# Business News Canonical URL: https://www.tokenpost.com/news/business?page=302 Page 302 of 356. Articles are ordered by original publication time, newest first. Summaries below are excerpts; follow each full-text link for the complete article. ## [Customers Bank plans to offer banking and blockchain-based payments to crypto firms by October](https://www.tokenpost.com/news/business/9226) By Mark Jason Alcala | Business Published: 2021-08-24T05:11:02.000Z Updated: 2021-08-24T05:11:02.000Z The West Reading, Pennsylvania-based bank plans to offer basic accounts to crypto firms as well as a blockchain-based platform that allows them to send dollars to each other in real-time. [Full text](https://www.tokenpost.com/news/business/9226.md) | [Citation metadata](https://www.tokenpost.com/news/business/9226.json) ## [PayPal users in the UK can now buy, sell, and hold Bitcoin, Ethereum, and other cryptos](https://www.tokenpost.com/news/business/9225) By Mark Jason Alcala | Business Published: 2021-08-23T14:56:58.000Z Updated: 2021-08-23T14:56:58.000Z With its success in the U.S., PayPal plans to expand its crypto service to other countries aside from the U.K. [Full text](https://www.tokenpost.com/news/business/9225.md) | [Citation metadata](https://www.tokenpost.com/news/business/9225.json) ## [NFT 'UNICUS' platform beta service open](https://www.tokenpost.com/news/business/9224) By John Lee | Business Published: 2021-08-23T08:36:21.000Z Updated: 2021-08-23T08:36:21.000Z As the blockchain market shows steady growth, related new concept technologies are also being focused. One of the notable among various technologies is NFT (Non Fungible Token). The NFT market, such as art, games, and… [Full text](https://www.tokenpost.com/news/business/9224.md) | [Citation metadata](https://www.tokenpost.com/news/business/9224.json) ## [Bitcoin miner Compass transfers funds to crypto-friendly bank Signature after Chase froze its accounts](https://www.tokenpost.com/news/business/9222) By Mark Jason Alcala | Business Published: 2021-08-22T12:49:21.000Z Updated: 2021-08-22T12:49:21.000Z The accounts contained around 7 percent of the Bitcoin mining firm’s cash. [Full text](https://www.tokenpost.com/news/business/9222.md) | [Citation metadata](https://www.tokenpost.com/news/business/9222.json) ## [UK’s Lloyds prepares entry into the crypto space and is now scouting for a digital currency expert](https://www.tokenpost.com/news/business/9221) By Mark Jason Alcala | Business Published: 2021-08-20T09:30:51.000Z Updated: 2021-08-20T09:30:51.000Z One of the responsibilities of the digital currency manager is to develop payments use cases and initiate business or investments orientated around the use of cryptos. [Full text](https://www.tokenpost.com/news/business/9221.md) | [Citation metadata](https://www.tokenpost.com/news/business/9221.json) ## [Coinbase’s crypto winter survival plan involves a $4 billion cash reserve](https://www.tokenpost.com/news/business/9220) By Mark Jason Alcala | Business Published: 2021-08-19T13:47:10.000Z Updated: 2021-08-19T13:47:10.000Z The crypto exchange might use its cash stockpile to fund new product rollouts as a way to diversify its revenue sources and lessen its reliance on transaction fees. [Full text](https://www.tokenpost.com/news/business/9220.md) | [Citation metadata](https://www.tokenpost.com/news/business/9220.json) ## [Bitcoin mining firm Bitfarms’ Q2 revenue rose by 398% as it increases its market share rises to more than 1.5%](https://www.tokenpost.com/news/business/9215) By Mark Jason Alcala | Business Published: 2021-08-17T15:30:26.000Z Updated: 2021-08-17T15:30:26.000Z Bitfarms expects an eight-fold increase in its Bitcoin mining capacity by 2022. [Full text](https://www.tokenpost.com/news/business/9215.md) | [Citation metadata](https://www.tokenpost.com/news/business/9215.json) ## [Walmart looking for a crypto expert for its digital currency strategy and product roadmap](https://www.tokenpost.com/news/business/9214) By Mark Jason Alcala | Business Published: 2021-08-17T10:15:47.000Z Updated: 2021-08-17T10:15:47.000Z The company also prefers someone with an entrepreneurial mindset and one who possesses