#CryptoCorner #Podcast 773: #Stocks discussed: (NYSE: $OPA) (TSXV: $CSTR.V) (TSXV: $IMIN.V)
#CryptoCorner
#Podcast 773: #Stocks discussed: (NYSE: $OPA) (TSXV: $CSTR.V) (TSXV: $IMIN.V)
Binance Invests $200M in
Forbes, CryptoStar Signs LOI with Kansas Energy Company, and iMining
Technologies has Launched a Metaverse Advisory Group
Vancouver, Kelowna, Delta, BC February
11, 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.
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Stocks
discussed: (NYSE:OPA) (TSXV:CSTR) (TSXV:IMIN)
Business magazine giant Forbes, and Magnum Opus
Acquisition Limited (NYSE:OPA), have announced a $200 million strategic
investment from crypto and blockchain leader Binance. Both Forbes and Magnum
Opus are planning a business combination in Q1 this year, which would render
Forbes a publicly traded company on the New York Stock Exchange with the ticker
symbol "FRBS." Mike Federle, CEO of Forbes, commented on the
investment
"Forbes is committed to demystifying
the complexities and providing helpful information about blockchain
technologies and all emerging digital assets. With Binance’s investment in
Forbes, we now have the experience, network and resources of the world’s
leading crypto exchange and one of the world’s most successful blockchain
innovators. Forbes, already a resource for people interested in the emerging
world of digital assets, can become a true leader in the field with their
help."
CryptoStar Corp. (TSXV:CSTR) has signed a letter of intent (LOI) with
U.S. based energy company Kansas (the Kansas Partner) effective February 9,
2022 “for up to 87.2 megawatts (MW) of power to be supplied at among the lowest
electricity rates in North America.” CryptoStar’s President and CEO, David
Jellins, said:
This LOI with the Kansas Partner is
consistent with the Company's long term expansion plans into low-cost energy
regions in North America and solidifies CryptoStar's objective to become one of
the most reliable, lowest cost crypto miners and hosting services providers in
North America."
iMining Technologies Inc. (TSXV:IMIN) has launched Metaverse Advisory Group Inc.,
described as “a wholly-owned subsidiary focused on investing, developing and
managing Metaverse Properties and NFTs,” and which “provides direct exposure to
Metaverse and NFT sectors for BitBit Financial Inc. customers and iMining
shareholders.” iMining’s President and CEO, Khurram Shroff, said:
"We are on the cusp of a major
technological transformation with the advent of new technology and the
evolution of existing technologies, which changes how people interact with no
clear future impact. iMining is working with strategic partners to provide our
investors and clients with an end-to-end solution so they can easily
participate in the growth of Web3.0 and benefit from it. Web3.0 will entirely
change how people interact with technology and with each other. This is an
exciting time and I remain confident that iMining is positioned as thought
leaders to assist this entire industry grow. iMining has established itself to
provide public market investors exposure to Web3.0, the next evolution of the
Internet."
Sam Mowers, Investorideas
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