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“# Netflix ‘might’ be next Fortune 100 firm to buy Bitcoin — Tim Draper ” Netflix may just be the next Fortune 100 company to buy Bitcoin (BTC) and Amazon will have to accept it, says billionaire Tim Draper. In an appearance on the Unstoppable Podcast on Feb. 28, the serial investor and hodler forecast…
“# US crypto tax startup TaxBit to channel $100M raise into UK expansion ” Major cryptocurrency tax compliance startup TaxBit has raised $100 million as it expands into Europe. According to a March 3 blog post, TaxBit has secured the funds in Series A round led by Paradigm and Tiger Capital. Additional investors included PayPal’s…
“# Top 3 NFT brands sales grew 381% in February ” NFTs had their best month ever in February, according to a report by DApp statistics trackers at DappRadar. Sales volume from the top three platforms grew to $342 million in February, up almost 400% from the $71 million recorded the month before. Sports memorabilia…
“# ‘Shark Tank’ star changes tune on Bitcoin, will allocate 3% of his portfolio ” Businessman Kevin O’Leary, who appears on the reality TV show Shark Tank and once called Bitcoin a “giant nothing burger,” has now joined the laser eye community. In a tweet yesterday, O’Leary said he would be allocating 3% of his…
“# You can now buy a used Hyundai, not just a Lambo, with Bitcoin ” HGreg, a Quebec-based vehicle superstore with 30 North American locations, will begin accepting cryptocurrency payments for new or preowned vehicles this month. The auto dealer, which has locations in Quebec and Florida, is becoming one of the first large automotive…
“# Litecoin creator draws parallels between 2021’s NFT and 2017’s ICO mania ” Charlie Lee, the creator of major cryptocurrency Litecoin (LTC), believes that the ongoing spike in popularity of the non-fungible token, or NFT, industry has much in common with the 2017’s initial coin offering, or ICO, mania. Lee provided at least five similarities…
“# Enterprise meets DeFi: Organizations work toward adopting blockchain tech ” Decentralized finance is quickly maturing. While the total value locked in DeFi is over $45 billion, financial institutions and large corporations are starting to implement DeFi concepts to automate business processes. This is known as “enterprise DeFi.” For instance, invoices and other financial products…
“# Turkish finance ministry to study cryptocurrency with local regualtors ” Turkey made itself a name as a crypto-friendly country with a “wait and see” approach on digital assets, but that could be about to change as the government is now ready to take things in hand. The Turkish Ministry of Treasury and Finance went…
“# Blockchain sports firm Chiliz to expand in US with $50M investment ” Major blockchain sports venture Chiliz is planning a $50 million expansion into the United States, CEO Alexandre Dreyfus announced Tuesday. Dreyfus told Cointelegraph that the firm is setting up an office in New York and will start working with local leagues and…
“# Investor Dan Loeb doing ‘deep dive’ into crypto ” Dan Loeb, CEO of New York-based asset management firm Third Point and a well-known figure on Wall Street, has said he is looking into ways to bridge the gap between traditional finance and the crypto space. In a series of tweets to his followers on…