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Olenox Announces Merge With CS Digital to Develop Low Cost, Off-Grid Bitcoin Mining Opportunities

The two companies would agree to merge, with CS Digital receiving $55 million in an all-share transaction, to combine Olenox’s energy expertise with CS Digital’s expertise in bitcoin mining. The combined company would seek to develop off-grid mining and AI data center initiatives close to generation sites. Key Takeaways: Olenox announced a possible $55M merger […]
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Tether Conducts Biggest USDT Freeze Ever, Grayscale Makes Case for Bitcoin Bottom, And More – Week In Review

Europe’s MiCA rules helped euro stablecoins surge even as broader crypto adoption cooled, while a Balancer exploit wallet reawakened to move funds through Thorchain. In Washington, more than 100 crypto groups pushed the Senate to act on the CLARITY Act. Grayscale said bitcoin may be forming a durable bottom as recent buyers return to breakeven, […]