#CryptoCorner #Podcast 766: #Stocks discussed: (NasdaqGS: $FB) (NYSE: $SI) (NasdaqCM: $MIGI) (NEO: $WNDR.NE)

 

 

#CryptoCorner #Podcast 766: #Stocks discussed: (NasdaqGS: $FB) (NYSE: $SI) (NasdaqCM: $MIGI) (NEO: $WNDR.NE)

 

Meta’s Diem to Sell Off IP and Assets, Mawson Partners with Voltus, and Bitbuy Reports Increased Volume and New Users

 

Vancouver, Kelowna, Delta, BC February 2, 2022 -  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.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2022/020222-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2022/crypto-corner/02021FB-SI-MIGI-WNDR.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NasdaqGS:FB) (NYSE:SI) (NasdaqCM:MIGI) (NEO:WNDR)

 

Diem, the cryptocurrency project from Meta Platforms, Inc. (NasdaqGS:FB), has announced that it is selling its intellectual property and other assets related to the running of the Diem Payment Network to Silvergate Capital Corporation (NYSE:SI). Stuart Levey, the CEO of Diem Networks US, said:

 

“Despite giving us positive substantive feedback on the design of the network, it nevertheless became clear from our dialogue with federal regulators that the project could not move ahead.  As a result, the best path forward was to sell the Diem Group's assets, as we have done today to Silvergate.

We remain confident in the potential for a stablecoin operating on a blockchain designed like Diem's to deliver the benefits that motivated the Diem Association from the beginning.  With today's sale, Silvergate will be well-placed to take this vision forward.  Over the coming weeks, the Diem Association and its subsidiaries expect to begin the process of winding down, but we look forward to seeing the design choices – and the ideals – of Diem thrive."

 

Mawson Infrastructure Group, Inc. (NasdaqCM:MIGI) has partnered with Voltus, Inc. to deliver 100 megawatts (MWs) of distributed energy resources to the PJM electricity grid in 2022. According to the press release Mawson “is building a new 100 MW cryptomining facility on the grounds of a former industrial site in Midland, Pennsylvania with the intention of bringing 50 MWs of load online by March 2022 and an additional 50 MWs by June 2022.” Gregg Dixon, the Co-founder and CEO of Voltus, said:

 

"Cryptomining load is expected to reach nearly 10,000 MWs in the US over the next five years. Voltus can control these loads in a fully automated fashion, connecting this capacity to power markets that value them, resulting in cash back to miners, reliable resources for grid operators, and a balancing resource to improve the reliability of much-needed renewable energy. Digital infrastructure leaders like Mawson recognize that partnering with Voltus supports the grid and provides a competitive advantage in the power-cost driven world of cryptomining."

 

Digital asset marketplace Bitbuy, which was recently acquired by WonderFi Technologies Inc. (NEO:WNDR), has announced that it has achieved an increase in both monthly new deposits and in marketplace coin volumes. Ben Samaroo, CEO of WonderFi, commented:

 

"Since announcing the Bitbuy acquisition and our $45M bought deal with Canaccord, we continue to engage with the Bitbuy team to identify multiple synergy opportunities that we expect to optimize the future value and performance of both businesses. Bitbuy's performance over the last few months solidifies the thesis that platforms like Bitbuy thrive with market volatility."

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash  and others.

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

The Crypto Corner is part of the Investor Ideas Membership content

The Investorideas.com podcasts are also available on Apple Podcasts ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts  and most audio platforms available.

 

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Cryptocurrency Disclaimer

Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

 

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Download our Mobile App for iPhone and Android 

 

Join our Investor Club https://www.investorideas.com/membership/

 

Contact Investorideas.com

800-665-0411

 

 

 

Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories