American Premium Water Corporation Acquires Crypto Mining Company CloudX

American Premium Water Corporation announced the acquisition of cryptocurrency mining and staking company CloudXchange DataCentre Inc. (“CloudX”) for $45.6 million. Under the terms of the agreement, seller CloudX committed its wholly-owned subsidiary CloudX SG, which is primarily focused on cryptocurrency mining, to generate earnings before interest, taxes, depreciation, and amortization of at least $1.5 million … Continue reading American Premium Water Corporation Acquires Crypto Mining Company CloudX

WeChat to Ban Crypto and NFT-Linked Accounts, following Updated Terms of Use

China’s WeChat, the Tencent-backed social messaging platform, has announced its plans in an indirect manner to crack down on accounts on the platform that are linked to digital currencies and Non-Fungible Tokens (NFTs). As first pointed out by an independent crypto journalist, Colin Wu, the social media giant has updated the terms of its usage, … Continue reading WeChat to Ban Crypto and NFT-Linked Accounts, following Updated Terms of Use

'Blockchain Is Bunk': Crypto Critics Find their Voice

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JPMorgan Hires Former Microsoft Executive Tahreem Kampton to Its Digital Assets-Related Payments Group

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Wahed Projects announces Strategic Partnership with EnterMed

Cranfield, England, 27th November, 2022, Chainwire WAHED is delighted to announce the signing of an official partnership with technology provider EnterMed. With over 20 years of experience in Dubai and Italy, EnterMed’s team of experts specializes in value-added integrated services and real-time applications.  How the Partnership Between WAHED and EnterMed Will Bring Value A key … Continue reading Wahed Projects announces Strategic Partnership with EnterMed

Naspers and Prosus Undergo Key Leadership Transition

Global consumer internet group Prosus (AEX and JSE Share Code: PRX) and its majority owner, Naspers Limited (JSE: NPN), have announced a significant change in their executive leadership. Bob van Dijk, who has been at the forefront as the CEO and Board member of both entities for a decade, is set to step down from … Continue reading Naspers and Prosus Undergo Key Leadership Transition

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