Anonymous sources inside digital exchange Robinhood said that its plans for initial public offering (IPO) have been put on hold amid the fallout of the GameStop saga, according to Fox Business Network senior correspondent Charles Gasparino. SCOOP: Ppl inside @RobinhoodApp tell @FoxBusiness plans for an IPO are on hold to focus on surviving the current […]
Biden rejects Bitcoin-sized COVID-19 rescue plan as money printers prime for action
The president’s refusal to budge on a $1.9 trillion COVID-19 relief bill will have knock-on effects for Bitcoin, as the money printers look set for action once more. United States President Joe Biden has rejected a Republican proposal for a COVID-19 relief bill that would have seen $618 billion allocated to struggling American households and […]
Impending CME futures launch – What next for Ethereum?
As Ethereum surpasses its all-time-high, and an 8-fold increase over the last year, many will wonder if, and how, the price of the number 2 cryptocurrency will be affected when CME futures opens for trading Ethereum this coming Sunday, pending final approval. It can be wondered if a similar scenario will play out, as that of […]
Tidal and Reef Join Hands to Bring DeFi Smart Contracts
Tidal Finance, programmable decentralized finance (DeFi) insurance solution provider, and Reef Finance, a liquidity aggregator, have come together to bring innovative smart contract insurance solutions. Tidal Finance expressed delight in joining forces with Reef Finance through its Twitter handle, mentioning that the allies intend to present the decentralized smart contract insurance products to its users. […]
Hanwha to acquire $52M stake in crypto exchange Upbit’s parent company
Hanwha Investment and Securities reached an agreement to buy 2.06 million shares from Upbit operator Dumanu. South Korean conglomerate Hanwha Group is reportedly acquiring a stake in the parent company of major local cryptocurrency exchange Upbit. Hanwha Investment and Securities, the securities brokerage arm of Hanwha Group, has reached an agreement to buy a 6.15% […]
Jeff Bezos to Step Down as Amazon CEO
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AMZN Stock Up 1%, Amazon Records Largest Quarter by Revenue, $125.56B in Sales
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PFE Stock Down 2%, Pfizer Reports Profitable Q4, Works on Adapting Vaccine to New Strains
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OKEx Announces Bitcoin Lightning Network Integration for Faster Transactions
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Cross-chain DeFi interoperability on the agenda as Ren joins Alameda
Ren is teaming up with Alameda to boost cross-chain decentralization. Cross-chain bridge service Ren has announced that its development team will be joining Alameda according to a blog post by CEO Taiyang Zhang. As part of the announcement, Zhang revealed that the focus of the move is on enabling Solana (SOL) support on RenVM — […]
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