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Lottery Giant 500.com Buys Bitcoin Miner BTC.com From Jihan Wu
16.2.2021
Jihan Wu. Source: a video screenshot, Youtube, Bitcoin.com - Official Channel
Listed Chinese online sports lottery service provider 500.com said it agreed to acquire the BTC.com Bitcoin (BTC) mining bussiness from Bitmain co-founder Jihan Wu.
500.com is buying the business in exchange for its newly...
Paypal to Expand Its Crypto Services Offering to the UK
15.2.2021
Paypal’s cryptocurrency services are coming to the United Kingdom, as the digital payments giant is now targeting non-U.S. countries. Buy, sell and hold digital asset products could be available for Paypal’s U.K. customers in “a number of months.” Results With the Paypal...
Amazon Is Working on Digital Currency Solutions— Pilot Project Set to Launch in Mexico
13.2.2021
The e-commerce giant is preparing to explore the crypto business, as a recent job listing suggests. Amazon is looking to launch a pilot project in Mexico that seeks to build a team that develops new solutions based on “digital currencies.” E-Commerce Giant Amazon Seeks to Target...
Mastercard Will Start Supporting Cryptocurrencies Directly on its Network
11.2.2021
Payments giant Mastercard has announced that it is preparing to allow a number of cryptocurrencies to move through its network directly. Customers, merchants, and businesses will no longer need to convert cryptocurrencies into fiat currencies to transfer through the Mastercard network. Mastercard...
Earn Money by Selling NFT Properties in Upland
11.2.2021
PRESS RELEASE. Hidden among a press release published on November 10, 2020 is one of the most significant developments in blockchain history: By partnering with Tilia Pay, Upland.me, a virtual property metaverse that offers true ownership of NFT property parcels mapped to real addresses, has taken...
South Korean Telecoms Giant KT Posts ‘Sevenfold’ Blockchain Profits
10.2.2021
The coronavirus pandemic has slowed down trade in a huge swathe of industries, but some, such as the telecommunications sector – appear to be thriving, with blockchain sales rising for KT, one of South Korea’s biggest mobile carriers.
Per Newsian, KT’s operating profits rose by 2% in the past...
Monday's Best Deals: AirPods Pro, Buy 2 Get 1 Free Games and Movies, LELO V-Day Sale, Giant Dragon Plush, Vava Dash Cam, Star Wars Games, Coffee Pods, and More
8.2.2021
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India’s Central Bank RBI Close to Digital Currency Decision as Paypal Exits Indian Payments Market
6.2.2021
The Reserve Bank of India (RBI) is actively working on a digital currency and will make a decision “very soon,” the central bank has reportedly confirmed. Meanwhile, payments giant Paypal is shutting down its payment services within India. RBI Near Digital Rupee Announcement As...
Former South Korean Social Media Giant to Relaunch Its Business by Creating a New Ethereum-Based Token
5.2.2021
A social media giant that significantly impacted South Korea’s internet influence in the early 2000s is set to take a second breath. The company plans to regain its popularity by launching a new cryptocurrency. New Ownership Reportedly Got Over $7 Million From Investors to Rebrand Cyworld...
DeFi giant Aave hits a new high at $520, TVL rises to $4.96 billion
4.2.2021
AAVE price rallied to a new high at $520, pushing the DeFi protocol’s TVL to $4.96 billion
What SEC Crackdown? Japanese Giant SBI Starts Offering XRP Lending
4.2.2021
The bond between the Japanese securities and crypto giant SBI and Ripple remains as strong as ever – with the former’s crypto exchange extending its crypto lending offerings to XRP.
SBI launched crypto lending for bitcoin (BTC) late last year for customers of its wholly owned SBI VC Trade crypto...
Finance giant SBI expands cryptocurrency lending service to XRP
4.2.2021
After launching its crypto lending service in late 2020, SBI has now added support for XRP
Former Social Media Giant Cyworld To Return With A New Token
4.2.2021
A screenshot of a promotional Cyworld video. The erstwhile South Korean social media giant Cyworld is set to take a second stab at relaunching its business under new ownership – in a bid to retain its former glory with a new token.
Per Hanguk Kyungjae, the firm is now under new ownership, after...
Visa CEO Says Payments Giant Set to Introduce Cryptocurrency Trading on Its Network
31.1.2021
Payments giant Visa Inc’s CEO Alfred Kelly has revealed his firm’s plans to enable cryptocurrencies trading on its network. Kelly, who is also chairman of the firm, explains that there is no reason not to add cryptos when these are increasingly becoming “a recognized means...
A Look at Facebook’s Diem Wallet- Token Sale Accepts 3 Cryptos, Strict KYC, Hefty Data Collection
29.1.2021
During the last two years, there’s been a lot of interest in Facebook’s cryptocurrency diem (formally libra) and rumors of a nearing launch date went viral last November. Now the social media giant is advertising the crypto asset’s pre-sale heavily on the platform, as people...
Australian payments giant Eftpos becomes Hedera node operator
27.1.2021
Eftpos has joined Hedera’s governing council after the two entities completed a successful micropayments pilot last year
Japanese Card Giant JCB Readies Crypto Interoperability Pilot
27.1.2021
In Japan, a major player in the conventional financial sector is edging closer to crypto adoption – as credit card giant JCB announced that it would be working on a crypto-related pilot.
In a press release, the Japanese card firm said that it had begun working on a pilot with Cowry, a Tokyo-based...
Crypto Exchange Giant Coinbase to Sell Shares Privately Ahead of Public Offering
25.1.2021
According to a recent report, the San Francisco-based cryptocurrency exchange Coinbase is purportedly planning to sell stock on Nasdaq’s private market ahead of the initial public offering (IPO). Coinbase reportedly notified shareholders that they will receive information pertaining to...
Gaming Giant Netmarble Develops Blockchain-powered Way to Cap Kids’ Gaming Time
20.1.2021
Finally, a developer has come up with a blockchain application your mom will approve of: Netmarble, a South Korean video games giant, has created a blockchain-powered tool that it says will allow parents to monitor and limit their offspring’s gaming time.
Per media outlet Inven, the tool is...
Paypal to Earn $2 Billion in Revenue From Its Bitcoin Business, Says Analyst
17.1.2021
Mizuho Securities analyst Don Dolev has forecast that Paypal will earn up to $2 billion in revenue from its bitcoin business by 2023. This year, he expects that the payment giant’s overall revenue will climb 20%. Dolev says there has been a “dramatic increase in engagement due...