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Blockchain - The Urban Mine

Category: Blockchain

MetaWeek to Take Place in Dubai on March 7-10, 2022, Shaping the Future Trends for Metaverses and Blockchain

Investors, NFT artists, blockchain brightest minds, DeFi experts and DAO representatives will converge to UAE for a week-long event with a full-scale trailblazing digital and physical networking experience. Community leaders will discuss what will define the development of blockchain space and the upcoming realm of Metaverses.  Organised by NexChange Group, MetaWeek will take place at

Wharton Accepts Cryptos as Tuition for Blockchain Courses

The Wharton School, a premier business school at the University of Pennsylvania in the United States, officially accepts cryptocurrency as a payment method for blockchain courses through Coinbase exchange.  The Ivy League business school has stated that its newest online executive education program, “The Economics of Blockchain and Digital assets” course, started on January 2022,

Robinhood’s Shares Tumble 15%, Posts $423M Net Loss

Robinhood Markets Inc’s shares tumbled 15% in after-hours trade as the commission-free brokerage firm saw a $423 million net loss in the last quarter. Robinhood said it lost $0.49 per share in the three months that ended in December. While a year before its initial public offering (IPO), Robinhood’s net income was $7 million or

SEC Rejects Fidelity’s Wise Origin Bitcoin Trust spot ETF

The United States Securities and Exchange Commission (SEC) has published an order disapproving a proposed rule change to list and trade the shares of the Fidelity Investment-backed Wise Origin Bitcoin Trust under the BZX Rule, marking another blow in the pursuit of the spot Bitcoin Exchange Traded  Fund (ETF) product in the United States. Fidelity

Fireblocks Raises $500M, Taking Valuation to $8B

Digital asset infrastructure provider Fireblocks said that it has raised $500 million from investors, which lifted the company’s value to $8 billion. The investment it raised from institutional investors made it one of the largest financing rounds in the cryptocurrency sector in the last few years, according to Reuters. The company also acknowledged that it

Canada should ‘plant a flag’ in crypto, Says Wealthsimple Co-founder

Mike Katchen, CEO and co-founder of crypto and stock trading platform Wealthsimple, said the Canadian government should work on growing cryptocurrency and blockchain companies in Canada. During a discussion at the Canada Club in Toronto on Wednesday, Katchen said that blockchain technology is “very exciting” and that Canadian government officials and regulators should improve the tax

Asia’s SoftBank and Temasek Join to Fund FTX US

FTX US reached an $8 billion valuation after receiving $400 million from Asian investment giants SoftBank Group and Temasek Holdings in its first round of funding. The Japanese technology investment giant and the Singapore state holding company were joined by Paradigm, Multicoin Capital, Tribe Capital, Ontario Teachers’ Pension Plan Board and others for the series

Is Bitcoin Experiencing Short-Term Pain Points for Long-Term Gain?

Bitcoin (BTC) experienced a drop in the last 24 hours after the U.S. Federal Reserve (Fed) cemented its status of a planned interest rate hike. In recent months, the speculation of higher rates and diminishing liquidity has decreased trader enthusiasm in the crypto market.  The top cryptocurrency was down by 4.06% in the last 24