Nicholas Otieno

Blog Info CryptoCurrency – Finance Magnates | Financial and business news
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Jan 21 2022

Core Scientific Debuts on the Nasdaq after It Completed SPAC Merger

On January 20, Core Scientific, a popular blockchain and Artificial Intelligence hosting, transaction processing, and application development company, announced that it has officially gone public.

Jan 20 2022

Russia’s Central Bank Proposes Ban on the Use and Mining of Crypto

On Thursday January 20, the Bank of Russia published a report that proposes ban of the use and mining of cryptocurrencies within Russian territory.

Gemini Acquires Omniex to Introduce Prime Brokerage Services

On January 19, Gemini cryptocurrency exchange based in New York, announced that it acquired Omniex trading technology platform to provide more institutional services to its clients.

European Regulator Calls for Effective Ban on Proof-of-Work Crypto Mining

Erik Thedéen, the vice-chairman of the European Securities and Markets Authority, has renewed fresh calls for widespread ban on Bitcoin mining.

Jan 19 2022

Nexo Taps Bakkt for Crypto Services

On January 19, Bakkt Holdings Inc announced a partnership with Nexo, a cryptocurrency-backed loan platform, to custody crypto assets in the Bakkt warehouse.

Coinbase Partners with Mastercard to Revolutionize NFT Purchase Experience

On January 18, Coinbase, the US largest cryptocurrency exchange, announced a partnership with Mastercard, a global payment giant, to classify NFTs as digital goods in order to allow a wider group o...

Jan 18 2022

Bitstamp Becomes Official Sponsor of Guild Esports Team

Bitstamp, a London-headquartered cryptocurrency exchange, has become an official sponsor of Guild Esports PLC, a UK-based professional esports company.

Intel Plans to Launch Bitcoin-Mining ‘Bonanza Mine’ Chip

Intel, a chip giant manufacturer, appears to be contemplating about entering into the Bitcoin mining hardware business. However, that might not be part of its upcoming GPUs.

Binance Lands Sponsorship Deal with Brazil’s Soccer League Paulistão Sicredi

On January 17, Binance, the world’s largest cryptocurrency exchange, announced that it is the new sponsor of the Sao Paulo women's soccer league, Paulistão Sicredi 2022.

Jan 14 2022

FTX Launches $2 Billion VC Fund to Invest in Crypto Startups

On January 14, FTX, a popular Bahamian-based cryptocurrency exchange led by Sam Bankman-Fried, announced a launch of a new venture capital business unit called FTX Ventures.

Jan 10 2022

Bitcoin Price Plunges below $40,000, as Global Crypto Market Sell-Off

On Monday January 10, Bitcoin plunged its price below $40,000 for the first time since September 2021. The negative record therefore heightened a bear trend that began six weeks ago.

Jan 08 2022

Tether Asks Court to Protect Private Companies’ Confidential Information

Crypto industry media company, CoinDesk, has formally joined a legal case involving stablecoin operator Tether and the New York Attorney General’s office.

Jan 07 2022

Autonomy Network Introduces AutoSwap That Offers Stop Losses and Limit Orders on Decentralized Exchanges

On January 7, Autonomy Network, a DeFi protocol, announced the launch of a unique decentralized application (DApp) known as ‘AutoSwap’ on Binance Smart Chain (BSC) blockchain network.

Jan 06 2022

Wirex Adds Six Stablecoins on Its Payment Platform

Wirex, a crypto-friendly digital payments company, has expanded its offerings with six new stablecoins. The company regards the addition as an important way of giving crypto newcomers ‘great option...

Jan 04 2022

Maverick FX Changes Corporate Name to Maverick Currencies

On January 3, Maverick FX, the foreign currency trading division of the major proprietary trading company, Maverick Trading, announced that changed its name.

Jan 03 2022

Square Enix To Invest in Play-To-Earn Crypto Mobile Games in 2022

On January 1, Yosuke Matsuda, the CEO of Square Enix, a popular Japanese video game company, wrote and published a new year’s message that highlighted the company’s future plans for NFT, metaverse,...

Dec 31 2021

Duo Exits Gemini’s APAC To Set Up Crypto Venture in Asia

Gemini’s Asia-Pacific (APAC) head Jeremy Ng and head of business development Eugene Ng have left the US crypto exchange and now plan to launch their own crypto venture within the next few months.

Dec 30 2021

Mexico Prepares To Launch Its Own CBDC by 2024

On December 29, Mexico revealed that the country would roll out a new central bank digital currency (CBCD) by 2024. That is according to a tweet posted on Wednesday evening by the Mexican government.

Coinone To Halt Withdrawal Services To Unverified External Wallets

Coinone – the third largest crypto exchange in South Korea – has announced that it will no longer allow withdrawals to non-verified external wallets beginning January 2022.

Dec 29 2021

Salvadorians Report Missing Bitcoin From Their Chivo Wallet

It has been three months since El Salvador approved Bitcoin as a legal tender. Since then, all Bitcoin transactions happen through the Government Official Wallet, popularly known as “Chivo wallet.

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