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Bitcoin Miner GRIID Lists On Nasdaq, Stock Drops 54% In 2 Days
Tuesday, January 30, 2024 - 12:10pm | 849Bitcoin (CRYPTO: BTC) mining company GRIID Infrastructure (NASDAQ: GRDI) commenced trading in the U.S. market on Monday, following its initial public offering in Canada earlier this month. The Cincinnati-based company, which operates mining facilities in New York and Tennessee, merged...
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SoFi Retreats From Digital Assets, Will Cease Opening New Crypto Accounts: Report
Wednesday, November 29, 2023 - 2:28pm | 324SoFi Technologies Inc. (NASDAQ: SOFI) is withdrawing from the cryptocurrency market. What Happened: The San Francisco-based firm informed its crypto customers on Wednesday about the necessity to either liquidate their accounts or transfer them to crypto exchange Blockchain.com, Bloomberg,...
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Blockchain.Com Raises $110M In Latest Funding Round Amid Crypto Market Revival
Wednesday, November 15, 2023 - 3:23am | 382Cryptocurrency exchange and wallet provider, Blockchain.com, has secured $110 million in a fresh round of funding, as reported by CoinDesk. What Happened: As per the information shared by Bloomberg, the recent Series E funding round was led by UK’s Kingsway Capital. Other participants...
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Blockchain.com Receives Major Payment Institution License From Singapore's Monetary Authority
Tuesday, August 8, 2023 - 3:59pm | 350Crypto platform Blockchain.com on Tuesday, announced that it has received a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS). The exchange received its in-principle approval from MAS in September 2022. With this license in hand, Blockchain.com is now...
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Is The Crypto Winter Really That Bad? Blockchain.com Cites Market Conditions In Asset Management Arm Suspension
Thursday, March 9, 2023 - 6:20pm | 325Cryptocurrency financial services company Blockchain.com has suspended operations of its asset management arm, Blockchain.com Asset Management (BCAM), due to the prolonged bearish market. BCAM was launched in April 2022 with the aim of attracting institutional investors. Shortly after the launch,...
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Blockchain.com Needs Cash As Valuation Plunges 70%: Will VCs Back The Struggling Startup?
Friday, October 28, 2022 - 2:51pm | 605Cryptocurrency exchange Blockchain.com is in the midst of a down-round fundraising campaign, which may result in a valuation reduction of more than 70%. According to a Bloomberg report, the company plans to raise money at a fraction of the $14 billion valuation it earned earlier this year....
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How Dak Prescott Makes His Money Move: Crypto And Shoe Deals Push Dallas Cowboys QB Beyond His $40 Million Salary
Thursday, September 1, 2022 - 7:10pm | 939Dallas Cowboys quarterback Dak Prescott signed one of the largest deals for an NFL player ever in 2021. Terms of that deal have helped Prescott be one of the highest-paid NFL players. Add in several key endorsement deals, including one that’s new in 2022, and Prescott may make more off the...
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Blockchain.Com Is Considering An IPO As Early As This Year: Bloomberg
Tuesday, April 19, 2022 - 7:44am | 174According to people familiar with the matter, cryptocurrency firm Blockchain.com is interviewing banks for an initial public offering that may take place as soon as this year, reported Bloomberg. An IPO may not occur until next year, and the company's intentions may change,...
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Dallas Cowboys Sign Partnership With Blockchain.com: What The Deal Means, Why It's Important For The NFL
Friday, April 15, 2022 - 12:38pm | 631The most valuable NFL team signed a cryptocurrency sponsorship. Here’s why the deal is so important for the NFL going forward. What Happened: The Dallas Cowboys announced its first-ever cryptocurrency exchange sponsor with a deal signed with Blockchain.com. This marks the first NFL team...
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BitClout Nears 300,000 Users, Launches On Blockchain.com, Adds Shopify CEO, Hubspot Founder
Tuesday, June 29, 2021 - 5:33pm | 916Open source social media platform BitClout continues to grow and is attracting new business leaders and celebrities to the site. About BitClout: Creators on BitClout have a coin value based on demand from people on the platform. Followers can buy and sell the coin, making BitClout a crypto social...
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Fintech Focus For March 25, 2021
Wednesday, March 24, 2021 - 9:36pm | 2283Quote To Start The Day: Brainpower doesn’t have a zip code. Source: Laura González-Estéfani One Big Thing In Fintech: A new filing with the U.S. Securities and Exchange Commission indicates that asset management giant Fidelity is seeking to create a bitcoin exchange-traded fund...
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Fintech Focus For March 11, 2021
Wednesday, March 10, 2021 - 10:42pm | 1745Quote To Start The Day: Doing something unimportant well does not make it important. Source: Tim Ferriss One Big Thing In Fintech: A provisional report from data and research group CB Insights indicates that we’re not merely in a warm period for fintech funding — we are in a period of...
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Fintech Focus For February 18, 2021
Wednesday, February 17, 2021 - 6:45pm | 1754Quote To Start The Day: I think the volume of SPACs is going to certainly outweigh the number of IPOs, but the IPOs are going to be bigger deals. Source: Patrick Healey One Big Thing In Fintech: Titan, an asset manager for retail investors, announced Tuesday it raised a $12.5 million Series A...
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Spotify, Match Group, Epic Games Join Fight Against Apple's App Store
Thursday, September 24, 2020 - 1:54pm | 550The fight against Apple and its App Store fees and practices intensifies with thee large companies joining a non-profit pushing for changes. What Happened: Spotify Technology (NYSE: SPOT), Match Group Inc (NASDAQ: MTCH) and Epic Games, owned by Tencent Holdings (Pink: TCEHY) joined the non-profit...