Digital Farms, the crypto mining subsidiary of DPW Holdings (DPW.NYSE), has permanently closed its doors crying about the hashrate, even despite market recovery.
Bitcoin’s volatility is hard to gauge. Minor spikes and dips happen all the time, and what cryptocurrency enthusiasts consider to be minor are catastrophic and atmospheric bounces to traditional stocks and bonds. But when the shit hits the fan it really distributes the proceeds widely, as we saw earlier this month as the effects of the coronavirus caused a monumental dive in Bitcoin’s fortunes. Since then, though, it’s been in recovery. First in drips and drabs, and then occasionally in large 10% bounces and finally to where we are today, with Bitcoin’s price resting at roughly between $9,000 and $9,500, which is up from its lowest point three weeks ago at $6,773.20.
Remember the halcyon days where the biggest global concern was the warming planet? It seems like a long time ago, but it was maybe a month ago. It’s true that the decreased boat traffic through the waterways of Venice have let some of the sediment settle, leaving the canals looking clean. The lack of intercontinental cruise-ship travel has slowed the spread of invasive species. Yet, despite claims that the earth is starting to slowly encroach on human dominion once again, the climate isn’t really improving. We still have all the same problems—it’s just that the news media (guilty!) has a brand new shiny story to direct our attention so we can direct your attention.
Future FinTech Group (FTFT.Q) acquires an asset management company but do they have a clue? (Crosspost)
Blockchain-based Future FinTech Group (FTFT.Q) entered into a non-binding equity acquisition agreement with Joyrich Enterprises Limited to acquire 51% interest in Nice Talent Asset Management Limited (NTAM) today.
Medipharm Labs (LABS.T) completed its first shipment of bottled cannabis topicals under a contract manufacturing agreement, and accelerated their research and development program to expand the company’s presence in the topicals market, yesterday.
Mind Medicine (MMED.E) started enrolling candidates for further human safety trial studies of 18-MC, the company’s orally taken ibogaine derivative for the treatment of opioid addiction.
Earlier this week, SS&C Technologies Holdings (SSNC.Q) agreed to acquire Captricity, which makes the data transformation platform, Vivado.
Boardwalktech Software (BWLK.V) uses distributed ledger tech to tell compelling stories (Crosspost from The Digital Decrypter))
Boardwalktech Software (BWLK.V) announced that its expanding its digital ledger platform contract with an existing global food products manufacturing company.
Being working class in the United States in the time of Donald Trump is a curious endeavour. The stories coming from some of my friends to the south would turn your hair white. Otherwise bright, hard-working people, who because of a pre-existing condition find themselves out on the lam in terms of medical costs, so they have to pay a substantial amount of their savings for a sprained ankle. Then there’s the lack of federal support during COVID-19, including Trump’s now world-famous tweet about reopening the country for business despite the virus for fear of tanking the economy.