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Norway's Second-Richest Man Pumps $60M into Bitcoin and Establishes a Crypto Company

Norway's Second-Richest Man Pumps $60M into Bitcoin and Establishes a Crypto Company

Norway's Kjell Inge Røkkes Aker has launched a crypto company Seetee and invested $60 million into Bitcoin.

Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong

Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong

Cryptocurrency exchange Huobi has reportedly been planning a reverse initial public offering (IPO) according to a document revealed by the Hong Kong Stock Exchange (HKEX).

Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC

Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC

Paxos Trust Company announced that it will go ahead with the launch of its blockchain-enabled Paxos Settlement Service after receiving No-Action relief from the U.S. Securities and Exchange Commission (SEC).

Binance Adds Its Sixth Fiat-To-Crypto: The Turkish Lira

Binance Adds Its Sixth Fiat-To-Crypto: The Turkish Lira

The Turkish fiat currency has been listed to trade against bitcoin, ethereum and XRP on the Binance web platform.

South Korean Shared Workspace Company Turns to a Blockchain-Powered Real Estate Platform

South Korean Shared Workspace Company Turns to a Blockchain-Powered Real Estate Platform

Sparkplus, a South Korean office sharing company, has announced a partnership with tech startup Kasa Korea for a blockchain-enabled real estate funding platform. Through the strategic collaboration, Sparkplus seeks to revolutionize Seoul’s sharing economy through a decentralized network that would enable people without much money to collectively and indirectly fund real estate.

Public Companies Now Hold Almost $7 Billion Worth Of Bitcoin

Public Companies Now Hold Almost $7 Billion Worth Of Bitcoin

At the time of writing, there is almost $7 billion of Bitcoin currently held by 13 publicly listed companies, notably MicroStrategy, Square, Galaxy Digital and Grayscale.

Leading Asian Fintech Company WeLab Completes the Largest Ever Fintech Fundraising in China

Leading Asian Fintech Company WeLab Completes the Largest Ever Fintech Fundraising in China

Leading fintech company, WeLab announced on Dec. 12 that it has raised US$156 million in Series C of strategic financing, becoming the largest fintech fundraising in China so far. WeLab was one of the first virtual banks established in Hong Kong, after receiving a virtual banking license from Hong Kong’s de facto central bank, the Hong Kong Monetary Authority (HKMA) in April 2019.

Former CEO of Hong Kong Listed Company Joins Worldmoney as Shareholder

Former CEO of Hong Kong Listed Company Joins Worldmoney as Shareholder

Worldmoney Financial Blockchain Co., Ltd, the parent company of Blockchain.News, announced the addition of Mr. Chau Cheuk Wah as company shareholder.

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

Publicly-listed Canadian crypto mining form Bitfarms has temporarily reduced employees because of the social and economic challenges caused by the coronavirus outbreak.

Top Brazilian Meat Processing Company Leverages Blockchain to Reduce Deforestation

Top Brazilian Meat Processing Company Leverages Blockchain to Reduce Deforestation

JBS, a leading Brazilian meatpacker, has resorted to blockchain technology to leverage its traceability of tens of thousands of cattle it processes daily.

Ripple Files Lawsuit Against YouTube Over Cryptocurrency Investment Scam

Ripple Files Lawsuit Against YouTube Over Cryptocurrency Investment Scam

Ripple crypto firm has hit YouTube with a lawsuit accusing the streaming platform of failing to take action against crypto scams that impersonate the cryptocurrency company.

Coinbase Going Public via Direct Listing on Nasdaq to be Expected as SEC Publishes Registration Statement

Coinbase Going Public via Direct Listing on Nasdaq to be Expected as SEC Publishes Registration Statement

Coinbase cryptocurrency exchange is officially going to be listed on NASDAQ as a publicly-traded company.

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