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DCG records over $1b loss in 2022 amid crypto collapses
Digital Currency Group (DCG), a venture capital conglomerate with subsidiaries including Genesis and crypto news publication Coindesk, recorded over $1 billion loss in 2022, majorly as a result of Three Arrows Capital’s collapse which impacted Genesis. According to the report… дальше »
2023-2-28 13:19 | |
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S&P Dow Jones to Oust Adani from Sustainability Index Following Accusations of Financial Malpractice
Coinspeaker S&P Dow Jones to Oust Adani from Sustainability Index Following Accusations of Financial Malpractice The S&P Dow Jones is removing Adani from its index, further adding to the Indian conglomerate’s mounting woes. дальше »
2023-2-4 15:45 | |
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Web3 Hackathon on Astar sponsored by Toyota Motor Corporation
Tokyo, Japan, 1st February, 2023, Chainwire Toyota Motor Corporation, Japan’s largest conglomerate with over 330,000 employees worldwide, is sponsoring its first ever global Web3 hackathon. It has chosen Astar Network, the smart contract platform for multichain, to make Web3 use cases for Toyota’s employees. дальше »
2023-2-1 13:22 | |
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Comcast Surpasses Q4 2022 Expectations amid Broadband Growth Slowdown
Coinspeaker Comcast Surpasses Q4 2022 Expectations amid Broadband Growth Slowdown American multinational telecoms conglomerate Comcast had a commendable Q4 2022 outing despite stacked losses from its Peacock platform. дальше »
2023-1-26 18:04 | |
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The Fall of Genesis: A Wake-up Call for the Crypto Industry
The crypto industry has received a significant blow as Genesis, a prominent cryptocurrency lender, filed for bankruptcy. The SEC charges Genesis for illegal crypto sales. Genesis is a part of the DCG conglomerate of 200+ crypto-focused businesses. дальше »
2023-1-23 23:15 | |
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Crypto Conglomerate DCG Suspends Dividends Amid Distress at Genesis Unit
"In response to the current market environment, DCG has been focused on strengthening our balance sheet by reducing operating expenses and preserving liquidity," it told shareholders in a letter Tuesday. дальше »
2023-1-18 02:30 | |
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Crypto Conglomerate DCG Under Investigation By U.S. Authorities
Digital Currency Group, better known as DCG, is currently under investigation by U.S. authorities. According to a report by Bloomberg, U.S. prosecutors in New York – specifically, the city of Brooklyn – are assessing the internal transfers between the multibillion-dollar crypto conglomerate and its crypto lending arm, Genesis Global Capital. The crypto lending company has […] дальше »
2023-1-9 16:08 | |
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Crypto Conglomerate DCG Being Investigated by DOJ, SEC: Report
Officials with the U.S. Department of Justice's Eastern District of New York and the Securities and Exchange Commission are examining transfers between Digital Currency Group and Genesis, one of its subsidiaries, a report late Friday said. дальше »
2023-1-7 08:12 | |
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DCG Closes Subsidiary HQ Digital, Fueling Fears In Bitcoin Market
Digital Currency Group (DCG), the crypto conglomerate that owns lender Genesis Trading and asset manager Grayscale, among others, today made public that it has closed its asset management division called HQ Digital, fueling new fears within the bitcoin and crypto industry, given that the company managed $3. дальше »
2023-1-6 13:00 | |
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Oorbit partners LG to bring metaverse games to smart TVs
Oorbit, a metaverse platform focused on advancing interoperable gaming across 3D virtual worlds, has partnered with South Korea conglomerate LG Electronics to bring metaverse games to smart TVs. In an announcement on Thursday, Oorbit revealed that the partnership aims at promoting the adoption of blockchain and immersive games on LG TVs. дальше »
2023-1-6 19:08 | |
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First Mover Asia: Bitcoin Falls on Inflation Fears but Continues Its Ride Above $17K
ALSO: Sam Reynolds writes that Taiwan-based technology conglomerate HTC is looking to take its virtual headset business public as part of a quest to help cultivate the metaverse. But is the company going in the wrong direction? дальше »
2022-12-7 06:54 | |
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CommBank announces migration to XRP standard starting November 2022
Australian Commonwealth Bank is transitioning cross-border payments to the ISO 20022 Standard, a standard already met by Ripple. CommBank to begin using XRP standard Following Ripple, Australia’s largest financial conglomerate, CommBank, also called the CBA, has announced today, November 17,… дальше »
2022-11-18 00:30 | |
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Meta Cuts Workforce Amid Its Metaverse’s Losing Streak
Employees at sprawling American multinational technology conglomerate Meta face uncertainty amid a broad restructuring plan that includes significant layoffs. In a Wednesday letter to employees, Mark Zuckerberg stated that they had decided to slash the company’s workforce by about 13% following an unexpected turnaround in the company’s revenues. дальше »
