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“# Twitter CEO Jack Dorsey keeps saying ‘no’ to Ethereum ” Twitter CEO Jack Dorsey has again rejected the idea of him buying into Ether (ETH) despite the social media platform’s activities with Ethereum-based nonfungible tokens (NFTs). On Wednesday, the social media platform announced a giveaway through Rarible, a major NFT platform utilizing the Ethereum…
“# Binance resumes fiat withdrawals via Faster Payments in UK ” Leading decentralized crypto exchange by trade volume Binance has restored British pound withdrawals using the Faster Payments network. On June 28, Binance uploaded a notice revealing that withdrawals via Faster Payments, a popular United Kingdom-based inter-bank payments platform, had been suspended for maintenance. The…
“# tZERO to tokenize $18M of stock for the ‘Robinhood of real estate investing’ ” tZERO, an alternative trading system for security tokens, has announced a partnership with real estate crowdfunding company, NYCE Group, to tokenize $18 million worth of the firm’s shares. NYCE’s stock will be tZERO’s first new listing since launching its ASPN…
“# $22B hedge fund Point72 reportedly searching for a “head of crypto” ” New York billionaire Steven Cohen’s hedge fund Point72 Asset Management, is reportedly searching for a “head of crypto.” Cohen, the 65-year-old dubbed the “Hedge Fund King”, founded Point72 in 1992 and it has approximately $22.1 billion worth of assets under management. The…
“# Tracer DAO raises $4.5M to launch derivatives for anything ‘with an oracle feed’ ” Decentralized derivatives platform, Tracer DAO, has announced a successful $4.5 million fundraising round to expand its team and product suite. They hope to launch innovative derivatives for “any market with an oracle price feed,” with plans to one day allow…
“# Celsius users to receive yield from its $200M Bitcoin mining investment ” Alex Mashinsky, the CEO of centralized crypto money market Celsius, has revealed that a share of profits from the company’s recent $200 million investment into Bitcoin mining infrastructure will be redistributed back to depositors. Speaking to Cointelegraph, Mashinsky stated the firm’s mining…
“# Crypto miner claims all major Yunnan operations shut down in advance of CCP anniversary ” Reports alleged that cryptocurrency miners in China’s Yunnan province may be out of commission for a day if not longer due to the Chinese Communist Party’s 100th anniversary celebration this week. According to Kevin Zhang, the vice president of…
“# Investment app Betterment looking into long-term crypto offering, says CEO ” Betterment, a U.S.-based financial advisory company with roughly $30 billion under management, is mulling offering crypto investment opportunities for its customers. In an interview with Yahoo Finance released today, CEO Sarah Levy said the company had been searching for ways to offer Betterment…
“# Twitter ‘dropping NFTs all day’ in nonfungible token giveaway ” Leading social media network Twitter launched a nonfungible token, or NFT, giveaway on Wednesday in a campaign that shined the spotlight on the evolution of the social media network. Twitter announced Wednesday that it will give away 140 free NFTs to 140 of its…
“# Former Mastercard exec to lead Ripple’s European Expansion ” The Ripple and XRP community has been long-betting on mainstream adoption growth rather than its market price. In this continued effort, Ripple has announced the appointment of Sendi Young as managing director of its European operations. Strengthening Ripple’s vision to rule the cross-border payments landscape,…