Bitcoin ventures
SET-listed tech and ICT solution provider Samart Corporation is set to foray into cryptocurrency and non-fungible token NFT businesses through a new company in collaboration with partners in the second quarter. This new startup will be set up by Samart Digital Company SDC , a subsidiary of Samart that spearheads the group's digital lifestyle services. Watchai Vilailuck, executive vice-chairman of Samart, said the new firm will move towards the emerging business and SDC is in the process of proposing the new venture's business plan to investors. The firm will be unveiled in the second quarter, he said, adding: "It will accelerate the recovery of Samart group under an 'alert, adapt and achieve' business model. Mr Watchai did not elaborate on the details of the crypto and NFT business model which will be carried out by the new firm, saying more time is needed to conclude it. SDC recently launched the latest horoscope app offering one-stop astrology services and a new online platform that allows merit makers to pay respect to the Buddha, make donations, redeem vows, take fortune sticks and worship sacred objects at temples and holy places at any time.
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Content:
- Facebook’s Bumbling Crypto Venture Diem to Wind Down, Sell Assets
- Facebook’s crypto venture dwindles as it sells its Diem tech to crypto-focused bank
- Nonfungible Tidbits: This week in bitcoin, cryptocurrency and NFTs
- An Early Ethereum Backer Is Targeting Asia's Biggest Crypto Venture Fund
- Powerful for developers. Fast for everyone.
- WSJ: Facebook’s Cryptocurrency Venture to Wind Down, Sell Assets
- Cryptocurrency Mania Fuels Hype and Fear at Venture Firms
- Meet the modern crypto venture capital
- Become a free MediaPost member now to read this article
Facebook’s Bumbling Crypto Venture Diem to Wind Down, Sell Assets
Close panel. Press Enter. Founded in June , San Francisco-based Coinbase gives consumers and merchants the ability to easily buy, sell, store and transact with Bitcoin, and provides developers with the tools they need to create new applications for Bitcoin on top of its core technology. As of January , Coinbase has 2. Mergers and acquisitions.
Big Data. BBVA acquires big data startup Madiva. What are you looking for? Press Enter Predictive Search. Close panel Close panel Close panel. Shareholders and investors. BBVA in the World. BBVA Earnings. Financial calendar. Latest news. BBVA Podcast. Customer service via social networks.
Careers at BBVA. Social media. Banking Act. Coinbase gives consumers and merchants the ability to easily buy, sell, store and transact with Bitcoin, and provides developers with the tools they need to create new applications for Bitcoin on top of its core technology. Cristina Ferreiro. Keep reading about Banking Blockchain Business economics and corporate information Digital coins Investments. Recommended for you.
Facebook’s crypto venture dwindles as it sells its Diem tech to crypto-focused bank
BitMEX Group is pursuing the ambitious goal of establishing a one-stop shop for regulated crypto products in Germany, Austria, and Switzerland, and thus becoming a strong player in Europe — in addition to our global ambitions. Read on to see how you can qualify for our new offers. From 20 January onwards, you can use our Crypto Converter to convert Bitcoin into Tether ERC — and vice versa — with more coin conversions to be introduced soon. Abstract: In this piece we attempt to compare and evaluate the differences in the blockchain size and data storage requirements, for Bitcoin and Ethereum. On the other hand, this metric is not a particularly useful comparison, as to learn useful information about the Ethereum network one needs to perform significantly more computations and generate far more data.
Nonfungible Tidbits: This week in bitcoin, cryptocurrency and NFTs
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An Early Ethereum Backer Is Targeting Asia's Biggest Crypto Venture Fund
UK-based cryptocurrency venture Save Planet Earth has convinced investors it can make them rich and fix the climate, but its tree-planting vision is a long way from reality. Why would anyone pay such a huge premium? To find answers, Climate Home News dived into a community of cryptocurrency investors, connecting on messaging apps Telegram and Discord. The aim?
Powerful for developers. Fast for everyone.
Cryptocurrencies were experiencing a nice rebound on Thursday after feeling pressure earlier in the week. The broader stock market is up, and tech stocks, in particular, are moving higher, which generally helps cryptocurrencies. But the bigger news was about a new venture capital fund being raised by Andreesen Horowitz. The biggest news on the cryptocurrency front actually came out of Russia, where the country's central bank and the Federal Security Service FSB have called for a ban on trading cryptocurrencies, and that ban may extend to mining crypto as well. Many crypto mining operations have set up shop in the country. China was the first major country to ban cryptocurrencies.
WSJ: Facebook’s Cryptocurrency Venture to Wind Down, Sell Assets
Among them was Deng Chao, then an investment manager for the Chinese cars-to-energy conglomerate Wanxiang Group. It was a spectacularly timed bet. Deng is raising the stakes at a fraught time. After a year in which Bitcoin and Ether -- along with a host of other cryptocurrencies -- rallied to records, expectations of tighter monetary policy have brought a reckoning. The venture capital industry, which plowed more money into crypto firms in than in all previous years combined, started with a raft of deals at multibillion-dollar valuations. As institutional participation in the cryptocurrency sector increases, HashKey has bet on startups that provide crypto services to financial firms.
Cryptocurrency Mania Fuels Hype and Fear at Venture Firms
You might be a savvy investor, a creator or just dipping your toe in the water. Rows has reinvented spreadsheets to work the way you need. All the data you need is right in your spreadsheet. Check out this slick Funding Round calculator that Rows co-founder Torben built.
Meet the modern crypto venture capital
Our inaugural outing of this news roundup, looking back on the week of Jan. Welcome to the first edition of Nonfungible Tidbits, where we highlight some of the most interesting things that happened this week in cryptocurrency , NFTs and related realms. Certainly the biggest story this week was the price of bitcoin , which isn't, um, doing well. Meta, formerly known as Facebook, is reportedly ending its stablecoin project. And last Friday, Twitter debuted a feature that allows subscribers to its paid Twitter Blue service to use an NFT as a profile picture. Here are a few other stories that caught our eyes this week.
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By Mike Fleming Jr. After struggling to be accepted as venture capitalists in Silicon Valley after their battle with Zuckerberg, they discovered the seductive and dangerous world of Bitcoin in Ibiza. The book has been translated into 12 languages. Last summer my son, Caleb, was fortunate enough to intern at Winklevoss Capital and the twins shared an early copy of Bitcoin Billionaires with him. Caleb and I traded the book back and forth on a summer trip, devouring it in a couple of days. We are very grateful at Stampede that we were able to convince them to turn their story into a film and produce it with us. This is going to make an incredible film.
The newly raised funds will be used to enhance the product based on early feedback, and hire seniors across engineering, design and product functions. Flint also plans to allocate a significant portion of the funding to strengthen legal and risk functions, ensuring compliance with legal and regulatory norms, and going above and beyond market standards to reduce business risk. Founded in by Akshit Bordia and Anshu Agrawal who were previously product managers at CRED, Flint aims to offer an investment opportunity beyond buying and selling crypto, enabling users to earn passive income. The platform targets users in the age group of 25 to 40 who are looking to diversify a portion of their wealth into crypto, are financially stable but lack the time to invest in understanding the complexities and fundamentals of the crypto market.
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