Cryptocurrency

Genesis Global Capital – another bankruptcy?

Genesis Global Capital, the cryptocurrency lending unit of Digital Currency Group has filed for bankruptcy amid liquidity concerns. The fall of the Three Arrows Capital as well as the recent FTX bankruptcy are some of the major factors that have led to Genesis’s cash shortages. In November, Genesis had reportedly suspended withdrawals as it had …

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Tesla jumps off Bitcoin’s ship

In a recent earnings statement, Tesla revealed that they sold 75% of their Bitcoin holdings. Bitcoin has plunged by more than 50% in value since 2021 when Tesla famously invested $1.5 billion into the crypto currency because of the currency’s “long-term” prospects. Lots of consumers followed the lead of the electric car manufacturer and Bitcoin …

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Cryptocurrency is coming to your credit cards, together with cybersecurity risks

Currently cryptos are a volatile investment, but major card companies such as Visa Inc. and Mastercard Inc. believe that soon in the future it will be used for daily consumer retails, and they don’t want to be left behind by this trend. Consumers can now pay for many things with cryptocurrencies through cards issued by …

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Metacademy on Crypto

As the FinTech industry grows, there is a growing interest in learning about the latest developments, especially among young professionals. Blockchain Foundry Inc, a blockchain development company, saw this need in the market and launched Metacademy.com in partnership with The Palmer Group.  To educate our growing population about FinTech, Metacademy covers a large variety of topics …

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CanadaHelps Enables Cryptocurrency Donations

Over the past few years, cryptocurrency has increased its presence in the world of business. Since it’s inception, it has transformed the way we do business, from online transactions to trading – and now, it’s used as a charity platform.  CanadaHelps, Canada’s largest platform for donations, has partnered with CarbonX in order to help support …

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