Ex Bitmain chief raise funds for new crypto unicorn
Jihan Wu’s Bitmain exit strategy included the creation of Matrixport, which today has a market capitalization of more than $1 billion after only two years in the business world. With the launch of Bitmain Technologies in 2013 and the subsequent public offering, Jihan Wu established himself as a household brand within the cryptocurrency industry. His […]
Square to integrate Afterpay into its Seller and Cash App business units
Square intends to acquire Australian fintech company Afterpay for $29 billion in stock, with the transaction expected to completion in Q1 2022. Due to its acquisition of a big Australian loan company, Jack Dorsey’s cryptocurrency-friendly digital payments firm Square is increasing its battle with global payment giants such as PayPal and Visa. According to Square’s […]
Saudi Aramco denies reports about Bitcoin mining
According to Brazilian Bitcoin miner Ray Nasser on YouTube, he stated Saudi Aramco would begin mining Bitcoin, however, the company has come out to say this news is false. After an interview with Brazilian Bitcoin miner, Ray Nasser was broadcast on YouTube , media rumours circulated that Aramco will begin mining the digital currency. “We’re […]
Crypto adoption rises in Nigeria despite the government crackdown
Despite the government crackdown, cryptocurrency adoption in Nigeria continues to grow, with peer-to-peer (P2P) trade volume for Bitcoin posting its second-highest week on record last month. Nigeria continues to rank first in terms of search interest for the keyword “Bitcoin” according to Google Trends as of this writing. According to Useful Tulips, P2P Bitcoin trading […]
PayPal reportedly begins mass hiring of crypto inclined individuals in Ireland
Global payments company Paypal is looking to hire new hands in Ireland as its involvement in the crypto business expands. This will enable PayPal to expand its crypto-focused business. PayPal, the global payments company, is hiring for many cryptocurrency-related posts at its Ireland headquarters, highlighting the business’s ambitions in the fast-rising digital asset sector. PayPal […]