Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: admin
Bitmine Immersion Technologies Announces Proposed Series A Perpetual Preferred Stock Offering
NORWALK, Conn., June 4, 2026 /PRNewswire/ — Bitmine Immersion Technologies, Inc. (NYSE: BMNR) (“BMNR,” “Bitmine” or the “Company”) today announced that, subject to market and other conditions, it intends to offer, in a public offering (the “offering”) registered under the Securities Act of 1933, as amended (the “Securities Act”), 3,000,000 shares of BMNR’s 9.50% Series A Perpetual Preferred Stock (the “Series A Preferred Stock”). BMNR intends to use the net proceeds from the offering for general corporate purposes, which may include the acquisition of additional ETH and other digital assets; the expansion of the Company’s staking and validator infrastructure, including…
Mahe, Seychelles, June 3rd, 2026, Chainwire Whale.io is excited to announce the official the launch of Whale Printer, an on-platform staking system for the native $WHALE token. The feature enables eligible token holders to lock $WHALE for fixed periods in exchange for predetermined token rewards. The staking system is structured around three lock-up periods, each associated with a fixed multiplier and corresponding annual percentage yield (APY): $WHALE Staking Yields Whale Printer offers three straightforward lock periods with impressive returns: 90 days (1.2x multiplier) — 107.8% APY 180 days (1.5x multiplier) — 129% APY 365 days (3x multiplier) — 200% APY…
Mexico City, Mexico, June 3rd, 2026, PlayNewswire The international crypto entertainment platform 1win has announced the addition of Ilia Topuria to its VIP community. The signing of the contract with the fighter became publicly known on June 2, 2026. Topuria becomes a new member of the global 1win VIP Community, the brand’s exclusive project that brings together prominent figures from sports, music, and entertainment industries. One of the most dominant fighters of his generation, Topuria remains undefeated with a professional MMA record of 17 wins and 0 losses. His excellence in sport will become a unique asset and source of…
Crypto markets are a bloodbath today, with total capitalization shedding billions and falling to multi-month lows. Crypto markets have dumped 4.9% or a whopping $140 billion over the past 24 hours, sending total capitalization to $2.37 trillion, its lowest level since early April. Over the past 24 hours, 265,000 traders were wrecked, and the total liquidations were a whopping $1.63 billion, according to Coinglass. Around 89% of those were long positions, predominantly in Bitcoin and Ethereum. “Liquidation levels below the current price are likely to hit many traders in the next hours,” said Joao Wedson, founder of Alphractal. “When price…
Bitcoin fell into the mid-$67,000s on Tuesday, dragging the entire ecosystem of crypto-linked equities with it. Bitcoin shed more than 11% over the past week, crashing below $67,000 for the first time since early April, according to Bitcoin Magazine Pro data. The drop hit crypto treasury stocks with full force. Strategy (NASDAQ: MSTR) tumbled 9.15% on Tuesday, trading at $136.08 at close, with a session low of $134.11 — dangerously close to its 52-week floor of $104.16. Coinbase Global (NASDAQ: COIN) fell 4.23%, to $173.74. And Strive, Inc. (NASDAQ: ASST), the Vivek Ramaswamy-founded bitcoin treasury company, dropped 6.23% to $16.10…
The legacy financial and digital frameworks propping up the current internet architecture face an imminent, existential crisis.Evin McMullen, co-founder and CEO of Billions Network, told CoinDesk in an interview during the Proof of Talk conference in Paris that tech giants and global telcos are actively scrambling to deal with an impending collapse of their primary revenue engine: display advertising.As autonomous AI agents replace human-driven semantic search, the traditional system of monetizing user eyeballs breaks down completely, she added.”They are terrified—existentially threatened,” McMullen said bluntly, describing the internal reaction of media and telecommunications conglomerates approaching her firm. “AI agents don’t have…
Senators Bernie Sanders and Elizabeth Warren are calling on the Trump administration’s Labor Department to scrap a rule that would open America’s retirement savings accounts to Bitcoin and other cryptocurrencies — a move the lawmakers say puts workers’ financial futures at risk while lining the pockets of President Trump and his family. In a 14-page letter sent Monday to Acting Labor Secretary Keith Sonderling, Sanders (I-VT) and Warren (D-MA) joined House Education and Workforce Committee ranking member Rep. Bobby Scott (D-VA) to condemn a proposed Department of Labor rule floated in March. The rule would give 401(k) plan fiduciaries cover…
Peter Schiff predicted Bitcoin would break below $50,000 and then quickly plunge under $20,000, sparking a strong wave of pushback across the entire crypto community on X. We break down what Schiff actually said, the market context behind his call, and how Bitcoiners fired back at the veteran gold advocate. Why Peter Schiff Is Predicting a Bitcoin Crash Peter Schiff is the chief of Euro Pacific Capital and one of the longest-running Bitcoin skeptics in finance. He took to X on Tuesday to argue that excessive complacency signals the crypto market remains far from a bottom right now. “When Bitcoin…
After the latest Ethereum (ETH) pullback, some analysts have pointed to a bearish setup that suggests the leading altcoin could see another correction toward its potential market bottom. Related Reading Ethereum Bear Setup Breakdown Spells Trouble On Tuesday, Ethereum saw a 5.5% intraday drop from its daily opening, falling below the $1,900 barrier for the first time since late February. Notably, the King of Altcoins broke down from its five-day range between $1,965-$2,035, reaching a two-month low of $1,880. Amid today’s broader pullback, which also sent Bitcoin (BTC) toward the $67,000 support, market observer Trader Tardigrade affirmed that ETH’s final…
A $175 million Polymarket market on MicroStrategy’s Bitcoin holdings resolved against traders after the platform posted a late rules clarification, reigniting questions about whether its UMA oracle system is fit for purpose.A trader says he lost $500,000 on Polymarket after the platform rewrote the resolution conditions of a $175.2 million market after an SEC filing confirmed MicroStrategy had sold 32 Bitcoin before the May 31 deadline.The case has exposed two compounding problems: a platform willing to alter market intent after the fact, and a decentralized oracle resolution system that critics say is now effectively controlled by a small bloc of…

