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Online Game Operator The9 Plans to Purchase 2,000 Bitcoin Miners for Over $6 Million
10.4.2021
The Shanghai-based online game operator, The9 Limited, has revealed the company is planning to acquire 2,000 Canaan Avalonminers for over $6 million in a stock deal. The9’s binding memorandum of understanding (MOU) explains that the new units will give the company 0.1 exahash of bitcoin...
English Football Club Signs Sponsorship Deal That Includes Option of Being Paid Bonuses in Bitcoin
9.4.2021
Southampton Football Club, a soccer team currently ranked 13th in England’s Premier League, recently signed a new sponsorship deal that includes an option for the club to be paid certain performance-based bonuses in bitcoin. The deal also extends the club’s partnership with...
Spanish Travel Compensation Firm Signs Deal With Domestic Exchange to Reimburse Travelers With Cryptos
9.4.2021
Spanish travelers will soon be available to fill out claims for incidents related to airline delays, baggage losses, overbooking, among others, and be compensated with cryptocurrencies. The possibility is now a reality thanks to a partnership between a domestic crypto exchange and an airline...
Lawyer Files Class Action Complaint to Stop Argentinean Central Bank from Collecting Crypto Users Data
8.4.2021
The idea of the Argentinean central bank asking local banks for information on customers who deal with cryptocurrencies is generating controversy in the local industry. A new chapter in this story has been written, as a local lawyer has filed a class-action complaint before a national court...
New Bitcoin Mining Giant Emerging in US With USD 651M Deal
8.4.2021
US-based listed Bitcoin (BTC) mining company Riot Blockchain said it's buying Whinstone, the owner and operator of North America’s leading Bitcoin hosting facility, from Northern Data for USD 651m.
The company said it has already signed a definitive agreement and expects to close the transaction...
$400M African fertilizer deal executed on blockchain eases COVID-19 slowdown
7.4.2021
Some companies are using blockchain technology to open up the logistics routes that COVID-19 has closed down
Bitcoin-Pegged Token Crafted by Binance Swells, BTCB Now Commands $2.3 Billion Market Cap
7.4.2021
Over the last twelve months wrapped or synthetic bitcoin projects have swelled a great deal. The digital token called wrapped bitcoin, for example, has 141,503 WBTC in circulation today, but the token called the Bitcoin BEP 2 (BTCB) has gathered some steam. Currently, there are 39,719 BTCB out...
Argentinean Central Bank Asks Local Banks for Information on Customers Who Deal With Cryptocurrencies
5.4.2021
As cryptocurrencies keep gaining adoption in Argentina, there are discussions on how the national regulatory bodies should regulate the industry. The Central Bank of Argentina (BCRA) seems to have taken a step forward in making the picture clearer. Banks Should Provide Data Such as National...
French Crypto Investor Sues Australian Firm After Klaytn Deal Goes South
31.3.2021
French businessman Alexandre Raffin, who runs the Paris-based Gains Associates, a company that allows investors to pool their money and buy crypto, has filed a lawsuit in an Australian court against crypto advisory and research company Modern Assets Australia. Raffin accused the Australian firm...
Powers On… Why the SEC is not your friend (and how to deal with that)
30.3.2021
A former SEC attorney argues that Ripple's Brad Garlinghouse and Chris Larsen are being asked for documents that seem to demonstrate significant overreach
Travel Giant Webjet (WEB:ASX) Enters Crypto through an Unprecedented $4.1M Deal with LockTrip.com
29.3.2021
Australia-based superbrand Webjet recognizes the value potential of the blockchain startup LockTrip and joins its mission by securing the rights for up to a 51% stake in what is a unique deal for the blockchain space. Summary of Article Travel Industry Leader Webjet Limited to invest up to $8.3M...
On The Falcon and The Winter Soldier, the Struggle to Deal With Cap’s Legacy Is Real
26.3.2021
One of the biggest memes of the past week has utilized the surprise appearance by John Walker as “the new Captain America” at the end of The Falcon and the Winter Soldier’s premiere episode. Seeing this seemingly goofy, obviously inferior, version of the superhero—previously characterized by Chris...
Domestic and Foreign Buyers Acquired a ‘Tokenized’ Apartment in a Spanish City by Paying With Ethereum
26.3.2021
National and foreign buyers acquired a “tokenized” apartment in Spain with ethereum, which involved a domestic crypto exchange and a real estate investment firm. The city of Sevilla was the scenario for the crypto deal between the parties. Transaction Was Worth Over $64,000 According...
Crypto Exchange FTX on the Verge of Winning Naming Rights for the Miami Heat’s Arena
24.3.2021
Samuel Bankman-Fried’s FTX crypto exchange is reportedly one vote away from winning a naming-rights deal for the arena of the NBA’s Miami Heat. The deal, which is believed to be worth $135 million, is set to be approved on March 26 by the Miami-Dade County Commission. Miami-Dade to...
Morgan Stanley Rules out M&A Deal for Bithumb, Binance Is 'Always Open'
23.3.2021
The American investment banking powerhouse Morgan Stanley has dismissed reports linking it to a possible M&A deal for the South Korean market-leading crypto trading platform Bithumb as “unfounded.” Meanwhile, Binance reiterated that they're always open for possible partnerships.
Per the South...
Deutsche Bank, Visa, Binance, Naver Eye Deal for Bithumb – Report
22.3.2021
Rumors appear to be hotting up as rival players – including the likes of Deutsche Bank, Visa, Binance and the search engine operator Naver – have reportedly held talks about buying minority or controlling stakes (or possibly even taking over) Bithumb, South Korea’s biggest crypto exchange.
As...
Xbox Smart Delivery Turned Out To Be A Pretty Big Deal
19.3.2021
When Microsoft started slipping the made-up phrase “Smart Delivery” into all of its Xbox Series X/S marketing last year, it seemed like just another pair of empty buzzwords. Surely all games would just simply work after you installed them on your expensive new hardware, whether they supported...
Morgan Stanley Rumored to Negotiate Bithumb Deal
19.3.2021
US-based major investment bank Morgan Stanley is in negotiations to buy a stake in South Korean leading crypto exchange Bithumb, per local media reports.
It was reported by Asiae and Naver, citing an undisclosed source within Bithumb.
Accounting firm Samjong KPMG, an M&A advisor for Bithumb...
Why Medicare for All Must Be Part of the Green New Deal
17.3.2021
In 1991, Larry Barragan got word that the oil refinery in Long Beach, California where he was working would be closing. It was one of the scariest moments of his career. Barragan was nervous about losing his income, but even worse was the thought of losing his health insurance, especially because...
Cryptocurrency and Stock Trading Platform Etoro Aims to Go Public Through a $10.4 Billion SPAC Deal
16.3.2021
The online cryptocurrency and stock brokerage platform Etoro has announced the company is going public via a deal with a special purpose acquisition company called Fintech Acquisition Corp V. The Etoro merger is a $10.4 billion deal, backed by the banking entrepreneur and Fintech Acquisition Corp...