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Crypto Market Rises Amid ‘Altseason’ Hopes, Some Bitcoin Whales Selling
14.4.2022
Following heavy selling earlier in the week, the crypto market moved higher on Thursday on boosted sentiment in stocks. However, some on-chain metrics could be a cause of concern for bitcoin (BTC) investors.
At 10:05 UTC, BTC stood at USD 41,215, up almost 3% for the past 24 hours and down...
Major Fintech Firm FIS Partners with Fireblocks to Bring DeFi and Crypto to Institutions
13.4.2022
The digital asset platform Fireblocks is partnering with the US-based publicly listed fintech firm FIS to bring a range of new enterprise-grade solutions from the world of decentralized finance (DeFi) and crypto trading and staking to its client base, the two companies announced today....
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Nexo Launches New Mastercard for Users to Spend Without Selling Crypto
13.4.2022
Digital asset business Nexo (NEXO) has launched a new card that allows the company’s customers to spend their funds without selling their digital assets in selected European markets.
Nexo is offering its new product in partnership with payments giant Mastercard and Lithuanian fintech...
ACH Is the Token Driving Global Crypto Payments
13.4.2022
ACH is the cryptocurrency token driving the adoption of Alchemy Pay’s crypto payments around the world. Alchemy Pay enables real-world crypto payments and mainstream-friendly access to crypto services. It has had an incredible rise over the past year, partnering with the likes of Binance...
Robinhood Domesticates Shiba Inu, Changes for Celsius Users in US + More News
12.4.2022
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: Robinhood Domesticates Shiba Inu, Changes for Celsius Users in US + More News
Study: 54% of UAE and Saudi Arabia Survey Respondents Said Crypto Should Be Used for Payments
12.4.2022
An average of 54% of survey respondents from Saudi Arabia and the United Arab Emirates (UAE) said they believe cryptocurrency should be used as currency. Still, a significant proportion of the respective countries’ respondents believe certain obstacles are stopping cryptocurrencies from...
Most Surveyed US Financial Advisors Plan to Raise Crypto Allocations, 0% Plan to Reduce - Nasdaq
12.4.2022
Among advisors already investing in crypto, nearly 90% expect to increase their allocations over the next 12 months, while 0% report plans to decrease, according to a recent survey by the New York-based Nasdaq stock exchange. On average, advisors currently investing in crypto - or considering to...
Study Finds 33.4 Million Nigerian Adults Hold or Have Traded Crypto in Last 6 Months
12.4.2022
According to a new report, approximately 33.4 million Nigerians, or 35% of the country’s adult population, are holders of cryptocurrencies or have traded them in the past six months. The report attributes the growing adoption of cryptocurrencies to rising inflation and the plunging value...
Meta Begins Testing ‘Tools’ for Metaverse ‘Digital Asset’ Sales
12.4.2022
Meta, the company formerly known as Facebook, may have turned its back on its once-grand stablecoin plans, but it is far from done with digital forms of money – with its metaverse pivot leading it to create “tools” that will let its users sell “digital assets.”...
Read More: Meta Begins Testing...
Two New ERC Standards Aim to Standardize Tokenized Vaults and Add Refund Option to NFTs
11.4.2022
Developers can create new ERC standards that define a required set of functions for a token type - and they did just that. Two recently created ones have each attracted some attention and may find adoption in the future.
Crypto users are probably familiar with numerous ERC standards, the most...
How NFT Finance Accelerates NFT Mass Adoption
10.4.2022
Stephen Young, Founder & CEO, NFTfi, an NFT collateralized loan marketplace.
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Read More: How NFT Finance Accelerates NFT Mass Adoption
South Korean Bank Shinhan Launches Nation’s First Corporate Crypto-Fiat Account
9.4.2022
The South Korean commercial banking giant Shinhan has become the first bank in the nation to offer crypto account services to a corporate client.
ZDNet Korea reported that on April 7, the bank created a corporate fiat KRW account exclusively for cryptoasset transactions to the crypto exchange...
DeFi Giant Yearn Leads the Way on ERC-4626 Token Standard Adoption
8.4.2022
The new standard for yield-bearing tokens could unlock innovation in the burgeoning Ethereum economy
Bitcoin Lags Behind Ethereum & Altcoins Despite Strike, Robinhood, and Legal Tender News
8.4.2022
The bitcoin (BTC) price lagged behind ethereum (ETH) and other major altcoins today, despite a series of bullish news announcements coming from the Bitcoin 2022 conference in Miami, USA.
At 09:50 UTC on Friday, BTC stood at USD 43,644, up just 0.6% for the past 24 hours and down 4% for the past...
Shopify Bitcoin payments integration triggers legal questions from the community
8.4.2022
Attorney Kevin Thompson thinks that the event will make regulators frustrated, leading to the creation of reporting requirements for Shopify
Surging Consumer Interest in Crypto is Accelerating eCommerce Adoption - Survey
8.4.2022
The global adoption of cryptoassets for eCommerce is gaining speed -- as 40% of 18-35-year-olds plan to pay for goods and/or services with crypto in 2022, according to a recent report released by global payments provider Checkout.com.
This figure is up from less than 30% recorded last year. ...
Crypto-Powered Ukrainian Charity Launches Debit Card for War Victims
8.4.2022
The crypto community-backed charitable venture that earlier received a USD 2.5m fund boost from the Ethereum (ETH) co-founder Vitalik Buterin has announced it has launched a charity crypto debit card that will allow Ukrainian users to access funds and humanitarian aid....
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WeChat Pay to Offer Digital Yuan Payment Options as China’s CBDC Pilot Expands
8.4.2022
The Chinese e-pay platform WeChat Pay has unveiled a digital yuan interoperability solution that will allow users of the service to make payments in the central bank-issued token.
As reported, the central People’s Bank of China (PBoC) has recently expanded the number of cities included in...
Samson Mow introduces new nation-state adoption for crypto in Bitcoin 2022
7.4.2022
Bitcoin is already legal tender in Roatán, Honduras and Madeira, Portugal. Now a Mexican Senator wants to make it so in her country as well
HBAR Foundation launch $250M metaverse fund to enhance consumer brand adoption
7.4.2022
This is the largest fund the HBAR foundation has launched to date, a statement of intent for their aspiration in the tokenized economy and metaverse space