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Bitfarms is pleased to announce that it has entered into a preliminary agreement for a $300 million private debt financing.

23 hours ago

On April 2nd, the Nasdaq-listed mining firm Bitfarms announced on the X platform that it has reached a preliminary agreement on a $300 million private debt financing with the Macquarie Group to provide funds for the initial development of the HPC project at Panther Creek in Pennsylvania. The initial funding amount is $50 million, and the maximum drawdown after the final documentation is signed is $300 million. It is expected that the Macquarie Group will fund the initial construction of the Panther Creek data center on a nondilutive basis.
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European Union member states will vote on April 9th on retaliatory measures against U.S. steel and aluminum tariffs.

On April 3rd, a senior EU official announced that EU member states will conduct a vote on retaliatory measures against U.S. steel and aluminum tariffs on April 9th. (Forex Live)

19 minutes ago

Justin Sun: Met with Hong Kong Legislative Councilor Wu Chi-wai and submitted relevant documents to regulatory authorities and judicial agencies regarding the FDT case

On April 3rd, Justin Sun made a post on the X Platform, saying, "I had a meeting with Hong Kong Legislative Councilor Wu Chi-wai and reported a case where nearly 500 million US dollars of customer reserve funds were embezzled by First Digital Trust (FDT). We have submitted relevant materials to regulatory authorities and law enforcement agencies. We are confident that we will be able to recover the funds and make those responsible for the fund theft be held accountable in accordance with the law."

19 minutes ago

「After the Hype: What's Next for the Meme Space?」 Topic Space will kick off today at 19:30 in the Rhythm Official Livestream.

19 minutes ago

Babylon Unveils BABY Tokenomics: Total Supply of 10 Billion, Community Incentives Account for 15%

On April 3rd, Babylon declared the BABY tokenomics. The total supply of tokens is 10 billion, and it is distributed as follows: 15% for community incentives, 18% for research and operation, 30.5% for early private investors, 15% for the team, and 3.5% for advisors.

19 minutes ago

Whales are accumulating $PARTI recently.

0xEa4C and 0x2507(probably belong to the same whale) withdrew 2M $PARTI($685K) from #Binance 6 days ago. Whale @dingalingts spent 33.3 $BNB($20K) to buy 100,838 $PARTI 12 hours ago.

19 minutes ago

The Impact of Trump's Tariffs on the Bitcoin Mining Industry Supply Chain

On April 3rd, according to Bloomberg, Trump's announcement of imposing additional tariffs has had an impact on the Bitcoin mining industry. Many large mining companies are located in the United States but have supply chains in Asia. Bitmain Technologies based in Beijing has production lines in Indonesia, Malaysia, and Thailand. Lin, the hardware director at Bitcoin mining software and services company Luxor Technology, said that she had to move about 5600 Bitcoin mining machines from Thailand to the United States within less than 48 hours. Trump announced on Wednesday that starting from April 5th, a minimum of 10% tariff would be levied on all goods exported to the United States, along with additional tariffs on the 60 countries with the largest trade imbalances with the United States. Thailand and Malaysia will respectively face harsher tariffs of 36% and 24%, which will come into effect on April 9th.

19 minutes ago