Tag: business

Jan 18 2021

Nvidia May Restart Production of Crypto Mining GPUs if Demand Sufficient

Jan 18 2021 Published at CoinDesk under tags  business coinflash gpus mining news

Selling dedicated crypto cards would alleviate pressure on Nvidia's consumer models.

Huobi Global Connects to European Banking System via UK’s BCB Group

Jan 18 2021 Published at CoinDesk under tags  bcb group business coinbase huobi kraken

The crypto exchange is partnering with BCB Group to get instant GBP and euro settlement for its customers.

Legendary Soccer Club AC Milan to Launch Fan Token

AC Milan is launching a fan token. Owners of ACM will be able to vote in key club decisions and benefit from rewards. AC Milan Moves On-Chain AC Milan is moving onto the blockchain. The legendary soccer club has partnered with the tokenized sports exchange Chiliz...

Australian Bitcoin Trader Takes Banks to Tribunal After Sudden Account Closures

The trader had operated a registered digital currency exchange, but said he was unable to continue operating without banking services.

Publisher of ‘Infinite Fleet’ Game Kicks Off Token Offering With $1M Tether Investment

Jan 18 2021 Published at CoinDesk under tags  business europe gaming news stos

The security token offering enables investors in select EU countries to share in future profits, Exordium says.

Alameda Research Leads $50 Million Investment in Travel App Maps.me

Maps.me is integrating DeFi for its 140 million users. Ahead of the overhaul, the travel app raised $50 million in a funding round led by Alameda Research. Maps.me Makes DeFi Move Maps.me, an offline mapping app with more than 140 million users, has raised $50...

Coinbase Joins $6M Funding Round for Licensed Middle-East Exchange Rain Financial

The $6 million Series A round was led by Middle-Eastern VC firm MEVP Capital.

Jan 15 2021

Cardano Wants to Help Twitter Decentralize Social Media

Jan 15 2021 Published at Crypto Briefing under tags  business

Charles Hoskinson, head of IOHK and Cardano, has expressed interest in helping Twitter build a decentralized social media standard. Twitter CEO Reaffirms Bluesky Standard Twitter is currently in the process of building Bluesky, a decentralized social media standard first announced in...

Mt. Gox Creditors Will Soon Claim $4.9 Billion in Bitcoin

Jan 15 2021 Published at Crypto Briefing under tags  business

Former Mt. Gox investors will soon be compensated for stolen Bitcoin. However, some are concerned that an influx of newly-circulating BTC into the market could impact prices. Mt. Gox was shut down in February 2014 after a major security breach caused the loss of...

Goldman Sachs to Enter Crypto Market ‘Soon’ With Custody Play: Source

Jan 15 2021 Published at CoinDesk under tags  business crypto custody goldman sachs

Goldman, JPMorgan and Citi are all said to be looking at crypto custody.

Why Celsius Thinks CEL Won’t Receive the Same SEC Treatment as XRP

In an interview with CoinDesk TV, CEO Alex Mashinsky explained why CEL has drawn recent interest from altcoin investors.

MahaDAO’s Algorithmic ‘Valuecoin’ Goes Live on Ethereum

Jan 15 2021 Published at CoinDesk under tags  business defi india stablecoins tech

ARTH tries to maintain its value over time compared to other stablecoins that lose value as the dollar is inflated.

Miami Mayor Keen to Invest City’s Treasury Reserves in Bitcoin

Jan 15 2021 Published at Crypto Briefing under tags  bitcoin business miami

Miami Mayor Francis Suarez is considering allocating a portion of the city's treasury reserves into Bitcoin. He wants to turn Miami into the country's friendliest crypto city. Miami Mayor Warms to Bitcoin In an interview with Fox Business, the mayor of Miami,...

Bittrex Won’t Disclose Why It Withdrew Support for Dash, Zcash, Monero

Jan 15 2021 Published at CoinDesk under tags  bittrex business privacy privacy coins tech

As of today, zcash, monero and dash won’t be included among Bittrex’s tradable assets.

Bitcoin, Crypto ETPs Top German Stock Exchange Volume

The daily average trading volume for a Bitcoin ETP on Germany's alpha exchange has surged to $69 million in January. This is the second-highest across the German market, according to data shared by Deutsche Borse. European Investors Hedge With Bitcoin ETP...

JPMorgan Provides $100M Financing Facility for Blockchain Mortgage Platform Figure

The facility covers both conforming and jumbo mortgages – loans in excess of the traditional lending restrictions.

Ripple Tech to Power New Malaysia-Bangladesh Remittance Corridor

Jan 15 2021 Published at CoinDesk under tags  bangladesh business malaysia news payments

Malaysia's Mobile Money and Bangladesh's bKash will leverage RippleNet for wallet-to-wallet transactions.

Jan 14 2021

Lido Protocol Does Eth 2.0 Staking but With a DeFi Twist

Jan 14 2021 Published at CoinDesk under tags  business daos defi eth 2.0 ethereum

There's a new yield farm for those backing Ethereum 2.0.

Coinbase Creates Open-Door Policy for New Listings

Jan 14 2021 Published at Crypto Briefing under tags  business

Coinbase has created a new system called Asset Hub that will make it easier for crypto projects to earn a listing on the exchange. Asset Hub Streamlines Submissions According to the announcement, Asset Hub allows projects to request a listing for their token and...

Institutional Investors Dominate Grayscale’s 900% Annual Gains in 2020

Grayscale began 2020 with $2 billion in assets under management (AUM) and finished the year with over $20 billion AUM. In the latest report, the firm identifies "unprecedented" institutional demand as its growth source. ...

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