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Showing posts with the label growth

CleanSpark mined 493 Bitcoin in September

CleanSpark also increased its hashrate by 187% between September 30, 2023, and September, 30, 2024 Expansion and acquisitions are crucial for organic growth Bitcoin miner CleanSpark (CLSK) mined 493 BTC in September, according to details in an unaudited update published on October 4. This brought the company’s total bitcoin mined year-to-end of September to 5,079, as per details in a mining update. Moreover, total BTC mined in FY2024 rose to 7,098. With these figures, the total Bitcoin treasury holdings rose to 8,049 as of September 30. While the increase marked a 258% spike over the past year as of the end of September, CleanSpark noted it sold 2.5 BTC during the month. Another year, another proven track record. 🏎️🛣️🏁$CLSK finished FY2024 with over 8,000 #bitcoin in treasury, reaching 27.6 EH/s in hashrate and 552 MW of operational capacity at wholly-owned sites. These are increases of 258%, 187% and 132% from FY...

Valour plans 20 new crypto ETPs in 2024 amid market growth

Valour Inc., a major subsidiary of DeFi Technologies, is introducing up to 20 new crypto currency Exchange Traded Products (ETPs) in 2024. The ambitious expansion plan aligns with the growing global demand for crypto and blockchain ETPs from both retail and institutional investors. Valour’s decision to expand into the ETP segment is influenced by the recent surge of its market share on Swedish exchanges, soaring to an impressive 42.71% as of November 2023, up from 28% at the end of October.  You might also like: Bitcoin surges past $42k in a year-long rally Valour has also experienced a notable increase in Assets Under Management (AUM), escalating to CAD $356.5 million by the end of November. The acceleration represents an 11.41% increase from early November, building on a 23% growth since Oct. 30th. The rising AUM underscores the solid regional demand for Valour’s varied range of exchange-traded digital asset products and reflects the company’s successful str...

DeFi driving zkSync growth as 1inch deploys on Ethereum layer-2 scaling platform

1inch Network is the latest decentralized Finance protocol to deploy on Ethereum layer-2 scaling platform zkSync Era. Decentralized finance (DeFi) protocol 1inch has deployed its aggregation and limit order protocols on Ethereum layer-2 scaling solution zkSync Era to tap into faster and cheaper transactions. 1inch Network is the latest of a host of Ethereum-based platform s and services to deploy on the zero-knowledge proof (zk-proof) based scaling platform . Uniswap, SushiSwap, Maker and Curve Finance have also launched on the zk-proof roll-up zkSync Era. 1inch Network co-founder Sergej Kunz highlighted the promise of the layer-2 solution as his platform joins a handful of first-movers to integrate with the zk-proof powered protocol: “As zkSync Era gains steam, 1inch users will benefit from faster and cheaper transactions.” A statement from Matter Labs CEO Alex Gluchowski, who heads up the zkSync development firm, notes that DeFi protocols have been a major factor in the uptake o...