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” Starbucks announces NFT initiative as union-busting controversy continues “ Nonfungible tokens (NFTs) have seen their fair share of controversy, but now they have found their way into the midst of the battle between multi-billion dollar corporations and workers trying to unionize their workplaces in the United States. On his first day back as the…
” DeFi can breathe new life into traditional assets “ In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance and blockchain space, as well as their roles in shaping the economy of the 21st century. Traditional finance experts are warming up to the idea of…
” HSBC debuts metaverse investment fund in Asia: Report “ Global banking giant HSBC Holdings has rolled out its metaverse investment product for wealthy clients in Singapore and Hong Kong, according to multiple media reports. Called the Metaverse Discretionary Strategy portfolio, the new product is managed by HSBC’s asset management arm, HSBC Asset Management. The…
” Binance.US completes $200M seed round to hit $4.5B valuation “ Binance.US, the American partner of Binance, the world’s largest cryptocurrency exchange by trading value, has completed its first-ever external funding from investors like Circle Ventures. Binance.US has raised more than $200 million in a seed round to reach a pre-money valuation of $4.5 billion,…
” Bitcoin transaction fees hit decade lows, here’s why “ It’s a great time to move Bitcoin (BTC) between wallets and exchanges. Bitcoin transaction fees have hit all-time lows in BTC, according to research by Galaxy Digital. #bitcoin fees are at all-time lows. the craziest thing? fall 2021 was the first bull run not accompanied…
” Crypto trading to move to the metaverse, says developer-focused study “ A new study shows that developers believe that the metaverse may become the “most popular” way to buy and sell crypto someday. The study, commissioned by API provider Agora, surveyed 300 developers’ thoughts and ideas about the metaverse. “Since they will be positioned…
” Webtoon platform Kakao Piccoma buys 50% of Japan’s Sakura Exchange “ Kakao Piccoma, a Japanese digital comics’ subscription service and subsidiary of the Korean internet company Kakao, has purchased a 50% controlling stake in the Japanese cryptocurrency exchange, Sakura Exchange Bitcoin (SEBC). That makes Kakao its largest shareholder and the deal is also expected…
” Crypto billionaires increase by 60% in a year: Who made Forbes annual list? “ The Forbes crypto billionaires list has been updated, and the number of individuals who have made vast fortunes in digital assets has increased substantially. The crypto elite list now has 19 billionaires on it, which is seven more than last…
” Marathon Digital moves Montana BTC mine to pursue carbon neutrality “ Bitcoin miner Marathon Digital Holdings plans on taking a big step toward carbon neutrality with plans to transition its Montana mining facility to use sustainable power sources elsewhere. The Nevada-based company intends on relocating its coal-powered Hardin, Montana facility to a location that…
” MicroStrategy subsidiary adds another 4,197 BTC to balance sheet “ On Tuesday, enterprise software development firm MicroStrategy announced via a filing with the U.S. Securities and Exchange Commission (SEC) that its subsidiary MacroStrategy acquired 4,197 Bitcoin ($190.5 million) between February 15 and April 4. MacroStrategy has purchased an additional 4,167 bitcoins for ~$190.5 million…