significant functional knowledge of the cryptocurrency ecosystem and players involved. [Full text](https://www.tokenpost.com/news/business/9214.md) | [Citation metadata](https://www.tokenpost.com/news/business/9214.json) ## [South Korea’s Kakao sets up two entities in Singapore to accelerate the global expansion of its blockchain business](https://www.tokenpost.com/news/business/9213) By Mark Jason Alcala | Business Published: 2021-08-16T16:14:14.000Z Updated: 2021-08-16T16:14:14.000Z The Kakao Group has allocated $300 million for the global expansion of the Klayton platform. [Full text](https://www.tokenpost.com/news/business/9213.md) | [Citation metadata](https://www.tokenpost.com/news/business/9213.json) ## [Indian consumers can now earn BTC while spending with GoSats’ Bitcoin cashback rewards card](https://www.tokenpost.com/news/business/9212) By Mark Jason Alcala | Business Published: 2021-08-16T11:08:41.000Z Updated: 2021-08-16T11:08:41.000Z The Bitcoin rewards company partnered with the National Payments Corporation of India (NPCI) to launch the GoSats reward card. [Full text](https://www.tokenpost.com/news/business/9212.md) | [Citation metadata](https://www.tokenpost.com/news/business/9212.json) ## [Canadian crypto mining firm Hut 8 expects to mine up to 22 Bitcoins per day in Q4 2021](https://www.tokenpost.com/news/business/9208) By Mark Jason Alcala | Business Published: 2021-08-13T06:47:32.000Z Updated: 2021-08-13T06:47:32.000Z The company has a total Bitcoin balance of 3,824 valued at around $166 million as of June 30. [Full text](https://www.tokenpost.com/news/business/9208.md) | [Citation metadata](https://www.tokenpost.com/news/business/9208.json) ## [Crypto exchange Coinbase beats estimates and posts $1.9B Q2 revenue as monthly transacting users spikes by 44%](https://www.tokenpost.com/news/business/9205) By Mark Jason Alcala | Business Published: 2021-08-12T03:16:09.000Z Updated: 2021-08-12T03:16:09.000Z The crypto exchange announced a net income of $1.6 billion and an adjusted EBITDA of $1.1 billion for the second quarter. [Full text](https://www.tokenpost.com/news/business/9205.md) | [Citation metadata](https://www.tokenpost.com/news/business/9205.json) ## [South Korean banks report a steep rise in crypto transaction fees in the second quarter of 2021](https://www.tokenpost.com/news/business/9203) By Mark Jason Alcala | Business Published: 2021-08-11T06:45:57.000Z Updated: 2021-08-11T06:45:57.000Z Three South Korean banks that entered into partnerships with crypto exchanges raked in a total of 16.9 billion won (around $14.71 million) in transaction fees generated from such arrangements for the second quarter. [Full text](https://www.tokenpost.com/news/business/9203.md) | [Citation metadata](https://www.tokenpost.com/news/business/9203.json) ## [Indonesia’s crypto platform Pinto raises $35M to expand its team and product offerings](https://www.tokenpost.com/news/business/9202) By Mark Jason Alcala | Business Published: 2021-08-10T13:21:48.000Z Updated: 2021-08-10T13:21:48.000Z Pintu crypto app downloads rose by 3.5 times through organic growth and the platform’s active users increase by 4 times during the first half of 2021. [Full text](https://www.tokenpost.com/news/business/9202.md) | [Citation metadata](https://www.tokenpost.com/news/business/9202.json) ## [U.S. theater chain AMC plans to add Bitcoin, Apple Pay, and Google Pay as payment options](https://www.tokenpost.com/news/business/9201) By Mark Jason Alcala | Business Published: 2021-08-10T10:01:29.000Z Updated: 2021-08-10T10:01:29.000Z AMC Entertainment Holdings announced plans to accept Bitcoin payments by the end of the year. [Full text](https://www.tokenpost.com/news/business/9201.md) | [Citation metadata](https://www.tokenpost.com/news/business/9201.json) ## [Binance.US CEO quits just as crypto exchange faces increased regulatory scrutiny](https://www.tokenpost.com/news/business/9198) By Mark Jason Alcala | Business Published: 2021-08-09T13:48:29.000Z Updated: 2021-08-09T13:48:29.000Z Brian Brooks, Binance.US’s CEO and a former regulator, announced his departure from the company citing “differences over strategic direction.” [Full