Sat, January 24

Facebook (Meta) Reportedly Offering $10 Billion Debt Bonds

Meta reported a free cash flow of $4.45 billion, down from $8.51 billion a year earlier. Bond issuance is related to a decrease in free cash flow for the organization. After a successful metaverse-based business model, Meta is planning to issue debt in order to support certain activities and sustain

August 5, 2022 2 mins read

Poloniex Backs Ethereum Proof of Work Fork Ahead of Merger

Miners would be harmed if ETH mining came to an end after the merger. ETH’s upgrade and a probable hard fork will have Poloniex’s full backing. Earlier this week, well-known Chinese crypto miner Chandler Guo declared his desire to fork Ethereum’s blockchain and invent a separate proof-of-work network in opposition

August 5, 2022 2 mins read

Binance Partners With Mastercard to Launch Crypto Card in Argentina

The Binance card is available to Argentinian users who have valid documentation. Withdrawals made at an ATM will not be subject to any fees. The global cryptocurrency exchange Binance has teamed up with Mastercard to provide a cryptocurrency prepaid card in Argentina. On Thursday, the exchange dominated the headlines. After

August 5, 2022 1 min read

Voyager Digital Receives Approval to Return $270M to Users

Voyager requested a court order to allow customers to withdraw cash. Voyager received the go-ahead from presiding judge Micheal Wiles. As per a report by WSJ, the U.S. Bankruptcy Court in New York has approved Voyager Digital’s repayment of $270 million to impacted consumers. Voyager received the go-ahead from presiding

August 5, 2022 1 min read

Revolut Now Allows Crypto Trading in Mobile App

The Revolut platform offers 80 tokens for trading. In upcoming months the firm wants to provide educational features to help the users. The Monetary Authority of Singapore (MAS), which regulates Revolut Technologies Singapore Pte. Ltd. as a major payment institution, has launched a cryptocurrency service in Singapore that enables users

August 5, 2022 2 mins read

Jack Dorsey’s Block Inc Registers $1.5B in Q2 Profits

The American-based Block Inc, reports $1.5B in Q2 profits. The firm generated only $41 million, through the BTC trading service. The digital payments company, Block Inc., formerly Square, has released its Q2 result. The financial service, owned by former Twitter CEO, Jack Dorsey saw its year-over-year (YoY) profits jump 29%

August 5, 2022 1 min read

Catholic Archdiocese of Washington Is Accepting Crypto Contributions

The Washington, DC, Roman Catholic Archdiocese will begin accepting crypto donations. The money will be used  to help 139 parishes near Washington, D.C. The Roman Catholic Archdiocese of Washington, D.C. will begin accepting bitcoin donations as part of an effort to increase its services. Engiven, a cryptocurrency platform, announced on

August 5, 2022 2 mins read

Hackers Gain Access to Sandbox’s Instagram Account

Sandbox’s Instagram account has been temporarily deleted, according to the company. No reports of stolen cash or victims of the incident have surfaced so far. Two days of back-to-back hacking and stolen activities have taken their toll on the global digital asset sector. The Sandbox is the most recent decentralized

August 4, 2022 1 min read

Crypto ATMs Make a Comeback in Japan After a Brief Pause

Crypto ATMs are returning to Japan after a four-year absence. Initial installations will be made in Tokyo and Osaka. Two of Japan’s most famous crypto advocacy organizations have pushed for lower taxation on individual crypto investors. Requests for tax reform have been made by Japan’s crypto-asset business associations JCBA and

August 4, 2022 1 min read

Blackrock’s Institutional Clients Get Crypto Exposure Through Coinbase

Coinbase share value surged 22% on Thursday due to BlackRock’s announcement. To begin with, users will have access to Bitcoin. Cryptocurrency exchange Coinbase has teamed with BlackRock, the world’s biggest asset management, to provide its institutional Aladdin platform customers with access to cryptocurrency through Coinbase Prime. Coinbase’s trading, custody, prime

August 4, 2022 1 min read
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