2022-11-16 17:24 | |
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Blockchain Gaming Elite Team Up for Inaugural GAM3 Awards
A conglomerate of the industry’s leading companies and influencers have teamed up for the inaugural GAM3 Awards, which aim to become the Grammys for web3 gaming. The post Blockchain Gaming Elite Team Up for Inaugural GAM3 Awards appeared first on NFT News Today. дальше »
2022-11-15 17:08 | |
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Entertainment Giant Konami Seeks Personnel To Set Foothold In Metaverse And Web3
The billion-dollar entertainment conglomerate Konami will jump into the Web3 and Metaverse with its own products and services. The company made the announcement via its official website with the launch of new positions to create the team that will allow them to enter the nascent sector. дальше »
2022-10-15 01:00 | |
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SEC Moves The Microscope Under NFT Conglomerate Yuga Labs
The SEC is shifting it’s sights towards NFTs, according to emerging reports hitting the wire on Tuesday. The U.S. regulator is apparently looking into whether to deem NFTs as securities and is exploring whether or not the sale of the NFTs violates federal law, including a specific look into Yuga Labs’ ApeCoin distribution. Let’s review […] дальше »
2022-10-12 22:31 | |
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SEC Puts NFT Conglomerate Yuga Labs Under The Microscope
The SEC is shifting its sights towards NFTs, according to emerging reports hitting the wire on Tuesday. The U.S. regulator is apparently looking into whether to deem NFTs as securities and is exploring whether or not the sale of the NFTs violates federal law, including a specific look into Yuga Labs’ ApeCoin distribution. Let’s review […] дальше »
2022-10-12 22:31 | |
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OpenSea Partners With Warner Music Group
If audio NFTs are “up next,” you can count OpenSea and Warner Music Group (WMG) as two parties that are going to be aggressively present on the frontlines. The leading NFT marketplace and record label conglomerate are pairing up, according to a press release that hit the wire on Thursday morning. Let’s review what we […] дальше »
2022-9-30 02:01 | |
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Finance giants Fidelity, Citadel Securities and Charles Schwab launch crypto exchange
A conglomerate of banking giants and other traditional finance companies, including top Fidelity Digital Assets, Charles Schwab and Citadel Securities, have today announced the launch of a Bitcoin (BTC) and cryptocurrency exchange. дальше »
2022-9-14 01:38 | |
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Layer One Blockchain Startup 5ire Raised $100 Million, Joins Unicorn Club
Level One blockchain network, 5ire, has joined the unicorn club after raising $100 million at a valuation of $1. 5 billion in Series A round. It received the funding from UK-based conglomerate SRAM & MRAM Group which made 5ire India’s 105th unicorn. дальше »
2022-7-16 04:00 | |
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‘Crypto Is An Investment In Nothing’ — Warren Buffett’s Partner Charlie Munger Rants
Charlie Munger, billionaire investor and Vice President of Warren Buffett’s Berkshire Hathaway investment conglomerate, has reiterated his hardened stance against cryptocurrencies. дальше »
2022-7-14 20:33 | |
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Samsung and XOXO- A partnership setting new standards in the NFT world
If you thought cryptography and the NFT worlds are merely a passing trend only for geeks and millennials, you probably haven’t heard the latest news in the industry. When a conglomerate joins NFTThe post Samsung and XOXO- A partnership setting new standards in the NFT world appeared first on AMBCrypto. дальше »
2022-6-30 11:15 | |
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Binance partners with UAE shopping conglomerate Majid Al Futtaim
Even with the latest decline in the crypto market, blockchain technology is rapidly being adopted across the United Arab Emirates with the recent development being a partnership between Binance, one of the world’s leading crypto exchanges, and UAE shopping conglomerate Majid Al Futtaim. дальше »
2022-6-1 18:00 | |
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AnChain.AI, Doosan Corporation (Doosan Digital Innovation BU) on Flow
Silicon Valley-based digital asset platform company AnChain.AI today announced its partnership with Doosan Corporation (Doosan Digital Innovation BU- hereafter, DDI), a South Korean multinational conglomerate... дальше »
2021-12-10 09:20 | |
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Grayscale parent Digital Currency Group raises $700 million
Crypto conglomerate Digital Currency Group has raised over $700 million in a round led by two SoftBank funds, the Wall Street Journal reported earlier today. The post Grayscale parent Digital Currency Group raises $700 million appeared first on CryptoSlate. дальше »
2021-11-1 15:16 | |
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Thailand’s Largest Department Store Conglomerate Is Testing Its Own Cryptocurrency For Payments
Central Retail Corp, the largest shopping center developer in Thailand, has started distributing its own crypto coin to its employees in malls and restaurants globally on a trial basis with the plan of expanding the currency’s circulation later to also include its customers. дальше »
