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Day: November 11, 2021

S. Korean Artist Management Firm Hybe Eyes Expansion into NFTs

S. Korean Artist Management Firm Hybe Eyes Expansion into NFTs

South Korea-based Hybe Co. is planning to expand its marketplace for non-fungible tokens (NFTs) by collaborating with celebrities not managed by the company. Hybe – one of South Korea’s top K-pop management agencies – manages pop superstars like BTS and Justin Bieber, Ariana Grande and J Balvin through its U.S. branch- will partner with Dunamu for …

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Ripple Launching Liquidity Hub Despite SEC Lawsuit Over XRP

Ripple Launching Liquidity Hub Despite SEC Lawsuit Over XRP

Amid an ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC) over XRP, Ripple is launching a new product, Liquidity Hub, which aims to be “a one-stop shop for enterprises to source any tokenized asset.” The product “will allow customers to seamlessly access crypto assets from a variety of global venues, including market makers, exchanges, …

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Over 3 Million Customers Can Earn Bitcoin Points Dining at 500 Restaurants via Landry’s Rewards Program

Over 3 Million Customers Can Earn Bitcoin Points Dining at 500 Restaurants via Landry’s Rewards Program

Millions of customers dining at 500 restaurants across the U.S. will soon be able to earn bitcoin points, thanks to a partnership between restaurant giant Landry’s and New York Digital Investment Group (NYDIG). In addition, Landry’s said it will buy bitcoin for its treasury. “We view bitcoin as a good choice for a portion of …

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Elon Musk offloads .1B in Tesla stock

Elon Musk offloads $1.1B in Tesla stock

The eccentric billionaire polled his Twitter followers but already had the sale planned due to tax obligations. Tesla CEO Elon Musk has offloaded more than $1 billion worth of shares, according to recent financial filings. Filings submitted on Thursday to the United States Securities and Exchange Commission confirm the sale of more than 934,000 Tesla shares …

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Saddle Raises .5M to Reduce Slippage in DeFi Trading

Saddle Raises $7.5M to Reduce Slippage in DeFi Trading

The automated market maker wants to minimize the spread on stablecoin trades. Saddle, an open-source automated market maker (AMM) for trading between pegged value crypto assets, has closed a $7.5 million funding round led by Polychain and Electric Capital with participation from Nascent, Project Galaxy and others. The fundraise follows a $4.3 million raise in …

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CONGOLESE REFUGEES USE BITCOIN TO BUILD GRASSROOTS ECONOMY

CONGOLESE REFUGEES USE BITCOIN TO BUILD GRASSROOTS ECONOMY

After the eruption of Mount Nyiragongo volcano on 22 May 2021, a restaurant worker and a blogger teamed up in the city of Goma, Democratic Republic of Congo and taught displaced families how to use Bitcoin. After the eruption of Mount Nyiragongo volcano on 22 May 2021, a restaurant worker and a blogger teamed up …

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