BNB Surpasses 320 USDT with a 3.93% Increase in 24 Hours On | JOCA PHILIPPINES na Binance Square

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BNB Surpasses 320 USDT with a 3.93% Increase in 24 HoursOn Feb 09, 2024, 01:16 AM(UTC). According to Binance Market Data, BNB has crossed the 320 USDT benchmark and is now trading at 320 USDT, with a 3.93% increase in 24 hours.#Write2Earn #TrendingTopic

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625,59

+0.86%

123

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$DYM I expect a correction on DYM, so i am taking a small risk and i will try to ride a possible pullback. I am targeting main support zone at 6.3, invalidation above 8.5. I can also see a break of main trendline as confirmation of possible pullback with a bearish divergence #Write2Earn #TrendingTopic #DYM #Followforemore

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$DYM 🚨💰 DYM NEXT MOVE 🚨💰 $DYM standing strong at billion dollar MC. also it Airdrop a big part of its supply. Now where its heading , I personally think DYM needs some corrections so it can come down to 5.8 now if downward continues. Soon it will retest previous support. Alpha Community now stands at almost 500 members in just 10 days. @mofsden $BTC $ETH #Write2Earn #DYM #BTC #PIXEL #tia

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Bullish Exchange Appoints New CEO Amid Major Restructuring According to Foresight News, Kevin Worth, the long-time CEO of CoinDesk, has left the company amid a major restructuring initiated by its new parent company, Bullish. The exchange has appointed Sara Stratoberdha as the new CEO, who previously oversaw business development at Bullish. A CoinDesk spokesperson stated that 'CoinDesk will remain an independent subsidiary of Bullish, with Sara committed to maintaining CoinDesk's news independence and integrity.' In November last year, cryptocurrency exchange Bullish acquired 100% of CoinDesk's shares in an all-cash transaction, affecting much of CoinDesk's leadership. Other departures include Chief Operating Officer Elinor Hirschhorn, Vice President of Engineering John DeGuenther, and Global Strategic Executive Director Emily Parker. Chief Content Officer Michael Casey is no longer in a full-time role but is in discussions with Bullish to continue at CoinDesk in another capacity.

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Bakkt Seeks to Raise $150 Million in Securities Sale According to Foresight News, a spokesperson for digital asset platform Bakkt has stated that the company is looking to sell up to $150 million in securities, which could potentially alleviate its operational funding shortage. In a previous filing submitted to the SEC, Bakkt indicated that its cash flow might not be sufficient to provide funding for its operations within 12 months after the submission date.

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Hut 8 Announces Leadership Transition Amid Accusations Against Management Practices According to CryptoPotato, Bitcoin mining company Hut 8 has announced a leadership transition roughly three weeks after an activist short-selling firm published a report containing allegations against the miner’s management practices and finances. Former CEO Jaime Leverton will be immediately succeeded by Asher Genoot, who has served as Hut 8’s president since November 2023. Genoot co-founded Bitcoin miner U.S. Bitcoin Corp (USBTC) and served as the firm’s president before merging with Hut 8 last year. The merger deal saw Hut 8’s common stock (TSX) change to New Hut (HUT) as the new company was named Hut 8 Corp. The Hut 8 Board of Directors said the completion of the merger deal signaled the need to set a new strategic direction and a leadership transition. Board chair Bill Tai said Asher will bring a disciplined and proven approach to unlock the combined company’s potential. Hut 8’s transition into a new leadership comes within a month after J Capital Research called HUT an “obvious pump and dump target,” as Hut 8 inherited a pile of debt from USBTC. The January 18 report alleged that USBTC may have gone bankrupt if Hut 8 had waited one month to close the merger deal. Per J Capital, USBTC is backed by promoters with a history of legal trouble. The mining company appears to have defaulted on a loan and paid government fines twice, its founders have limited share lock-ups, and insiders may soon offload their stock. However, the combined company has countered the claims, insisting that the report contains inaccuracies, misrepresented data, and false characterizations about its business.

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