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Bitcoin, Ethereum And Cardano Among Major Cryptocurrencies To Fall As China Expands Mining Crackdown

Bitcoin, Ethereum And Cardano Among Major Cryptocurrencies To Fall As China Expands Mining Crackdown

Share to FacebookShare to TwitterShare to LinkedinTopline The value of major cryptocurrencies—including bitcoin, ethereum, cardano and ripple—fell Wednesday after China’s Anhui province announced sweeping plans to ban cryptocurrency mining, the latest region to block the power-hungry practice as Beijing intensifies its crackdown on the industry. Bitcoin mining is an energy intensive process. getty Key Facts…

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CurrencyWorks Announces $3.75 Million Registered Direct Offering

Los Angeles, CA, July 11, 2021 (GLOBE NEWSWIRE) — CurrencyWorks Inc. (“CurrencyWorks” or the “Company”), (CSE: CWRK and OTCQB: CWRK), a blockchain pioneer, NFT, and digital payment provider, today announced that it has entered into securities purchase agreements with institutional investors for the purchase of 4,687,500 shares of common stock and warrants to purchase 4,687,500…

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Another Near Billion-Dollar Cannabis Acquisition Signals More Hyper Valuations To Come

VANCOUVER, B.C., July 9, 2021 /PRNewswire/ — USA News Group  –  As part of its recent cannabis M&A spree,  HEXO Corp. (NYSE: HEXO) (TSX: HEXO) spent nearly another billion dollars, acquiring  Canada’s largest privately-owned licensed cannabis producer Redecan for C$925 million. By adding Redecan, HEXO continues to grow its large portfolio of brands and production operations, as well as new cannabis…