Investor Ideas, Trading Ideas and Stocks to Watch : #CryptoCorner #Podcast 930: #Stocks discussed: (NasdaqGS: $COIN) (TSX: $GLXY.TO) (NasdaqCM: $MIGI)

Friday, February 24, 2023

#CryptoCorner #Podcast 930: #Stocks discussed: (NasdaqGS: $COIN) (TSX: $GLXY.TO) (NasdaqCM: $MIGI)

#CryptoCorner #Podcast 930: #Stocks discussed: (NasdaqGS: $COIN) (TSX: $GLXY.TO) (NasdaqCM: $MIGI)

Coinbase Announces Testnet Launch of “Base”, Galaxy Digital Acquires Custody Platform GK8, and Mawson Relocates Miners to US

Vancouver, Kelowna, Delta, BC February 24, 2023 - 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.

Today’s podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).

The Investor ideas Crypto Corner was named one of 14 Best Crypto & Blockchain Podcasts for Jun 2022: https://www.yoreoyster.com/blog/best-crypto-podcasts/

Listen to today’s Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2023/022423-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2023/crypto-corner/02241COIN-GLXY-MIGI.asp

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Stocks discussed: (NasdaqGS:COIN) (TSX:GLXY) (NasdaqCM:MIGI)

Coinbase (NasdaqGS:COIN) has announced, in an official blog post, the testnet launch of Base, described as “an Ethereum [ETH] Layer 2 (L2) network offering a secure, low-cost, developer-friendly way for anyone, anywhere, to build decentralized apps or “dapps” onchain.” An excerpt from the post explaining Base reads:

Our goal with Base is to make onchain the next online and onboard 1B+ users into the cryptoeconomy. In pursuit of this goal, Base will serve as both a home for Coinbase’s onchain products and an open ecosystem where anyone can build.

Galaxy Digital Holdings Ltd. (TSX:GLXY) has completed its previously announced acquisition of substantially all of the assets of GK8, a secure institutional digital asset custody platform, for approximately $44 million. Mike Novogratz, Founder and CEO of Galaxy, commented:

"Investor demand for innovative and secure custody services continues to grow, and the acquisition of GK8 enhances our efforts to offer clients best-in-class cold storage solutions along with cutting-edge wallet technology. In addition to continuing to offer highly valuable custody technology to clients, the GK8 team will play a pivotal role in our evolution to offer a full-service financial platform for digital assets."

Mawson Infrastructure Group, Inc. (NasdaqCM:MIGI) has closed its facility in Condong, NSW, Australia, and is now focusing on its operations in the United States exclusively. Consequently, all of its ASIC miners and MDC equipment are being transferred to Pennsylvania for deployment. The company’s CEO, James Manning, said:

"Mawson continues to push forward with our operations in the United States. As such, we made the strategic decision post closure of the Australian facility to relocate all our Australian assets to the US, and focus our resources on building out the 220 MW of facilities we have in Pennsylvania. All 5,376 ASIC units have either arrived or are soon arriving for deployment in PA with the MDC’s to follow. We look forward to seeing these units come online in early Q2, 2023."

Sam Mowers, Investorideas

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

Podcast sponsor:

AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.

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