Month: November 2021
Dai
Dai is a stablecoin whose value is pegged to the U.S. dollar, which means it is shielded from the wild swings in prices that are typically associated with a cryptocurrency. Users generate dai by depositing […]
Binance US to Close Pre-IPO Funding in 1-2 Months, Founder CZ Says
Binance, the global crypto exchange CZ started in 2017, has also set up an entity for its global headquarters and is currently communicating with regulators around the world, the CEO said. He named France, the […]
US City Installs Crypto ATM at Airport After Accepting Cryptocurrency for Payments – Finance Bitcoin News
The U.S. city of Williston in North Dakota is installing a cryptocurrency ATM at its international airport. “This marks the first government-hosted cryptocurrency kiosk,” the city said. Williston also accepts cryptocurrencies for payments of utility […]
What Is a SPAC? Your Questions Answered
SPACs have been an increasingly popular option for companies looking to go public, especially during the global slowdown caused by the coronavirus pandemic. But what are SPACs and why is everyone talking about them? A […]
Why Marathon Is Comfortable With Bitcoin Plunging, Says BEP Is $6,500
Marathon Digital Holdings’ (MARA) Fred Thiel said that Bitcoin price would need to drop 80% for the coin to stop being profitable for the company thus entering a challenging situation. Marathon is not worried about […]
Kleiman v. Wright: A Story of Physical and Financial Tribulation
MIAMI – The federal civil trial of Kleiman v. Wright continued in Miami Thursday, with witnesses for the defense suggesting it was unlikely that Dave Kleiman had a business partnership with Craig Wright to invent […]
TIME Magazine to Hold ETH on Balance Sheet as Part of Galaxy Digital Metaverse Deal
The list will “highlight those companies that are having the most impact within the space,” some of which may be blockchain companies, while others could be providing solutions provide solutions “to make experiences within the […]
BIT Mining’s Q4 Revenue to Fall Due to Its Mining Pool Exiting China
Hong Kong-based cryptocurrency miner BIT Mining (BTCM) said fourth-quarter revenue will fall 10% to 20%, as its mining pool business, BTC.COM, completely exited the Chinese market. “The company is working on solutions with its existing […]
