Category: Blockchain

Bitcoin mining company Griid announced that it will merge with Adit EdTech Acquisition Corp through a special purpose acquisition company (SPAC) to be listed on the New York Stock Exchange under the stock code “GRDI”. After the merger, Griid which is headquartered in Cincinnati and focuses on providing vertical integration will be valued at as

Coinbase Global Inc has announced that it has acquired an Unbound security company based in Israel, developing ways to transfer and store cryptocurrencies more easily and securely.  On Tuesday, November 30, Coinbase stated that it acquired Unbound to expand its multi-party computational (MPC) capabilities, gain access to the company’s cryptographic security experts, and launch a

David Marcus, the head of cryptocurrency projects at Meta Platform Inc (formerly Facebook), announced on Tuesday, November 30, that he will be departing the firm by the end of the year to begin working on something new.  Marcus made the announcement via Facebook social media platform, saying: “After a fulfilling seven years at Meta, I’ve

Crypto investors in South Korea might have a sigh of relief because the government intends to suspend the taxation until 2023, given that it would have been heavier than other investments like stocks.  Crypto taxation has been a burning issue in the nation since its parliament brought up a bill in 2020.  The South Korean Ministry of

According to data from digital asset manager CoinShares on Monday, cryptocurrency products and funds posted record inflows in the first 11 months of 2021. As of November 26, total inflows into the crypto sector were $9.5 billion, an all-time high. While in 2020, total bitcoin inflows were $6.7 billion. On the week, inflows reached $306

SK Square, an investment company owned by South Korean wireless telecommunications company SK Telecom Co Ltd, has invested 90 billion won (about $75.4 million) in the crypto exchange platform Korbit. With the investment, SK Square now own a 35% stake in the Korbit crypto currency exchange, thus becoming the exchange’s second-largest shareholder. The largest shareholder of

Although Hong Kong’s art scene is already booming lucratively with galleries and auction houses showcasing world-class art pieces, the city is on its way to adding another milestone on its journey with non-fungible tokens (NFTs). Hong Kong is known for hosting large-scale international art events. In an artprice.com report titled “Asia: the Art Market’s centre of

Hip-hop legend Snoop Dogg’s first NFT collaboration with digital multimedia artist Coldie was minted on SuperRare. SuperRare, a marketplace for curated NFT artwork, debuted the first-ever NFT artwork collaboration between Snoop Dogg and artist Ryan Colditz, also known as Coldie, entitled Decentral Eyes Dogg. The original artwork by both artists and a new audio track by

Matt Zhang, a former trading executive at the multinational financial institution Citibank has launched the Hivemind Capital Partners to back unique and innovative startups or protocols in the digital currency ecosystem.  Hivemind Capital’s Targets Hivemind unveiled the inaugural sum of $1.5 billion to invest in crypto companies, digital trade assets and feature a first-of-its-kind, dedicated

By the end of the year, Bitcoin (BTC) is set to make the highest transfer volume of $45 trillion, a scenario not seen in its twelve-year journey. Yassine Elmandjra, an analyst at ARK Invest, confirmed: “Bitcoin is on pace to settle twice as much value this year as all of its previous years combined.