Marathon

JAY-Z's Venture Capital Firm, Marcy Venture Partners (MVP) invests in 24 Year-old Founder Iddris Sandu on an innovative tech incubator shaping the metaverse

Friday, October 22, 2021 - 10:20am

LOS ANGELES, Oct. 22, 2021 /PRNewswire/ --Marcy Venture Partners (MVP) invests in 24 year-old technologist Iddris Sandu's impact-driven tech incubator: spatial LABS (sLABS).

Key Points: 
  • LOS ANGELES, Oct. 22, 2021 /PRNewswire/ --Marcy Venture Partners (MVP) invests in 24 year-old technologist Iddris Sandu's impact-driven tech incubator: spatial LABS (sLABS).
  • The multi-tiered partnership between MVP and sLABS will explore the unlimited possibilities at the intersection of tech, culture and humanity.
  • sLABS first endeavor is the launch of LNQ; an innovative, state of the art blockchain-enabled hardware platform.
  • "Iddris has a conscious world view and a youth centric vision that is innovative and refreshing to witness.

CrossAmerica Partners LP Maintains Quarterly Distribution

Thursday, October 21, 2021 - 9:20pm

ALLENTOWN, PA (October 21, 2021) CrossAmerica Partners LP (NYSE: CAPL) announced today that the Board of Directors of its general partner has approved a quarterly distribution of $0.5250 per unit attributable to the third quarter of 2021 (annualized $2.10 per unit).

Key Points: 
  • ALLENTOWN, PA (October 21, 2021) CrossAmerica Partners LP (NYSE: CAPL) announced today that the Board of Directors of its general partner has approved a quarterly distribution of $0.5250 per unit attributable to the third quarter of 2021 (annualized $2.10 per unit).
  • CrossAmerica Partners is a leading wholesale distributor of motor fuels, convenience store operator, and owner and lessor of real estate used in the retail distribution of motor fuels.Its general partner, CrossAmerica GP LLC, is indirectly owned and controlled by entities affiliated with Joseph V. Topper, Jr., the founder of CrossAmerica Partners and a member of the board of the general partner since 2012.
  • Formed in 2012, CrossAmerica Partners LP is a distributor of branded and unbranded petroleum for motor vehicles in the United States and distributes fuel to approximately 1,800 locations and owns or leases approximately 1,200 sites.
  • Accordingly, CrossAmerica Partners LPs distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.

Crypto Miners Reap the Benefits of an Increasingly Favorable Market Climate

Thursday, October 21, 2021 - 2:00pm

In addition, some of the problems that the crypto market was recently facing are already being resolved.

Key Points: 
  • In addition, some of the problems that the crypto market was recently facing are already being resolved.
  • Yet, some companies in the crypto and blockchain market have taken steps to improve the situation.
  • The increased demand for operational efficiency and transparency in financial payment systems, including data security, are major factors that drive the growth of the global cryptocurrency market.
  • Additionally, the increased demand for cryptocurrency among banks and financial institutions provides a lucrative opportunity for market expansion during the forecast period.

Crypto Miners Reap the Benefits of an Increasingly Favorable Market Climate

Thursday, October 21, 2021 - 2:00pm

NEW YORK, Oct. 21, 2021 /PRNewswire/ -- This year has been crucial for the future of the cryptocurrency and blockchain markets. Overall, the approach of financial institutions, businesses and even certain governments has significantly changed in recent years, as commercial payments are slowly warming up to the prospects of Bitcoin. One of the major reasons for this is that a Bitcoin payment is faster, cheaper, safer and less volatile than the local currencies in many countries. In addition, some of the problems that the crypto market was recently facing are already being resolved. For example, based on estimates from earlier this year, the Bitcoin network uses as much energy in one year as the country of Argentina. Yet, some companies in the crypto and blockchain market have taken steps to improve the situation. Manhattan Solar Partners, LLC, a joint venture between BIT5IVE, LLC and GMine LLC, recently announced plans to build crypto data centers utilizing more than a gigawatt of renewable energy in Texas. AGM Group Holdings Inc. (NASDAQ: AGMH), Riot Blockchain, Inc. (NASDAQ: RIOT), Marathon Digital Holdings, Inc. (NASDAQ: MARA), PayPal Holdings, Inc. (NASDAQ: PYPL), MicroStrategy Incorporated (NASDAQ: MSTR)

Key Points: 
  • In addition, some of the problems that the crypto market was recently facing are already being resolved.
  • Yet, some companies in the crypto and blockchain market have taken steps to improve the situation.
  • The increased demand for operational efficiency and transparency in financial payment systems, including data security, are major factors that drive the growth of the global cryptocurrency market.
  • Additionally, the increased demand for cryptocurrency among banks and financial institutions provides a lucrative opportunity for market expansion during the forecast period.

Mongo Holdings Hires Anthony Gattuso as Chief Operations Officer

Tuesday, October 19, 2021 - 9:50pm

ATLANTA, Oct. 19, 2021 /PRNewswire/ -- Mongo Holdings, the private investment entity of the Bierenbaum family office, has announced the hiring of Anthony Gattuso as their new COO.

