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Tether Restructures with New Divisions Beyond Stablecoin Development
18.4.2024
This strategic move by Tether includes the introduction of four new business divisions: Tether Data, Tether Finance, Tether Power, and Tether Edu.
The post Tether Restructures with New Divisions Beyond Stablecoin Development appeared first on Cryptonews
Brokerage Oanda to Launch Crypto Trading in the UK: Report
26.2.2024
Brokerage firm OANDA is launching crypto trading in the UK and will be based in London, and the new business will be dubbed, “OANDA Crypto."
The post Brokerage Oanda to Launch Crypto Trading in the UK: Report appeared first on Cryptonews
Luxor Starts New Business to Make Shipping of Bitcoin Mining Rigs Faster
20.11.2023
The bitcoin mining services firm has previously shipped over $245 million worth of equipment to more than 30 countries
Japanese Gaming Company Gumi Partners With Square Enix and SBI Holdings to Strengthen Metaverse Pivot
28.12.2022
Gumi, a Japanese mobile gaming company, has partnered with Square Enix and SBI Holdings to build new business opportunities around the metaverse. The deal, which also includes the issuance of new stock valued at $52.7 million dollars, will allow the company to acquire financial and content creation...
Sam Bankman-Fried Wants to Start New Business to Repay FTX Users — ‘I’m Going to Try if I Can’
13.12.2022
Former FTX CEO Sam Bankman-Fried (SBF) has revealed that he wants to start another business in the hope of earning money to repay FTX customers. “I would give anything to be able to do that. And I’m going to try if I can,” he said. SBF Wants to Start a New Business...
Sam Bankman-Fried Wants to Start a New Business to Pay Back Victims of FTX Collapse – This is What You Need to Know
12.12.2022
Sam Bankman-Fried, founder and former CEO of the now-bankrupt crypto exchange FTX, has said that he hopes to start a new business and earn enough money to pay back victims of the collapse.
Speaking from the Bahamas, the disgraced crypto boss acknowledged that he was "not nearly as competent as...
SBF wants to start a new business, officially added as hearing witness
12.12.2022
With FTX creditors numbering over one million and owed up to $50 billion, FTX’s old CEO said he’s interested in starting a business to repay them all
Big Four Company KPMG to Examine New Business Models in the Metaverse
19.11.2022
KPMG, one of the “big four” companies in the consulting and auditing business, is appointing a new head of metaverse futures. The new position, to be occupied by Alyse Sue, will be dedicated to the implementation of technologies such as metaverse and crypto to find fresh business models...
LG to Launch Crypto Wallet Wallypto Later This Year
2.9.2022
LG, the South Korean electronics giant, is currently developing a cryptocurrency wallet app that will be launched later this year. The wallet, called Wallypto, will be part of a new business phase for the company, which recently abandoned its mobile hardware business and pivoted to software...
Highlights From iFX EXPO International, Cyprus – The Fintech World Came Together for Networking and New Business Opportunities
20.6.2022
The much-awaited iFX EXPO International 2022, held at the Palais des Sports, Spyros Kyprianou Athletic Center in Limassol, Cyprus, drew close on June 9, 2022. iFX EXPO International lived up to its reputation of bringing the fintech world together for professional engagement and driving the sector...
Felix Capital Raises $600 Million to Grow Web3 Exposure
11.6.2022
Felix Capital, a London-based VC company, has raised $600 million in its fourth fundraising round, this being its biggest yet. The company, which has been investing in commerce and money-tooling startups, is planning to use part of the funds raised to increase its Web3 exposure as part of its...
PUBG Developer Krafton Partners With Solana Labs to Build Blockchain Games and Services
26.3.2022
Krafton, the company behind the development of the blockbuster videogame PUBG, has announced a partnership with Solana Labs with the objective of building its blockchain game offering. The new business plan of the company includes the creation of token economies to power play-to-earn (P2E)...
New Hampshire hopes its express approval of crypto-friendly law will attract new business
17.3.2022
A New Hampshire bill would commit the state to a new UCC section before finalization to show its commitment to the blockchain industry
Deutsche Bank to Exit Russia, Says There Will Be No New Business There
13.3.2022
Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted....
Lockdown to metaverse: Pandemic leads crypto entrepreneur to new business headquarters
9.3.2022
Soon after getting stuck in the city, crypto entrepreneur Ilman Shazhaev says he realized that Dubai is the best place to conduct international business
DAOs: Where humans may fail, AI could succeed
6.2.2022
Without robots, DAOs may never be more than a pipe dream, as fully automated DAOs eliminate the barriers related to human bias
Blockchain-enabled digital fashion creates new business models for brands
24.1.2022
A “digital-first” model is disrupting the fashion sector, as blockchain technology shows advanced capabilities in Web3 e-commerce and sustainability
Chinese Internet Cafe Owners Deal With the Pandemic Crisis by Using Their Facilities to Mine Cryptocurrencies
20.5.2021
The Coronavirus pandemic has driven people to take advantage of new business lines to deal with the economic crisis, and cryptocurrency is once again a headliner. Internet cafe owners in China are using their facilities to set up crypto mining farms after temporarily shutting down in 2020. Owners...
Norwegian Oil Billionaire Says BTC Could Be Worth Millions of Dollars Each — Puts Liquid Company Assets in Bitcoin
9.3.2021
Billionaire Kjell Inge Rokke’s company, Aker, has established a new business dedicated to bitcoin. Rokke believes that bitcoin could “become the core of a new monetary architecture” and each coin could be “worth millions of dollars.” His new company “will keep...
Paypal Launches Business Unit Dedicated To Cryptocurrency
6.2.2021
Paypal is launching a new business unit dedicated to cryptocurrency services, the company chief executive officer Daniel Schulman announced this week. In an earnings call on February 3, 2021, Schulman said the existing financial system is outdated and that his firm will be investing a lot of money...