What is crypto’s media strategy?
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Forbes announced this morning that Binance is buying a $200M stake in the publication. Binance previously sued Forbes for defamation, and then voluntarily dropped the suit.
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Fintech News Stories
Tennessee debates state gov investment in NFTs and crypto
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State representative Jason Powell introduced a bill to Tennessee’s state legislature that, if passed, would allow the state to invest in crypto and NFTs. It would do so by amending the state government’s list of “permissible investments.”
Read MoreWirex brings crypto-linked Visa cards to U.S.
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The London-based crypto payments platform has officially launched in the U.S. Wirex was the first to let customers make payments through prepaid Visa debit cards that are linked to crypto wallets.
Read MoreBored Ape flirts with a16z
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Startup Yuga Labs, which minted the Bored Ape Yacht Club series of NFTs, is in financing talks with Andreessen Horowitz at a valuation between $4B and $5B. If it goes through, the deal would be the first institutional investment into the company.
Read MoreFollowing PayPal, Meta shares tumble 26%
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Meta, the company formerly known as Facebook, reported disappointing fourth-quarter earnings as well as its first-ever decline in users. The company’s market capitalization tanked—sliding from $898.5B to $668.4B.
Read MoreWhy is Valereum buying the Gibraltar Stock Exchange?
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Valereum, a Gibraltar-based holding company, announced that it is buying 90% of the Gibraltar Stock Exchange (GSX). Valereum looks to create the world’s first integrated fiat and digital exchange.
Read MoreWill NFTs shake up ad-driven platforms?
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YouTube CEO Susan Wojcicki announced that the video platform is looking into NFT features for its creators. The Google-owned company joins Twitter and Instagram in exploring services related to the crypto-based financial system.
Read MoreIn new report, Fed flirts with central bank digital currencies
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Late last week, the Federal Reserve released a 40-page report on the potential creation of a digital U.S. dollar, inviting explicit policy guidance from the White House and Congress.
Read MoreThrough Miami-based Milo, “crypto-mortgages” get a second life
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Milo is launching what it calls the world’s full-fledged “crypto-mortgage” service, which lets customers purchase real estate in the U.S. through bitcoin.
Read More300 community banks to offer bitcoin trading
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Through a partnership with crypto custody firm NYDIG, a group of 300 community banks will let customers trade bitcoin on their mobile banking apps.
Read MoreCrypto exchanges look into equities trading
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Brett Harrison, President of FTX US, said new trading features could be rolled out within two months; Bitstamp did not provide a tentative timeline.
Read MoreVisa, ConsenSys eye central bank digital currencies
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Visa has partnered with blockchain technology company ConsenSys to let central bank digital currencies (CBDCs) expand through existing financial networks.
Read MoreDorsey to establish legal defense fund for Bitcoin developers
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Jack Dorsey, CEO of Block (a.k.a. Square) and former head of Twitter, will sit on the Bitcoin Legal Defense Fund’s board. The group is set to cover defendants’ legal fees in the “Tulip Trading” lawsuit.
Read MoreTransUnion may bring credit checks to crypto lending
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Through Spring Labs’ ky0x Digital Passport, U.S. credit reporting firm TransUnion will let customers share their credit history with companies operating on the blockchain.
Read MoreWith varying results, U.S. politicians offer NFTs to campaign donors
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Democrat Shrina Kurani of California and Republican Blake Masters of Arizona have offered NFTs as incentives for campaign donors.
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