text](https://www.tokenpost.com/news/business/9198.md) | [Citation metadata](https://www.tokenpost.com/news/business/9198.json) ## [Mi Store Portugal’s decision to accept Bitcoin, Ether, other cryptos unrelated to Xiaomi](https://www.tokenpost.com/news/business/9197) By Mark Jason Alcala | Business Published: 2021-08-09T11:12:59.000Z Updated: 2021-08-09T11:12:59.000Z Xiaomi explained that the Portuguese retailer is a third-party authorized partner, which operates independently from the Chinese smartphone manufacturer. [Full text](https://www.tokenpost.com/news/business/9197.md) | [Citation metadata](https://www.tokenpost.com/news/business/9197.json) ## [JPMorgan offers access to a new Bitcoin fund for private banking clients](https://www.tokenpost.com/news/investing/9196) By Mark Jason Alcala | Business Published: 2021-08-09T08:38:29.000Z Updated: 2021-08-09T08:38:29.000Z Starting on August 5, JPMorgan’s financial advisors were allowed to accept placements from private bank clients into the new Bitcoin fund created by the crypto firm New York Digital Investment Group. [Full text](https://www.tokenpost.com/news/investing/9196.md) | [Citation metadata](https://www.tokenpost.com/news/investing/9196.json) ## [Fashion group Philipp Plein to accept Bitcoin, Ethereum, other cryptos](https://www.tokenpost.com/news/business/9195) By Mark Jason Alcala | Business Published: 2021-08-09T04:29:55.000Z Updated: 2021-08-09T04:29:55.000Z Global fashion label, the Philipp Plein Group, is set to become the first major fashion brand to accept crypto as payments including BTC and ETH. [Full text](https://www.tokenpost.com/news/business/9195.md) | [Citation metadata](https://www.tokenpost.com/news/business/9195.json) ## [Fidelity acquires 7.4% stake in Bitcoin mining firm Marathon](https://www.tokenpost.com/news/business/9193) By Mark Jason Alcala | Business Published: 2021-08-06T07:06:01.000Z Updated: 2021-08-06T07:06:01.000Z Through four of its index funds, Fidelity bought shares of the BTC mining firm worth $20 million which was completed on July 22, 2021. [Full text](https://www.tokenpost.com/news/business/9193.md) | [Citation metadata](https://www.tokenpost.com/news/business/9193.json) ## [Bitcoin bull Anthony Pompliano believes Square’s value could rise by 5x with Afterpay purchase](https://www.tokenpost.com/news/insights/9191) By Mark Jason Alcala | Business Published: 2021-08-05T08:50:14.000Z Updated: 2021-08-05T08:50:14.000Z Pompliano said that it all depends on how the company harnesses the combined potential of both businesses. [Full text](https://www.tokenpost.com/news/insights/9191.md) | [Citation metadata](https://www.tokenpost.com/news/insights/9191.json) ## [Crypto firms can now advertise in Google as its new policy takes into effect](https://www.tokenpost.com/news/business/9189) By Mark Jason Alcala | Business Published: 2021-08-04T13:24:42.000Z Updated: 2021-08-04T13:24:42.000Z The tech giant revised its policies in June to allow crypto ads but advertisements on initial coin offerings (ICO) are still banned from the platform. [Full text](https://www.tokenpost.com/news/business/9189.md) | [Citation metadata](https://www.tokenpost.com/news/business/9189.json) ## [Crypto exchange CoinJar partners with Mastercard to allow users to pay in Bitcoin, Ethereum, and XRP](https://www.tokenpost.com/news/business/9187) By Mark Jason Alcala | Business Published: 2021-08-04T05:32:22.000Z Updated: 2021-08-04T05:32:22.000Z As a fully-featured Mastercard, CoinJar Card users can use crypto to make payments for purchases wherever Mastercard is accepted. [Full text](https://www.tokenpost.com/news/business/9187.md) | [Citation metadata](https://www.tokenpost.com/news/business/9187.json) ## [Crypto mining firm Marathon acquires 30K Bitcoin miners to boost hashrate to 13.3 EH/s](https://www.tokenpost.com/news/business/9186) By Mark Jason Alcala | Business Published: 2021-08-03T13:13:33.000Z Updated: 2021-08-03T13:13:33.000Z Fully deployed and operational, this translates to a capacity of around 13.3 EH/s, which is around 12 percent of the Bitcoin network’s total hash rate as of August 1, 2021, which is around 109 EH/s. [Full