Business

One-Fourth of Fund Managers Expect Bitcoin Price Over $75K in 12 Months: BofA Survey

Long bitcoin trades more crowded than long ESG positions.

Business  ·  17 November 2021

Director Quentin Tarantino Sued by Miramax Over ‘Pulp Fiction’ NFTs

Miramax has its own NFT plans and says the sale isn’t covered by Tarantino’s republishing rights.

Business  ·  16 November 2021

Why Are We Still Debating Whether Craig Wright Is Satoshi?

In the 21st century, you can believe anything you want and take others along for the ride. That makes journalists jobs much harder.

Business  ·  16 November 2021

Riot Blockchain Drops After Missing Q3 Revenue, Earnings Estimates

The bitcoin miner reported a net loss in the quarter of 16 cents per share, while analysts were expecting a gain of 35 cents per share.

Business  ·  16 November 2021

Supply Chain Meets NFTs in New Offering From Enterprise OG MultiChain

Can track-and-trace get a boost from the world of digital collectibles?

Business  ·  16 November 2021

Liquid Staking Protocol PStake Raises $10M in Strategic Funding

The round included investments from Galaxy Digital, Coinbase Ventures, Kraken Ventures and Alameda Research.

Business  ·  16 November 2021

Voyager Digital Posts Fiscal Q1 Revenue of $65.6M, In-Line With Guidance

The crypto exchange says it’s positioned to exceed record revenues during the current quarter.

Business  ·  16 November 2021

Hive Blockchain Posts Record Revenue in Q2 on Higher Crypto Prices

The crypto miner’s fiscal Q2 earnings per shares were up 433% from the same quarter last year.

Business  ·  16 November 2021

Twitter CFO Says Buying Crypto Assets ‘Doesn’t Make Sense Right Now’: Report

Ned Segal cited volatility as to why the company doesn’t want to invest in crypto.

Business  ·  16 November 2021

AMC Theatres to Accept Shiba Inu Within Two to Four Months

The largest movie theater chain in the U.S. already accepts bitcoin, ether, and other cryptos.

Business  ·  16 November 2021

Invesco India and CoinShares to Launch ‘Feeder Fund’ of Blockchain Stocks

The fund opens to Indian investors next week after getting the go-ahead from SEBI.

Business  ·  15 November 2021

Greenidge Generation Reports Record Revenue in Q3, Names New CFO

The bitcoin miner’s third quarter revenue grew 484% year-over-year, and the company appointed Robert Loughran as its new Chief Financial Officer.

Business  ·  15 November 2021

BitGo Tops $64B Under Custody as COO Cassie Lentchner Takes Over as ‘Trust’ President

The surge in AUC – BitGo held $16 billion a year ago – was attributed to the stampede of institutional investors.

Business  ·  15 November 2021

Crypto Venture Firm Paradigm Announces $2.5B Fund, Industry’s Largest

It tops the $2.2 billion fund announced by Andreessen Horowitz in June.

Business  ·  15 November 2021

Alex Raises $5.8M to Bring DeFi to the Bitcoin Ecosystem

The protocol is built on the Bitcoin-linked Stacks blockchain.

Business  ·  15 November 2021