Point Roberts, WA and Delta, BC – August 6, 2021 (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 648: Stocks discussed: (NYSE: V) (NasdaqGS: COIN) (CSE: LNK)
Stocks discussed: (NYSE:V) (NasdaqGS:COIN) (CSE:LNK)
Cointelegraph reports that Asia-Pacific crypto-fiat trading platform ZipMex has entered a strategic partnership with Visa (NYSE:V) that will see its payment network, ZipSend, integrated into Visa’s worldwide network of 70 million merchants. Upon integration, Zipmex then plans to release a Visa-branded payment card later this year. Zipmex, which operates in Thailand, Indonesia, Singapore and Australia, boasts “a user base of over 200,000 and has reported over $1 billion in gross transaction volume since its launch in late 2019.”
Coinbase (NasdaqGS:COIN) now allows users to buy crypto with linked debit cards with Apple Pay and Google Pay, according to a company blog post. An excerpt from the blog post outlines Coinbase’s introduction of instant cashouts:
We’re also making it easier and faster for you to get access to your money. Coinbase is the first crypto exchange to offer instant cashouts via Real Time Payments (RTP), enabling customers in the U.S. with linked bank accounts to instantly and securely cash out up to $100,000 per transaction. Many customers who withdraw funds opt for Automated Clearing House (ACH) transfers, which can take up to 5 days to move through the pipes of the traditional financial network. Instant cash outs via RTP let you get money in seconds, 24/7, without the high costs of uncapped fees. Plus, there are no limits on the number of times you can cash out per day.
Link Global Technologies, Inc. (CSE:LNK) has signed a definitive agreement with Alumina Partners Ltd. to purchase up to $18,000,000 of its common stock in a series of private placements offerings. The purpose, according to the press release, is to “allow Link to continue its growth strategy with complete financial flexibility and freedom.” Adi Nahmani, Managing Member of Alumina Partners, commented:
“We are excited to support Link Global as they move to aggressively expand their footprint in high-demand managed crypto mining infrastructure. This year has shown everyone in the space that power infrastructure matters both qualitatively and quantitatively as a key differentiator in ways beyond just raw cost per kilowatt-hour. As a result, we are confident in Link management’s roadmap in the future. As the field continues to evolve rapidly, we look forward to investing in the growth potential of managed infrastructure in the crypto space.”
Sam Mowers, Investorideas
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