Crypto Crash Takes BTC to a 6-Week Low on Virus Fears
Bitcoin traded at below $55,000, a six-week low on Friday as massive liquidations that occurred within an hour wiped out more than $300 million in crypto value. Bitcoin traded above…
SoftBank Tumbles as China’s Regulators Advise Didi to Exit US Public Markets
(Bloomberg) Shares of SoftBank Corp. fell more than 5% in Tokyo as the Cyberspace Administration of China asked Didi Global Inc. to come up with a plan to delist from…
The Sandbox Becomes the Latest High Profile Blockchain Joining Request Finance
(Cointelegraph) Metaverse giant, The Sandbox will start using Request Finance Invoicing for all its payments, including fiat-crypto invoicing, bookkeeping, and payroll. Sandbox made the decision to use Request Invoicing to…
Adidas Signals Metaverse Ambitions in Sandbox, Coinbase Partnership
(Bitcoinist) Apparel brand Adidas announced a collaboration with Coinbase and The Sandbox in a move seen to signal forays into blockchain and booming metaverse space. Adidas did not reveal the…
BRD Token Surges 500% on Acquisition of the Crypto Wallet by Coinbase
(Twitter) BRD’S utility token rose up to 500% after Coinbase said it had acquired the crypto wallet in an undisclosed amount. BRD customers will continue transacting as usual, but will…
Kaisa Stock Jumps on News of Debt Restructuring Plan
(CNBC) Shares of Hong Kong-listed property developer Kaisa rose up to 20% in pre-market on Thursday, after the company said it was in talks to repay investors amid looming default.…
US Jobless Claims Fall by 71,000 to Mark the Lowest Level Since 1969
(Department of Labor) US jobless claims in the week that ended November 20 was 199,000, down by 71,000 from the previous week and the lowest since November 15, 1969. The…
Canada’s Tokens.com Invests $2.5M of Decentraland’s Virtual Land
(Tokens.com) Canadian investment firm Tokens.com has acquired almost a $2.5 million stake of virtual real estate on Decentraland. Tokens.com bought 116 parcels of virtual land worth 618,000 MANA, which serves…
Rest Super Okays Crypto Allocation in the First Move by a Major Australian Pension Fund
(Business Insider) Rest Super CIO Andrew Lill has approved a small portion of the pension fund to crypto-assets, paving the way for the first exposure to the asset class by…
US Release of Strategic Crude Oil Seen as “Symbolic” With No Impact on Price
(FT) Energy Aspects’ director of research, Amrita Sen, has termed the release of 50 million barrels of crude by the US as a “a symbolic move,” with negligible impact. Sen…
Elon Musk’s Feud With JPMorgan’s Dimon Spills Into the Public Ahead of Legal Battle
(WSJ) Tesla CEO Elon Musk is set to square out with JPMorgan’s Jamie Dimon who has said the EV maker owes it $162 million from a trade arrangement dating back…
Regal Cinemas Will Now Accept Cryptocurrencies as Payment
(Markets Insider) Movie-theater chain Regal Cinemas starts accepting cryptocurrencies as a form of payment. The company will accept a number of digital payments, including Bitcoin, Ethereum, Litecoin, Dogecoin, USD coin,…
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