CryptoSlate

This public company now controls 18% of Zcash mining power after $33 million Winklevoss-linked deal

This public company now controls 18% of Zcash mining power after $33 million Winklevoss-linked dealWorldPing

Only 5.38 million shares are initially issuable, leaving most of the deal's equity impact behind an approval gate.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

Related news

SEC Proposes New Crypto Rules With a $75 Million Offering PathWorldPing
Bitcoin.com

SEC Proposes New Crypto Rules With a $75 Million Offering Path

The SEC proposed specialized exemptions for certain crypto investment contracts, including a pathway for offerings reaching $75 million annually. The plan also introduces a conditional safe harbor and federal disclosure requirements.

Brief by WorldPing · Original reporting by Bitcoin.com

BitBox Warns Bitcoiners After Discovering ‘Severe’ Vulnerability In FirmwareWorldPing
Bitcoin Magazine

BitBox Warns Bitcoiners After Discovering ‘Severe’ Vulnerability In Firmware

Bitcoin Magazine BitBox Warns Bitcoiners After Discovering ‘Severe’ Vulnerability In Firmware Bitcoin wallet manufacturer BitBox has told users it was able to fix “severe vulnerabilities” with its hardware wallet’s firmware, and reassured users that…

Brief by WorldPing · Original reporting by Bitcoin Magazine

Winklevoss-Backed Cypherpunk Seizes 18% of Total Zcash HashrateWorldPing
Bitcoin.com

Winklevoss-Backed Cypherpunk Seizes 18% of Total Zcash Hashrate

On Tuesday, Cypherpunk Technologies disclosed that it has launched a U.S.-based zcash (ZEC) mining fleet with about 4.2 GSol/s of computing power after completing a $33.33 million equity transaction with Winklevoss Capital.

Brief by WorldPing · Original reporting by Bitcoin.com