#Virgin Galactic shares plummet after chairman dumps 3M stake

#Virgin Galactic shares plummet after chairman dumps $213M stake

“#Virgin Galactic shares plummet after chairman dumps $213M stake” Virgin Galactic’s stock took a nosedive Friday after chairman Chamath Palihapitiya cashed out his personal stake for about $213 million. Shares in Richard Branson’s space-exploration firm tumbled 21 percent to a low of $23.95 after Palihapitiya, a prominent venture capitalist, revealed that he dumped the last…

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# Square’s 7M stake in Tidal could unlock DLT features, analyst says

# Square’s $297M stake in Tidal could unlock DLT features, analyst says

“# Square’s $297M stake in Tidal could unlock DLT features, analyst says ” Square’s majority stake in Jay-Z’s streaming service Tidal could potentially result in some blockchain-related functionalities on the platform, according to one analyst. Avivah Litan, a technology analyst at consulting company Gartner, suggested that Square’s $297 million investment could push Tidal to start…

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# Colombia’s oldest commercial bank pilots crypto services

# Colombia’s oldest commercial bank pilots crypto services

“# Colombia’s oldest commercial bank pilots crypto services ” Colombia’s oldest commercial banking institution, Banco de Bogotá, is reportedly exploring cryptocurrency-related services. According to a report by local news agency Portafolio, Banco de Bogotá announced Monday that it will participate in a pilot project directed by the Superintendencia Financiera de Colombia, the country’s top financial regulator….

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