#CryptoCorner #Podcast 693: #Stocks discussed: (NasdaqGS: $CIFR) (CSE: $BIGG.C) (TSXV: $LQWD.V) (TSXV: $CSTR.V) (OTCQB: $CSTXF)
Cipher Mining Enters Purchase Agreement with Bitfury, BIGG’s Netcoins to Serve as Liquidity Provider for LQwD Fintech, and CryptoStar Announces OTCQB Listing
Point Roberts, WA, Delta BC October 13, 2021 - 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.
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Stocks discussed: (NasdaqGS:CIFR) (CSE:BIGG) (TSXV:LQWD) (TSXV:CSTR) (OTCQB:CSTXF)
Cipher Mining Inc. (NasdaqGS:CIFR) has entered into an agreement with Bitfury for monthly purchases between June and December 2022 of 4,000 to 8,000 Bitfury next generation mining rigs that will each produce approximately 195 TH/s of hashing power. Tyler Page, CEO of Cipher, said:
“With these key purchase agreements in place, we look forward to meeting our goal of expanding and strengthening Bitcoin’s critical network infrastructure. Overall, as a newly formed public company, we continue to make great strides and are maintaining strong momentum across our business.”
BIGG Digital Assets Inc. (CSE:BIGG) entered into a strategic partnership with LQwD Fintech Corp (TSXV:LQWD) that will see Netcoins, a subsidiary of the former, serve as the latter’s preferred liquidity provider. Moreover, another subsidiary of BIGG, Blockchain Intelligence Group (BIG), will “provide LQwD with a suite of institutional and government grade compliance software, including BitRank and QLUE.” Shone Anstey, Chairman and CEO of LQwD, commented:
“We are grateful to have a strong relationship with Netcoins and Blockchain Intelligence Group as we expand our footprint in the rapidly emerging Bitcoin Lightning Network. LQwD can now leverage BitRank® and QLUE™ for our AML needs and route crypto purchases for our Coincurve.com and additional platforms through Netcoins, Canada's first publicly traded, licensed crypto trading platform. It also allows Netcoins to have an early mover advantage in the Canadian markets for handling instant deposits and withdrawals of Bitcoin via the Bitcoin Lightning Network."
CryptoStar Corp. (TSXV:CSTR) recently received approval from the OTC Markets Group Inc. to commence trading on the OTCQB Venture Market under the ticker symbol "CSTXF". President and CEO David Jellins said:
"We are excited to begin trading on the OTCQB Venture Market. Trading on the OTCQB Venture Market will provide the Company with increased access to U.S. based investors and a much broader shareholder base. U.S. based investors now have the opportunity to share in the Company's growth."
Sam Mowers, Investorideas
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