Dell results show no signs of Bitcoin despite CEO’s bullish comments
Many had expected to see Dell add itself within a list of companies with Bitcoin on their balance sheet as it filed its Q2 earnings report.
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Retail Giant Overstock Reports Losses, Says Blockchain Business Strong
Retail giant Overstock has released its Q2 2019 financial results, revealing a 23% decrease in revenue and a 19% loss in gross profit.In a shareholder announcement published on Aug. 8, Overstock stated that its blockchain subsidiary firm, tZERO, is progressing as planned, with a focus on six key areas — notably security tokens.No pain no…

Ripple, Coinbase Invest in Mexico’s Biggest Crypto Exchange Bitso
Ripple, the firm behind the third biggest cryptocurrency XRP, has led an investment round in Bitso, one of the biggest crypto exchanges in the Spanish-speaking world.The first Mexican crypto exchangeAn early partner of Bitso, Ripple has led the new investment round to support the first cryptocurrency exchange in Mexico, the company officially announced on Oct.…

Hollywood studios reject banning AI from writer’s rooms
The Writers Guild of America sent out a list of demands to Hollywood studios, including regulating AI usage in guild-affiliated projects. 61 Total views 1 Total shares Own this piece of history Collect this article as an NFTArtificial intelligence (AI) brings yet another industry into a hot debate over its usage as Hollywood and the…

Latin Grammy Awards signs three-year contract for award show NFTs
The Latin Grammy Awards is stepping into Web3 through its first NFT collection in collaboration with OneOf Web3 music platform. 308 Total views 6 Total shares This year’s 64th Latin Grammy Awards will have its first-ever nonfungible token (NFT) collection after the Latin Recording Academy signed a three-year contract for award show-related NFTs.The aforementioned partnership…

Crypto-friendly trading firm eToro rumored to be prepping for 2021 IPO
eToro has ambitions to join Coinbase as a public company as the social trading platform looks to a 2021 IPO. 1854 Total views 14 Total shares Trading platform eToro reportedly could go public in 2021. Sources told Cointelegraph that eToro has been working with the London Stock Exchange's "Elite" program to prepare for an initial public…

Stablecoin USDT Launched on Tron Blockchain
Tether has started issuing its stablecoin USDT on the Tron (TRX) blockchain. The development was announced in a blog post published on April 17.The development is an upgrade from the OMNI protocol-based USDT — which is pegged to the United States dollar on a 1:1 basis — that now enables users to hold and transfer…

Bitcoin is now worth more than a 20 ounce gold bar
As Bitcoin price topped $40,000 it became more valuable than a 20oz block of gold. 834 Total views 9 Total shares Bitcoin’s meteoric price rise is showing no signs of slowing down and its latest all-time high has priced the asset higher than a 20 ounce gold bar.Over the past six hours, Bitcoin prices topped…

‘The NEM Foundation You Knew Before Is Gone,’ What Is Next
As part of the closing statements in an open announcement to the NEM community, the NEM Secretarial Office, which represents the voice of the NEM Foundation’s executive committee and council, said in “one final message for all” that the NEM Foundation community members knew before “is gone.”The announcement was made in an effort to stay…