Business | Crypto Profit Bot

GoldenTree Asset Management is reportedly investing in Bitcoin

July 30, 2021

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At least three executives at the $45 billion firm have participated in a funding round for the blockchain-focused VC group Borderless Capital. 5277 Total views 27 Total shares New York-based asset management firm GoldenTree has reportedly added Bitcoin to its balance sheet, though the amount of this supposed investment remains unknown. According to a Friday […]

NFTs can be a good pathway to draw women into crypto, says Lavinia Osbourne

July 30, 2021

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Though nonfungible token projects are one path to entry, women are still underrepresented in many crypto and blockchain firms. 1690 Total views 300 Total shares Women looking for a way to enter a male-dominated space like crypto and blockchain may be drawn in by nonfungible tokens, according to Women in Blockchain Talks founder and host […]

Weekly roundup: Ark Invest, Edge Wealth Management, and Rothschild Investment accumulate crypto

July 23, 2021

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Cathie Wood’s Ark Invest purchased more than 450,000 GBTC shares in two separate buys this week. 2559 Total views 5 Total shares As the price of Bitcoin returned to more than $32,000 this week, some major firms announced they had increased their exposure to cryptocurrencies through Grayscale’s crypto trusts. According to a Friday filing with […]

Harmony announces $1M hackathon aimed at merging traditional finance and DeFi

July 16, 2021

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The hackathon will run for roughly six weeks from Aug. 15 to Sept. 30 and include four challenges from three different categories. 2540 Total views 9 Total shares The Harmony blockchain has opened registration for a hackathon starting next month with more than $1 million in seed funding and prizes for participants. In a Thursday […]

Dapp for Diem blockchain partners with Polkadot infrastructure provider

July 16, 2021

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Pontem founder Boris Povod said the partnership was aimed at improving Polkadot’s current node infrastructure, with Pinknode providing “reliable and secure API endpoints.” 7535 Total views 4 Total shares The decentralized application aiming to connect Facebook’s Diem blockchain with public networks is partnering with node infrastructure provider Pinknode. In a Friday announcement, the Pontem Network […]

Capital International purchased $600M in MicroStrategy stock

July 9, 2021

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MicroStrategy’s stock price rose by more than 1.5% to reach $628.44 at the time of publication, making Capital International’s shares worth roughly $600 million. 5199 Total views 9 Total shares Financial services company Capital International invested more than half a billion dollars into business intelligence firm MicroStrategy stock. In MicroStrategy’s filings to the U.S. Securities […]

Bitcoin.org owner reports site hit with ‘absolutely massive’ DDoS attack

July 5, 2021

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The attack comes just one week after a U.K. court ordered the website to stop hosting the Bitcoin white paper. 4443 Total views 7 Total shares A website aiming to support the development of Bitcoin has reportedly been hit with a DDoS attack. Cøbra, the pseudonymous owner of Bitcoin.org, reported on Twitter today that the […]

Greenidge plans to expand mining operations to South Carolina

July 2, 2021

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According to the crypto mining firm, the South Carolina facility has been capable of drawing 80 megawatts of power, two thirds of which is produced from zero carbon energy sources. 991 Total views 6 Total shares Bitcoin mining company Greenidge Generation announced it would be starting operations in South Carolina as early as this year. […]

Coinbase will pay users 4% interest on USDC holdings

June 29, 2021

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The announced yields represent the exchange increasing interest for USDC holders by more than 2,500% since it was lowered significantly last June. 4753 Total views 9 Total shares Major cryptocurrency exchange Coinbase has announced users will be able to earn 4% interest on USD Coin through a product the company compared to an alternative to […]

Nigerian secondary school will accept crypto payments despite regulatory uncertainty

June 25, 2021

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“We believe one day digital money will gain more acceptance than paper money,” said school director Sabi’u Musa Haruna. 2472 Total views 7 Total shares A private secondary school based near the Nigerian city of Kano has announced it will be accepting payments for school fees in cryptocurrency amid the country’s central bank banning financial […]

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