Fold news and trends

Bitcoin Daily: Canaan Reports $148.6M In Losses For 2019; Shopping App Fold Signs On To...
Bitcoin // April 09, 2020

Canaan Creative, the Chinese bitcoin miner maker, registered a net loss of $148.6 million for last year on $204.3 million in revenue, CoinDesk reported. The company said it had $114.7 million net loss in just the fourth quarter of last year. Canaan, for its part,...

Bitcoin Daily: Fold Crypto App Offers Bitcoin Rewards On Airbnb Stays; JPMorgan, Temasek, MAS Team...
Bitcoin // November 12, 2019

Bitcoin payments app Fold has announced that its users can now get 3 percent back in bitcoin when they book a stay and experience on Airbnb. The Fold Kickbacks program, which supports bitcoin’s second layer Lightning Network, features big retailers including Amazon, Starbucks and Uber...

Bitcoin Daily: Daimler Completes Pilot Blockchain Transaction; Bitcoin Payments Coming To Starbucks Via Fold App
Bitcoin // September 26, 2019

Automaker Daimler has completed its first transaction on the blockchain-based Marco Polo network. The firm used the network to process the data required to exchange payments with engineering firm and parts builder Dürr, according to CoinDesk. German bank Landesbank Baden-Württemberg was also involved in the...

Fold Brings Bitcoin Payments To Major Retailers
News // August 03, 2015

Fold, the app that lets consumers “spend bitcoin in the real world” is attempting to spread its presence in the U.S. by pairing with more major retailers. Fold will soon allow consumers in the U.S. to pay at Starbucks, Whole Foods and Target as part of its recent expansion...

Quick Reads
Crypto Company Fold Set to Go Public in SPAC Merger

July 24, 2024
Fold, which describes itself as a “bitcoin financial services company” is set to go public. The company plans to list on Nasdaq after merging with publicly-traded special purpose acquisition company (SPAC) FTAC Emerald Acquisition Corp, Fold announced in a news release Wednesday (July 24). “By integrating bitcoin across traditional financial services, Fold acts as a key point […]

Bitcoin Daily: Canaan Reports $148.6M In Losses For 2019; Shopping App Fold Signs On To...

April 09, 2020
Canaan Creative, the Chinese bitcoin miner maker, registered a net loss of $148.6 million for last year on $204.3 million in revenue, CoinDesk reported. The company said it had $114.7...

Bitcoin Daily: Fold Crypto App Offers Bitcoin Rewards On Airbnb Stays; JPMorgan, Temasek, MAS Team...

November 12, 2019
Bitcoin payments app Fold has announced that its users can now get 3 percent back in bitcoin when they book a stay and experience on Airbnb. The Fold Kickbacks program,...

Bitcoin Daily: Daimler Completes Pilot Blockchain Transaction; Bitcoin Payments Coming To Starbucks Via Fold App

September 26, 2019
Automaker Daimler has completed its first transaction on the blockchain-based Marco Polo network. The firm used the network to process the data required to exchange payments with engineering firm and...