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The objective of setting up special purpose acquisition companies (SPACs) is to raise money through an initial public offering to buy another company. In…
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Disney enters metaverse by patenting its technology for theme parks The world’s largest media and theme park company was recently approved for a virtual…
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Today, we got the chance to chat with Sky Guo, the Co-Founder and CEO at Cypherium. In this interview, we discussed Cypherium’s goals, what…
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Apple has no plans to use its $200 billion cash reserve to invest in cryptocurrency. While there is no intent to accept crypto as payment “in the immediate future,” the company is “definitely” looking at other things. Bitcoin and Ether meanwhile have rallied to new highs – $69,000 and…
According to research by Kazakhstan’s Data Center Industry & Blockchain Association, or NABDC, cryptocurrency mining might generate $1.5 billion in revenue for the country over the next five years. The government currently earns roughly 98 billion tenge ($230 million) each year from corporate digital currency mining. According to local…
AMC Entertainment is modernizing its technological infrastructure to allow customers to purchase movie tickets online using Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Dogecoin (DOGE). It doesn’t end there, there is more to the development. Adam Aron, the company’s CEO, inquired on Twitter early Friday morning if consumers would…
The new capital will be used to expand, offer new products, raise headcount, and support early adopters. Besides the listing platform, it also has an exchange that is managing $1 billion in monthly trading volume. CoinList saw its user base grow by 42 times over the past year. Cryptocurrency…
The pilot program will use Pax Dollar (USDP) instead of Diem. The social media giant tapped Coinbase Custody to store crypto assets. US senators wrote an open letter, demanding that CEO Mark Zuckerberg “immediately discontinue” the Navi pilot project. Facebook has launched a pilot program for its digital wallet…
In May/June, China outrightly banned all crypto-related activities including Bitcoin mining in the region. Since then there has been a large exodus of miners away from China, as a result, Bitmain has also seized shipping Antminer into China. Bitmain has boosted its production capacity to other regions of the…
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