Riot Platforms Inc. is a technology company that focuses on cryptocurrency mining, specializing in Bitcoin. The company operates large-scale mining facilities that utilize advanced hardware to generate and validate cryptocurrency transactions on blockchain networks. Riot Platforms is committed to expanding its mining capabilities while emphasizing sustainable energy practices and efficiency in its operations. Additionally, the company explores opportunities in the broader blockchain ecosystem, positioning itself to capitalize on the evolving landscape of digital currencies and related technologies. Read More
Crypto stocks rallied in tandem with Bitcoin’s surge, with Riot Platforms, TeraWulf, and Marathon Digital rising more than 5% in pre-market trade on Thursday.
The weekend was a whirlwind of activity in the financial world, with a particular focus on cryptocurrencies. From Peter Schiff’s surprising preference for Dogecoin over Bitcoin to Riot Platforms’ Q1 results, there was no shortage of intriguing developments. Let’s dive into the top stories. Peter Schiff Prefers Dogecoin Over Bitcoin
Strategy Inc. (NASDAQ:MSTR) executive chairman Michael Saylor expressed optimism about the growing adoption of the Bitcoin standard among businesses on Thursday.
North Korean hackers have reportedly managed to create two fake companies in the U.S., slipping past Treasury Department sanctions in an effort to target crypto developers with malware. The companies, Softglide LLC and Blocknovas LLC were registered in New York and New Mexico, respectively, using fake addresses and names.
North Korean hackers have reportedly managed to create two fake companies in the U.S., slipping past Treasury Department sanctions in an effort to target crypto developers with malware. The companies, Softglide LLC and Blocknovas LLC were registered in New York and New Mexico, respectively, using fake addresses and names.
Riot Platforms shares are trading higher by 7.1% during Wednesday's session. The company announced it has secured a $100 million credit facility from Coinbase.
South Korea is taking strong action against cryptocurrency platforms that fail to comply with its financial regulations. In a major move to safeguard investors, the government has ordered the removal of multiple unregistered crypto exchange apps from both Apple’s App Store and Google’s Play Store. These apps were operating illegally in the country, violating South Korea’s strict rules for digital asset businesses.
Shares of Riot Platforms Inc. (NASDAQ: RIOT) are trading lower Monday, nearing 52-week lows as crypto-linked stocks continue to face selling pressure amid broad investor caution and recent company updates.
