Ault Alpha Buys 50M Shares of BitNile Since September 2021

Diversified holding company BitNile announced that its related party Ault Alpha had purchased a total of 50 million shares of BitNile common stock since September 2021. The amount equates to roughly 13% of BitNile at the time of writing.

As of Sept. 30, BitNile reported approximately $610 million in total assets. The company also recently purchased Circle 8.

(by Zeynep Geylan)

Original Link

Comments

All Comments

Recommended for you

CARV announces completion of $10 million Series A financing, with OKX Ventures participating

CARV announced the completion of a $10 million Series A financing round, led by Tribe Capital and IOSG Ventures. Consensys, OKX Ventures, Fenbushi Capital, No Limit Holdings, Draper Dragon, Arweave, ARPA, MARBLEX, and others participated in the round. The aim is to build the largest modular data layer for gaming and artificial intelligence, and to maximize data innovation while ensuring that individual users can derive value from internet sharing.Jeff Ren, partner at OKX Ventures, said, "CARV's revolutionary approach is reshaping the way we manage decentralized data. Its modular cross-chain protocol and ID aggregation solution cultivate data sovereignty and integrity while emphasizing security and efficiency. We are excited about this collaboration and look forward to seeing how OKX Web3 products can better collaborate with CARV's advanced cross-chain data layer."
DePIN project Natix completes $4.6 million financing

DePIN project Natix has announced the completion of a $4.6 million financing round, led by Borderless Capital and Tioga Capital, with participation from Laser Digital, Big Brain Holdings, Escape Velocity, IoTeX, WAGMI Ventures, Moonrock Capital, under Nomura Securities (Nomura), as well as a group of angel investors. Natix is a DePIN project focused on map data, and is reportedly about to release tokens and airdrops on Solana.
Movement Labs raises $38m to enhance Ethereum ecosystem with Facebook's Move Virtual Machine

San Francisco-based blockchain development team, Movement Labs, has raised $38m in Series A funding led by Polychain Capital and featuring participation from a range of investors. The funds will be used to bring Facebook’s Move Virtual Machine to Ethereum, addressing smart contract vulnerabilities and enhancing transaction throughput. Movement Labs aims to tackle smart contract vulnerabilities within the Ethereum ecosystem while introducing a novel execution environment designed for 30,000+ transactions per second.
Cointime精选 ·

Calculating Virtual GDP

Cost Accounting Method
Cointime精选 ·

State of BNB Chain Q1 2024

The metrics in this report will focus on BNB Smart Chain (BSC). BSC is an EVM-compatible, layer-1 blockchain secured by a form of Proof-of-Staked-Authority (PoSA) that combines aspects of Proof-of-Authority (PoA) and Delegated Proof-of-Stake (DPoS). In PoSA on BSC, the validator set is of fixed size and is elected by stake weight (staked plus bonded). In addition, validators must continue staking assets to secure the network, and validators chosen to produce blocks are rotated (not based on stake weight). For a full primer on the BNB Chain ecosystem, refer to our Ecosystem report.
Cointime精选 ·

Holesky SafeStake Testnet & Private mainnet: Why participate now?

One of SafeStake’s great strengths in the last two years has undoubtedly been the hard work at the development level to deliver a highly resilient and decentralized staking framework and protocol, facilitating the onboarding of thousands of users to the fascinating world of ETH staking with DVT technology.
Messari ·

State of TRON Q1 2024

TRON (TRX) is a public open-sourced blockchain network using a Delegated-Proof-of-Stake (DPoS) mechanism. It utilizes an election mechanism that determines who maintains the network. All TRX stakers vote onchain on which candidates they want to become Super Representatives. In each epoch, the top 27 most voted-for candidates become Super Representatives within the active set and take turns producing blocks. An election occurs every six hours.
Cointime精选 ·

Blockchain Life 2024 thunderstruck in Dubai

Dubai, April 17, 2024 - The 12th edition of the Blockchain Life Forum, known as the leading gathering for global cryptocurrency leaders, concluded with an impressive turnout of 10,162 attendees despite the unprecedented storm that happened in Dubai.
Modular Data Layer for Gaming and AI, Carv, Raises $10M in Series A Funding

Santa Clara-based Carv has secured $10m in Series A funding led by Tribe Capital and IOSG Ventures, with participation from Consensys, Fenbushi Capital, and other investors. The company plans to use the funds to expand its operations and development efforts. Carv specializes in providing gaming and AI development with high-quality data enhanced with human feedback in a regulatory-compliant, trustless manner. Its solution includes the CARV Protocol, CARV Play, and CARV's AI Agent, CARA. The company is also preparing to launch its node sale to enhance decentralization and bolster trustworthiness.
Universal verification layer Aligned Layer completes $20 million Series A financing

Ethereum's universal verification layer Aligned Layer has completed a $20 million Series A financing round, led by Hack VC, with participation from dao5, L2IV, Nomad Capital, and others. The Aligned Layer mainnet is scheduled to launch in the second quarter of 2024. As the EigenLayer AVS, Aligned Layer provides Ethereum with a new infrastructure for obtaining economically viable zero-knowledge proof verification for all proof systems.