The Chinese app creator Meitu purchased 380 BTC and 15,000 ETH amounting to $40 million all together so let’s read more in our latest BTC news today. The Chinese app creator said that it made the ETH purchase and seeks to integrate the blockchain technology into its apps with Meitu being headquartered in China’s Fujian […]

Argo Blockchain has completed the acquisition of 320 acres of land in Texas, where it plans to launch Bitcoin mining operations.

Pico Interactive, the Beijing-based VR headset creator, announced it has secured a fresh funding round of ¥242 million RMB (~$37 million),...

Hong Kong-listed Chinese firm Meitu has revealed it invested $22.1 million in ether, the second-largest cryptocurrency by market capitalization, and $17.9 million in bitcoin on March 5. According to the company’s announcement, it bought a total of 15,000 ETH and 379.1 BTC via open market transactions. The move sees Meitu join other publicly traded companies […]

It is not a secret that Elon Musk, the world’s richest man and business tycoon behind many successful businesses like Tesla and SpaceX, set an upward trend in bitcoin value by tweeting about Bitcoins and investing $1.5 billion earlier this year. And since then, its value has witnessed a sudden surge encouraging many corporates to …

Norwegian oil and energy gains Aker ASA has official announced that it is floating a new firm Seetee AS  to dedicatedly focus on investing in the Bitcoin ecosystem and the overall blockchain market. As per the announcement, Seetee AS will start with an initial capital of 500 million kroner  i.e. $58 million. Aker said that

The post Breaking: Norwegian Giant Aker ASA Floats New Firm to Invest in Bitcoin; Buys 1,170 Bitcoin Worth $58 Million appeared first on Coingape.

The institutional bitcoin frenzy is catching on worldwide as companies continue to warm up to cryptocurrencies. After several United States mega corporations added the digital currency to their balance sheet, the floodgates have been opened to major institutions worldwide. Norwegian holding company Aker ASA said today that it would establish a new unit dedicated to […]

Read full post Norwegian holding company Aker ASA jumps on the bitcoin bandwagon. on Chaintimes.com.

Mantra DAO (OM), a Defi protocol that offers mortgages, loans, and cross-chain Defi products was listed on the Binance Innovation Zone today. The protocol is built on top of the Ethereum network but offers cross-chain functionality on Binance Smart Chain as well. However, the listing of the defi protocol drew heavy criticism from the Chinese

The post Binance’s Mantra DAO (OM) Listing Invites Heavy Criticism Over Founder’s Alleged Fraudulent Past appeared first on Coingape.

Meitu, a Chinese company that makes a photo editing app, has purchased bitcoin and Ether worth $40 million, becoming the latest firm to buy cryptocurrencies. The Chinese firm has followed the likes of Tesla and Square in purchasing the leading cryptocurrency bitcoin, as reported by CNBC. On Sunday, the Hong Kong-listed company announced that it […]

Chinese firms now seem to be following American corporates so that they don’t miss out on the Bitcoin (BTC) train. In the latest development, China’s video and image processing software firm Meitu has announced its latest investment in Bitcoin (BTC) and Ethereum (ETH). As per the Bloomberg report, on Sunday, March 7, Meitu announced $40

The post Asian Firms Already Holding Bitcoin Says Binance Founder After China’s Meitu Announces $40 Million Investment appeared first on Coingape.

China's tech industry has been hit hard by US trade battles and the economic uncertainties of the pandemic, but it's eager to bounce...

It purchased another $17 million in Bitcoin and became the first public company to put Ethereum on its treasury books.

The post This Chinese public company just bought $22 million in Ethereum (ETH) appeared first on CryptoSlate.