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Only a Small Fraction of Institutional and Corporate Money Entered into Bitcoin Market

As Bitcoin (BTC) continues consolidating between the $30k and $40k range for more than two months, the crypto community is waiting with bated breath to see its next move.  Nevertheless, the amount invested by institutions and corporates in the Bitcoin market is a small per cent of their total cash reserve. Market analyst Lark Davis … Continue reading Only a Small Fraction of Institutional and Corporate Money Entered into Bitcoin Market

NCR Corporation Acquires Crypto ATM Provider LibertyX to Introduce a Complete Digital Currency Solution

Atlanta-based leading enterprise technology provider NCR Corporation in Georgia State announced on August 2 the acquisition of cryptocurrency software provider & cryptocurrency ATM provider LibertyX. The acquisition aims to integrate the LibertyX mobile application so that customers of NCR Corporation such as banks, retailers, and restaurants will soon be able to use digital currency to pay and purchase or withdraw … Continue reading NCR Corporation Acquires Crypto ATM Provider LibertyX to Introduce a Complete Digital Currency Solution

UWM Holdings Corp Plans to Accept Crypto for Mortgage Payment this Year

Headquartered in Pontiac, MI. UWM Holdings Corp, a large-scale wholesale mortgage lender in the United States, said it plans to accept cryptocurrency to satisfy mortgage payment this year. United Wholesale Mortgage (UWM), the nation’s largest home mortgage loan wholesale company, underwrites and provides closing documentation for residential mortgage loans originated by independent mortgage brokers, correspondents, … Continue reading UWM Holdings Corp Plans to Accept Crypto for Mortgage Payment this Year

Fox Corp Leads a $100M Strategic Investment in Blockchain Digital Content Management Company Eluvio

U.S. media giant Fox Corp announced a $100 million strategic investment in Eluvio, a blockchain digital content management company founded by Emmy technical experts Michelle Munson and Serban Simu, to expand the Non-fungible token (NFT) business. Through the $100 million Series A financing led by Fox Corp, Eluvio will further expand the widespread use of … Continue reading Fox Corp Leads a $100M Strategic Investment in Blockchain Digital Content Management Company Eluvio

Ameren Energy Corp Unveils its Secret Bitcoin Mining Operations

Missouri-based energy generation company Ameren Corp has unveiled its secret Bitcoin mining operations near the Sioux Energy Center in the state.  As announced by the Data Center Dynamics, Ameren set up the data centre back in April but did not disclose it until today, after it noted it has mined about 20 Bitcoin thus far. Per the … Continue reading Ameren Energy Corp Unveils its Secret Bitcoin Mining Operations

Investing Corporate Cash to Cryptocurrency “Doesn’t Make Sense”: Twitter CFO

While corporations are beginning to contemplate purchasing digital assets like Bitcoin to bolster their treasuries, Twitter’s Chief financial officer Ned Segal thinks otherwise.   Speaking at an interview on Monday, November 15, Segal disclosed that investing some of Twitter Inc’s corporate cash in cryptocurrencies does not make sense right now because of the extreme volatility … Continue reading Investing Corporate Cash to Cryptocurrency “Doesn’t Make Sense”: Twitter CFO

Bitcoin Flows into Ethereum Network and Corporate Treasuries as WBTC

Throughout 2021, Bitcoin’s circulating supply has experienced significant changes as part of it has flowed into the Ethereum (ETH) network, exchange-traded investment vehicles, and corporate treasuries in the form of WBTC, according to Arcane Research. The market insight provider acknowledged that Bitcoin has found other use cases after leaving crypto exchanges in the form of … Continue reading Bitcoin Flows into Ethereum Network and Corporate Treasuries as WBTC

Tokens.com Corp Launches Hulk Labs, Focusing on GamFi and NFT

Toronto-based publicly-traded Blockchain technology company Tokens.com Corp. has launched Hulk Labs, a platform focusing on Crypto-Play-to-Earn gaming and Non-fungible token (NFT) investment. In addition to crypto staking and Metaverse businesses, Hulk Labs provides and monetizes investment opportunities in the gaming and NFT space for Tokens.com shareholders. Hulk Labs, a subsidiary of Tokens.com, will represent Tokens.com’s new … Continue reading Tokens.com Corp Launches Hulk Labs, Focusing on GamFi and NFT

Circle Doubles Value to $9B with New Deal with Concord Acquisition Corp

Fintech company Circle Internet Financial has revamped its merger agreement with Concord Acquisition Corp (NYSE: CND) through a special purpose acquisition company (SPAC), doubling its valuation to $9 billion from the $4.5 billion initially announced in July 2021. Under the terms of the new agreement, Circle will acquire Concord to become a public company under … Continue reading Circle Doubles Value to $9B with New Deal with Concord Acquisition Corp

Circle Launches Corporate Account to Support USDC Transactions

The issuer of stablecoin USD Coin (USDC), Circle, has launched a new account service that enables corporate customers to deposit, withdraw, receive and store cryptocurrencies through their account and settle all payments in USDC stablecoins. Circle focuses on the position as the issuer of stablecoin USD Coin (USDC), one of the fastest-growing USD digital currencies; … Continue reading Circle Launches Corporate Account to Support USDC Transactions

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