Search
Social Media Giant Snap Disbands Web3 Team Amid Mass Layoffs
1.9.2022
The company, which reported its lowest growth numbers in five years in the second quarter, will lay off a fifth of its staff
Tech giant Meitu loses over $43M of its crypto investment in bear market
1.9.2022
Meitu was one among many public companies that purchased Bitcoin to hold as a treasury reserve during the peak of the bull run last year and now joins the list of companies that have suffered heavily due to the bear market
Elon Musk Outlines New Reasons to End Twitter Deal Citing Whistleblower
1.9.2022
Tesla CEO Elon Musk has outlined new reasons to terminate the $44 billion deal to buy Twitter in a new filing with the U.S. Securities and Exchange Commission (SEC). Citing a whistleblower report, Musk’s lawyer said the allegations, known to the social media giant but undisclosed to Musk...
Mad Money’s Jim Cramer Recommends Avoiding Crypto, Other Speculative Investments
1.9.2022
The host of Mad Money, Jim Cramer, has advised investors to avoid cryptocurrency and other speculative investments. “Don’t get memed. Don’t get SPAC’d. Don’t get crypto’d,” Cramer stressed, warning of “a giant washout of all things that...
Ticket Marketplace Giant Ticketmaster Chooses Flow Blockchain for NFT Push
31.8.2022
This week, Ticketmaster Entertainment, Inc. revealed the company will give event organizers the ability to mint non-fungible token (NFT) tickets via the Flow blockchain. Last November, Ticketmaster said it was working with Polygon but since Super Bowl LVI, the ticket sales and distribution behemoth...
Indonesian e-commerce giant buys local crypto exchange for $8 million
30.8.2022
By acquiring PT Kripto Maksima Koin, the tech giant pursues a goal to become "a diverse money management hub."
South Korean Telecoms Giant LGU+ Moves Deeper into NFT Space
29.8.2022
LGU+, one of South Korea’s biggest telecoms firms, will issue a new batch of non-fungible tokens (NFTs) next month – as it looks to move further into the crypto and blockchain sectors....
Read More: South Korean Telecoms Giant LGU+ Moves Deeper into NFT Space
SEC Probes Twitter Over Spam Accounts — Court Orders the Social Media Giant to Provide Additional Data to Elon Musk
28.8.2022
Twitter Inc. has been ordered to provide additional data relating to spam and bot accounts to Elon Musk. The social media giant has sued the Tesla CEO for terminating his $44 billion offer to buy the social media platform. The U.S. Securities and Exchange Commission (SEC) has also questioned...
Exchange Giant CME’s Bitcoin Futures Just Hit a Huge Discount to Spot Prices
23.8.2022
On Monday, CME's bitcoin futures showed a 3.36% discount, surpassing previous lows of 2.39%
Report: Investment Management Giant Invesco Launches Metaverse Fund
23.8.2022
The investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will seek to capitalise on these opportunities through a highly selective, valuation-conscious...
Latam Giant Mercado Libre Launches Mercadocoin in Brazil
20.8.2022
Mercado Libre, a leading Latam-based e-tailer, has announced the launch of its own token, called “Mercadocoin,” for Brazilian customers. The token will be the main reward of a loyalty program on Mercado Libre’s platform and will be awarded to customers that purchase certain...
E-Commerce Giant Mercado Libre Debuts an Ethereum-powered Coin in Brazil
19.8.2022
The Latin American e-commerce heavyweight Mercado Libre has rolled out its own cryptoasset – named Mercado Coin – in Brazil.
The move is the latest in a series of bullish crypto-related moves from the company, which is often touted as the LATM region’s answer to Amazon. Last year, the company...
E-Commerce Giant MercadoLibre Introduces Cryptocurrency in Brazil, Plans Wider Latin America Use
18.8.2022
Mercado Coin will allow the company’s 80 million users to make purchases and receive cashback
Chinese mining giant Canaan doubles profits despite the blanket crypto ban
18.8.2022
The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June
Canadian Pension Giant Caisse Writes Off $150M Bet on Bankrupt Crypto Lender Celsius
17.8.2022
Quebec-based Caisse said Wednesday it had acted "too soon" in entering the sector
Crypto Investing Giant Paradigm Leads $20M Round for Fractional NFT Protocol
17.8.2022
Fractional, which allows for collective non-fungible token ownership, is rebranding as Tessera
Lido Finance Partners With KyberSwap Elastic to Enhance Liquidity on Polygon With Over $120,000 in Liquidity Mining Rewards
17.8.2022
Singapore — August 17th – Lido Finance, a giant in the Ethereum staking world, will be enhancing liquidity on Polygon with KyberSwap Elastic. Lido Finance is the largest platform for liquid staking services on Ethereum. Powering DeFi and CeFi applications alike with their technology, Lido...
Brazil brokerage giant with 3.6M clients launches BTC and ETH trading
16.8.2022
XP Inc has become the latest Brazilian fintech player to offer crypto trading services, following Nubank and MercadoLibre
UK Financial Giant's Crypto Move, Solana's Growth, Pudgy Penguins Get Physical + More News
12.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: UK Financial Giant's Crypto Move, Solana's Growth, Pudgy Penguins Get Physical + More News
Flutterwave Kenya License Controversy: Fintech Giant Reportedly Applied in 2019
11.8.2022
The Nigerian fintech unicorn, Flutterwave, reportedly said it submitted an application for a payment service provider license to the Central Bank of Kenya back in 2019. The fintech also said it has remained in constant contact with the central bank and is hopeful it will get the license....