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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, April 28, 2021 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSXV: DMGI) (DMGGF: OTCQB) (FSE: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company is pleased to announce that it has entered into a securities purchase agreement for a private placement of its common shares (“Common Shares”) and warrants to purchase common shares (“Warrants”) to institutional investors only for aggregate gross proc...

120% revenue and 5 times EBITDA growth delivers first annual profit Argo Blockchain Plc, a global leader in cryptocurrency mining (LSE: ARB), is pleased to announce its audited results for the year ended 31 December 2020. Financial Revenue increased by 120% to £19.0m (2019: £8.6m) Total number of Bitcoins mined rose from 1,330 in 2019 to 2,465 in 2020, an 85% increase in annual production Mining margin 41% (2019: 60%) despite challenging market conditions, including Bitcoin halving in May 2020 and the global impact of the COVID-19 pandemic Administrative expenses were reduced by £1.1m to �...

These Top Hedge Funds are Buying Coinbase and Other Bitcoin Stocks In this article we will take a look at the top hedge funds buying Coinbase and other bitcoin stocks. You can skip our comprehensive analysis of the crypto industry and go directly to Hedge Funds are Buying Coinbase and These 5 Bitcoin Stocks . Hedge funds are loading up on crypto stocks as the market for cryptocurrencies grows into a multi-trillion dollar monster that shows no signs of being tamed. The positive investor sentiment around blockchain, and digital-only currencies in general, seems driven by crypto stock rallies ov...

Central Bank Controlled Digital Currencies to leverage Blockchain Technology and Social Credit Systems Unlike Bitcoin, which represents a form of decentralized finance, digital currency planned in China is anticipated to leverage both the best and worst aspects of blockchain from an everyday citizen's perspective. It is anticipated that China will leverage its soon to be released currency as a means of controlling the commerce of its population. The sovereign nation may do by way of tracing payments between buyers and sellers via blockchain. Used in conjunction with the country's social credi...

Shares in crypto mining firm Argo Blockchain soared by over a quarter today after it announced a deal to develop a new mining facility in West Texas. It means the company's share price is now valued at more than 4,000 per cent higher than at the same time last year when it was trading at less than 5p. The group said it had hired digital currency miner Navier on a monthly retainer to provide 'consulting services' such as developing an electrical infrastructure that will support 200MW of mining at the future facility in Helios. Crypto-mining provider Argo Blockchain has hired digital currency ...