ChainCatcher news, on-chain marketplace and white-label solution provider BonusBlock announced the completion of a $2.3 million financing round. Investors in this round include Laser Digital (Nomura Group), iAngels, Cogitent Ventures, NewTribe Capital, Faculty Group, Kyros, ZBS Capital, Rarestone, LVT Capital, as well as Axelar co-founder Georgios Vlachos, Beoble's Sung, IvanOnTech, AshCrypto, BrianDEvans, Icedknife, StackerSatoshi, Coachkcrypto, and others.

ChainCatcher news, Bitcoin mining companies Hut 8 Mining Corp. and US Bitcoin Corp (USBTC) have completed a merger through an all-stock equal merger, establishing a new entity registered in the United States, named Hut 8 Corp (New Hut).After the merger, Hut 8 common shares will be delisted from the Toronto Stock Exchange and NASDAQ on or before December 4. New Hut common shares will replace them, with the stock code "HUT". During the delisting and relisting process, Hut 8 shareholders will receive 0.2 shares of New Hut common stock for each share of Hut 8 common stock they hold. USBTC shareholders will receive 0.6716 shares of New Hut common stock for each share of USBTC equity they hold.

ChainCatcher news, Hut 8 Mining and USBTC merger has been approved by the Supreme Court of British Columbia. Hut 8 and USBTC will merge through an all-stock equal merger, and the merged company will be named Hut 8 Corp. ("New Hut") and will become a registered entity in the United States.Hut 8 expects the transaction to be finalized in the fourth quarter, after which the new company plans to list on NASDAQ and the Toronto Stock Exchange, pending approval.

ChainCatcher news, American mining company US. Bitcoin Corp (USBTC) has signed a multi-year agreement to host 150,000 Bitcoin mining machines with several companies, including Marathon Digital Holdings. (CoinDesk)

ChainCatcher news, payment company Stabolut announced the launch of a decentralized, dollar-pegged, Bitcoin-backed stablecoin ------ USB. Stabolut co-founder and CEO Eneko Knorr believes that Stabolut is setting a new industry-leading standard for transferring financial value on the internet and cryptocurrency markets through USB.Stabolut co-founder and CTO Julian Beltran stated, "Given the collapse of UST and the instability caused by the decoupling of USDC after the recent bank failures we have seen this year, there is a clear market demand from users for reliable stablecoins. With USB, Stabolut aims to usher in a new era of global exchange that is transparent, privacy-protecting, fast, inexpensive, and interoperable." (source link)