Crypto Blog
Chinese fabless integrated circuit design company Nano Labs has announced that it has opened a Coinbase account and begun accepting Bitcoin payments for its products., Nano Labs stated that it is responding to the growing demand for digital currency transactions in the technology sector by accepting Bitcoin payments.
It is important to note that Nano Labs’ decision to accept Bitcoin as a payment method comes at a time when the company has been navigating financial challenges, including a significant decline in its stock performance. After$50 million to go public in 2022, Nano Labs has had a rough ride on the stock market, with its share price dropping significantly from its all-time high of more than $96.
In an effort to boost its position, the company has now decided to accept Bitcoin payments, hoping to tap into the growing digital currency trend.“Nano Labs’ acceptance for payments in Bitcoin aligns with its long-term vision of staying at the forefront of technology advancements and delivering added value to clients worldwide. With this new capability, the Company is positioned to attract a broader range of partners and customers who value progressive financial options.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chinese Microchip Company Starts Accepting Bitcoin PaymentsNano Labs now allows for paying for its products in Bitcoin
Read more »
Tips during National Financial Planning Month: Financial planning is best started as early as possibleRooted in fact-based, transparent reporting, Newsy is an award-winning opinion-free network owned by the E.W. Scripps Company that is relentlessly focused on “the why” of every story and seeks to enable a more intimate and immersive understanding of the issues that matter.
Read more »
Financial Navigation Intervention Improved Financial Toxicity Scores in Cancer PatientsPatients with cancer screening positive for financial distress received one-on-one consultations with trained financial navigators.
Read more »
San Jose State Seeks Financial Compensation After Multiple Teams Forfeit Game Against Trans PlayerSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
Apple’s New MacBook Pros Boast M4, Thunderbolt 5, and Nano-Texture DisplaysApple announced its newest MacBook Pro laptop computer which features increased performance thanks to the M4 family of chips.
Read more »
Development of a simple, revolutionary printing technique for periodic nano/microstructuresA team of researchers has developed a printing technique capable of forming a periodic nano/microstructure on the surface of a polydimethylsiloxane (PDMS) slab and easily transferring it onto the surface of a glass substrate.
Read more »