Digihost Sees Bitcoin Holdings Fall Below 100 BTC In November
Digihost Technologies (TSXV: DGHI) this morning provided the latest stats for its monthly bitcoin production. The firm managed to produce a total of 61.32 bitcoin during the month of November, down from 74.58 bitcoin in October. Total bitcoin holdings continue to decline for the company, with the firm falling below the 100-bitcoin mark during November […]
Coinbase Halts NFT Transfers on iOS Wallets, Blames Apple’s 30% App Tax
Coinbase (NASDAQ: COIN) said it has halted all NFT transfers for customers using its iOS wallet, citing Apple’s (NASDAQ: AAPL) in-app purchase policy on gas fees. The crypto exchange took to Twitter to express its grievances with Apple on Thursday, exclaiming the tech giant is forcing Coinbase to pay gas fees via Apple software, from […]
Stock-Based Comp Paid By Growth Companies Is Ridiculously High – And Investors Have Paid Attention
Many growth companies choose to compensate their employees via a mixture of cash and newly issued shares of their common stock. The value of the stock issued to employees in place of cash is expensed and frequently causes the company to report “low” levels of earnings under GAAP accounting. However, a company often discloses a companion (company-friendly) “adjusted […]
Sam Bankman-Fried Admits FTX Issued Fake Bitcoin
The failed FTX founder Sam Bankman-Fried’s apology roadshow continues and like how a fish gets caught in the mouth, the once crypto wunderkind is slowly unraveling the mirage he put up. In a Twitter space touted “SBF First Crypto Appearance” by Mario Nawfal’s The Crypto Roundtable, Bankman-Fried was asked to expound on why there’s no […]
Company Profile: Slave Lake Zinc
Slave Lake Zinc Corp. (CSE: SLZ) was formed to seek metals that are deemed essential raw materials for today’s era of electric vehicles, renewable energy and other industries that are emerging to help fight climate change. The company is focusing on developing its massive 76.25 square kilometre O’Connor Lake zinc-lead project located in the South […]
South Dakota Governor Bans TikTok From State-Owned Devices
Government employees, agencies, and contractors in South Dakota will no longer be allowed to download the TikTok app or access the website on government devices, according to an executive order signed by Governor Kristi Noem. TikTok, the popular video streaming app owned by the Chinese company Bytedance, Ltd., has been facing mounting scrutiny from all […]
German State Declares Emergency, Requests Additional Loans to Cope With Energy Crisis
Germany’s largest state is declaring a financial emergency thanks to skyrocketing energy prices, in an effort to get access to much-needed debt. North Rhine-Westphalia (NRW), where 20 of Germany’s 50 largest companies are located, proclaimed an “extraordinary emergency situation” earlier this week, in order to receive additional loans from the government, circumventing a law restricting […]
ECB Frowns On Bitcoin, Says It’s Headed For “Irrelevance”
The European Central Bank (ECB) stated on Wednesday that bitcoin is being artificially pushed up and should not be legitimized by authorities or financial firms as it approaches “irrelevance.” The ECB said in a blog post that bitcoin’s recent stabilization was “an artificially induced last gasp before the road to irrelevance.” “Big bitcoin investors have […]
Liver King Wants To Talk About Alleged Steroid Use, But Only On A “Big Mainstream, Long-Form Podcast”
Speaking of lies, online fitness influencer Brian Johnson, a.k.a ‘Liver King,’ became the subject of controversy this week when a rival shared what he claims to be evidence that Johnson has been using steroids. For those who are just getting caught up, Johnson has amassed millions of followers on social media (1.7 on Instagram and […]
The Uranium Supply Squeeze Will Just Get Tighter — With Scott Melbye
Joining us today on the Daily Dive is Scott Melbye, CEO of Uranium Royalty Corp (TSXV: URC). Scott sits down with us this afternoon to share his insights on nuclear power adoption, and how a recession would impact the uranium market. He also shares with us his thoughts on what would drive up uranium prices. […]