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“# Blockchain.com raises $120M funding round to grow institutional business ” Several notable macro investment funds joined the round, including Moore Strategic Ventures, Access Ventures, Rovida Advisors, Lightspeed Venture Partners, Google’s investment spin-off GV, Lakestar, Eldridge, Hayman Capital’s Kyle Bass and others. The funding will be used to bolster Blockchain.com’s growing Institutional Markets business. The…
“# German cannabis company hedges with Bitcoin in case euro crashes ” SynBiotic SE, a German cannabis company, has announced that it is following the lead of companies like MicroStrategy and Tesla in shifting part of its liquid cash holdings into Bitcoin (BTC). In a Feb. 16 update on its website, the company stated that…
“# GPU hardware firm riles gaming community by flirting with crypto miners ” Computing hardware manufacturer Zotac angered a customer base of loyal gamers on Feb. 16 after it posted a tweet apparently marketing its new Nvidia 30 series graphics cards to cryptocurrency miners. Zotac’s post showed a stack of what looks to be GeForce…
“# Microsoft has no plans to make Tesla-like move into Bitcoin, says president ” Microsoft, the second-largest company in the United States, does not apparently have any short-term plans to put Bitcoin (BTC) on its balance sheet, according to the firm’s president Brad Smith. In a Feb. 16 interview with CNN’s Julia Chatterley, Smith still…
“# Top bidder at Ultraviolet NFT auction can collaborate with 3LAU on new music ” Famed musician, producer, and Cointelegraph Top 100 awardee 3LAU has announced an upcoming NFT auction celebrating the three-year anniversary of his 2018 album Ultraviolet. The highest bidder will be able to collaborate with 3LAU on a new track. 3LAU’s “Ultraviolet…
“# Survey finds 5% of corporate CFOs plan to buy Bitcoin in 2021 ” A small scale study of financial executives has found that 5% of companies intend to invest in Bitcoin (BTC) as a corporate asset this year, with a further 11% stating they could do so by 2024. The survey conducted by Gartner…
“# Gold bug Peter Schiff gives Bitcoin permission to hit $100K ” The man who once said “Bitcoin will never hit 50K” has doubled down on the bearish prediction that Bitcoin will eventually go to zero. Back in 2019, CNBC host Joe Kernen speculated that Bitcoin’s price would reach $55,000 by May 2020. Peter Schiff mocked him at…
“# Market share of top crypto exchanges passes $1T: CryptoCompare report ” Out of the 160 cryptocurrency exchanges analyzed in a recent report, half control roughly 85% of the total market share. According to a CryptoCompare Research report published today, exchanges that the analytics firm rated as “top tier” gained 13% of the market share…
“# Report urges US government to focus on blockchain, crypto and a ‘digital dollar’ ” As the COVID-19 pandemic unfolds, the Biden–Harris administration has begun implementing new strategies to restore the U.S. economy. While notable, implementing emerging technologies, while ensuring data privacy, should also be a top priority for the White House administration to consider. Don Tapscott,…
“# Diem gets closer to launch as Fireblocks and First introduce new payment infrastructure ” The Diem Association is progressing towards launch with a new technical upgrade that reportedly allows more financial institutions to connect with the payment network. Crypto security specialist Fireblocks and First Digital Asset Group, a Diem payment provider, announced Tuesday that…