Square to acquire Australian fintech Afterpay in $29B deal
Square will acquire Australian fintech firm Afterpay in a $29 billion stock deal, expecting to close the transaction in Q1 2022....
Wealthfront Adds Crypto Investments to Its Trading Offerings
Wealthfront finally begins offering crypto exposure to its clients. Clients will be able to allocate up to 10% of their total portfolio to the two...
Former Bitmain CEO Jihan Wu raises fresh capital for new crypto unicorn
Matrixport, a part of Jihan Wu’s Bitmain exit strategy, is now valued at over $1 billion in just 2 years....
Betting on tax bill FUD: 5 things to watch in Bitcoin this week
Fresh hurdles to overcome for Bitcoin sentiment come as fundamentals stay solid and $40,000 refuses to go without a fight....
Buda Exchange Starts Requesting Selfie Verification for Withdrawals to New Bitcoin Addresses
Buda, a Chile-based cryptocurrency exchange, has started requesting selfie verification every time a user needs to withdraw funds to a new bitcoin address. This new...
Active Bitcoin Addresses Increase 30%
BTC millionaires also increased their accumulation in the last 7 days....
Blockchain Company DMG Invests $2 Million in Bosonic’s Crypto Trading Platform
The company’s latest investment is a strategic initiative focused on the institutional adoption of digital currencies....
Cash App’s quarterly Bitcoin revenue triples despite BTC impairment loss for Square
Jack Dorsey’s Square made more than 90% more gross profit than the same period last year, with $546 million coming from Cash App’s Bitcoin services....
Kenyan Insurance Executive Calls Cryptocurrencies Ponzi Schemes, Warns Users This Will ‘End in Tears’
A Kenyan insurance executive, Julius Kipng’etich has compared cryptocurrencies like bitcoin to Ponzi schemes and has urged his countrymen not “touch this.” In addition, Kipng’etich...
Nigerian crypto adoption rises despite govt crackdown
Nigerians are still hungry for crypto despite the central bank’s efforts to quash it....