Vancouver, Kelowna, Delta, BC – January 27, 2022 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.
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Crypto Corner Podcast 762: Stocks discussed: (NasdaqGS: FB) (NYSE: SI) (NasdaqCM: MARA) (CSE: LQID)
Stocks discussed: (NasdaqGS:FB) (NYSE:SI) (NasdaqCM:MARA) (CSE:LQID)
Bloomberg reports that Meta Platforms, Inc. (NasdaqGS:FB) is considering selling assets related to the Diem Association, the firm’s cryptocurrency initiative formerly known as “Libra”. Citing people “familiar with the matter,” the piece says that “Diem is in discussions with investment bankers about how best to sell its intellectual property and find a new home for the engineers who developed the technology, cashing out whatever value remains in its once-ambitious Diem coin venture.” The decision seems to be the result of a culmination of scrutiny from financial regulators toward the project. Meta planned to release its Diem USD stablecoin through Silvergate Capital Corporation (NYSE:SI), but the latter was seemingly foiled by “resistance from the U.S. Federal Reserve.”
Marathon Digital Holdings, Inc. (NasdaqCM:MARA) has announced the appointment of crypto and DeFi expert Ashu Swami as its Chief Technology Officer. Commenting on the appointment, Marathon CEO and Chairman Fred Thiel said:
“Although Marathon is already established as one of the leading bitcoin [BTC] miners in the world, we believe it is critical to add technical leaders to our team who can help propel Marathon to the next level through consistent innovation. Over the course of his career, Ashu has developed diverse expertise that are uniquely pertinent to Marathon’s current and future growth plans, and we believe that his proven track record of helping organizations stay on the cutting edge of bitcoin mining technology will prove valuable to our organization. On behalf of our entire team, I would like to officially welcome him to Marathon.”
Oasis Digital Studios Limited, a subsidiary of blockchain and fintech solutions firm Liquid Avatar Technologies Inc. (CSE:LQID), has announced that its subsidiary, Aftermath Islands Metaverse Limited, has partnered with Blockscale Studio to launch the Aftermath Islands Utility Token for use in its metaverse. The token is intended for use in a Play to Earn (P2E) game, allowing “players and participants to purchase items, transportation, crafting and building materials, attend events, for food, fashion, and other resources.” David Lucatch, Managing Director Aftermath Islands Metaverse Limited, Oasis Digital Studios Limited and CEO of Liquid Avatar Technologies Inc., said:
“Aftermath Islands is excited to be working with Blockscale and its experienced group of partners to facilitate the creation, participation program and launch of its utility token. Our goal is to create an in-game currency that has tremendous value for our players and the Aftermath Islands community.”
Sam Mowers, Investorideas
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