WAO ART

The Ontario Capital Markets Tribunal has invalidated Bitfarms' "poison pill" strategy aimed at blocking Riot Platforms' $950 million acquisition bid. Bitfarms operates in multiple countries, including Canada, the U.S., Paraguay, and Argentina, and has faced pressure since Riot's proposal on June 13.

The Las Vegas Sphere featured a stunning display of Bitcoin, celebrating its eighth anniversary with a captivating showcase by Crypto.com. The iconic Bitcoin logo rotated against a gold backdrop, transforming into numerous tiny coins, creating a mesmerizing visual experience.

Marathon Digital Holdings, the world's largest Bitcoin miner, has purchased $100 million worth of BTC. The company is adopting a "full hodl" strategy, meaning they plan to hold onto their Bitcoin long-term. Marathon did not sell any of the BTC it mined in June.

HSBC Australia has begun blocking payments to cryptocurrency exchanges. Other Australian banks, including Bendigo Bank, are also implementing similar measures against crypto-related transactions. MonoSwap, a decentralized exchange, was hacked due to a phishing attack targeting a developer.

Coinbase UK's division, CB Payments Limited, has been fined £3.5 million by the FCA. The penalty is due to non-compliance with a user participation agreement established in 2020. The agreement aimed to prevent the onboarding of high-risk customers, which CBPL violated.

Zenith Bank Plc aims to raise N188.37 billion through a rights issue. The bank has applied to the Nigerian Exchange (NGX) for approval to sell 5.23 billion shares. The rights issue will offer shares at N36 each, with a ratio of 1 new share for every 6 existing shares.

The Wazirx Indian crypto exchange a has announced plans to restore the withdrawal of funds and trade after a cyber attack. As a result of the attack, the exchange lost more than 230 million dollars. The preliminary investigation did not reveal the compromising of the machines of the signator.