Day: December 2, 2020

Crypto.com Lands Australian Financial Service License (AFSL)

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The Crypto.com company currently serves up to 5 million customers providing them with a powerful alternative to traditional financial services. Payment service provider Crypto.com has secured the Australian Financial Service License (AFSL), further advancing the platform’s reach to expand its services to the Australian populace. According to a press release shared with Coinspeaker, Crypto.com secured the Australian Financial Service License following the acquisition of The Card Group Pty Ltd, a New South Wales payment firm that is licensed by the Australian Foreign Investment Review Board. Finding favor with regulators around…

Pfizer and BioNTech COVID-19 Vaccine Approved for Use by UK

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The Pfizer and BioNTech COVID-19 vaccine is now clinically safe and would be made available for use by next week with priority given to the most vulnerable group. The UK on Wednesday took a very bold step to authorize the Pfizer Inc (NYSE: PFE) and BioNTech SE (NASDAQ: BNTX) COVID-19 vaccine for emergency use through the Medicines and Healthcare Product Regulatory Authority (MHRA). This has made them the first country in the West to approve the immunization against the global pandemic. The spokesman for the Department of Health and Social…

BB Stock Up 20%, BlackBerry Partners with AWS to Integrate Sensor Data in Vehicles

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At the beginning of the year, BlackBerry announced that it has joined forces with AWS to demonstrate a connected vehicle software platform for in-vehicle applications. Shares of Canadian enterprise software company BlackBerry Ltd (NYSE: BB) were up over 20% during Wednesday’s pre-market to trade around $9.50. At the time of writing, in the pre-market, BlackBerry stock is trading at $7.76 (+10%). Moreover, BB shares closed yesterday at $7, approximately 20% up. The spike is largely attributed to news that the company is set to partner with Amazon Web Services (AWS)…

SITION Stake Pool “SIPO” on the Cardano Blockchain：カルダノステークプール

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io SITION STAKE POOL for the future. ミライのためのカルダノステークプール SITION provides a staking service for managing Crypto assets using Cardano’s autonomous decentralized ledger system. SITIONはカルダノの自律分散型台帳システムによる暗号融資産運用のためのステーキングサービスをご提供します。 Ticker：SIPO、SIPO2 [New] Variable fee：2% fixed Fee(ADA)：340 ₳ Ability to pledge：50.0 K 公式サイト 公式Twitter ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Bitcoin Tuesday to Raise $1M Today and Give to Charities

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As the holiday season approaches, charities are getting ready to receive donations of various cryptocurrencies. One such worldwide crypto-focused charity event started on December 1. Started from December 1, the crypto-based charity event, dubbed Bitcoin Tuesday, looks to raise donations amounting to at least $1 million beginning today and through the month of December. The Giving Block, a crypto donations platform, spearhead the donation drive again this year, only that the fundraising target this month places it as one of the largest crypto-based charity events ever. To make the charity…

Xiaomi Suspends Trading on HKEX after Record Stock Placement

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Xiaomi has seen significant growth this year owing in part to the woes of its major competitor Huawei that is caught in between the polarized US-China trade wars. Chinese mobile smartphone maker Xiaomi Corp (HKG: 1810) has suspended its trading on the Hong Kong Stock Exchange (HKEX) following its latest stock placement that ranks as one the biggest the city has ever recorded. Per a report from Business Times, Xiaomi revealed in a Hong Kong exchange filing that trading would be halted Wednesday, without stating any reasons. Per the reports,…

Ripple’s XRP sees explosive 1,151% trading volume spike in November

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Month-over-month, XRP saw a 1,151% surge in trading activity in November on the eToro investment trading platform, according to the company’s latest report. This comes as XRP price rallied to $0.92 on Coinbase at its monthly peak and closing the month with a 283% gain at around $0.61. Top 10 traded cryptoassets Source: eToro  Spike in retail interest, trading activity Bitcoin (BTC) was nearing $19,000 for the first time since December 2017 when large market cap altcoins like XRP started to surge in November. XRP/USD daily chart (Coinbase). Source: TradingView.com The…

DoorDash Hopes to Secure $2.8B in IPO to Raise Company’s Valuation to $32B

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As DoorDash gears towards its IPO, the food delivery app is set to join its competitors that are already publicly traded. The US leading food delivery app DoorDash is hoping to be valued at $32 billion after securing about $2.8 billion in an upcoming initial public offering (IPO). The company plans to list its shares on the New York Stock Exchange (NYSE) with the ticker “DASH.”  DoorDash Seeks $32 Billion Valuation in IPO According to a filing on the 30th of November, DoorDash plans to offer a total of 33 million shares.…

SushiSwap Hits Multi-Week High on High Profile Synergies; What’s Next?

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SushiSwap’s governance token SUSHI continued its rally upward on Wednesday as its price per unit breached the $2-resistance level. The SUSHI/USD exchange rate rose 13.15 percent ahead of the New York opening bell, trading at $2.18. The latest gains came as a part of a broader upside move that brought SUSHI’s week-to-date returns up by 61 percent and its quarter profits up by 74 percent. Partnerships Meanwhile, the reason traders boarded the SUSHI uptrend this week is a flurry of SushiSwap’s partnerships with high-profile decentralized finance projects. A decentralized exchange…

Airbnb Sets to Raise $2.5B via IPO Later This Month

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Airbnb bookings have dropped significantly during the coronavirus pandemic, with over 41% while the company is planning its IPO. American vacation rental online marketplace platform Airbnb is set to raise up to $2.5 billion through an initial public offering later this month. The Airbnb company has set the price range per share between $44 and $50 according to its IPO prospectus. Hereby raising its market valuation to $35 billion on a fully diluted basis. The company’s core business has significantly been affected by the ongoing coronavirus crisis as more people…