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JPMorgan Is Stockpiling Cash – CEO Claims There’s a ‘Very Good Chance Inflation Will Be More Than Transitory’
15.6.2021
Investment bank JPMorgan Chase is stockpiling cash according to the company’s CEO Jamie Dimon. The investment banker doesn’t seem to believe inflation is “transitory” and he thinks there’s a “very good chance” inflation could stick around. JPMorgan Chase...
Microstrategy Selling up to $1 Billion of MSTR Stock to Buy Bitcoin
15.6.2021
Microstrategy Inc. is selling up to $1 billion of its common stock, MSTR, with the aim to use some of the net proceeds to buy bitcoin. The Nasdaq-listed company also recently completed a $500 million secured notes offering and will use the proceeds to acquire bitcoins. Selling MSTR Stock to...
Latin American telecom company accepts crypto payments through BitPay
15.6.2021
GoldConnect will be able to process crypto transactions made in Bitcoin, Ether and other digital assets through its new LatamConnect platform
RNS Solutions & Trustedchain Are Developing Blockchain FinLit Platform for Islamic Development Bank
14.6.2021
PRESS RELEASE. Pakistan: RNS Solutions Pte Ltd., the leading blockchain software development company from Pakistan, Korea, and Singapore this week announced a formidable partnership with the ICD-Islamic Development Bank Group, a multilateral development bank that promotes social and economic...
Elon Musk Says Tesla Will Resume Accepting Bitcoin When Miners Confirm 50% Clean Energy Usage
14.6.2021
Tesla CEO Elon Musk has announced that when there is “confirmation of reasonable (about 50%) clean energy usage by miners with positive future trend,” his electric car company will start accepting bitcoin for payments again. Elon Musk Reveals When Tesla Will Resume Accepting Bitcoin...
Pensioners Pay Scottish Roofing Company in Cryptocurrency
13.6.2021
With bitcoin’s popularity rising, a growing number of businesses in Scotland have been introducing cryptocurrency payments. A roofing company from Glasgow now says more and more of its customers, including pensioners, are willing to pay with crypto. ASAP Roofing Accepts Cryptocurrency for...
Kraken Weighs in on IPO After Coinbase’s Lackluster Direct Listing Performance
12.6.2021
Kraken, the US-based exchange, is weighing in on whether to use an IPO or a direct listing to go public. Kraken’s CEO Jesse Powell stated that after Coinbase’s performance, they were considering other options for going public next year. The company will be the second crypto exchange...
New Pokémon Cards Might Complicate Things For Players And Collectors
11.6.2021
After a trademark was spotted last December, the new V-Union cards have been officially unveiled. The new cards are scheduled for release this August in Japan, and it’s unclear how their introduction will impact the game.Read more
Bitcoin Mining Firm Hut 8 Approved to List on Nasdaq
11.6.2021
Major North American bitcoin mining firm Hut 8 Mining has been approved for listing on Nasdaq under the ticker symbol HUT. The company is also listed on the Toronto Stock Exchange (TSX). Hut 8 Mining Corp. announced Thursday that its common shares have been approved to list on the Nasdaq Global...
Financial Giant State Street Launches Digital Finance Division – Unit’s Focus Aimed at Crypto and Defi
11.6.2021
On Thursday, the Boston-based financial services and bank holding company State Street Corporation announced the launch of a division dedicated to cryptocurrencies, the digital economy, and decentralized finance (defi). State Street Invokes New Division Dedicated to Crypto, Blockchain, and Defi...
Doge in Brooklyn: A Local Apparel Store Starts Accepting the Famed Crypto
10.6.2021
On the heels of the SpaceX announcement that the company accepted dogecoin as payment, an apparel store on Brooklyn’s colorful Flatbush Avenue took the jump as well into the deep, cold Doge waters. Brick-and-Mortar Is Another Brick in the Crypto Adoption Wall Crypto adoption has been widely...
Warren Buffett’s Berkshire Hathaway Invests in Bitcoin-Friendly Digital Bank
10.6.2021
Berkshire Hathaway, the company led by CEO Warren Buffett, has invested $500 million in a pro-bitcoin digital bank. Nubank says it will offer bitcoin investment following its acquisition of brokerage firm Easynvest which offers the trading of Brazil’s first bitcoin exchange-traded fund (ETF)....
Crypto Payments App Bottlepay Is Now Available Across Europe
9.6.2021
U.K.-based crypto payments provider Bottlepay has started offering services in other European countries. Users on the Old Continent will be able to send and receive even small amounts of euro and also buy, store and spend bitcoin with merchants accepting cryptocurrency. Bottlepay Promises Low-Cost...
NYAG Court Order to Shut Down Coinseed Succeeds, CEO Creates Profanity Token for Attorney General
9.6.2021
The crypto trading platform Coinseed is shutting down operations according to a written statement from the company’s CEO Delgerdalai Davaasambuu. A court order secured by New York Attorney General Letitia James told Coinseed to halt all of its operations. Following the announcement of...
Amazon Job Listing Seeks Blockchain Lead – Internet Giant Looks to Create ‘Business Use Cases Across Defi’
8.6.2021
Amazon is looking for a blockchain expert, according to a job posting published on the company’s employment portal. The firm wants someone who is “passionate about blockchain and decentralized networks” and someone who can build innovative “business use cases” across...
While China’s Bitcoin Miners Flock to Central Asia Canaan Sets up ASIC Mining Rig Service in Kazakhstan
7.6.2021
On Monday, the application-specific integrated circuit (ASIC) manufacturer Canaan Inc. announced the company has established an overseas after-sales center in Kazakhstan. According to Canaan, the service center will provide local customers with after-sales services like machine testing, warranty...
Microstrategy Selling $400M Bonds to Buy Bitcoin — Holding to Exceed 100,000 BTC
7.6.2021
Microstrategy will soon hold more than 100,000 bitcoins in its treasury. The company is raising $400 million by selling senior secured notes and will use the proceeds to acquire additional bitcoins. Microstrategy Acquiring More Bitcoin Microstrategy Inc. (Nasdaq: MSTR) announced Monday it intends...
Infosys Chairman Advocates Regulation of Crypto Assets as Commodities in India
7.6.2021
The chairman of major Indian company Infosys says that crypto should be regulated as an asset, like a commodity. He believes that crypto investors will significantly contribute to India’s economy. Infosys Chairman Wants Crypto Regulated as an Asset Infosys Chairman Nandan Nilekani says...
Fighting Game Legend Tokido Appears In BMW Ad In Japan
7.6.2021
Hajime “Tokido” Taniguchi isn’t only one of the greatest Street Fighter players ever, he would also like to tell you about the BMW 2 Series.Read more
Logan Paul Wore A Pokémon Card To Mayweather Fight, Says It's Now Worth A Million Dollars
7.6.2021
There wasn’t a knockout in tonight’s Logan Paul versus Floyd Mayweather exhibition fight. One clear winner did emerge: Pokémon card collectors, Paul included.Read more