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Bitcoin Miner Argo Blockchain Faces Lawsuit Over Alleged Misleading Statements in U.S. Share Sale

Argo Blockchain, a crypto miner whose shares trade on the London Stock Exchange (ARB) and Nasdaq (ARBK), is facing a class-action lawsuit over alleged misleading statements made during the initial public offering (IPO) of its American depositary shares (ADS) in 2021. "The Hash" panel discusses what this means for the bitcoin mining industry.

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Videos

Crypto Miner Argo Blockchain Requests 24 Hour Trading Halt for US Shares

Argo Blockchain, a crypto miner whose shares trade on the London Stock Exchange (ARB) and Nasdaq (ARBK), said it requested a 24-hour suspension of U.S. trading. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the state of crypto mining in the wake of Core Scientific filing for bankruptcy last week. Plus, his state of regulation outlook for 2023.

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Finance

Firm Behind FTSE 100 Unveils Crypto Index Series

The FTSE Global Digital Asset Index Series comprises eight gauges ranging from large and mid-cap assets down to microcap.

The City of London (IR Stone/Shutterstock)

Finance

London Stock Exchange Group Buys Fintech Firm TORA for $325M

The acquisition opens the door to the possibility of LSEG offering crypto or non-fungible token (NFT) trading in the future.

LSEG expands to include digital assets in its SEDOL Masterfile securities database. (spatuletail/Shutterstock)

Finance

FTSE Russell Plans to Develop Crypto Index With Over 40 Digital Assets: Report

The index will “sit alongside” the FTSE 100 and Russell 2000.

London's financial district (Ergin Yıldızoglu/Unsplash)

Finance

Argo Blockchain Sees Revenues Soar 11x After Mining 1,300 Bitcoin in 2019

Bitcoin mining firm Argo Blockchain said an 11-fold increase in revenues shows pivoting away from mining-as-a-service was a good move for the company.

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Finance

Blockchain Arbitration Firm Proof of Trust Plans London Stock Exchange Listing

The company has said it plans to list on the London Stock Exchange's main market.

City of London image via Shutterstock

Markets

London-Listed Argo Blockchain Adds 1,000 Miners in Bid to Salvage Stock Price

Struggling crypto mining firm Argo Blockchain says it's expecting to break even in the second quarter after an investment in new equipment.

Balaci’s testimony indicates that BitClub never ran the lucrative bitcoin mining pools it lured victim investors with. (Shutterstock)

Markets

London Stock Exchange Watching for 'Interesting' Blockchain Use Cases: CEO

The London Stock Exchange is waiting to see which blockchain use cases gain traction before taking the plunge itself, CEO Nikhil Rathi has said.

LSEG expands to include digital assets in its SEDOL Masterfile securities database. (spatuletail/Shutterstock)

Markets

Controversial Oil Tycoon Moves to Shake Up Argo Blockchain Board

Frank Timis, a convicted heroin dealer and oil millionaire, is trying to oust execs at the London-listed crypto mining firm Argo Blockchain.

oil wells pumps