Match Group, the parent company of globally-popular dating application Tinder, has made the corporate decision to temporarily withdraw capital investment and innovative focus from the metaverse and digital token sectors. In a publicly issued Q2 letter to shareholders, Match Group’s newly-appointed CEO Bernard Kim acknowledged that a “metaverse dating experience” has the potential to “capture the next generation of users”,…
According to a new blog post published on Thursday, cryptocurrency exchange Coinbase said it is partnering with BlackRock, the world’s largest financial asset manager, to provide its clients with direct access to crypto, starting with Bitcoin (BTC). Users of BlackRock’s institutional investment management platform Aladdin will receive crypto trading, custody, prime brokerage and reporting capabilities should they also elect to…
Crypto exchange Coinbase has partnered with BlackRock, the world’s largest asset manager, to offer institutional users of its Aladdin platform access to crypto through Coinbase Prime. Connecting the two systems will give BlackRock’s institutional clients—who cumulatively manage $20 trillion—access to Coinbase’s trading, custody, prime brokerage and reporting services. Initially, that will include access to Bitcoin. It’s a huge development for…
BlackRock will begin offering bitcoin trading and custody services.The asset manager is partnering with Coinbase to facilitate trading desk and custodial operations for its institutional clients.Coinbase Prime will act as the custodian and it does not seem to have external wallet transfer functionality. BlackRock, the world’s largest asset manager with over $10 trillion in assets under management (AUM), is launching…
Cointelegraph, the premier blockchain- and crypto-focused media outlet, is expanding its presence into the Middle East and North Africa (MENA) region with the help of a new franchise owner, Luna Media Corporation. Based in Dubai, Luna Media Corporation is a media holding group that aims to promote the Web3 industry through a variety of unrelated ventures and investments. The new…
This article originally appeared in Bitcoin Magazine’s “Censorship Resistant Issue.” To get a copy, visit our store. The internet loves to trade. Doesn’t matter what. Doesn’t matter why. Doesn’t matter how. Over the last decade, exchange has become a medium through which community is created online. Depop, WallStreetBets, Buying/Selling groups, NFT discords; these are novel online spaces where the line…
Following the Solana wallet attack, the Solana Status team updated the public and detailed that the wallet addresses affected by the breach were tied to Slope mobile wallet applications. The team further stressed that “there is no evidence the Solana protocol or its cryptography was compromised.” Solana Status Report Says Affected Addresses Were at One Point Created in Slope Mobile…
After a successful third testnet merge, Sept. 19 was recently proposed as the tentative target date for the Ethereum Merge. Ethereum is set to fully transition from proof-of-work (PoW), the original consensus mechanism used by the Bitcoin network, to the more energy-efficient proof-of-stake (PoS) used by younger networks like Solana and Cardano. “The Merge won’t solve Ethereum’s scaling concerns on…
Coinbase has asked the U.S. Supreme Court to halt two lawsuits launched by account holders after the firm appealed the cases in Federal court, according to a Bloomberg report. America’s largest crypto exchange is facing two separate suits, with one customer seeking to be compensated for $31,000 in losses after he gave a scammer remote access to his account. Per…
ZEBEDEE is launching a seamless integration allowing any participating business or app to transfer money across platforms.The “Log in with ZBD” feature also allows applications to pay its users instantly.The new integration leverages Bitcoin’s Lightning Network enabling instant payments. ZEBEDEE, a fintech company focused on bitcoin gaming, now allows any app or game to transfer money to and from its…
