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4 years in, MicroStrategy’s Bitcoin gamble beats Warren Buffett’s warning
11.8.2024
MicroStrategy’s stock value is up by 1,000% since its first Bitcoin purchase, while Warren Buffett and Berkshire Hathaway have missed the boat
Blackbird, Web3 Startup From Resy Co-Founder, Wants Diners to Pay for Meals in Crypto
30.7.2024
Blackbird Pay would allow diners to pay for their food using $FLY, the cryptocurrency that doubles as loyalty points in Blackbird's restaurant rewards system
Warren Buffett's Berkshire Hathaway did crash 99% ...against Bitcoin since 2015
4.6.2024
Allocating just 1% of Berkshire Hathaway's portfolio to Bitcoin could have boosted Warren Buffett's profits by over 25%
Cambridge Study: Ethereum Consumes 28x Less Energy Than American Express
12.12.2023
Source: AdobeStock The world’s second-largest crypto protocol Ethereum network, is reported to consume 28 times less energy than the American Express business, according to a recent report from the University of Cambridge. The report compares the annual energy consumption of the smart...
Amex planning to use AI for ‘approving cards and lines of credit’
29.5.2023
American Express plans to extend its AI capabilities through partnerships despite having experimented internally with numerous machine learning-powered services
FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders
18.3.2023
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion...
Report Claims Visa and Mastercard Plan to Pause New Partnerships, Visa’s Head of Crypto Insists ‘Story Is Inaccurate’
28.2.2023
According to a recent report from sources familiar with the matter, Mastercard and Visa, the credit card and payment services giants, are halting new partnerships with cryptocurrency firms. This news comes after the collapse of several cryptocurrency ventures that offered crypto debit cards...
OneOf NFT Platform Adds American Express as Backer in $8.4M Round
1.8.2022
Amex will give exclusive OneOf tokens to cardholders attending a pop-up event in Turkey
ECB exclusive: Crypto payments 'not currently cost effective,' Amex exec says
28.6.2022
The American Express executive said that their firm is bullish on crypto and is actively working to incorporate more crypto-related services in the future
New American Express Credit Card Lets Shoppers Earn Crypto Rewards Tradable Across 100+ Cryptocurrencies
12.6.2022
American Express and Abra are launching a new credit card that will allow shoppers to earn cryptocurrency rewards “tradable across over 100 different cryptocurrencies” without annual or foreign transaction fees. American Express and Abra Launching Crypto Rewards Credit Card American...
American Express Adds First Crypto Product With Abra Rewards Card
10.6.2022
A long time in the making, the Abra Crypto Card will be the first Amex cryptocurrency product, said Abra CEO Bill Barhydt
Mastercard files 15 metaverse and NFT related trademarks
11.4.2022
Mastercard joins Visa and American Express with moves into the Metaverse as it seeks to increase revenue streams and remain competitive in the virtual economy
Blockchain Gaming Consortium, American Express & Crypto Trademarks + More News
16.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Blockchain Gaming Consortium, American Express & Crypto Trademarks + More News
Amex trademark filings suggest possible entry to the metaverse
15.3.2022
The major credit card company may be readying to provide “virtual concierge services” related to credit card transactions “in the metaverse and other virtual worlds.”
American Express Hints at Metaverse Entry Through Trademark Filings
15.3.2022
Traditional finance firms are boosting their metaverse offerings following JPMorgan’s recent foray into Decentraland
No credit for crypto — users react to Russia-issued credit card ban
8.3.2022
"Visa and Mastercard dig their own graves by politicizing their products and pushing people all over the world toward Bitcoin," said Marty Bent
Bitcoin Network Transaction Volume Surpasses American Express: Research
1.2.2022
A recent NYDIG report found that Bitcoin had settled more transaction volume in Q1 2021 than “all credit card networks combined for the entire year” when including intra-network transactions
American Express Sees Crypto as Asset Class — Says It’s Not a Near-Term Business Threat
29.1.2022
American Express (Amex) sees cryptocurrency as an asset class, according to CEO Steve Squeri. He added that right now, the firm does not see crypto as an immediate or medium-term threat to its business. American Express CEO Discusses Crypto Strategy The chairman and CEO of American Express (Amex)...
Amex CEO hints at exploring ways to allow credit card holders to redeem points for crypto
25.1.2022
“We’re exploring other ways, potentially, to redeem your membership rewards points, but I don’t think you’re going to see an American Express card linked to cryptocurrency anytime soon," said Stephen Squeri
Amex, Visa, Citi, Paypal Invest in Crypto Transaction Monitoring and Forensics Platform
7.12.2021
American Express’ Amex Ventures, Visa, Citi Ventures, DRW Venture Capital, Jump Capital, Marshall Wace, Block (formerly Square Inc.), and Paypal Ventures are among investors in the latest funding round of crypto transaction monitoring and forensics platform TRM. Amex, Visa, Citi, Paypal...