Two decades ago, Nexon helped invent the concept of digital currencies in videogames. Now the Japanese-Korean online games maker is using some of its cash to buy a different kind of digital currency—bitcoin. In an interview with The Information, Nexon CEO Owen Mahoney said the company has used about $100 million of its more than $5 billion in cash and cash-equivalents to buy 1,717 bitcoins....
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Creator Economy startups
Gumroad Turns a Profit After Price Hike
Gumroad, which provides tools to creators including landing pages and help with product sales, recorded the largest monthly profits in its 11-year history in recent months after raising prices.Gumroad recorded net income of $82,270 in January, Sahil Lavingia, Gumroad’s founder and CEO, told its crowdfunding investors and creators Thursday in a presentation that was available via Zoom. Net...
Coinbase Hires Former Shopify Executive as Country Director
Circle’s USDC Outflows Exceed $10 Billion Since Crypto Bank Crisis
Virgin Orbit Lays Off 85% of Staff, Ceases Operations
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