Pacific Resources completes Snowstorm acquisition for $200,000
Pacific Resources (ASX:PXR) completed its acquisition of the Snowstorm Gold Project by making a final $200,000 payment.
Mahathir Bayena
Crypto JournalistCrypto journalist for Grafa, with nearly 10 years of experience covering blockchain, Web3, and NFT gaming trends. MBA & Economics grad.
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London Stock Exchange plans 24-hour trading by 2027
The London Stock Exchange is reportedly planning to introduce 24-hour trading by 2027 as it seeks to modernise its market and compete more effectively with global exchanges.
Cryptocurrency
Grayscale proposes cash payouts for ETH and SOL staking
Grayscale Investments has proposed distributing staking rewards as cash to investors in its Ethereum (CRYPTO:ETH) and Solana (CRYPTO:SOL) investment products.
Australian Government outlines five space focus areas
The Australian government unveiled a new statement on space establishing five focus areas to expand local industrial capability.
Cryptocurrency
CZ says Bitcoin's fixed supply beats AI hype
Binance founder Changpeng Zhao, widely known as CZ, said Bitcoin (CRYPTO:BTC) retains a key advantage over artificial intelligence because its supply is permanently capped.
Law and legal
SEC sues Mining Automatic over alleged $22M scheme
The US Securities and Exchange Commission has filed a lawsuit against Mining Automatic and its founder, accusing them of running an alleged US$22 million fraudulent crypto mining investment scheme.
Alkane Resources proposes maiden dividend on $454M cash
Alkane Resources (ASX:ALK) delivered Q4 gold equivalent production of 42,491 ounces, boosting its total cash balance to $454 million.
Technology
Vertiv acquires Strategic Thermal Labs to enhance cooling
Vertiv (NYSE:VRT) acquired Georgetown, Texas-based Strategic Thermal Labs to expand its advanced direct-to-chip liquid cooling solutions for AI infrastructure.
Prologis $18.2 billion takeover bid rejected by Segro
Prologis (NYSE:PLD) announced its third enhanced takeover bid valued at £13.5 billion was rejected by Segro.
Retail
Destination XL Group urges vote against FullBeauty merger
Destination XL Group (NASDAQ:DXLG) filed a preliminary proxy statement with the SEC regarding its pending merger agreement with FBB Holdings I, also known as FullBeauty.