Canadian wellness firm approves plan to add $1M of Bitcoin to treasury
Jiva Technologies CEO Lorne Rapkin said the move to add Bitcoin to the treasury is “a unique opportunity to strengthen our treasury with a resilient and innovative investment.”
Related Posts
The Metaverse needs to keep an eye on privacy to avoid Meta’s mistakes
Metaverse skeptics fear the prospect of unprotected data and large-scale user surveillance on a scale never seen before. Ironically, the largest company pushing the Metaverse, Meta (previously known as Facebook), has faced its own fair share of privacy scandals in the internet’s current iteration, culminating in Mark Zuckerberg being infamously hauled before the United States…
Hong Kong watchdog aims to restrict retail traders to liquid products
When asked about Bitcoin or Ether, SFC executive Julia Leung Fung-yee did not respond but reiterated that “highly liquid” products will be allowed. 387 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe new licensing program, scheduled to take off in June, will restrict retail traders in Hong Kong…
Luna Foundation Guard raises $1B to form UST reserve denominated in Bitcoin
Terra said it chose to denominate the Forex Reserve in Bitcoin because it considered the crypto asset "less correlated to the Terra ecosystem." 145 Total views 33 Total shares The nonprofit organization focused on the open-source stablecoin network behind Terra USD, Luna Foundation Guard, has closed on a $1 billion raise through the sale of…
Apple’s Steve Wozniak Plans to Get ‘Involved’ in Blockchain Project for First Time
Apple co-founder Steve Wozniak has announced that he plans to get “involved” in a blockchain project in what is a “first” for him. The statement was made at the ChainXchange blockchain conference and reported by NullTX news site August 19. At the ChainXchange conference, held in Las Vegas, U.S. August 13-15, Steve Wozniak revealed in…
Major Victim of Cryptopia Hack Prepares to Sue Liquidator Grant Thornton
On July 21, legal representation for GNY, a firm focused on artificial intelligence and the issuer of LML, filed a final notice of liquidators’ failure to comply with duties. The liquidator in question is accounting firm Grant Thornton, which GNY accuses of botching their handling of hacked and defunct crypto exchange Cryptopia.Such a notice is…
Waves’ pivot toward DeFi, staking and interoperability triggers 107% rally
The first half of 2020 was pretty tumultous for Waves (WAVES), as the altcoin underperformed Ether (ETH) price by 36%. Waves (WAVES) in ETH terms. Source: Digital Assets DataWhile it was once a top-20 cryptocurrency for a brief period back in Dec. 2018, the proof-of-stake project created by the Russian physicist Alexander Ivanov in 2016 seemed…
Crypto Biz: Hyperinflation and Bitcoin wagers, AI replacing first jobs and more
United States inflation and how it might affect the price of Bitcoin (BTC) are two of the top concerns on investors’ minds around the world. To illustrate, one prominent crypto personality bet big bucks on the future of the U.S. economy: the former Coinbase executive recently paid out $1.5 million to settle a Twitter wager…
GM Files Blockchain Patent to Manage Data from Autonomous Cars
American car manufacturing giant General Motors (GM) has filed a blockchain patent for a solution to manage data from autonomous vehicles. The patent application was published by the U.S. Patent and Trademark Office (USPTO) Nov. 29.GM’s application, first filed May 25, 2017, outlines a system for using blockchain to provide “secure” and “robust” data distribution…