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NFT Investment Firm To Float In London

NFT Investments, established by the co-founders of cryptocurrency firm Argo Blockchain, said on Thursday (April 1) they intend to raise around 10 million pounds ($13.77 million) by floating on the niche Aquis Stock...

Thu, 01 Apr 2021, 07:55 am UTC
Business
NFT Marketplace OpenSea To Add Ethereum Layer 2 Protocol For Gas-Free Trading

Non-fungible token (NFT) marketplace OpenSea is planning to integrate an Ethereum scaling solution in a bid to remove costly gas fees, a sticking point for many of the new users rushing into the NFT space. The...

Thu, 01 Apr 2021, 03:56 am UTC
Business
Bitcoin (BTC) is now becoming a part of the treasury reserves of some South African firms

Bitcoin is now part of the treasury reserves of some U.S. publicly-listed firms, such as MicroStrategy and Square, as they started to invest in the crypto last year. Their South African counterparts are joining the trend...

Wed, 31 Mar 2021, 14:40 pm UTC
Business
Coinbase Opens Office In India Despite Crypto Ban Reports

Cryptocurrency exchange operator Coinbase has announced that it is establishing a business presence in India. The company has also posted several job openings for its Indian operations despite reports that the government...

Wed, 31 Mar 2021, 06:26 am UTC
Business
Bitcoin (BTC) payments now accepted by luxury exotic car rental MPH Club

Crypto adoption is on the rise as more firms have started to accept cryptocurrency as payment for their products and service. One of the latest firms to join the trend is the luxury exotic car rental MPH as it began...

Tue, 30 Mar 2021, 14:32 pm UTC
Business
Bitcoin creator Satoshi Nakamoto could become the world’s richest person if BTC reaches this price

The crypto market rally has catapulted Bitcoins price to new heights. In just a little over a year, BTCs value has surged more than ten times creating more crypto millionaires in the process. Based on data from...

Tue, 30 Mar 2021, 06:36 am UTC
Business
Institutional Hype Surges as Big Business Invests in Bitcoin Amidst Fiat Devaluation

Staring into the face of fiat devaluation and currency destruction, big investors are turning towards crypto. Recoinage, or the process of changing currencies, is something that the world is familiar with. Something...

Thu, 25 Mar 2021, 01:16 am UTC
Business
South Korea’s Naver joins bid for crypto exchange Bithumb, competes with Visa, JPMorgan, Deutsche Bank

The list of potential buyers for the crypto exchange Bithumb jump keeps getting longer. A South Korean internet company has reportedly started negotiations to acquire a stake in the countrys largest exchange. Naver, a...

Wed, 24 Mar 2021, 15:58 pm UTC
Business
How stablecoins make money

Stablecoins are cryptocurrencies with value tied directly to a tangible asset such as the U.S. dollar or a precious metal like gold. Since the value is tied to the price of a stable asset that is said to be held in...

Tue, 23 Mar 2021, 00:49 am UTC
Business
Morgan Stanley Bids For Bithumb For $2 Bln Valuation

Crypto analyst Joseph Young tweeted to state that Morgan Stanley is reportedly bidding for Bithumb, South Koreas top crypto and Bitcoin exchange, for $2 billion...

Fri, 19 Mar 2021, 02:31 am UTC
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