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Crypto Corner Podcast 741: Stocks discussed: (NasdaqCM: HIVE) (NasdaqGS: OPRA) (TSXV: BNXA)

HIVE Provides Q3 Corporate Update, Opera Announces Polygon Integration, and Banxa Holdings Launching Layer 2 Fiat On-Ramp


Point Roberts, WA and Delta, BC - December 22, 2021 ( Newswire), 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.

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Crypto Corner Podcast 741: Stocks discussed: (NasdaqCM: HIVE) (NasdaqGS: OPRA) (TSXV: BNXA)


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Stocks discussed: (NasdaqCM:HIVE) (NasdaqGS:OPRA) (TSXV:BNXA)

HIVE Blockchain Technologies Ltd. (NasdaqCM:HIVE) has provided a corporate update for its fiscal third quarter ending December 31, 2021. Based on unaudited results, the company mined more than 6,280 Ether (ETH) and 600 Bitcoin (BTC) in the quarter. HIVE's Executive Chairman, Frank Holmes, said:

"I am very honored to see the support and encouragement from shareholders and our team in achieving so many milestones over the past year. From the GPU Atlantic acquisition, to hitting 1.5 Exahash and achieving record revenue per share and cash flow. Our balance sheet from mining and HODLing BTC and ETH hit an all time high, and we have exciting growth planned for the next 12 months mining both BTC and Ether with the latest high performing chips."

Cointelegraph reports that web browser developer Opera Limited (NasdaqGS:OPRA) has announced an upcoming integration with Polygon (MATIC), which will open the latter's ecosystem "to Opera's over 80 million users on the Android mobile, then to the rest on other devices and platforms," giving access to Polygon's decentralized applications (dApps). Polygon is described as "a layer two Ethereum scaling solution designed for lower gas fees and faster transaction times." Arjun Kalsy, vice president of growth at Polygon, said:

"With this integration, Opera's hundreds of millions monthly active users will be able to experience Polygon's thriving dApp ecosystem and best in class Web 3.0 technology."

Banxa Holdings Inc. (TSXV:BNXA) has announced the launch of its Layer 2 (L2) Fiat On-Ramp, a solution aimed at reducing fees and fulfillment times. The company's CEO Holger Arians explained:

"The crypto industry faces a complex web of challenges and barriers that might have discouraged consumers and merchants from making purchases in the past. The launch of our L2 Fiat On-Ramp offers greater accessibility to a whole new audience, breaking down two key entry barriers: high fees and faster processing times. We are honored to be launching this world-leading product as a way to transform the industry."

Sam Mowers, Investorideas

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