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Arca to Join the Bitcoin Trust Race Competing Against Numerous Crypto Fund Rivals
27.2.2021
Another firm is joining the bitcoin trust sector, as the California fund manager Arca has filed a registration with the U.S. Securities and Exchange Commission (SEC) for its Arca Accredited Investor Bitcoin Trust. The trust will compete with a number of competitors including Grayscale’s...
Investment Firm Launches the First ‘Crypto Hedge Fund’ in Spain- Plans to Expand Across Europe, Latin America
27.2.2021
In Spain, an investment company has begun to promote what they called the “first crypto hedge fund.” The product has been registered in Malta by Avenue Investment Crypto, headed by a crypto advocate, Martin Huete. Investments Allocated Mainly in Bitcoin and Ethereum According...
Chinese Authorities Warn About ‘Sophisticated’ Digital Yuan Scam- Promotes Access to a ‘$186M Secret’ Government Fund
27.2.2021
As China keeps paving the way to adopt its central bank digital currency (CBDC), scammers are also actively emerging on the scene. The police in a Chinese province are now warning about a “sophisticated” CBDC-themed scam. Bogus Platform Is Set to Be Launched in March, Say Scammers...
Blockchain and crypto will challenge current finance, Nigeria VP says
27.2.2021
Yemi Osinbajo sees potential for crypto and blockchain
Alpha Finance Lab rallies after integrating with Compound and Binance Smart Chain
26.2.2021
Alpha Finance Lab’s recent integration with Binance Smart Chain and Compound Finance triggered an 85% rally in the protocol's ALPHA governance token
Report: Stadia Blew Millions On Red Dead Redemption 2 And Other Ports
26.2.2021
Just how badly did Google’s Stadia video game streaming service flop when it launched back in 2019? According to a new report by Bloomberg, it underperformed its sales target by hundreds of thousands of users, despite spending “tens of millions of dollars” secure ports of big blockbuster games.Read...
177-Year-Old Swiss Bank Bordier to Offer Bitcoin and Other Crypto Trading Services
26.2.2021
A 177-year-old bank in Switzerland has enabled cryptocurrency trading within its services, with expectations to expand. Bordier & Cie SCmA added bitcoin and other cryptos to its list of services by partnering with a well-known domestic crypto player. Bordier Customers Can Also Buy and Hold...
Simplex and Skrill Broaden Cryptocurrency Convenience by Launching New Onramp Solutions
26.2.2021
As enthusiasm for cryptocurrency mounts amid strong demand from retail and institutional investors, financial service providers Simplex and Skrill are building more inroads into the ecosystem, focusing on improving transactability and convenience. The digital payment services continue to expand...
Nintendo Japan Will No Longer Service The 3DS And 3DS XL
25.2.2021
Today, Nintendo announced in Japan that it was ending repair service for the 3DS and 3DS XL. The reason is that it’s become difficult to obtain the necessary parts.Read more
Finance Redefined: Ethereum exodus continues as Binance ‘helps,’ Feb 17–24.
25.2.2021
Binance is flexing its muscles in a bid to promote BSC over Ethereum
Report: Hack Locked Cyberpunk 2077 Developers Out Of Their Computers For Two Weeks
25.2.2021
Earlier this month, you may have read about a major cyber attack against Cyberpunk 2077 developer CD Projekt Red. According to a new report from Bloomberg’s Jason Schreier, that hack all but halted work at the Polish game studio for two weeks.Read more
GameStop Stock Explodes Again Following Board Member's McDonald's Ice Cream Cone Tweet
24.2.2021
After weeks in the pits following the initial meme stock frenzy, GameStop stock surged again today, doubling to $91 a share in just a few hours. Why? Who knows. All I can tell you is that it happened shortly after GameStop board member Ryan Cohen tweeted out a picture of a McDonald’s ice cream...
Square Adds $170 Million More in Bitcoin to Balance Sheet — Company Now Holds 5% of Total Cash Reserves in BTC
24.2.2021
Square has bought more bitcoin, adding $170 million worth of the cryptocurrency to its balance sheet. The company now holds 5% of its cash reserves in bitcoin. Its Cash App was used by more than three million customers to purchase or sell the cryptocurrency last year. $170 Million Bitcoin Purchase...
Microstrategy Buys $1 Billion More Bitcoin — Company Now Holds Over 90,000 BTC
24.2.2021
Microstrategy has purchased an additional $1.026 billion worth of bitcoin, raising the total number of bitcoins it has accumulated to about 90,531. Its CEO explained that his company remains focused on its two corporate strategies of growing its enterprise analytics software business...
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24.2.2021
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Jigstack DAO Acquires Icorating.com Platform to Strengthen Its Token Launch Pad Lemonade
24.2.2021
A decentralized finance (defi) protocol announced that it officially acquired an initial coin offering (ICO) listing platform. Jigstack, who bought icorating.com, will migrate all the platform’s assets to its Lemonade’s solution. Jigstack’ Direct Email Database on Icorating.com...
GameStop Exec Leaves With $2.8 Million Severance
24.2.2021
GameStop chief financial officer Jim Bell is set to resign from his position on March 26, the video game retailer announced today. He’ll do so $2.8 million richer thanks to a lucrative severance bonus.Read more
Cointelegraph Consulting: Research outlines how DeFi can merge with traditional finance
23.2.2021
New research finds that regulated financial institutions can interface with decentralized finance via digital asset marketplaces
Janet Yellen Warns Bitcoin Is ‘Extremely Inefficient’ and ‘Highly Speculative’ as BTC Price Plunges
23.2.2021
U.S. Treasury Secretary Janet Yellen has warned about the dangers of bitcoin as the price of the cryptocurrency took a nosedive. She sees bitcoin as a highly speculative asset and is worried about potential losses investors can suffer. Yellen also believes that bitcoin is not widely used as...
Another arcade is closing in Tokyo.
22.2.2021
Another arcade is closing in Tokyo. Taito Station Shinjuku West Exit, which opened in 2018, will shutter on March 21. With fewer customers and tourists banned, arcades are hurting. Read more