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TuesdayDec 27, 2022 11:42 am

NetworkNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Begins Ethereum Staking Operations, Enters Partnership

Bit Digital Inc. (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has officially begun Ethereum staking operations. The company announced that it plans to delegate, or stake, its ETH holdings to an Ethereum validator node in order to help secure and strengthen the blockchain network; the announcement also noted that stakers will be compensated for this commitment in the form of a reward of the native network token. In addition to beginning operations, the company has entered a new partnership with Blockdaemon, the leading institutional-grade blockchain infrastructure company for node management and staking. The partnership calls for Bit Digital to also participate…

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TuesdayDec 27, 2022 11:32 am

NetworkNewsBreaks – BIT Mining Limited’s (NYSE: BTCM) BTC.com Experiences Cyberattack

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, has announced that its subsidiary, BTC.com, experienced a cyberattack on Dec. 3, 2022. According to the update, certain digital assets were stolen in the cyberattack, including approximately US$700,000 in asset value owned by BTC.com’s clients and approximately US$2.3 million in asset value owned by the company. The company will devote considerable efforts to recover the stolen digital assets and has reported the incident to law enforcement authorities in Shenzhen, China. Due to local and internal coordination within the company, some of BTC.com’s digital assets have already been secured. On Dec.…

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ThursdayDec 22, 2022 1:31 pm

NetworkNewsBreaks – Sharing Services Global Corporation’s (SHRG) Hapi Travel Destinations Providing Max Savings, Travel Perks

Sharing Services (OTCQB: SHRG) is dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. The company recently introduced the traveling world to a whole new approach to savings as well as a unique opportunity for those looking for additional income in the gig economy through the inaugural event for Hapi Travel Destinations. “A wholly owned subsidiary of Sharing Services, Hapi Travel Destinations is a global leader in fun-filled, one-of-a-kind travel and offers exclusive travel-club membership… Sharing Services unveiled Hapi Travel Destinations in September, noting that the unique membership-based travel club was specifically designed…

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ThursdayDec 22, 2022 12:21 pm

NetworkNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBF) Announces Results from Shareholder Meeting, Strategic Acquisitions

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBF) today announced that all resolutions considered at its 2022 annual meeting of shareholders on Dec. 20, 2022, were approved by its shareholders. The company also provided a corporate update for its fiscal third quarter ending Dec. 31, 2022. Among the resolutions, shareholders present in person or represented by proxy at the meeting approved/re-approved all director nominees, which were duly elected or re-elected to HIVE’s board of directors, as well as the company’s stock option plan. In addition, the company announced acquisitions of Bitmain Antminer S19j Pro ASIC miners at opportunistic prices,…

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ThursdayDec 22, 2022 12:04 pm

NetworkNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Releases Production Report, 2023 Guidance

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting on its October and November production as well as forecasting numbers for the remainder of the year; the company also released its guidance for 2023. According to the announcement, total production for October and November reached an estimated 26,700 gold equivalent ounces (“GEO”) with preliminary costs per ounce from McEwen’s 100%-owned operations of $826 for cash costs and $1,088 for all-in sustaining. The report noted that at San José Mine, costs per ounce for October and November were $1,361 for cash costs and $1,745 for all-in sustaining. The report…

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ThursdayDec 22, 2022 11:52 am

NetworkNewsBreaks – SideChannel Inc. (SDCH) Featured in IT Brew Article

SideChannel (OTCQB: SDCH) was featured in a recent article published by IT Brew, which delivers the latest news and analysis of trends shaping the IT industry, from cybersecurity and big data to software development. The piece discusses the post work-from-home (“WFH”) era and workers returning to the office with enhanced security setups. “In other words: The same security safeguards that protected users as they began working from home are still in effect in office environments. Software-defined networks (‘SD-WANs’), for example, enforced access control at home, and they’ll likely find a role in the office, according to Brian Haugli, CEO at…

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ThursdayDec 22, 2022 11:38 am

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces I-GO European Arrival

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced that its I-GO(TM) Commercial Urban Delivery EV has arrived in Europe; specifically, sample vehicles are on their way to Ireland-based Newgate Motor Group, with an expected delivery for early next month. Initially, delivery was scheduled for December, but COVID-related shutdown issues caused the delay. According to the announcement, Mullen’s I-GO is an urban commercial delivery vehicle designed to meet the growing demand for quick deliveries in dense cities throughout Europe that have space constraints; the I-GO is EU standard homologated, certified, and ready for sale in initial markets…

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ThursdayDec 22, 2022 11:21 am

NetworkNewsBreaks – Cerberus Cyber Sentinel Corporation (NASDAQ: CISO) Announces Corporate Rebrand to Reflect Global Organization

Cerberus Sentinel (NASDAQ: CISO), a Scottsdale, Arizona-based industry leader as a managed cybersecurity and compliance provider, today announced plans for a corporate rebrand and launch. Central to the rebranding is a change of the company name to CISO Global, Inc. and an update to its corporate logo. “CISO Global was founded to bring cybersecurity professionals together on a global basis,” said David Jemmett, CEO and founder of CISO Global. “We have assembled a world-class leadership team, and we have successfully brought together 16 organizations globally. It is time for our name to reflect who we are as an organization.” To…

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ThursdayDec 22, 2022 11:08 am

NetworkNewsBreaks – Aegis Capital Corp. Acted as Sole Bookrunner on BiondVax Pharmaceuticals Ltd.’s (NASDAQ: BVXV) $8M Underwritten Public Offering

BiondVax (NASDAQ: BVXV) is a biotechnology company focused on developing, manufacturing and commercializing innovative immunotherapeutic products primarily for the treatment of infectious and autoimmune diseases. Aegis Capital Corp., which is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions, acted as sole bookrunner on an $8 million underwritten public offering for BiondVax Pharmaceuticals. BiondVax expects to use the net proceeds from the offering, together with its existing cash and cash equivalents, for the advancement of its nanosized antibody (“NanoAb”) development program and general corporate purposes. To view the full…

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WednesdayDec 21, 2022 4:08 pm

NetworkNewsBreaks – CubCrafters Inc. Eyes Great Potential Growth with Summit Brand on Heels of Acquisition

CubCrafters, the leading designer and manufacturer of light-sport, experimental and Part 23 certified backcountry aircraft, has announced its acquisition of Summit Aircraft Skis, including the company’s design and manufacturing assets, unique patents and related intellectual property, from the Sandpoint, Idaho-based Summit Aircraft Corporation. Favored by Carbon Cub owners, Summit Aircraft Skis are also preferred by the owners of many other types of non-CubCrafters manufactured backcountry capable aircraft. The unique ski design enables pilots to quickly and easily configure their aircraft to fly to many remote and primitive areas otherwise inaccessible in winter when runways are not maintained. “We are very…

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