#CryptoCorner #Podcast 865: #Stocks discussed: (NYSE: $MA) (NasdaqCM: $CLSK) (OTC: $SMURF)
#CryptoCorner
#Podcast 865: #Stocks discussed: (NYSE: $MA) (NasdaqCM: $CLSK) (OTC: $SMURF)
Mastercard Partners with
Fasset to Drive Crypto Adoption in Indonesia, CleanSpark Acquires New Miners at
“Discounted Price,” and Tokens.com Acquires Playte Group
Vancouver, Kelowna, Delta, BC July 15,
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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Read this in full at https://www.investorideas.com/news/2022/crypto-corner/07151MA-CLSK-SMURF.asp
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Stocks
discussed: (NYSE:MA) (NasdaqCM:CLSK) (OTC:SMURF)
Cointelegraph reports that Mastercard (NYSE:MA)
has partnered with crypto gateway provider Fasset to co-develop digital
solutions that may drive the adoption of cryptocurrency in Indonesia.
Additionally, the firms aim to “expand financial inclusion in the country and
extend opportunities to its local economy.”
According to Hendra Suryakusuma, an executive at Fasset, “there is an
unbanked population of 92 million in Indonesia.” Suryakusuma said:
“Our
partnership seeks to lower the barriers to digital finance and drive greater
opportunities to benefit from the use of emerging financial services.”
Suryakusuma went on to
say:
“The
implications on the industry are greater legitimization of crypto assets, their
use cases and areas of applications.”
CleanSpark, Inc. (NasdaqCM:CLSK) has announced that it has acquired 1,061
Whatsminer M30S machines “at a substantially discounted price compared to the
spot market price from just a few months ago.” These machines, according to the
press release, “are already mining bitcoin (BTC) at Coinmint’s renewable-powered
co-location facility,” and add about 93 petahashes per second (PH/s) of
computing power to CleanSpark’s existing mining capacity. Zach Bradford, CEO of
CleanSpark, said:
“We
are seeing unprecedented opportunities in this market. Our tried-and-true
hybrid approach of co-locating our machines while expanding our own mining
facilities puts us in an excellent position to sustainably grow our bitcoin
mining capacity in what is shaping up to be an incredible market for builders.”
Web3 crypto assets
investor Tokens.com Corp. (OTC:SMURF) has acquired Playte Group, described as “a company
that builds tools to power the play-to-earn (P2E) economy.” The latter will be
integrated into Tokens.com subsidiary, Hulk Labs, where its platform will be
used to manage its player network in Africa. Andrew Kiguel, CEO of Tokens.com,
explained:
"Hulk
Labs is tying together the key pieces to create an integrated play-to-earn
gaming platform. The massive video game market is shifting to play-to-earn
games. Hulk is establishing itself as a technology leader in player management
and in analyzing gaming profitability. Hulk labs currently provides the top
gaming calculators for free on its website for players to view. The Playte
acquisition is a perfect fit with our exclusive access to video game players in
the DRC recently announced."
Sam Mowers, Investorideas
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