Search Results for: Corporation

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

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

Chinese corporations offer metaverse World Cup viewings, X2Y2 backtracks on royalties, and more.

People have said that a lot of technology companies in China are working on making it possible for Chinese soccer fans to watch the FIFA World Cup in the metaverse. These initiatives are part of a five-year plan that the Chinese government unveiled at the beginning of November with the intention of enhancing the capabilities … Continue reading Chinese corporations offer metaverse World Cup viewings, X2Y2 backtracks on royalties, and more.

Hut 8 Mining Corporation Ramps Up Fight Against Power Supplier

The Bitcoin (BTC) miner Hut 8 Mining Corporation, which is located in Canada, has taken the struggle it has been having with the power supply for one of its mining sites to a higher level by filing a lawsuit in a court in Canada. Hut 8 said on January 26 that it has submitted a … Continue reading Hut 8 Mining Corporation Ramps Up Fight Against Power Supplier

Web3 Hackathon on Astar sponsored by Toyota Motor Corporation

Tokyo, Japan, 1st February, 2023, Chainwire Toyota Motor Corporation, Japan’s largest conglomerate with over 330,000 employees worldwide, is sponsoring its first ever global Web3 hackathon. It has chosen Astar Network, the smart contract platform for multichain, to make Web3 use cases for Toyota’s employees. Toyota is looking to Web3 to support its vision of improving the … Continue reading Web3 Hackathon on Astar sponsored by Toyota Motor Corporation

Multinational Corporations Continue to File Trademarks in Web3, NFTs, and Metaverse

As the digital world continues to expand, multinational corporations have been increasingly turning to trademarks to stake their claim in the realms of Web3, NFTs, and the metaverse. Despite the recent downturn in related markets, companies such as General Motors, Lacoste, and Walmart have been actively filing trademark applications for their brands and products. In … Continue reading Multinational Corporations Continue to File Trademarks in Web3, NFTs, and Metaverse

Hydrogen Technology Corporation Settles Crypto Manipulation Lawsuit

Hydrogen Technology Corporation, a firm accused of manipulating the price of cryptocurrencies, has settled a seven-month-long lawsuit with the Securities and Exchange Commission (SEC) for $2.8 million. The SEC had filed a complaint against Hydrogen and its former CEO, Michael Ross Kane, in September, alleging that they manipulated the volume and price of the firm’s … Continue reading Hydrogen Technology Corporation Settles Crypto Manipulation Lawsuit

Federal Reserve Gives Consent Order to Silvergate Capital Corporation for Voluntary Self-Liquidation

The Federal Reserve Board announced a consent order against Silvergate Capital Corporation and its subsidiary Silvergate Bank on Thursday, providing the necessary regulatory supervision for the financial institution’s voluntary self-liquidation. Silvergate initially announced this drastic action plan on March 8, 2023. Silvergate Capital Corporation and Silvergate Bank, both headquartered in La Jolla, California, are now … Continue reading Federal Reserve Gives Consent Order to Silvergate Capital Corporation for Voluntary Self-Liquidation

NCR Corporation Announces Details of Upcoming Separation

NCR Corporation (NYSE: NCR) has disclosed further details concerning its previously announced separation of its ATM-focused businesses, including Self-Service Banking, Payments & Network, and Telecommunications and Technology sectors. The separation will involve the distribution of all common stock of NCR Atleos Corporation (formerly NCR Atleos, LLC) held by NCR Corporation to its common stockholders. Key … Continue reading NCR Corporation Announces Details of Upcoming Separation

dYdX Transitions to Public Benefit Corporation

In a bid to realign its organizational structure with the broader interests of the web3 community, dYdX Trading Inc. has amended its charter to transition into a Public Benefit Corporation (PBC). This change was publicly announced on 17 October 2023 by Antonio, the founder of dYdX, through a series of tweets. The key objective behind … Continue reading dYdX Transitions to Public Benefit Corporation

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