Key Points: 
  • ATLANTA, Oct. 19, 2021 /PRNewswire/ -- Mongo Holdings, the private investment entity of the Bierenbaum family office, has announced the hiring of Anthony Gattuso as their new COO.
  • Gattuso will be responsible for driving the entity's investment growth and deepening the relationships with investment partners and customers.
  • Barry Bierenbaum, Mongo Holdings Chairman & CEO also shared, "My relationship with Anthony dates back 10+ years to when he was our Territory Manager with Marathon.
  • With Gattuso's arrival, the Mongo Holdings team will now consist of:

How the Rise in Digital Currency is Escalating the Growth Of Cryptocurrency Mining Market

Tuesday, October 19, 2021 - 2:15pm

Cryptocurrency mining refers to a method that involves exchanging different forms of cryptocurrency, validating and applying the digital ledger blockchain.

Key Points: 
  • Cryptocurrency mining refers to a method that involves exchanging different forms of cryptocurrency, validating and applying the digital ledger blockchain.
  • The cryptocurrency miner assists in updating the blockchain with the transaction when a cryptocurrency blockchain is done.
  • These support transactions help in providing enhanced security to network users, and ensures integrity, which is expected to be the prominent factor influencing growth of the global cryptocurrency mining market."
  • Merchants utilizing OLB's OmniSoft Business Management platform can transact with customers through digital wallets, cryptocurrency wallets, and traditional card-based payment.

How the Rise in Digital Currency is Escalating the Growth Of Cryptocurrency Mining Market

Tuesday, October 19, 2021 - 2:15pm

Cryptocurrency mining refers to a method that involves exchanging different forms of cryptocurrency, validating and applying the digital ledger blockchain.

Key Points: 
  • Cryptocurrency mining refers to a method that involves exchanging different forms of cryptocurrency, validating and applying the digital ledger blockchain.
  • The cryptocurrency miner assists in updating the blockchain with the transaction when a cryptocurrency blockchain is done.
  • These support transactions help in providing enhanced security to network users, and ensures integrity, which is expected to be the prominent factor influencing growth of the global cryptocurrency mining market."
  • Merchants utilizing OLB's OmniSoft Business Management platform can transact with customers through digital wallets, cryptocurrency wallets, and traditional card-based payment.

BitOoda’s Sam Doctor Joins Marathon Digital Holdings’ Advisory Board

Monday, October 18, 2021 - 9:05pm

LAS VEGAS, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company"), one of the largest enterprise Bitcoin self-mining companies in North America, today announced that crypto and blockchain researcher Sam Doctor has joined the Companys advisory board.

Key Points: 
  • LAS VEGAS, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company"), one of the largest enterprise Bitcoin self-mining companies in North America, today announced that crypto and blockchain researcher Sam Doctor has joined the Companys advisory board.
  • The purpose of Marathons advisory board is to help optimize our decisions by ensuring we have access to the best minds in this industry, said Fred Thiel, CEO of Marathon Digital Holdings.
  • Sam Doctor is widely considered to be one of the leading researchers in the Bitcoin mining industry and therefore well-suited to become the inaugural member of our advisory board.
  • Sam Doctor, commented, Marathon is one of the most innovative and forward-thinking Bitcoin mining companies, and I am pleased to be joining their advisory board.

Marathon Gold Investing in Newfoundland & Labrador

Monday, October 18, 2021 - 12:30pm

TORONTO, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (Marathon or the Company; TSX: MOZ) is pleased to provide an update on the ongoing project development activities at the Valentine Gold Project in central Newfoundland (the Project), with a specific focus on employment and procurement within the province of Newfoundland and Labrador (NL).

Key Points: 
  • TORONTO, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (Marathon or the Company; TSX: MOZ) is pleased to provide an update on the ongoing project development activities at the Valentine Gold Project in central Newfoundland (the Project), with a specific focus on employment and procurement within the province of Newfoundland and Labrador (NL).
  • Cooperation Agreements have been concluded with the six central Newfoundland communities located closest to the Project, identifying the interests of each community in employment, business opportunities, community investment, and environmental protection.
  • Of these packages, Newfoundland and Labrador sourced goods and services comprise 55% of the total by value, or 88% when the value of mobile mining and drilling equipment manufactured outside NL is excluded.
  • Marathon (TSX:MOZ) is a Toronto based gold company advancing its 100%-owned Valentine Gold Project located in the central region of Newfoundland and Labrador, one of the top mining jurisdictions in the world.The Project comprises a series of five mineralized deposits along a 20-kilometre system.

Renewed Optimism Spreads Throughout the Cryptocurrency Landscape

Thursday, October 14, 2021 - 2:00pm

"BLOK has provided investors with additional portfolio diversification through its unique portfolio makeup that includes the Bitcoin Investment Trust.

Key Points: 
  • "BLOK has provided investors with additional portfolio diversification through its unique portfolio makeup that includes the Bitcoin Investment Trust.
  • Blockchain technology is primarily known for one application today: cryptocurrency."
  • The Company expects to have the first 20 MW of power paired with rigs and running full-out by October 2021.
  • Headquartered inSydney,Australia, Mawson is a global digital infrastructure provider with diversified operations across cryptocurrency mining and digital asset management.