Hut 8 added 330 BTC to its balance sheet in July as it continues to hold 100% of the bitcoin it mines, while most public miners capitulate. Hut 8 Mining produced an additional 330 BTC in the month of July. By the end of the month, the company was operating at 2.9 EH/s and continues […]
HUT 8 MAINTAINS HODL STRATEGY, ADDS 330 BTC TO TREASURY IN JULY Read More »
KEY POINTS Vietnam’s VinFast is looking to hire 8,000 more employees for its electric-vehicle plant in Vietnam. It is ramping up production to deliver its first battery-powered SUVs to the United States by the end of this year, the company said. The Haiphong plant has capacity to produce 250,000 cars per year and VinFast has
VinFast hiring 8,000 additional employees to boost production Read More »
Months after it integrated Non-Fungible Tokens (NFTs) into Instagram for American users, Meta Platforms announced the expansion of the allowance to as many as 100 other countries. The test launch for the NFTs on Instagram was made announced in May to select creators in the U.S. The functionality will now let users in other continents, including the Americas, Africa,
Meta Instagram Embraces NFT, Expanding Footprints to 100 Countries Read More »
Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flow and fund buybacks, per statements of two people with reported knowledge of the deal. Meta to Issue
The company, which is undergoing bankruptcy proceedings, received court approval for the $270 million plan on Thursday. Crypto-lender Voyager Digital said Friday it plans to “restore access” to cash deposits on Aug. 11, the company’s first step in returning up to $270 million in fiat currency to its customers. The plan comes after Voyager, which
Crypto Lender Voyager Digital to Reopen Cash Withdrawals Next Week Read More »
IMAGINE THIS: YOU walk into a contemporary art gallery and see a digitally rendered image of your face alongside an unsavory cast of industry compatriots, and as you get closer to your own face staring back at you like some kind of gallery mirror, you notice that the description placard has your full name on
In the World of NFTs, Who’s Making Money Off Your Image Read More »
The new feature will enable any business or app to transfer funds with participating businesses and to instantly pay its users leveraging the Lightning Network. ZEBEDEE is launching a seamless integration allowing any participating business or app to transfer money across platforms. The “Log in with ZBD” feature also allows applications to pay its users
KEY POINTS Visa said it is suspending card payments for advertising on Pornhub and its parent company MindGeek. A federal judge in California on Friday denied Visa’s motion to dismiss a lawsuit by a woman who accuses the payment processor of knowingly facilitating the distribution of child pornography on Pornhub and other sites operated by
Visa suspends card payments for ad purchases on PornHub and MindGeek amid controversy Read More »
Following a series of testing phases, NFT integration is now live on Instagram across 100 countries. Social media giant Meta (META) has started to roll out non-fungible tokens (NFT) across 100 countries after integrating with Coinbase (COIN) Wallet and Dapper. Meta’s founder and CEO, Mark Zuckerberg, confirmed the rollout in a post on Facebook. Instagram users
Meta Confirms NFT Rollout Across 100 Countries Amid Coinbase Integration Read More »
“This will create an entirely new set of digital network effects that will attract new customers and be accretive to existing customers in our core retail stores,” said interim CEO Howard Schultz. Global coffee store franchise giant Starbucks is looking to launch a new Web3 rewards program to attract and retain customers, according to its
Starbucks teases Web3 rewards program to attract new customers Read More »
