Tagged: compass

Compass, the Mediobanca Group Consumer Credit Unit, Expands Swiss Operations by Acquiring HeidiPay Switzerland AG

Compass, the Mediobanca Group consumer credit arm, has signed an agreement to acquire 100% of HeidiPay Switzerland AG from HeidiPay AG. HeidiPay Switzerland AG is described as “a fast-growing Swiss company specializing in the Buy Now Pay Later (BNPL) segment, with over 400 commercial agreements… Read More

BNPL: Compass Enhances Buy Now Pay Later Operations

Compass, the Mediobanca Group’s consumer credit arm, has reportedly “completed two deals in the Buy Now Pay Later (BNPL) segment.” The rationale for the deals is “to accelerate the bank’s growth in the deferred payment business using digital channels, which it has entered successfully with… Read More

Proptech Firms Redfin, Compass Cut Employees as Housing Market Cools

Compass (NYSE: COMP), a digital real estate listing platform, and Redfin (NASDAQ: RDFN) a similar platform have both slashed employee headcount as the economy teeters on the brink of recession. Redfin is cutting employees by 8% while Compass is reducing jobs by 10%. The two… Read More

Bitcoin (BTC) Fluctuation in Hashrate Is Tied to its Inflation Rate, Analyst at Compass Mining Explains

Compass Mining, which claims to be the first and largest online marketplace for Bitcoin mining hardware and hosting, has commented on the relationship between BTC’s hashrate and the leading cryptocurrency’s issuance rate. According to mining analyst Mitch Klee, the inflation rate is “tied to hashrate… Read More

Compass Mining, an Online Marketplace for Bitcoin Mining Hardware, Launches Compass Payment Plan

Compass Mining, which claims to be the first and largest online marketplace for Bitcoin mining hardware and hosting, announced the launch of its effort to make BTC mining accessible to all — Compass Payment Plan. This new program allows customers to “purchase Bitcoin mining equipment… Read More

Blockchain Accounting Software Provider Gilded Launches Wallet-to-Ledger Tool

Gilded, a B2B blockchain payments and accounting software provider, today launched Compass, a solution that enables advanced mapping capabilities between blockchain wallets and a company’s general ledger. When Gilded released their cryptocurrency accounting software to the public in early 2020, the vision was to make… Read More

Empty Mempools Coincide with Major Drop in Bitcoin Hashrate as Miners Migrate from China Following Stricter Regulations: Report

Cryptocurrency mining specialist Zack Voell notes that this month, Bitcoin mempools have been “emptying more frequently than usual” during the last 6 months. According to Voell, this short-term trend of empty mempools follows BTC’s price drop down to around $30,000 through the end of May… Read More

Bitcoin Mining Expert Explains why Generating “Clean” BTC Blocks Can Be Extremely Challenging

Zack Voell, a cryptocurrency mining specialist, writes in a blog post published by Compass that block 682,170 was the first “clean” block that was mined by public mining firm Marathon’s new pool. Voell writes in a detailed post from Compass, a “Bitcoin-first” company that aims… Read More

Bitcoin Miners Continue to Move Mining Facilities to Texas as Crypto and Blockchain Sector Gets Larger in Unprecedented Bull Market

Bitcoin miners continue to move to Texas as the leading digital currency recently surpassed the $60,000 mark (and had also crossed $61,000 on March 14, 2021). Recently, Argo Blockchain confirmed its purchase of 320 acres of land located in West Texas. Argo said it would… Read More

Tesla’s $1.5B Bitcoin Purchase Reignited Mainstream Media Narrative that BTC Mining Is a Major Environmental Hazard: Report

Tesla Inc’s recent Bitcoin investment has “reignited” mining FUD, according to Compass, a “Bitcoin-first” company that aims to support the “decentralized” growth of hashrate and “strengthen network security” by helping people learn, explore and mine Bitcoin. Compass notes that by dropping $1.5 billion into BTC,… Read More

Crypto Mining Firm HASHR8 Introduces Compass, which Matches Bitcoin (BTC) Miners with Affordable, Verifiable Hosting Facilities

HASHR8 Inc., a cryptocurrency mining and media firm that aims to support the “decentralized growth” of hashrate (or computing power used to secure digital currency networks) while enhancing the security of blockchains, has introduced Compass – which is a platform that will match Bitcoin (BTC)… Read More

IVP Ends 2015 on a High Note By Raising $1.4 Billion Fund XV; Announces 14 New Investments

IVP, a later-stage venture capital and growth equity firms in the U.S., announced on Thursday that it has raised a new $1.4 billion fund and distributed over $500 million in capital back to its Limited Partners, including the proceeds from three significant M&A transactions: Business… Read More

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