Sequoia Holding LLC software development and engineering company has announced that its employees can now receive a portion of their salary in cryptocurrencies. The firm said that it is starting a new program that would allow employees to choose to defer a part of their salary into Bitcoin, Ethereum, or Bitcoin Cash. Richard Stroupe, Jr, … Continue reading Sequoia Software Firm to Pay Employees in Bitcoin
Richard Byworth, the CEO of Diginex Ltd., a Nasdaq-listed digital asset financial services company, has given Bitcoin (BTC) a bullish price projection of $175,000 before the end of the year. As reported by Bloomberg, Byworth attributed his price call to the potential impacts of the newly signed coronavirus stimulus checks. Each eligible American will be entitled … Continue reading Diginex CEO Predicts Bitcoin Will Reach $175,000 By Year-End Due to COVID-19 Stimulus Impact
Bitcoin (BTC) has been on a free fall since it recorded its all-time high (ATH) above $61,000 over the past weekend, as the market continues to witness the weak hands selling off. At the time of writing, the digital currency has shed almost all the gains it accrued in the past week, dropping 7.69% to … Continue reading Bitcoin Sees Massive Pullback as Addresses With More Than 1K Coins Reach One-Month Low
Normal 0 false false false EN-US X-NONE X-NONE Peter Thiel, billionaire investor and PayPal co-founder, has warned that Bitcoin could be a “Chinese financial weapon” used to dethrone the US dollar’s reserve currency status. In a virtual meeting held for members of the Richard Nixon Foundation, Thiel said that assuming that China is a long … Continue reading China Could Be Using Bitcoin as a Financial Weapon Against the US, Says PayPal Co-Founder
The world’s leading payment giant, Visa, approved the Australian startup CryptoSpend to issue debit cards for its customers to consume through cryptocurrencies. According to the Australian Financial Review on July 14, the debit card will allow CryptoSpend customers to spend their cryptocurrency profits in stores, bars, and other places to pay for daily necessities through … Continue reading Visa Approves Australian Startup CryptoSpend to Issue Debit Cards in Cryptos
The Bank of Jamaica (BOJ) has registered a new milestone in its Central Bank Digital Currency (CBDC) in pursuing the first batch of its Digital Jamaican Dollar. The project, under development by the BOJ’s CBDC Team, has entered a pilot phase which will see a total of J$230 million in CBDC minted and deposited with … Continue reading Bank of Jamaica Mints First Tranche of CBDC
Ondo Finance DeFi protocol, launched by two former Goldman Sachs employees, has raised $4 million through an equity funding round. This equity funding led by Pantera Capital, including other participators such as The LAO, Protoscale Capital, Divergence, Chapter One, CMS, Digital Currency Group, CoinFund, Bixin, Genesis, as well as angel investors like Christy Choi (former … Continue reading Former Goldman Sachs Staff Launch DeFi Platform Ondo with $4M Funding Round
The Monetary Authority of Singapore (MAS), the financial regulator and the central bank of Singapore, has put crypto exchange Binance.com on the investor alert list. The agency’s investor alert list lists unregulated firms that may have been wrongly considered unlicensed or unregulated by the regulator. However, what makes this matter interesting is that Binance’s Singapore … Continue reading Singapore’s Financial Regulator Puts Binance On Investor Alert List
London-based micropayment company pingNpay announced Monday to launch its network next year by providing a small amount payment platform to customers, according to its press release. A new payment method is expected to roll out in the UK next year initially. Customers who pay for offline and online services or products below $20 can enjoy … Continue reading London-based Micropayment Platform pingNpay to Debut in 2022
Owning a piece of Non-Fungible Token (NFT) nowadays is not just a way to own bragging rights today, it has become a prominent way to store assets for many people. This has pushed a Twitter user with the handle @richerd to reject a 2,500 ETH (approximately $9.5 million) bid for CryptoPunk #6046. NFTs provide a … Continue reading This CryptoPunk Owner Refuses to Accept a $9.5M Bid for His Rare NFT