SK Square, an investment company spun off from South Korean telecoms provider SK Telecom, has acquired a 35% stake in crypto exchange Korbit worth 90 billion won ($75 million).According to a report by Korea JoongAng Daily, SK Square became Korbit’s second-largest shareholder behind NXC, the owner of video game company Nexon.SK Square and Korbit will explore opportunities for … [Read more...] about SK Telecom Spinoff Acquires $75M Stake in Crypto Exchange Korbit: Report
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Premier League Considering Partnership With NFT Crypto Platform: Report
Minutes of the most recent meeting between the Premier League and fan representatives reveal the league is considering getting involved in NFTs, with sources saying the League’s approach will be “slow and cautious,” and different from the fan engagement model provided by a platform such as Socios, The Times reported Monday. Source link … [Read more...] about Premier League Considering Partnership With NFT Crypto Platform: Report
Report: Bitcoin (BTC) investment products declined in November
In its latest Digital Asset Management Review, CryptoCompare has reported that in November, alternative crypto-asset investment products, such as Ethereum, Litecoin and Solana have outshined those of Bitcoin ETPs, as they raked in better gains than the flagship digital asset.Bitcoin-based products perform poorly in NovemberThe report observes that the AUM of Grayscale’s … [Read more...] about Report: Bitcoin (BTC) investment products declined in November
Jack Dorsey Expected to Step Down as Twitter CEO: Report
Jack Dorsey, the crypto-friendly CEO of Twitter, is expected to step down from his position as head of the social media giant, according to CNBC.CNBC reported Monday that Dorsey is expected to step down as CEO of Twitter, according to sources.Dorsey is a well known crypto fan, having made several forays into the field both through Twitter and through payments company Square, of … [Read more...] about Jack Dorsey Expected to Step Down as Twitter CEO: Report
Tanzania Plans to Launch CBDC After eNaira Launch: Report
Tanzania is preparing to launch a digital form of its local currency, the Tanzanian shilling, the governor of the Bank of Tanzania said, according to a Bloomberg report.The country will follow in Nigeria’s footsteps and launch its own digital currency, Florens Luoga, announced last Thursday.Nigeria launched its eNaira in October this year, making it the first African country to … [Read more...] about Tanzania Plans to Launch CBDC After eNaira Launch: Report