text](https://www.tokenpost.com/news/business/9186.md) | [Citation metadata](https://www.tokenpost.com/news/business/9186.json) ## [Crypto exchange CoinDCX plans to raise $100-120M in a financing round that would value it at more than $1B](https://www.tokenpost.com/news/business/9183) By Mark Jason Alcala | Business Published: 2021-08-02T15:28:04.000Z Updated: 2021-08-02T15:28:04.000Z The upcoming round will value the crypto exchange CoinDCX at more than $1 billion, making the company the first unicorn crypto exchange in India. [Full text](https://www.tokenpost.com/news/business/9183.md) | [Citation metadata](https://www.tokenpost.com/news/business/9183.json) ## [PayPal to introduce crypto trading service to users in the U.K.](https://www.tokenpost.com/news/business/9180) By Mark Jason Alcala | Business Published: 2021-07-30T16:07:46.000Z Updated: 2021-07-30T16:07:46.000Z The payments giant is getting ready to expand its crypto trading services internationally. [Full text](https://www.tokenpost.com/news/business/9180.md) | [Citation metadata](https://www.tokenpost.com/news/business/9180.json) ## [MicroStrategy to continue Bitcoin buying despite its impairment loss of $689.6 million on BTC holdings in Q2](https://www.tokenpost.com/news/business/9179) By Mark Jason Alcala | Business Published: 2021-07-30T08:24:27.000Z Updated: 2021-07-30T08:24:27.000Z CEO Michael Sayler said in its second-quarter earnings announcement that MicroStrategy will continue investing in its digital asset strategy. [Full text](https://www.tokenpost.com/news/business/9179.md) | [Citation metadata](https://www.tokenpost.com/news/business/9179.json) ## ['Super Junior' released a handwritten version of the Berry Store Lucky Box](https://www.tokenpost.com/news/business/9178) By John Lee | Business Published: 2021-07-30T05:43:54.000Z Updated: 2021-07-30T05:43:54.000Z The group Super Junior reportedly participated in the Berry Store Lucky Box last April, along with their 10th full-length album with handwritten autographs in a donation project that presents the stars' cherished item… [Full text](https://www.tokenpost.com/news/business/9178.md) | [Citation metadata](https://www.tokenpost.com/news/business/9178.json) ## [Bitcoin mining firm Genesis Digital Assets raises $125M as it targets a capacity of over 1 gigawatt by 2023](https://www.tokenpost.com/news/business/9177) By Mark Jason Alcala | Business Published: 2021-07-29T15:50:11.000Z Updated: 2021-07-29T15:50:11.000Z The crypto mining firm will use the capital to purchase equipment and build new data centers in the United States and the nordic region. [Full text](https://www.tokenpost.com/news/business/9177.md) | [Citation metadata](https://www.tokenpost.com/news/business/9177.json) ## [Vontobel reveals some clients have crypto exposure and that blockchain would significantly impact global finance](https://www.tokenpost.com/news/insights/9174) By Mark Jason Alcala | Business Published: 2021-07-29T09:39:31.000Z Updated: 2021-07-29T09:39:31.000Z Vontobel CEO Zeno Staub said that the firm believes that the "underlying technology is actually more important than certain types of applications." [Full text](https://www.tokenpost.com/news/insights/9174.md) | [Citation metadata](https://www.tokenpost.com/news/insights/9174.json) ## [Berry Store is trying to provide global services for foreign users](https://www.tokenpost.com/news/business/9172) By John Lee | Business Published: 2021-07-29T04:26:29.000Z Updated: 2021-07-29T04:26:29.000Z Berry Store said it will open a global service to expand its platform overseas in August. [Full text](https://www.tokenpost.com/news/business/9172.md) | [Citation metadata](https://www.tokenpost.com/news/business/9172.json) ## [Paypal’s crypto super app wallet is expected to roll out in the coming months for U.S. users](https://www.tokenpost.com/news/business/9171) By Mark Jason Alcala | Business Published: 2021-07-29T04:16:29.000Z Updated: 2021-07-29T04:16:29.000Z The payments giant's super app wallet will introduce enhanced features including additional crypto capabilities. [Full text](https://www.tokenpost.com/news/business/9171.md) | [Citation metadata](https://www.tokenpost.com/news/business/9171.json) ## ['Berry