Nano Labs, the China-based microchip company, is expanding its portfolio by integrating Bitcoin as a payment method, acquiring 360 Bitcoin worth $36.2M. Through accepting bitcoin, Nano Labs is fostering a significant shift in China's tech industry, aligning with potential policy changes. This move aligns Nano Labs with other companies leveraging cryptocurrency for financial optimization, including Nvidia and Nano Nuclear Energy. Largely coincided with Bitcoin incorporation, Nano Labs secured $36.25 million in funding, with future plans to purchase $50 million worth of Bitcoin. Beyond its Bitcoin endeavours, Nano Labs has initiated a rebranding of a subsidiary, Nano Bit, broadening its footprint in the Bitcoin ecosystem.The growing popularity of cryptocurrency necessitates secured storage options. Ledger's cryptocurrency wallets, such as the
hacking victim Ledger Nano X and the new model, the
Nano S Plus, have this role. User reviews highlight their simplicity for beginners and security against cyber threats.In other news,
Nano Coin (XNO) has gained significant attention, primarily due to its eco-friendly approach, zero-fees, and instantaneous transactions. It has had a 60% intraday gain and is broadly recognized as Bitcoin's Speedy Competitor. Despite the recent network flooding and nodes synchronization issues, Coinbase Derivatives Exchange plans to incorporate Nano Ether Futures Contract into its product lineup.Lastly,
Nano Labs has engaged in legal battles with Coinbase over Nano trademark rights, potentially impacting Nano Coin's viability on the Coinbase platform.
Nano Coin News Analytics from Mon, 16 Feb 2015 08:00:00 GMT to Tue, 31 Dec 2024 08:00:00 GMT -
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- Innovation 8
- Information 6
- Rumor 4
