#CryptoCorner #Podcast: #Cryptocurrency #Stocks in the News: (NasdaqGS: $HUT) (NasdaqCM: $ANY) (TSXV: $VML.V)
Hut 8 Publishes March Update, Sphere 3D Files Litigation Against Gryphon Digital Mining, and Viscount Mining to Create Silver NFT with Lux Exchange
Vancouver, Kelowna, Delta, BC April 10, 2023 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.
Today’s podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).
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Stocks discussed: (NasdaqGS:HUT) (NasdaqCM:ANY) (TSXV:VML)
Hut 8 Mining Corp. (NasdaqGS:HUT) has published its productions and operations update for March 2023. Highlights include the mining of 131 Bitcoin (BTC) (approximately 4.2 Bitcoin per day), 240 BTC sold, 9,133 BTC held in reserve as of March 31, and an installed ASIC hashrate capacity of 2.6 EH/s at its Alberta, Canada facilities as of the end of the month. Jaime Leverton, CEO of Hut 8, said:
"While we met key operational milestones in Medicine Hat in March, we continue to be laser-focused on two things. The entire management team is committed to both remediating the challenges at our Drumheller site, and closing the transaction with USBTC, which remains on track."
Sphere 3D Corp. (NasdaqCM:ANY) has filed litigation against Gryphon Digital Mining, Inc. Sphere 3D’s CEO, Patricia Trompeter, explained:
"Today we filed litigation against Gryphon, the custodial management services provider of our blockchain and cryptocurrency-related services, for materially breaching the Master Services Agreement ("MSA") we entered into with Gryphon. We believe that Gryphon has put the Company's assets at significant risk and willfully violated their contractual duties."
Viscount Mining Corp. (TSXV:VML) has entered into a one-of-a-kind silver forward sales agreement to add up to 5 million ounces of silver to Lux Exchange to create “the World's first silver-backed Non-Fungible-Token (NFT).” Marcus Weller, Chief Revenue Officer of Lux Partners Limited, commented:
"We are excited to welcome Viscount Mining to the Lux family. Their commitment to providing high-quality silver aligns perfectly with our mission of innovating a secure and stable exchange platform for our customers. Lux NFTs bring liquidity and universal access to the silver market and usher in a new era for both the tokenization of physical assets and the distribution of the Earth's most valuable resources."
Sam Mowers, Investorideas
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Podcast sponsor:
AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.
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