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Tag Archives: social

Billionaire Investor Mark Cuban Seeks Crypto Utility Over Trading

Speaking to CNBC on Jan. 11, the billionaire investor said he looks for utility when researching crypto investments. He followed up with “tokens trading are the least important part of crypto” in a Tuesday tweet. Decentralized platforms leveraging smart contract technology and DAOs are his preferred choices, he stated. Tokens trading are the least important part of crypto. Being able to create businesses on decentralized platforms leveraging smart contracts, validators,...

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CryptoCom NFT Appoints Former Apple and ESPN Executive as Senior Director

Jeff Zeller has been named by CryptoCom NFT as its Senior Director of NFT Partnerships and Business Operations, a PR from the exchange said on Wednesday. Zeller previously occupied senior positions at Sony Music and Apple and was the director of Entertainment Partnerships and Marketing at ESPN before joining the crypto firm. New CryptoCom NFT Senior Director The announcement shared with CryptoPotato informed about the hiring of Zeller, who came directly from ESPN. The company...

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Binance Becomes Exclusive Cryptocurrency Sponsor of African Cup of Nations

The world’s largest digital asset trading venue – Binance – announced it partnered with the Confederation of African Football (CAF). As a result, the company became the official cryptocurrency and blockchain sponsor of the 2021 TotalEnergies Africa Cup of Nations (AFCON) tournament. The latter is the most significant soccer championship on the continent – this year, it is held from January 9 till February 6, 2022, in Cameroon. Binance’s African Endeavor Apart from taking its...

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Nasdaq-Listed Real Estate Company to Embrace Bitcoin, Ethereum, Dogecoin, and Shiba Inu Payments

Washington-based real estate firm – Harbor Custom Development, Inc. – will reportedly start accepting digital currencies as payment for its residential homes, apartments, condominiums, and other properties as of January 24th. Crypto Making its Way in the Retail Estate Industry According to a recent coverage, Harbor Custom Development, Inc. (Nasdaq ticker: HCDI) will embrace numerous digital assets as a means of settlement. Some of the assets include Bitcoin (BTC), Ethereum...

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Is Ether a Security? SEC Chair Gary Gensler Avoids a Direct Answer

SEC chairman Gary Gensler hit the media headlines by avoiding directly answering whether or not he thinks Ethereum’s native cryptocurrency is a security. Instead, he took the opportunity to reiterate his pitch for a more comprehensive regulatory environment for the crypto sector. Gensler Fails to Clarify Ether’s Stance Gensler not answering the question on Ethereum’s regulatory status highlights the significance of the issue. As an MIT professor in 2018, he had noted that...

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Jack Dorsey’s Company to Hire Bitcoin Mining Experts

Former Twitter CEO and co-founder of Block Jack Dorsey continues to pursue bitcoin (BTC) mining plans as his company moves to hire a Custom Digital Design Lead. Block Advertises Bitcoin Mining-related Job San Francisco-based financial services group Block (formerly known as Square) is hiring a Custom Digital Design Lead, according to a recent job listing on LinkedIn. The role description looks to recruit an experienced designer to join a team of developers working on an...

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Fidelity Investments Canada to Add Bitcoin Exposure to All-in-One ETFs

The multinational financial services corporation aims to make several changes to its Fidelity All-in-One Growth ETF and Fidelity All-in-One Balanced ETF, including adding a small allocation to the company’s Bitcoin ETF. After several unsuccessful attempts to launch a spot Bitcoin exchange-traded fund in the States, Fidelity, through its Canadian branch, released such a product up north late last year. Now, the company has announced that it will provide a wider adoption for...

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Kosovo Police Confiscates Hundreds of Cryptocurrency Mining Machines

As a result of several police actions, the Kosovo authorities seized more than 300 cryptocurrency mining devices. According to the nation’s Minister of Energy and Economy, the seizure will save “tens of thousands of Euros per month.” Kosovo’s Ban Intensifies Similar to many other countries in Europe, Kosovo currently struggles with an energy crisis prompted by the sharp price increase of electricity. Attempting to curb consummation during the winter and eliminate power...

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Bahrain’s Central Bank Declares Its JPM Coin Payment Test a Success

The Central Bank of Bahrain (CBB) has successfully completed a test of JPMorgan’s JPM Coin. The latter is a digital currency designated to make payments using blockchain technology. First Tests for JPM Coin in The Region Bahrain’s central bank revealed it is committed to improving the customer experience for secure and efficient settlement services. Seeking to achieve its mission, the financial institution completed a trial of JPMorgan Chase’s JPM Coin. This is the first test...

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Pantera Capital’s CIO: Ethereum Could Soon Be Behind 50% of All Financial Transactions

According to Joey Krug – Chief Investment Officer at digital asset investment firm Pantera Capital – Ethereum will continue to be superior to its rivals. Moreover, the exec believes Vitalik Buterin’s project could facilitate 50% of the global financial transactions in the next decade. Ethereum Is Not Likely to Be Challenged By Competing Networks In a recent interview for Bloomberg, Joey Krug – an early DeFi developer and CIO of Pantera Capital – predicted that Ethereum could...

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