Store' hits 130,000 users last month](https://www.tokenpost.com/news/business/9170) By John Lee | Business Published: 2021-07-29T04:16:25.000Z Updated: 2021-07-29T04:16:25.000Z Berry Store said the number of users using the platform exceeded 130,000 last month. [Full text](https://www.tokenpost.com/news/business/9170.md) | [Citation metadata](https://www.tokenpost.com/news/business/9170.json) ## [Japan’s SBI Remit uses Ripple’s ODL service to provide cheaper remittances to the Philippines](https://www.tokenpost.com/news/technology/9169) By Mark Jason Alcala | Business Published: 2021-07-28T16:21:58.000Z Updated: 2021-07-28T16:21:58.000Z At around 10.5 percent, Japan has one of the highest remittance costs in the world and is almost twice the average cost (5.92 percent) of all the member countries of the G8. [Full text](https://www.tokenpost.com/news/technology/9169.md) | [Citation metadata](https://www.tokenpost.com/news/technology/9169.json) ## [Bitcoin mining difficulty to rise in 2022 as Chinese miners come back online](https://www.tokenpost.com/news/insights/9166) By Mark Jason Alcala | Business Published: 2021-07-28T08:53:45.000Z Updated: 2021-07-28T08:53:45.000Z Bitcoin mining difficulty will rise due to the expansion of mining facilities by North American firms as well as the return of Chinese crypto miners via the use of overseas hosting sites. [Full text](https://www.tokenpost.com/news/insights/9166.md) | [Citation metadata](https://www.tokenpost.com/news/insights/9166.json) ## [Bitcoin mining firm Stronghold files for $100M IPO, plans to increase capacity to 5,300 PH/s by December 2022](https://www.tokenpost.com/news/business/9165) By Mark Jason Alcala | Business Published: 2021-07-28T06:56:35.000Z Updated: 2021-07-28T06:56:35.000Z Stronghold said that part of the proceeds of this offering will be used to buy 27,900 miners to boost its total hash rate capacity to 3,000 PH/s by December 2021 and to over 5,300 PH/s by December 2022. [Full text](https://www.tokenpost.com/news/business/9165.md) | [Citation metadata](https://www.tokenpost.com/news/business/9165.json) ## [Crypto exchange Robinhood to introduce a feature called “price volatility protection”](https://www.tokenpost.com/news/business/9164) By Mark Jason Alcala | Business Published: 2021-07-28T04:47:31.000Z Updated: 2021-07-28T04:47:31.000Z Depending on the fluctuations in a digital currency’s price, this feature would modify certain crypto orders. [Full text](https://www.tokenpost.com/news/business/9164.md) | [Citation metadata](https://www.tokenpost.com/news/business/9164.json) ## [Amazon clarifies that it is not planning to accept Bitcoin payments by year-end](https://www.tokenpost.com/news/business/9161) By Mark Jason Alcala | Business Published: 2021-07-27T10:01:00.000Z Updated: 2021-07-27T10:01:00.000Z An Amazone spokesperson said "the speculation that has ensued around our specific plans for cryptocurrencies is not true,” [Full text](https://www.tokenpost.com/news/business/9161.md) | [Citation metadata](https://www.tokenpost.com/news/business/9161.json) ## [Merchants can now directly sell their NFTs on Shopify](https://www.tokenpost.com/news/business/9160) By Mark Jason Alcala | Business Published: 2021-07-27T08:37:28.000Z Updated: 2021-07-27T08:37:28.000Z With Shopify's direct NFT selling feature, merchants can establish deeper relationships with their customers. [Full text](https://www.tokenpost.com/news/business/9160.md) | [Citation metadata](https://www.tokenpost.com/news/business/9160.json) ## [Tesla’s Q2 earnings report reveals that carmaker has not sold its Bitcoin holdings](https://www.tokenpost.com/news/business/9159) By Mark Jason Alcala | Business Published: 2021-07-27T07:33:56.000Z Updated: 2021-07-27T07:33:56.000Z Despite suspending BTC payments in May, the electric car manufacturer has not sold any Bitcoin since its announcement. [Full text](https://www.tokenpost.com/news/business/9159.md) | [Citation metadata](https://www.tokenpost.com/news/business/9159.json) [Newer stories](https://www.tokenpost.com/news/business.md?page=301) [Older stories](https://www.tokenpost.com/news/business.md?page=303)