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China's Meitu Doubles Down on its BTC and ETH Purchases and Invests Another $50 Million

China's Meitu Doubles Down on its BTC and ETH Purchases and Invests Another $50 Million

Meitu has scooped up an additional $50M of crypto, with Ether allocation surpassing Bitcoin's.

Meitu Chinese Beauty App Purchases $40 Million Worth of Bitcoin and Ethereum

Meitu Chinese Beauty App Purchases $40 Million Worth of Bitcoin and Ethereum

Meitu has bought 15,000 units of ETH and 379 units of BTC, which were valued at around $22.1 million and $17.9 million respectively at the time of purchase.

Square Inc. To Go Carbon Neutral in Its Bitcoin Operations by 2030

Square Inc. To Go Carbon Neutral in Its Bitcoin Operations by 2030

Jack Dorsey’s payment company Square Inc. has laid out plans to go carbon neutral bordering on all Bitcoin and operational aspects by 2030.

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

As per the US SEC filing announced on Monday, February 8, Tesla has invested $1.5 billion into Bitcoin and intends to accept the crypto payments.

Square Inc. Launches Alliance for Crypto and Blockchain Companies to Fight Patent Trolls

Square Inc. Launches Alliance for Crypto and Blockchain Companies to Fight Patent Trolls

Square has announced that it has successfully launched COPA to empower blockchain and crypto companies and to protect them from patent hoarding trolls.

Canadian Dollar Stablecoin QCAD Launched for Mass Market

Canadian Dollar Stablecoin QCAD Launched for Mass Market

Canada Stablecorp Inc. has launched a new regulated Canadian Dollar stablecoin called “QCAD”.

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

PayPal Inc. has officially confirmed its plans to acquire the crypto startup company Curv.

Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare

Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare

Benchmark, a venture capital company that earlier backed Ebay Inc., Twitter Inc., and Uber Technologies, plans to invest a whopping $50 million into Ethereum-powered fantasy football platform Sorare.

World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

The world’s second-largest bitcoin mining equipment producer, Canaan Inc. raised $90 million during its initial public offering (IPO).

Square Wants Less Technical User-Friendly Cryptocurrency Wallets

Square Wants Less Technical User-Friendly Cryptocurrency Wallets

Square Crypto, the cryptocurrency arm of the online payment service provider Square Inc is set to fund the development of crypto wallets with enhanced UX.

Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter

Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter

Riot Blockchain Inc, one of the few blockchain companies to be listed on the Nasdaq has posted yet a profitable third quarter performance.

Ripple is Determined to be Carbon Neutral by 2030

Ripple is Determined to be Carbon Neutral by 2030

Ripple Labs Inc, the blockchain company behind the Ripple (XRP) coin has declared its intentions to eliminate all of its carbon footprint by 2030.

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