Crypto exchange Coinbase is preparing for the worst-case scenario. The Nasdaq-listed firm has set aside a multi-billion cash stockpile to ensure that it could weather a host of business risks in the crypto industry...
Bitfarms announced that its second-quarter revenues increased by almost 400 percent compared to the same period last year as it increased its market share to above 2 percent. The Canadian Bitcoin mining firm attributes the...
With the rising popularity of cryptos such as Bitcoin and Ethereum, an increasing number of companies are now looking for ways to incorporate crypto into their businesses. Major U.S. retailer Walmart appears to be joining...
South Koreas internet giant Kakao Group is moving ahead with its global expansion plans starting in Singapore. The company just established two blockchain entities to pave the way for the worldwide expansion its blockchain...
Despite regulatory uncertainties hounding Indias crypto industry, companies continue to roll out their products and services in the worlds second-most populous country. The latest to join the trend is GoSats, a Bitcoin...
With the Chinese government crackdown obliterating the countrys Bitcoin mining industry, North American firms are in a race to expand their capacity to meet demand. For instance, Canadian crypto mining firm Hut 8 is...
Despite the crypto markets correction in May, Coinbase posted a strong performance for the second quarter. The U.S. crypto exchange posted transaction revenue of almost $2 billion beating previous analyst estimates. In...
Partnerships with crypto exchanges proved to be a profitable arrangement for South Korean banks. Crypto transaction fees from such partnerships more than doubled for the second quarter of 2021 despite the volatility of the...
Indonesias crypto trading platform and mobile wallet Pintu has successfully raised $35 million in a recent funding round. The company plans to beef up its team and products offerings to expand its operations in Indonesia...
Crypto adoption continues to surge in the U.S. as various companies are starting to explore how to incorporate digital currency payments into their business operations. The latest to join the trend is AMC Entertainment...
Just as Binance faces increasing scrutiny from regulators worldwide, the crypto exchange lost the top man for its U.S. operations. Former regulator and Binance.USs CEO Brian Brooks announced his departure from the company...
Xiaomi has officially denied involvement over a Portuguese retailers decision to accept crypto payments including Bitcoin (BTC) and Ether (ETH) for its products. The company explained that the retailer is a third-party...
JPMorgan is responding to the increasing demand from its clients who want exposure in crypto assets by expanding its offerings of investment options. The bank now offers access to a Bitcoin fund that is specifically...
Cryptocurrency has now entered the world of fashion. Global fashion label, the Philipp Plein Group, is set to become the first major fashion brand to accept crypto as payment. In a press release on August 3, the Philipp...
Fidelity Investments Inc. has invested in the Bitcoin mining firm Marathon Digital Holdings. The Boston-based financial services company purchased a 7.4 percent stake in the mining company for around $20 million. The...