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Search resuls for: "Bitcoin Conference"


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☆ Africa Bitcoin Conference delves into real-world use cases for crypto
  + stars: | 2022-12-05 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAfrica Bitcoin Conference delves into real-world use cases for cryptoCNBC's MacKenzie Sigalos reports from Accra, Ghana on how bitcoin and other crypto tech is being used to supplant legacy financial systems across the continent.
☆ Tumbling bitcoin overshadows El Salvador's crypto conference
  + stars: | 2022-11-17 | by ( Nelson Renteria | ) www.reuters.com   time to read: +2 min
[1/2] A worker talks on a stand during the launch of Adopting Bitcoin – A Lightning Summit in El Salvador, in San Salvador, El Salvador November 15, 2022. Crypto exchange "Bitfinex will redouble its efforts to build a free, unstoppable, resilient and open bitcoin and technology infrastructure for El Salvador," said Paolo Ardoino, the firm's chief technology officer. Ifinex, Bitfinex's parent, has agreed to collaborate with El Salvador's government to create a digital asset and securities regulatory framework. "El Salvador will become the financial and tech center of Central America. The noise won't distract the builders," Ardoino added after meeting with El Salvador President Nayib Bukele.
☆ Crypto.com customers worry it could follow FTX as CEO tries to reassure them everything's fine
  + stars: | 2022-11-15 | by ( Ari Levy Mackenzie Sigalos | Ari Levy | Mackenzie Sigalos | ) www.cnbc.com   time to read: +8 min
related investing news Cathie Wood's ARK Invest keeps buying more crypto assets despite FTX bankruptcy Crypto.com is smaller than FTX but still ranks among the top 15 global exchanges, according to CoinGecko. Kris Marszalek, CEO of Crypto.com, speaking at a 2018 Bloomberg event in Hong Kong, China. Marszalek has spent the early part of the week trying to reassure users and regulators that the business is fine. FTX CEO Sam Bankman-Fried said his company's assets were "fine" two days before he was desperate for a rescue because of a liquidity crunch. Marszalek said on Monday that this was just a reflection of the assets Crypto.com customers were buying.
☆ Dorsey's Block posts a jump in revenue, boosting shares
  + stars: | 2022-11-03 | by ( Hannah Lang | ) www.reuters.com   time to read: +2 min
[1/2] The logo of Cash App is seen at a stand during the Bitcoin Conference 2022 in Miami Beach, Florida, U.S. April 6, 2022. Shares of Block, formerly called Square, rose more than 14% in extended trading on Thursday. The San Francisco, California-based company reported a 17% rise in total net revenue from the year prior at $4.52 billion in the third quarter. Its unit that sells terminals and software for businesses to process payments, Square, generated gross profit of $783 million, up 29%. In August, the company announced it had slowed hiring and slashed its 2022 investment target by $250 million, citing ongoing economic uncertainty.
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