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UWM Crypto Payments, Binance in Netherlands, Bitstamp Won't List DOGE + More News
18.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
US mortgage lender United Wholesale Mortgage (UWM), previously known as United Shore Financial, will start accepting cryptocurrency...
Digital payment ecosystem MobileCoin raises $66M
18.8.2021
Venture capital continues to back promising blockchain and crypto plays. Some of the industry’s biggest investors participated in MobileCoin’s Series B
Multi-Billion Dollar Financial Services Firm Lloyds Looks to Hire a Digital Currency Expert
18.8.2021
Lloyds Banking Group, the British parent company of Lloyds Bank, is currently hiring a “digital currency [and] innovation senior manager,” according to a recent job listing posted to BYP Network. Lloyds is one of the largest financial services firms in the world with close to $500...
Samsung to Aid Bank of Korea in Central Bank Digital Currency Pilot Program
16.8.2021
Samsung, the Korean tech giant, has decided to participate in a central bank digital currency (CBDC) program that is being carried out by the Bank of Korea. The company will be testing the feasibility of using these new instruments in its lineup of Galaxy phones, specifically assessing...
US Government Now Offers Informants Crypto Rewards in Addition to Bank Wires, Suitcases Full of Cash
16.8.2021
Attendees of the Black Hat hacker conference in Las Vegas were introduced to a new advertisement crafted by the U.S. State Department. According to individuals who accessed the government advertisement via an open Wi-Fi network called “#Rewardsnotransoms” they discovered the U.S....
Retail Giant Walmart Hiring ‘Cryptocurrency Lead’ to Develop Digital Currency Strategy and Products
16.8.2021
Walmart, the world’s largest retailer, is hiring a “digital currency and cryptocurrency product lead.” The company says it “enables broad set of payment options for its customers” and is developing a “digital currency strategy and product roadmap.” Walmart...
Walmart seeks crypto product lead to drive digital currency strategy
16.8.2021
Walmart’s future digital currency and crypto product lead would be based in the company’s home office in Bentonville, Arkansas
Mi Store Portugal Reveals Crypto Acceptance, Xiaomi Says ‘Decision Was Made Without Knowledge or Approval’
15.8.2021
On August 5, the Mi Store in Portugal announced that it was accepting cryptocurrencies including bitcoin, ethereum, tether, and dash. At the time, the Mi Store Portugal said it was working with the blockchain payments company Utrust in order to be more “inclusive.” However, the Mi Store...
GoSats launches Bitcoin cashback rewards card in India
15.8.2021
Users will be able to earn yield paid in BTC on all the rewards they’ve accumulated through the app
Elon Musk and Mark Cuban See Dogecoin as the ‘Strongest’ Cryptocurrency for Payments
15.8.2021
Tesla CEO Elon Musk and Shark Tank star Mark Cuban see dogecoin as the “strongest” cryptocurrency when it comes to using it as a means of payment. To promote the use of dogecoin further, the NBA team Dallas Mavericks will be offering “special pricing for those who pay with...
DBS wins regulatory approval in Singapore for crypto payment services
12.8.2021
Starting next Monday, DBS Bank’s crypto exchange will start operating, allowing institutional investors to trade Bitcoin
Digital insurer Metromile follows through with $1M Bitcoin purchase
11.8.2021
In May, the company said it intended to allocate $10 million towards Bitcoin in the second quarter of 2021
Altcoins soar while Bitcoin bulls gather strength to attack $48,000
11.8.2021
WINk, DENT and IOTX notched triple-digit gains as Bitcoin’s bullish momentum extends to the wider crypto market
Stellar blockchain remittance corridor to power Thailand-Europe payments
11.8.2021
The new cross-border remittance corridor will be hosted on the Stellar blockchain and serve around 600 million customers
Shark Tank's Kevin O'Leary becomes FTX spokesperson, will be paid in crypto
11.8.2021
Mr. Wonderful has signed a multi-year deal to serve as a brand ambassador and spokesperson for FTX and will be paid in crypto assets and take an equity stake in FTX
Venmo enables users to automatically buy crypto with ‘cash back’ rewards
11.8.2021
Paypal-owned payments firm Venmo has expanded its crypto support by enabling credit cardholders to convert their cash back rewards into four digital assets hosted on the platform
Paypal’s Venmo Launches ‘Cash Back to Crypto’ Feature to Auto Purchase Cryptocurrencies
11.8.2021
Venmo, a Paypal service, has introduced the “Cash Back to Crypto” feature to allow credit card customers to automatically buy four types of cryptocurrencies with their cash back without incurring transaction fees. Cash Back to Crypto on Venmo Payments giant Paypal announced Tuesday...
Cinema operator AMC plans to accept BTC by 2022
10.8.2021
AMC chairman and CEO, Adam Aron, revealed the American cinema giant is looking to accept Bitcoin payments for movie tickets in response to customer demand
Circle plans to become a full-reserve national digital currency bank
9.8.2021
Circle is willing to operate under supervision of the Federal Reserve, the U.S. Treasury, the OCC, and the FDIC, CEO Jeremy Allaire said
Alchemy Pay Drives Crypto Adoption by Bridging Fiat and Crypto Economies
9.8.2021
Digital assets have seen great success as investment tools in recent years, but payment adoption is unfortunately still lagging behind. Alchemy Pay is well on its mission to change this by enabling millions of merchants to accept crypto payments and get paid in their local currency. At the same...