Category: Business

Bitcoin Signal

Uniswap and Kraken financial assistance to Ethereum development teams

The five Ethereum development teams each received $ 250,000 from the cryptocurrency exchanges Kraken, Uniswap Grants, Synthetic, The Graph, Lido and Compound Grants. The Ethereum Foundation (EF) says the budget will further strengthen and advance network innovation. Cardano launches itsEthereum-compatible side chain Cardano may soon launch his first side chain to partner with Ethereum dcSpark…
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GoldenTree asset management company has added Bitcoin to its financial balance sheet

GoldenTree asset management company has recently added bitcoin to its financial balance sheet to diversify its product portfolio. Informed sources said the move offers GoldenTree a wider range of lending solutions. The report goes on to say that the management company is looking to hire cryptocurrency investment people and blockchain executives to focus more on…
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German Mutual Funds can invest 20% of their portfolio in cryptocurrencies

A law that will take effect in Germany next week will allow institutional funds to invest 20 percent in digital assets. This development coincides with the significant acceptance of cryptocurrency industry by financial institutions and companies.

100 cryptocurrency jobs have become available on Paypal

With the global acceptance of cryptocurrencies, more than 100 cryptocurrency jobs have become available on Paypal PayPal is looking to hire more than 100 cryptocurrencies to expand its cryptocurrency services. As of this writing, there are at least 102 blockchain and cryptocurrency jobs on PayPal’s published list.

Goldman Sachs Offering Bitcoin Derivatives to Investors

The bank will protect itself from the cryptocurrency’s volatility by buying and selling bitcoin futures in block trades. Goldman Sachs is offering investors access to non-deliverable forwards (NDFs), a derivative tied to bitcoin’s price that pays out in cash, according to a Bloomberg report. When reached by CoinDesk, the investment bank confirmed the news. The…
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European Investment Bank Issues $121M Digital Notes Using Ethereum

Goldman Sachs, Banco Santander SA and Societe Generale AG served as joint managers. The European Investment Bank (EIB), the lending arm of the European Union, used Ethereum technology to issue €100 million ($121 million) in two-year digital notes for the first time, the EIB said in a statement.   Goldman Sachs, Banco Santander SA and…
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WeWork Accepting Crypto as Form of Payment

Office-sharing provider WeWork said Tuesday it is accepting some kinds of cryptocurrency as a form of payment. The office-sharing provider will hold the cryptocurrency on its balance sheet and pay landlords and third-party partners in crypto In its announcement, WeWork said Coinbase (NASDAQ: COIN) will be its first member company to use cryptocurrency as payment…
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Crypto Weekly Summary April 11-18

Bitcoin $ 8000 drop The fall of other digital currencies AgeUSD will be Cardano’s first StableQueen AgeUSD is a type of Stablecoin algorithm that will soon be introduced in the Cardano blockchain. The ADA, the Cardano Foundation’s native token, is currently the seventh most valuable currency in terms of market value. AgeUSD is the first…
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Retail Investment App Amber Hits $1B AUM

Crypto market maker Amber Group’s trading app has passed $1 billion in assets under management (AUM), according to an announcement shared exclusively with CoinDesk.   The retail investment app boasts around 100,000 users, with numbers doubling between January and February 2021. The user count pales in comparison to the 43 million on industry titans like…
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Publicly-Traded Fintech Firm Acquires Chinese Mining Farm for $9M

Future FinTech, a New York-based publicly-traded software firm, has acquired Nanjing Ribensi Electronic Technology Co., in an effort to break into Bitcoin mining.   The U.S. tech company purchased the Chinese Bitcoin miner for $9 million, according to a press release. Per the agreement, FutureFinTech will take full ownership of the firm’s mining operations, which…
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