The first partnership for Quorum since leaving JPMorgan is a big one.
The Nasdaq-listed mining company wants to become a “pure-play bitcoin investment option” for Wall Street.
Nasdaq-listed Marathon Patent Group has purchased $150 million worth of bitcoin as part of the company’s treasury reserves, CEO Merrick Okamoto told The Block.
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Ethereum studio ConsenSys has announced that it is integrating its Quorum network into the Chinese Blockchain-based Service Network.
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The collapsed financial firm had previously supplied cards to several cryptocurrency companies.
Quick Take
- Kenetic Capital is a Hong Kong-based blockchain-focused investment firm and proprietary trading shop founded in 2016
- Over the last year and more recently, Kenetic has primarily focused on providing investment to Asia, enterprise/institutional, and equity-related deals
- The Block has mapped out 104 startups and protocols across 15 verticals, which are part of Kenetic Capital’s active portfolio
Quick Take
- Ethereum is governed via a process where developers, miners, and community members try to reach a consensus on new upgrades
- Ethereum’s next hard fork “Berlin” will introduce new transaction formats, as well as optimizations to the gas costs of certain functions
- The most anticipated upgrade in a while, EIP-1559 which will significantly change Ethereum’s economic model, will likely be introduced during Q3 of 2021
Launching soon, CoinMENA said it will offer spot trading in five major cryptocurrencies.
Strong hands backed ether’s rally to record highs, on-chain data suggests.
Russian government officials must dispose of any digital asset holdings before April 1, a letter from the Ministry of Labor states.