Category: Business

Blackrock CEO says crypto ‘may become a great asset class’ but is no substitute for currency

April 15, 2021

Crypto Nanobot 0

Larry Fink said he hadn’t been seeing great institutional demand for crypto within Blackrock’s circles. 4868 Total views 23 Total shares Despite the successful rollout of Coinbase’s stock on Wednesday, Blackrock CEO Larry Fink still expressed some concerns over the institutional adoption of crypto. In an interview with CNBC’s Squawk Box on Thursday, Fink said […]

Continue Reading

Crypto.com will provide liquidity to Finxflo in new partnership

April 13, 2021

Crypto Nanobot 0

“We want to eliminate the hurdles associated with crypto trading, and streamline the experience for new retail investors,” said Finxflo CEO James Gillingham. 5147 Total views 23 Total shares Cryptocurrency exchange platform and card issuer Crypto.com will be providing liquidity in a new partnership with Singapore-based hybrid liquidity aggregator Finxflo. In an announcement on Tuesday, […]

Continue Reading

Riot Blockchain Bitcoin production jumps 80% over pre-halving levels

April 12, 2021

Crypto Nanobot 0

The company said it held more than $94 million in crypto as of March 31, all from Bitcoin it has mined. 837 Total views 6 Total shares In an announcement today, Riot reported that it had produced 187 Bitcoin (BTC) — roughly $11.2 million — last month, an 80% increase over its BTC mining in […]

Continue Reading

Bitstamp crypto exchange hires former Barclays exec as new COO

April 8, 2021

Crypto Nanobot 0

Sameer Dubey is a 10-year veteran of Barclays and former head of operations for N26. 2013 Total views 19 Total shares U.K.-based crypto exchange Bitstamp has hired a former director of financial services company Barclays’ payments team as its chief operating officer. In an announcement today, Bistamp said it would be appointing Sameer Dubey to […]

Continue Reading

NFTs are accelerating Topps’ digital transition, says chair

April 6, 2021

Crypto Nanobot 0

Michael Eisner said the trading card manufacturer is “25% digital” and growing due in part to blockchain technology. 670 Total views 11 Total shares Topps, one of the world’s premier trading card manufacturers, recently announced its intention to pursue a public offering following an explosion in the digital market. In an interview with CNBC’s Squawk […]

Continue Reading

Marshall Islands digital currency would ‘raise risks,’ says IMF

March 24, 2021

Crypto Nanobot 0

Thanks to COVID measures, the local economy may not recover until 2022. 113 Total views 1 Total shares A representative for the International Monetary Fund has said the Marshall Islands’ digital sovereign currency would currently pose a risk to the islands’ financial stability.  Following a March consultation, International Monetary Fund, or IMF, representative Yong Sarah […]

Continue Reading

Mining firm aims to go public through merger with Nasdaq-listed company

March 22, 2021

Crypto Nanobot 0

Support.com and Greenidge Generation are expected to complete the merger in the third quarter of 2021. 2424 Total views 15 Total shares Greenidge Generation, a New-York based Bitcoin mining company that owns its own power plant, aims to go public through a merger with technical support provider Support.com. In an announcement today, Greenidge said it […]

Continue Reading

Polkadot becomes latest to use Simplex’s fiat on-ramp

March 19, 2021

Crypto Nanobot 0

The integration with Simplex will provide DOT users another route from fiat into crypto. 9346 Total views 26 Total shares Fiat-to-crypto on-ramp provider Simplex will now support Polkadot in its network of crypto exchanges, wallets and brokers. In an announcement today, Simplex said its integration of Polkadot and its DOT token would allow crypto users […]

Continue Reading

Andreessen Horowitz leads $23M round for NFT marketplace OpenSea

March 18, 2021

Crypto Nanobot 0

Will this new funding round pave the way for OpenSea to become the Amazon of NFTs? OpenSea, one of the largest digital collectible marketplaces, has secured backing from venture capital firm Andreessen Horowitz, or a16z, and others in a new funding round. According to Andreessen Horowitz, the firm is leading a $23 million Series A […]

Continue Reading

Alameda Research invests $20M in Reef Finance

March 12, 2021

Crypto Nanobot 0

The investment will reportedly allow Reef to implement more cross-chain integrations with Serum and Raydium on Solana. 9641 Total views 27 Total shares After investing in travel app Maps.me and decentralized finance protocol Oxygen, Alameda Research will be putting $20 million into Reef Finance, the Polkadot-based DeFi platform. According to Reef Finance, Alameda Research will […]

Continue Reading