BlockFi Takes 5% Stake in Grayscale’s $4.8B Bitcoin Trust
The crypto lender is only the second firm to disclose such a large GBTC stake, after Three Arrows Capital. Source
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Prospective Node Operators Stake $125M in ETH to Participate in NuCypher Encryption Network
Encryption startup NuCypher has finished distributing its network’s native token, NU, to over 2,000 prospective node operators who staked more than $125 million worth of ether (ETH) during the month of September. NuCypher’s system will hit Ethereum’s mainnet on Oct. 15.Primarily marketed as a solution for developers building decentralized applications
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Bitcoin’s September To Remember Comes To A Close: Here’s What Is At Stake
Today is September 30, and while for most all it does is mark the last day of the
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Hong Kong’s Richest Man Li Ka-shing Staying Afloat with Stake in Zoom
Li’s 8.5% stake in Zoom (ZM) added $3.2 billion to the billionaire’s wealth yesterday following Zoom’s cataclysmic growth amid the pandemic.The early investment in Zoom Video Communications Inc (NASDAQ: ZM) by Hong Kong’s richest man, Li Ka-shing has managed to keep the billionaire businessman afloat amid business downturns caused by
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Buffett’s Berkshire Hathaway Buys 5% Stake in Japanese Companies
Berkshire Hathaway chairman and CEO Warren Buffett announced that his company has purchased a 5% stake in five Japanese trading companies: Itochu, Marubeni, Mitsubishi, Mitsui & Co, and Sumitomo.As the investors, countries and global economy prepare for post-COVID-19 era, Berkshire Hathaway Inc (NYSE: BRK.A), led by Warren Buffett has been
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Daimler’s Now-Sold Tesla Stake Is Approaching Its Entire Market Cap
As Tesla’s stock price soared, the EV maker has become more valuable than major traditional carmakers. Daimler was an early investor in Tesla but sold its nearly 10% stake six years ago. Toyota is another early Tesla backer that has seen its market cap dwarfed by the Elon Musk-led firm. Tesla (NASDAQ:TSLA) becoming
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F1 Delta Time Players Can Now Stake Their NFTs
Blockchain gaming company Animoca Brands has launched staking for the non-fungible token collectibles (NFTs) featured in its F1 Delta Time title.Stakers will be able to earn a weekly dividend on their NFTs in the form of REVV tokens. REVV also comprises a utility token that can be used to pay
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Fidelity Acquires 10% Stake in Bitcoin Mining Firm Hut 8
The giant fund manager Fidelity International holds roughly 10.6% stake in the bitcoin mining company Hut 8. For six years now, Fidelity, the firm that currently manages $300 billion on behalf of its customers, has been mining the cryptocurrency bitcoin.In May 2017, news.Cryptox.trade reported on Fidelity integrating with Coinbase,
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Fidelity International Doubles Stake in Bitcoin Mining Firm Hut 8
Billion-dollar fund manager Fidelity International has doubled its equity investment in bitcoin mining company Hut 8, bringing its total stake to over 10%. DisclosureThe leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX
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Sony Acquires $250 Million Stake in Creator of Fortnite Epic Games
Sony has taken a decision to invest $250 million into Epic Games, in a strategic move to continue the working relationship between the two major gaming giants.Japanese multinational conglomerate corporation Sony Corp (TYO: 6758) has acquired a portion of popular gaming company Epic Games. Sony has invested $250 million, to
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