Tag: Business

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Mick Jagger is using NFTs to raise money for indie music venues

The highest bid is currently $8,988, with 12 people having made an offer for the musical NFT. The Rolling Stones lead singer Mick Jagger is jumping into the nonfungible token craze to help independent music venues that have been adversely affected by the pandemic.  In an announcement from the music legend on Thursday, Jagger said…
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German software developer donated $1.2M in ‘undeserved’ Bitcoin to political party

“The donor has made it clear to us that he sees these profits as undeserved wealth,” said a spokesperson for the country’s Greens party. A German national who reportedly sees his Bitcoin profits as “undeserved wealth” has donated more than $1 million to the country’s green political party. According to Hamburg-based news outlet Die Zeit,…
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Coinbase adds hidden message with political undertones to BTC blockchain on day of IPO

Brian Armstrong previously said companies “with great intentions can sometimes end up creating division and unwelcoming environments internally” by getting involved in politics. The crypto exchange, whose CEO has previously dissuaded employees from expressing political views, started its initial public offering off with a message referencing U.S. President Joe Biden’s stimulus package.  According to Coinbase,…
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NFTs by mail? US Postal Service plans to support postage tokens

The government agency reported $73.1 billion in revenue from postage and other services in the 2020 fiscal year. The United States Postal Service will soon be stepping into the nonfungible token market. Not to release artwork or music, but rather to help customers purchase postage. In an announcement on Tuesday, communications-as-a-service platform CaseMail said the…
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Crypto.com will provide liquidity to Finxflo in new partnership

“We want to eliminate the hurdles associated with crypto trading, and streamline the experience for new retail investors,” said Finxflo CEO James Gillingham. Cryptocurrency exchange platform and card issuer Crypto.com will be providing liquidity in a new partnership with Singapore-based hybrid liquidity aggregator Finxflo. In an announcement on Tuesday, Crypto.com said it would be joining…
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German digital stock exchange will list physical Litecoin ETP

The group already has Bitcoin and Ether ETPs listed on the Deutsche Börse Xetra. London-based ETC Group, the firm responsible for listing the first crypto exchange-traded product on Germany’s Xetra digital stock exchange, will offer a new listing for Litecoin. In an announcement today, the ETC Group said its physical Litecoin exchanged-traded crypto, under the…
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Bitcoin goes yellow as Simpsons episode features BTC price rising to infinity

“Mmmmmmm… Bitcoin…” The Simpsons, one of the most popular animated sitcoms in TV history, has made a rather bullish prediction for the price of Bitcoin. In Sunday’s episode of the 31-year-running cartoon, titled “Burger Kings,” the characters get into the financial market for stocks of a new burger chain created by the town’s billionaire, Montgomery…
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Riot Blockchain Bitcoin production jumps 80% over pre-halving levels

The company said it held more than $94 million in crypto as of March 31, all from Bitcoin it has mined. In an announcement on Monday, Riot Blockchain reported that it produced 187 Bitcoin (BTC) — roughly $11.2 million — last month, an 80% increase over its BTC mining in March 2020. The company said it…
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Romanian university plans to accept crypto payments for admission fees

The academic institution with a student body of roughly 11,000 said the addition of crypto payments was part of a plan to support local businesses like Elrond. A public university in the Romanian city of Sibiu in Transylvania has said it will allow students to pay for their admission fees in crypto. According to an…
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Bitcoin mining company follows Tesla by setting up shop in Austin

Tech companies like Oracle, Tesla, Hewlett Packard, and now Blockcap are moving to Austin, causing many to call the state capital the Silicon Hills. North America-based crypto mining company Blockcap announced over the weekend it would be establishing new offices in Austin, Texas. In an announcement from Blockcap on Friday, the mining company claimed once…
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