Tag: Business

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Gemini reports ‘degraded performance’ in key systems as ETH falls under $4,000

The crypto exchange added that “all customer accounts and funds remain completely secure.” Major U.S.-based cryptocurrency exchange Gemini has experienced two service disruptions today and is now reporting degraded performance in its mobile app, web interface, and application programming interface. According to an update on the Gemini status page, the crypto exchange began investigating reports…
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NFL quarterback Tom Brady hints at owning Bitcoin

The GOAT’s Twitter profile picture now shows him with laser eyes. Tampa Bay Buccaneers quarterback Tom Brady, arguably one of the most talented American football players of all time, has hinted that he’s a Bitcoiner. On Monday, Brady changed his Twitter profile picture to one with laser eyes, potentially implying to his 1.9 million followers…
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‘Dogefather’ Elon Musk jokingly calls token a hustle as price falls under $0.50

Though Musk’s mother briefly mentioned the token during the Saturday Night Live opening monologue, the Tesla CEO followed up with an in-depth look for his Weekend Update segment. Meme-based cryptocurrency Dogecoin, often pushed by Elon Musk on Twitter, got its moment during the Tesla CEO’s appearance on Saturday Night Live, but the shoutouts didn’t drive…
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ConsenSys exec joins CoinFund to assist early-stage blockchain firms

“My team will serve as partners who support and guide founders and their teams during their journeys from early-stage to growth-at-scale,” said Vanessa Grellet. Vanessa Grellet, a five-year veteran of Ethereum software company ConsenSys, will be joining crypto investment group CoinFund as its new head of portfolio growth. In an announcement from CoinFund on Thursday,…
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Goldman Sachs leads $15M investment round for Coin Metrics

The investment firm is reportedly preparing to make cryptocurrencies available to its clients in the second quarter of 2021. Blockchain analytics firm Coin Metrics has raised $15 million in a funding found led by financial giant Goldman Sachs. In an announcement today, Coin Metrics said Goldman Sachs, Castle Island Ventures, Highland Capital Partners, Fidelity Investments,…
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Former US treasurer joins Ripple board

“Blockchain and crypto will underpin our future global financial systems,” said the new board member. Rosa Gumataotao Rios, the 43rd treasurer of the United States, will be joining Ripple’s board of directors.  In an announcement from Ripple today, the company said Rios, who served as the U.S. treasurer from 2009 to 2016 under President Barack…
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‘This ain’t no game’ as DOGE briefly flippens Nintendo and takes #4 spot from XRP

Clearly Super Mario isn’t the only one collecting coins. The market capitalization of Doge, a meme-based token that started as a joke seven years ago, briefly passed that of major Japanese video game company Nintendo following a price rally. According to data from AssetDash, the market capitalization of Dogecoin (DOGE) surged to $77.7 billion earlier…
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Dogecoin passes Tether’s market cap following eToro integration

The news also comes as DOGE proponent Elon Musk is expected to pump the token price during his Saturday Night Live appearance this week. At more than $52 billion, the market capitalization of meme-based cryptocurrency Dogecoin (DOGE) has already passed that of Twitter, U.S. car manufacturer Ford, and now, Tether. According to data from AssetDash,…
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Blockcap plans to have 50K Bitcoin miners operational by 2023

Executive chair and founder Darin Feinstein said the firm plans to make the U.S. a global leader in making blockchain technology mainstream. One of the largest crypto mining firms in North America said that it has acquired an additional 8,000 rigs and has begun mining other cryptocurrencies.  In an announcement from Blockcap on Monday, the…
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Employer paid worker in crypto, then demanded it back when price rose

“I have worked with this person for many years, and he has a tendency to try to change the terms of payment after agreeing on a certain way of operating,” said the contract worker. A United States-based business development specialist has claimed that a company that paid them for contract work using cryptocurrency now wants…
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