newer players are capable of accessing more than 700 card types. To learn more about this growth, you can read the full story here.
HUMBL CEO Retires Over $100 Million In Shares
HUMBL CEO Brian Foote has announced that he will retire 9,350 of his shares of Series B Preferred Stock that he owns. This is the equivalent of 93,500,000 shares of common stock. Preceding this, Foote had retired 551,669,335 pre-split common shares from November 2020, at his own cost. The purpose of the share is to cut down on the overall HUMBL share count and protect investors, as the company is looking to pursue brand partnerships, revenue, and to revitalize its market share acquisition strategies. The retired shares are sufficient enough to cover the Tickeri and Monster LA acquisitions, HUMBL Brand Ambassadors, and so on and so forth. The share retirement will also include an allocation to cover shares that may be issued in connection with future acquisitions. Here’s what Brian Foote had to say about these acquisitions: “Whatever we can do to deliver great products and protect shareholder value at Humbl will always be the focus. We are actively seeking rollout acquisitions, particularly in mobile payments and ticketing, which we will package into one seamless experience for customers. If you would like to learn more about this story, you can click here to better understand it.
HUMBL Partnership WIth Gabby Thomas
HUMBL has announced a brand partnership with USA Track and Field star, Gabby Thomas. In addition to her accolades as an athlete, Thomas has built an impressive resume off the field as well. She graduated from Harvard University with a focus on neurobiology and global health, with future plans to pursue a master's degree in public health at the University of Texas. She’s been dubbed as the 3rd fastest woman of all time in the 200-meter race. More recently, she took home a bronze and silver medal from the 2020 Tokyo Olympics. Her athletic drive started when she was still in school. Having tried many sports, but track and field are what made her stick out. You can learn more about the HUMBL brand by reading here. Simply put, the company is a blockchain firm that specializes in mobile payments, NFTs, and ticketing solutions. CEO of HUMBL, Brian Foote, had this to say about Gabby’s involvement with their brand: “We look forward to collaborating with Gabby around her personal brand, athletic achievements, and global initiatives.”
Blockchain Game Splinterlands Is off to an Explosive Start
Splinterlands — the blockchain-based game has been creating a buzz lately following its token launch on Binance Smart Chain on July 26, 2021. The platform is thrilled to see a vast boom in registrations over the past month alone.
Splinterlands sees exponential growth as daily sign-ups reaches over 5,000
Blockchain-based gaming outfit Splinterlands has seen record-breaking growth over the past month. Splinterlands recorded growth in its number of new users who sign up on a daily basis, among other developments.
HUMBL, Inc. Announces Binding Term Sheet to Acquire
HUMBL, Inc. (“HUMBL”) (OTCMARKETS: TSNPD) announced today that it has entered into a binding term sheet to acquire Tickeri, Inc. (“Tickeri”) in a debt and stock transaction totaling $20,000,000 (USD). Tickeri is a leading ticketing, live events and box office SaaS platform featuring Latin events and artists throughout the United States, Latin America, and the Caribbean corridor.
Splinterlands Launches the SPS Governance Token and DAO on the Binance Smart Chain, On-chain Transaction Count Exceeds 1.3 Million
Splinterlands–a skill-based, NFT digital card game available in mobile and desktop– is launching the Splintershards governance token, SPS, set up as a DAO, on the Binance Smart Chain (BSC), as per a press release on July 26.
Leading Blockchain Game Splinterlands Raises Private Equity Funding, Taps Two Industry Veterans As Advisors
The round saw participation from Animoca Brands, Blockchain Founders Fund and Side Door Ventures. The investors who came in this funding round provide great breadth in terms of perspective. It shows how VC firms continue to jump on the blockchain bandwagon as they increasingly consider it an investable technology, and proves the real-world adoption of NFTs into trading card games.
