#CryptoCorner #Podcast 741: #Stocks discussed: (NasdaqCM: $HIVE) (NasdaqGS: $OPRA) (TSXV: $BNXA.V)
#CryptoCorner
#Podcast 741: #Stocks discussed: (NasdaqCM: $HIVE) (NasdaqGS: $OPRA) (TSXV: $BNXA.V)
HIVE Provides Q3 Corporate
Update, Opera Announces Polygon Integration, and Banxa Holdings Launching Layer
2 Fiat On-Ramp
Point Roberts, WA, Delta BC December 22,
2021 - 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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Stocks
discussed: (NasdaqCM:HIVE) (NasdaqGS:OPRA) (TSXV:BNXA)
HIVE Blockchain
Technologies Ltd. (NasdaqCM:HIVE) has provided a corporate update for its fiscal
third quarter ending December 31, 2021. Based on unaudited results, the company
mined more than 6,280 Ether (ETH) and 600 Bitcoin (BTC) in the quarter. HIVE’s Executive
Chairman, Frank Holmes, said:
"I
am very honored to see the support and encouragement from shareholders and our
team in achieving so many milestones over the past year. From the GPU Atlantic
acquisition, to hitting 1.5 Exahash and achieving record revenue per share and
cash flow. Our balance sheet from mining and HODLing BTC and ETH hit an all
time high, and we have exciting growth planned for the next 12 months mining
both BTC and Ether with the latest high performing chips.”
Cointelegraph reports that web browser
developer Opera Limited (NasdaqGS:OPRA) has announced an upcoming
integration with Polygon (MATIC), which will open the latter’s ecosystem
“to Opera's over 80 million users on the Android mobile, then to the rest on
other devices and platforms,” giving access to Polygon’s decentralized
applications (dApps). Polygon is described as “a layer two Ethereum scaling
solution designed for lower gas fees and faster transaction times.” Arjun
Kalsy, vice president of growth at Polygon, said:
"With
this integration, Opera's hundreds of millions monthly active users will be
able to experience Polygon's thriving dApp ecosystem and best in class Web 3.0
technology."
Banxa Holdings Inc. (TSXV:BNXA) has announced the launch of its Layer 2 (L2) Fiat
On-Ramp, a solution aimed at reducing fees and fulfillment times. The company’s
CEO Holger Arians explained:
"The
crypto industry faces a complex web of challenges and barriers that might have
discouraged consumers and merchants from making purchases in the past. The
launch of our L2 Fiat On-Ramp offers greater accessibility to a whole new
audience, breaking down two key entry barriers: high fees and faster processing
times. We are honored to be launching this world-leading product as a way to
transform the industry.”
Sam Mowers, Investorideas
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