Category Archive: Cryptocurrency, No picture
US Pharma Firm and Canaan Sign Major Deal for BTC Miners
Key Takeaways Wize Pharma expanded operations beyond medicine to Bitcoin mining and digital asset management in March. The rebranded firm Mawson has signed a deal with Canaan for 11,760 Bitcoin miners. Mawson also holds Bitcoin on its balance sheet. U.S.-based pharmaceutical company Mawson Infrastructure Group Inc. has signed a deal with Beijing-based ASIC manufacturer Bitcoin […]
Bitcoin Bulls Back Free Speech Platform With $3.8 Million Investment
Key Takeaways Capital investors with a strong affinity for Bitcoin and crypto participated in Locals.com seed funding round. The platform will help content creators to monetize their content directly, and control their audience. Due to past instances of bans and restrictions, crypto community is more likely to adopt such a platform. Locals Technology, Inc. raised […]
Binance Sees Massive Liquidations After Flash Crash
Key Takeaways The total crypto market capitalization fell from $2.15 trillion to a three-week low of $1.78 trillion within a few hours on Apr. 17. The sudden downswing caught many overleveraged traders off guard, causing roughly $9 billion in liquidations. Most liquidations occurred on Binance, while FTX and Bitfinex proved to be some of the […]
Slim Jim Celebrates “Doge Day” With Shiba Inu NFT
Key Takeaways The Dogecoin community coordinated its Apr. 20 social media campaign today to boost awareness of the coin. Snack food company Slim Jim took note of the event and created a Dogecoin-themed non-fungible token in response. The collectible token is being auctioned on OpenSea over the next four days. Proceeds will go to charity. […]
Enjin Attracts Binance and Microsoft to NFT Project
Enjin has revealed that more than 50 firms are using its JumpNet blockchain, according to an announcement on the firm’s website. What Is JumpNet? JumpNet is a blockchain designed to host non-fungible tokens or NFTs designed for Ethereum’s ERC-1155 standard. More than 50 firms have launched non-fungible tokens or “cryptocollectibles” on JumpNet within two weeks […]
Curve Finance Joins Layer 2 Ecosystem, Token Rewards Announced
This news was brought to you by ANKR, our preferred DeFi Partner. A leading DeFi protocol, Curve Finance has joined Aave and SushiSwap in leveraging Polygon’s scalability solution. Earn MATIC, Save Gas on Curve As more users pile into Polygon’s growth, participants within the Layer-2 ecosystem also demand many of the same amenities as DeFi […]
WeWork to Add Bitcoin to Its Balance Sheet
Key Takeaways WeWork has announced a complete crypto adoption from accepting, paying and holding crypto on its balance sheet. The workspace start-up recently revealed their plans to go public via direct listing. Coinbase and BitPay will help the company with payment processing and crypto custody. This news was brought to you by Phemex, our preferred […]
Former OCC Head Brian Brooks to Lead Binance.US
This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Binance has appointed the former acting head of the Office of the Comptroller of the Currency (OCC) Brian Brooks to lead its U.S. operations. Brian Brooks, the “CryptoComptroller” Brooks will replace Catherine Coley, who has held the position since Binance.US launched in […]
Venmo Users Can Now Buy, Sell, and Hold Four Cryptocurrencies
This news was brought to you by Phemex, our preferred Derivatives Partner. PayPal’s sister company, Venmo, has just rolled out crypto capabilities to its audience of more than 70 million users. Venmo Adds Crypto Venmo will now allow its users to invest in Bitcoin, Ethereum, Litecoin, and Bitcoin Cash directly on the app via a […]
Newegg Now Accepting Dogecoin Amid Market Frenzy
This news was brought to you by Phemex, our preferred Derivatives Partner. Newegg joins the Dogecoin mania. Newegg Accepting Dogecoin Payments Newegg now accepts payments in Dogecoin. The online retailer, which specializes in PC hardware and electronics, made an announcement Tuesday, confirming that it had enabled payments in the currency through a BitPay integration. We […]
