Wednesday, July 28, 2021
Home Crypto News Market TIME Magazine Partnered With Grayscale To Produce Educational Crypto Videos And Agreed...

TIME Magazine Partnered With Grayscale To Produce Educational Crypto Videos And Agreed To Be Paid In Bitcoin

- Advertisement -

TIME Magazine will release a series of educational videos about the crypto industry with partnership with asset manager Grayscale.

CEO of Time Magzine, Michael Sonnenschein announced these upcoming videos. According to Sonnenschein, the videos will be released in 2021 summer.

Equally as important, Keith Grossman And Time agreed to be paid in Bitcoin – and will hold the $BTC on their balance sheet.

The magazine will not convert the BTC to fiat and will hold BTC on its the balance sheet. The magazine did not disclose other details.


Earlier, TIME posted a senior position vacancy for a CFO who understands “Bitcoin and Cryptocurrency”.

“The media industry is undergoing a rapid evolution. TIME is looking for a chief financial officer who can help transform TIME, ” the job description says.

TIME will become the 33rd publicly traded company to hold Bitcoin on its balance sheet. According to the data, the list is headed by MicroStrategy (91,579 BTC). Next are electric car manufacturer Tesla (48,000 BTC) and payment company Square (8027 BTC).

Merchant token ico

Recall that in March 2021, TIME sold three of its covers as Non Fungible tokens for 241 ETH on the SuperRare marketplace.

Read details: Time Magazine To Sell Three Covers As NFT And Plans To Accept Crypto For Digital Subscriptions

- Advertisement -
I am the editor-in-chief of The Crypto Basic. Love to get involved in cryptocurrencies. I am in crypto since 2014. I like the way blockchain is progression, being adopted by large firms and in most parts of our lives. We are early adopters and followers of blockchain, and time will surely come when our success factor will be blockchain.


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

The Graph to use Polygon for its billing system

Singapore, Singapore, 28th July, 2021, Polygon proof-of-stake (PoS) is an Ethereum scaling solution whose ecosystem attracts the brightest developers from all over the world....

Coca-Cola To Launch First-Ever NFT Collectibles

Coca-Cola and Tafi became partners as Tafi is designing virtual wearables for Coca-Cola's first-ever non-fungible token (NFT) collectibles to celebrate International Friendship Day on...

Binance CEO Aims To Make Binance Regulated Worldwide, Also Daily Withdrawal Limit For Binance Unverified Accounts Reduced And Binance Leverage Trading Limit Reduced

Changpeng Zhao, Binance CEO and Founder, stated that Binance will work with local regulators in order to establish Binance regional headquarters.

Utah Resident, A Dogecoin Fan Selling His Home For Crypto Offers a Generous 10% Discount only If He Is Paid In Doge

According to local TV station KUTV (Video Below), an American citizen from Utah joined the ranks of those selling their property for cryptocurrencies. Utah Resident,...

Panther Protocol Partners with Vegaswap

Midtown, Gibraltar, 27th July, 2021, Panther Protocol, the privacy protocol, has partnered with Vegaswap, the automated market maker (AMM) protocol with multichain support. Vegaswap is...

European Digital Identity: Talao Announces Professional Credential Solution

Paris, France, 27th July, 2021, Talao, a blockchain-based Digital Identity specialist for the Human Resource industry, today announced a professional credential application to transform...

Vechain CEO, Sunny Lu Interview By Fenbushi Capital, Sunny Lu Talks About Partners, Investors And The Three Historic Choices

VeChain CEO, Sunny Lu, was interviewed by Fenbushi Capital for their Distributed Entrepreneurship Column. Sunny talks partners (DNV, PwC), investors (Fenbushi, Fenchain), and the three...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.

follow us in feedly