Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions
5.5.2022
Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. They allowed Russians to pay abroad after major processors restricted their services in the country. Visa and Stripe Halt...
Gucci the latest luxury brand to accept crypto payments in store
5.5.2022
Gucci’s past efforts into Web3 have culminated with the brand accepting 12 cryptocurrencies at a few select stores, with a wider rollout planned for the future
Infinite Arcade Launches the Last Sale of the Gamer NFTs
5.5.2022
Web3 platform Infinite Arcade launches batch 3 Gamer NFTs sale. The Gamer (avatar) NFTs act as access keys to unlock play & earn on the platform. The games are free-to-play, each set. The first 2 batches of the Genesis Gamer NFTs were sold out very quickly. Now the last stage of NFTs sale...
Bitcoin and Ethereum Accelerate, ADA, SOL, and More Altcoins Rally
5.5.2022
Bitcoin price was able to clear the USD 39,200 resistance level and even tested the USD 40,000 resistance. It is currently (04:08 UTC) consolidating gains above USD 39,700 and might test USD 40,000 again. BTC is up over 4% in a day and 1% in a week.
Similarly, most major altcoins are also...
NFTs: Are They Good Investments By Contrast with Cryptos?
5.5.2022
Considering the present-day conditions, do NFTs possess inherent market efficiency as long-term investments by comparison with virtual currencies similar to cryptocurrencies? Let’s figure it out. Conversely, NFTs are not designed to act similarly to ETFs where the investor is acknowledged about...
Socios signs up Major League Soccer — but it’s not a token effort yet
5.5.2022
The fan token platform is branching into American soccer with the latest partnership to bring fan engagement events to MLS without issuing fan tokens
Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement
5.5.2022
Several U.S. lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) have voiced concerns about the securities regulator expanding its crypto enforcement unit. “The SEC is a regulatory agency with an enforcement division, not an enforcement agency.”...
New crypto litigation tracker highlights 300 cases from SafeMoon to Pepe the Frog
5.5.2022
The SEC, CFTC and DOJ have seven cases either resolved or ongoing this year, with the litigation against husband-wife duo Ilya Lichtenstein and Heather Morgan being the most high profile
Shiba Inu has a new use case — Buying land in SHIB: The Metaverse
5.5.2022
Memecoin Shiba Inu can officially be used to purchase land in the SHIB Metaverse using the native SHIB token, as the development team continues to provide utility for holders
Joe Rogan: Bitcoin Is Now a Viable Currency and the Government Is Freaking Out
5.5.2022
Joe Rogan, the host of The Joe Rogan Experience, likens bitcoin to the early internet. Noting that now the cryptocurrency is “a viable form of currency” that “You can actually buy things with,” he said, “the government is freaking out.” Joe Rogan, Bitcoin...
Kazakhstan ramps up power consumption reporting requirements for crypto miners
5.5.2022
Cryptocurrency mining companies will be required to submit comprehensive information about their operations as the country tries to reign in electricity consumption
First Mover Asia: Events in China, India Have Also Weighed on Crypto Prices
5.5.2022
Investors may have been focusing on interest rate hikes and the economic fall out of Russia’s Ukraine invasion, but bitcoin has been subject to other headwinds: cryptos rise post rate hike