CryptoStar Corp. Executes Equipment Hosting Agreement with U.S. Based Customer and Continues Expansion in Alberta, Canada
A cryptocurrency mining and data centre operator, is pleased to announce that the Company and a U.S. based company (the "Customer") have executed an equipment hosting agreement (the "Hosting Agreement") effective July 14, 2021 for up to 8 MW of mining capacity at its award-winning data centre facility in Utah, USA. The Company is also pleased to announce the expansion of its Hashrate and power capacity in Alberta, Canada.
HUMBL Announces Partnership with Gabby Thomas
HUMBL, Inc. (OTC Markets: HMBL) has formally announced today its HUMBL Brand Ambassador partnership with USA Track and Field athlete Gabby Thomas.
HUMBL CEO Retires Over $100 Million of Shares
HUMBL, Inc. (OTC Markets: HMBL) announced today that CEO Brian Foote has agreed to retire 9,350 shares of Series B Preferred Stock that he owns, which is the equivalent of 93,500,000 shares of common stock.
TeraBlock Partners with Binance Cloud to Bring Industry-Leading Technology, Liquidity, and Security Solutions to Users
TeraBlock, a cryptocurrency trade automation exchange, is excited to announce its partnership with Binance Cloud, an infrastructure solution for customers and partners to launch digital asset exchanges leveraging Binance’s industry-leading technology, security, and liquidity.
HUMBL Announces Strategic Collaboration with Athletes First
HUMBL, Inc. (OTC Markets: HMBL) announced today it has retained Athletes First as a strategic consultant to focus on the development of new business verticals in such areas as non-fungible tokens (NFTs), digital media and ticketing.
CryptoStar Corp. Announces Deployment of GPU and ASIC Miners
A cryptocurrency mining and data centre operator, is pleased to announce that operations have commenced in Alberta, Canada and the first containers housing GPU and ASIC miners have been gradually deployed over the past several weeks.
TeraBlock to launch Initial DEX Offering (IDO) on BSCPad by May 11
TeraBlock made this announcement in a press release on May 10 and revealed details about the upcoming IDO. Prospective buyers need to stake enough BSCPAD tokens to reach their desired tier. They will also need to pass know your client (KYC) verification and register on the whitelist.
Mobie Ecosystem is Proving to Be Rewarding For Its Users
As Bitcoin smashes new highs on its ascent, the entire crypto arena cheers from the sidelines. What’s good for Bitcoin is good for the industry. Coinbase’s IPO is a clear sign that Bitcoin and the other cryptos are here for the long haul. That makes the team at Mobie very happy indeed.
Splinterlands Raises $3.6M via Private Token Sale
Only 6.6% of the supply of the SPS token was reserved for the private sale. Purchasers are subject to a minimum 10-month vesting period.
TeraBlock Exchange Raises $2.4M to Develop Crypto Newbie-friendly Interface
The platform can reportedly execute trades automatically based on up to four risk-reward profiles that crypto users choose themselves.
MobiePay: Secure Fiat & Digital Currency Payment Solution
Launched in 2018, MobiePay is an innovative fiat and digital currency payment solution to customers and businesses.
4 Banks for Crypto Companies
Just like any other new business, fledgling crypto brokerages, exchanges, and other companies handling assets related to crypto activities need a banking relationship. Though many enthusiasts hope that decentralized blockchain technology will lessen or even eliminate reliance on central banking [...]
How Cryptocurrency Miners can hedge their inventory to increase ROI
In this article we outline an essential, stripped down list of how Cryptocurrency Miners can use financial instruments to increase their ROI by holding inventory. Read our detailed feature on CoinTelegraph! Most cryptocurrency miners sell their coins mined as soon [...]
Common High-Frequency Trading Strategies for Digital Asset Hedge Funds
Check out some of these high-frequency trading strategies for digital asset hedge funds below: Arbitrage: This is the most fundamental high-frequency trading strategy where the trader aims to capture a difference between two markets, buying an asset at a low [...]