JJ Cryptocurrency

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JJ Cryptocurrency

Coin Journal

Entain to invest $133 million in NFT and metaverse innovation lab

Entain owns Ladbrokes, Coral and bwin among other 25 subsidiaries in the sports betting and gambling space. The company’s new innovation hub Ennovate will partner with Verizon, BT and Theta Labs on projects in the metaverse. Entain plc., a leading sports betting and gaming company that owns major subsidiaries such as Ladbrokes, Coral and bwin, …

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Visa says its crypto-linked card payments hit $2.5 billion in Q1

Visa processed $2.5 billion in crypto payments in the three months ended 31 December 65 platforms and exchanges have teamed up with Visa, including Coinbase and BlockFi CEO Al Kelly said the payments giant “will continue to lean into the crypto space.” Visa customers used their crypto-linked card to make payments totaling $2.5 billion during …

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Crypto exchange Kraken completes acquisition of Staked

The deal marks the fifth of Kraken’s acquisitions this year, which have contributed to the 950% growth seen this year, according to the company Crypto exchange Kraken said on Tuesday that it had completed the acquisition of Staked, a US-based non-custodial staking platform. Though the company did not reveal further details on the financials around …

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Bakkt to facilitate crypto services for Manasquan Bank retail clients

Manasquan Bank will take part in Bakkt Holdings’ early adopter program expected in Q2 2022 Bakkt Holdings revealed via a press release on Tuesday that it has closed yet another partnership, this time with New Jersey’s Manasquan Bank. The community mutual bank would participate in Bakkt’s early adopter program slated for early Q2 next year. …

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Argo Blockchain CEO says Bitcoin mining extremely profitable in 2021

Argo’s CEO Peter Wall says that mining was extremely profitable in 2021 and will likely continue to be even when more miners switch on their machines to increase hashrate in 2022. He also notes that miners understand the need to reduce the carbon footprint by moving away from fossil fuels to renewables. Argo Blockchain CEO …

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BitMEX announces new BMEX token, airdrop to users already planned

BitMEX will airdrop the tokens to users through to February next year, with spot trading on the new BitMEX Spot Exchange expected early Q2  On Tuesday, BitMEX announced the minting of its native token BMEX, scheduled for rollout by February 1, 2022. Via airdrops, both new and existing users would receive the token into their …

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Ripple CEO Brad Garlinghouse: 2021 has been a watershed year for crypto

Brad Garlinghouse says 2021 was Ripple’s strongest year, with the adoption of its ODL offering despite the company facing a lawsuit from the SEC. Ripple CEO Brad Garlinghouse says 2021 provided a watershed moment for the crypto industry.  He believes developments over the past year have seen crypto broadly accepted, with billions of people getting …

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