Financial firm SoFi announced they had signed an agreement to purchase Galileo Financial Technologies for $1.2 billion. California-based and crypto-friendly financial firm Social Finance — SoFi — is acquiring the digital payment platform Galileo. In an April 7 press release, SoFi announced that it has signed an agreement to pay $1.2 billion for Galileo Financial […]
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Developer 1st Playable has denied rumors its Cookstar game was used to hijack Nintendo’s Switch console to mine Bitcoin. Developer 1st Playable has denied rumors one of their games was used to hijack Nintendo’s Switch console to mine Bitcoin and other cryptocurrencies. While the recent Nintendo release, Cooking Mama: Cookstar, is connected to blockchain technology […]
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The Bitcoin SV powered social platform Twetch has introduced command-line style payments. Bitcoin SV powered social media platform Twetch has launched a feature to streamline peer-to-peer (P2P) payments. Twetch is a Twitter-like social media platform where users must make micropayments in order to post and engage with content on the platform. Content creators are directly […]
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Former UFC fighter Ben Askren has changed the name on his Twitter account to promote the upcoming Bitcoin halving. As Bitcoin (BTC) prepares to undergo a block reward halving next month, at least one prominent figure in the sports world is doing his part to promote the event. Ben Askren, former Ultimate Fighting Championship (UFC) […]
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Venture capital investor Tim Draper believes the COVID-19 outbreak and financial crisis could be the tipping point for Bitcoin adoption. The global spread of the coronavirus played a major role in the dramatic 2020 stock market crash. The bailout bill for saving the world’s economy is $7 trillion and rising fast. Bitcoin bull Tim Draper […]
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We drank beers and talked crypto from the comfort of our homes, and the cameras were running. In the latest episode of Beer & Bitcoin, Cointelegraph’s YouTube hosts Jackson and Giovanni were joined by Cointelegraph editor-in-chief Jay Cassano and managing editor Kristina Lucrezia Cornèr. They are in quarantine in New York City and Padova, Italy, […]
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The organizers of an online poker game aim to raise thousands of dollars to support charities fighting the coronavirus. The crypto community is rallying around the charge to fight COVID-19, with a variety of initiatives raising money to fight the pandemic and support charities on the front lines of the battle. The most recent: an […]
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A deadline was set at May 4 to define who will represent Canaan stakeholders’ interests in class-action lawsuit against the mining firm. Law firm Robbins Geller Rudman & Dowd LLP announced on April 7 that the lead plaintiff motion deadline in the Canaan securities IPO class action lawsuit was set for May 4, 2020. The […]
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Who knew 140 characters would go this far? Twitter CEO and Square founder Jack Dorsey has started a new fund called Start Small LLC, aimed at fighting COVID-19. He’s seeding the fund with $1 billion, roughly 28% of his wealth. He shared the news via Twitter: Source: Twitter The fund’s efforts will initially focus fighting […]
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JPMorgan chairman and CEO Jamie Dimon predicts a major recession on par with the Great Recession of 2008. JPMorgan Chairman and CEO Jamie Dimon praised the U.S. government for quick action in the wake of COVID-19, yet he criticized it for not having a “pandemic playbook.” Dimon is mostly known among the crypto community for […]
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