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Bitfarms has completed the acquisition of Stronghold Digital Mining

4 hours ago

On March 18th, according to Decrypt, the Bitcoin mining firm Bitfarms has announced the accomplishment of its acquisition of Stronghold Digital Mining. The deal is valued at $175 million, with $125 million in equity. Bitfarms stated that this acquisition will assist the company in optimizing operations by making use of the newly acquired data centers and will provide computing resources to an AI company, thereby promoting its growth in high-performance computing and AI. This acquisition not only raised Bitfarms' market valuation but also made it more difficult for its competitor, Riot Blockchain, to acquire it. Since 2023, Riot has been trying to acquire Bitfarms, and this transaction may enhance Bitfarms' position in the industry consolidation.
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「Hyperliquid's 50x Whale」 closes all long positions and opens additional short positions on BTC

On March 18th, according to Ashes Monitor, the "Hyperliquid 50x Whale" liquidated a position with a small loss and closed out the long positions in MELANIA and HYPE. Subsequently, it re-entered a short position in BTC. Currently, the 40x leveraged short position holds a total of 6210 BTC, and 16.75 million USDC has been transferred to Hyperliquid as collateral, which represents all the funds in the address.

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Arbitrum Developers Launch Onchain Labs to Support Early-Stage Projects

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Aptos Launches LFM Program to Assist Ecosystem Projects in Preparing for TGE

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mubarak Market Cap Surpasses $1.9 Billion, Reaching an All-Time High

On March 18th, according to GMGN market data (accessible via https://t.me/GMGN_sol_bot?start=i_m4TE56o8), the market capitalization of mubarak has exceeded 1.9 billion US dollars. It is currently reported at 1.908 billion US dollars, reaching a new all-time high, with a 24-hour increase of 130%. BlockBeats reminds users that many Meme coins have no practical use cases and experience significant price volatility. Therefore, investment should be approached with caution.

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Trump and his associates made a $390 million profit from the WLFI token issuance.

On March 18th, as per Bloomberg, the cryptocurrency project championed by former U.S. President Donald Trump - World Liberty Financial - has concluded its second round of token sale, amassing a total of $550 million. WLFI has earmarked $30 million for company-related expenses and other outlays. According to the issuance document of World Liberty's initial token sale, Trump and his affiliated company DT Marks DEFI LLC will obtain 75% of the net proceeds as fees, which amounts to $390 million. Furthermore, token purchasers are currently prohibited from reselling the tokens and do not possess any entitlement to profits. The project initiated its initial token sale in mid-October of the previous year and promoted it to both U.S. and non-U.S. investors.

10 minutes ago

pump.fun deposited 196,370 SOL to Kraken, worth approximately $25.31 million

On March 18th, as monitored by Onchain Lens, 1 hour ago, pump.fun made a deposit of 196,370 SOL into Kraken. This deposit is equivalent to approximately $25.31 million.

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