(Corrected to clarify that the ASIC Ultra Boost patent has not yet been granted, although Quantum's application has received formal approval from the US Patent & Trademark Office.) Read More
Quantum Blockchain Technologies PLC - London-based blockchain research and development - Raises GBP350,000 before expenses through a placing of 140.0 million new shares at 0.25 pence each. Says it will use the net proceeds for continued research and development, testing and optimisation of its proprietary bitcoin mining technologies, including its 'Method C AI Oracle'. Funds will also go towards bringing the recently-granted US patent for its ASIC Ultra Boost to market readiness, as well as porting and integration work with mining hardware and software environments. It will also help fund commercial and business development activities with prospective industry counterparties. Placing funds will be used for general working capital. Read More
(Alliance News) - Stock prices in London were lower at midday on Wednesday, as renewed US-Iran hostilities sent oil and European gas prices higher, adding to inflation concerns and putting pressure on equities. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Wednesday. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday, Thursday and Monday, and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Thursday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday, Tuesday and Monday and not separately reported by Alliance News: Read More
Quantum Blockchain Technologies PLC - London-based blockchain and cryptocurrency group - Announces on Thursday its binding agreement for the disposal of its remaining 23.39% equity interest in Italian fintech and crowdfunding platform Forcrowd Srl, as it aims to focus resources on its core blockchain, bitcoin mining and AI solution activities. Gross proceeds will total EUR155,000, comprising EUR25,000 for a 5.47% stake pursuant to a previously agreed option arrangement, and EUR130,000 for the remining 17.92%. Notes that Forcrowd this week completed an EUR400,000 capital increase, with the disposal to take place following its registration. Says the buyers are "a group of Italian investors with significant experience in financial services, investment management and corporate finance," plus an existing Forcrowd shareholder. Quantum Chair & Chief Executive Officer Francesco Gardin will step down from his role as Forcrowd's chair upon completion of the sale. Read More
Quantum Blockchain Technologies PLC - London-based blockchain and cryptocurrency group - Announces its resumption of quantum research for cryptocurrency mining in partnership with a research team at Milan University. The company notes its proprietary SHA-256 algorithm, which it expects to aid with cryptographic hashing to mine cryptocurrency in the future. Says Francesco Gardin, QBT chief executive officer: "We are excited about the resumption of our quantum computing programme... allowing us to build directly on the work already completed and accelerate our progress." The company notes that while quantum computing is not yet capable of aiding with cryptocurrency mining, "QBT believes that early positioning and proprietary development in this field could provide a significant long-term competitive advantage." Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Thursday. Read More
(Alliance News) - Quantum Blockchain Technologies PLC announced on Wednesday a favourable ruling from the Court of Appeal of Turin for its wholly owned subsidiary, Clear Leisure 2017 Ltd. Read More
Quantum Blockchain Technologies PLC - London-based blockchain sector-focused research & development technology company - Announces it has found a way to speed up the live testing of its Method C AI Oracle software on the mining rig of the application-specific integrated circuit manufacturer, the loan of which it had announced in March. "This work around is expected to shorten live-testing timelines and deliver earlier preliminary results of the AI Oracle which the company now expects to receive by the end of April 2026," Quantum Blockchain says. Read More
(Alliance News) - Quantum Blockchain Technologies PLC on Wednesday said it has received a final rejection from the US Patent & Trademark Office on its ASIC Ultra Boost patent application, but plans to submit a formal response to further its patent claim. Read More
(Alliance News) - Quantum Blockchain Technologies PLC on Friday said it has taken delivery of its first third-party bitcoin mining rig as it moves to port its Method C AI Oracle software onto commercial hardware. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Quantum Blockchain Technologies PLC shares surged on Wednesday as it launched a software-only version of its Method C AI Oracle. Read More