2021-10-29 20:52 | |
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Ripple joins hands with Nelnet to launch a $44M clean energy fund
Ripple has partnered with Nelnet Renewable Energy, a business unit of renowned conglomerate Nelnet, in an ESG deal. A press release disclosed this news on October 11, noting the two firms have entered into a joint investment that will see them inject $44 million (£32. дальше »
2021-10-12 16:09 | |
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SBI Holdings Seeks to Launch Japan’s First Crypto Fund
Japanese financial conglomerate SBI Holdings Inc. hopes to launch the country’s first cryptocurrency fund by the end of November. The post SBI Holdings Seeks to Launch Japan’s First Crypto Fund appeared first on BeInCrypto. дальше »
2021-9-3 13:30 | |
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The Third-Largest Company in the World plans to start mining Bitcoin
Saudi Aramco (SE: 2222), a Middle East oil giant, currently the third-largest company in the world, valued at $1. 8 trillion, could be the next multinational conglomerate to join Bitcoin, this through mining. дальше »
2021-8-2 17:52 | |
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Coca-Cola to Launch First NFT on OpenSea on Friendship Day to Benefit the Special Olympics
Coca-Cola, one of the most popular beverage companies in the world, has announced that it will launch a non-fungible token (NFT). In a press release shared earlier today, the Atlanta-based beverage conglomerate confirmed that it had partnered with developer Tafi to launch branded virtual wearables as NFTs. дальше »
2021-7-29 21:53 | |
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Two Japanese firms turn to Ripple (XRP) tech to power remittances
SBI Remit, a subsidiary of Japanese financial and services conglomerate SBI, and Hamamatsu Iwata Credit Bank, a regional credit union, will soon use Ripple for powering remittance services. The post Two Japanese firms turn to Ripple (XRP) tech to power remittances appeared first on CryptoSlate. дальше »
2021-7-2 07:00 | |
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Softbank Invests $200 Million in Brazilian Crypto Trading Platform Mercado Bitcoin
The multinational conglomerate holding company headquartered in Tokyo, Softbank operates a Latin America Fund that invests in startups focused on identification technology, e-commerce, education, fintech and now cryptocurrency solutions. дальше »
2021-7-2 05:30 | |
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Genshiro – Equilibrium’s DeFi Parachain on Kusama Network
Genshiro, Equilibrium’s DeFi conglomerate, recently went live with Crowdloan, their first DeFi product on the Kusama blockchain. Just like Kusama is a canary network to Polkadot, New products on the Equilibrium blockchain are to be tested on their canary network – Genshiro. дальше »
2021-6-24 14:10 | |
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Inaugural Africa Blockchain Week Summit to start on June 28
The inaugural Africa Blockchain Week will launch from June 28 to July 1, 2021. NexChange Group, a blockchain ecosystem, and venture builder, and MARITA Group, an African conglomerate will form a partnership to co-host this Virtual Summit. дальше »
2021-6-2 21:57 | |
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Carl Icahn says crypto is here to stay; Eyes a $1.5B investment in the sector
US billionaire Carl Icahn, the chairman of Icahn Enterprises and the CEO of Icahn Capital, believes that cryptocurrencies are here to stay. He shared his bullish sentiments on the crypto space during an interview on May 16, noting that while Icahn Enterprises has not invested in cryptocurrencies, the conglomerate is studying the sector. дальше »
2021-5-28 17:33 | |
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Samsung the Latest to Embrace Crypto By Adding Ledger Wallet Service
Earlier today, Samsung Electronics announced that its users can now access and trade cryptos directly on its Galaxy smartphones. This latest update from the Korean conglomerate will allow crypto traders and blockchain users to process transactions by transferring cold storage wallets to the Samsung Blockchain. дальше »
2021-5-14 07:08 | |
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Japan megabank Sumitomo Mitsui issues crypto ‘security’ token
Japanese financial conglomerate Sumitomo Mitsui Trust Bank, one of the biggest banks in Asia, has issued a security token to investors in the first-such move of its kind, as per a release yesterday by security tokens issuer and technology firm Securitize. дальше »
2021-3-30 16:00 | |
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SBI Crypto launches Bitcoin mining pool for the 'public'
SBI Crypto, the mining subsidiary of Japanese financial conglomerate SBI Holdings, is in the news today after it announced the launch and availability of its Bitcoin mining pool service in English, MaThe post SBI Crypto launches Bitcoin mining pool for the 'public' appeared first on AMBCrypto. дальше »
2021-3-19 14:53 | |
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Asia Cryptocurrency Titans, GMO Internet Group and Liquid, Partner to Create the First Synthetic JPY FX Instruments
GMO-Z.com Trust Company, Inc. , the New York-based, regulated stablecoin subsidiary of Japanese financial services and internet conglomerate GMO Internet Group, and Liquid , one of the... дальше »
2021-3-4 09:30 | |
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