On January 25th, 2022, Five Star Bank, a subsidiary of Financial Institutions, Inc, announced a partnership with NYDIG. Five Star Bank is a $5 billion community bank with 560 employees and operates a network of more than 45 locations in the US.
This partnership will enable the Bank's
Valkyrie submitted their Bitcoin Miner ETF application to the SEC on January 26th, 2022. The investment firm plans to have the ETF trade on the NASDAQ Stock Exchange with the ticker “WGMI”.
WGMI would allow investors to gain exposure to publicly traded Bitcoin miners for an annual management fee of
Cathie Wood’s ARK Invest, a firm focused on disruptive innovation, released their “Big Ideas 2022” report last week. The firm expressed their belief that there are five “innovation platforms” that will generate significant equity market returns over the long term: artificial intelligence, robotics, battery technology, gene sequencing, and blockchain.
Cathie Wood’s ARK Invest, a firm focused on disruptive innovation, released their “Big Ideas 2022” report last week. The firm expressed their belief that there are five “innovation platforms” that will generate significant equity market returns over the long term: artificial intelligence, robotics, battery technology, gene sequencing, and blockchain.
On January 25th, 2022, Five Star Bank, a subsidiary of Financial Institutions, Inc, announced a partnership with NYDIG. Five Star Bank is a $5 billion community bank with 560 employees and operates a network of more than 45 locations in the US.
This partnership will enable the Bank's
Valkyrie submitted their Bitcoin Miner ETF application to the SEC on January 26th, 2022. The investment firm plans to have the ETF trade on the NASDAQ Stock Exchange with the ticker “WGMI”.
WGMI would allow investors to gain exposure to publicly traded Bitcoin miners for an annual management fee of
Flushing Financial Corporation, the parent company of Flushing Bank, announced on January 25th, 2022 that their customers will soon be able to buy, sell, and hold bitcoin. The company will be partnering with NYDIG who will provide the necessary infrastructure for the bank to offer these services.
Flushing was founded
According to participants, partnerships between NYDIG and 300 US banks have been finalized, with regulatory and security concerns that lingered now resolved.
Local banks believe that offering Bitcoin trading will keep them afloat as customers have expressed demand for it. Harold Reynolds, CEO of the $1.3 billion-asset BankSouth in
Core Scientific, Inc has finalized a merger with Power & Digital Infrastructure Acquisition Corp (XPDI), with the resulting company trading under the CORZ ticker on the NASDAQ. The merger brings one of the largest bitcoin mining operations to the publicly traded market.
Core Scientific reported an estimated 67,000 ASIC
On January 20th, 2022, the Beta program went live for the first 1,000 users who signed up. Robinhood released a statement on their blog announcing the full implementation for a crypto wallet. After the testing phase, the company plans to roll out the feature to 10,000 more users
Crypto.com is a Singapore based cryptocurrency exchange with a reported ten million users and 3,000 employees. The exchange confirmed on January 17th, 2022 that unauthorized withdrawals were initiated. The lost funds include 443.93 BTC, 4,836.26 ETH, and $66,200 in other currencies. The total funds
