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Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch

9.2.2021
Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins

Credit Card Companies Should Offer Stablecoin Payments or Be Left Behind: Gartner

5.2.2021
Centralized payment firms like Visa, Mastercard and PayPal have an opportunity to offer innovative stablecoin payment networks, the research firm said

After PS5 Chaos, Japanese Retailer Cracks Down

2.2.2021
This weekend, a mob of PS5 shoppers caused chaos at the Yodobashi Camera retailer in Tokyo’s Akihabara. The police were called and sales were halted. Famitsu now reports that the retailer has instituted requirements to purchase the Sony console.Read more

EasyFi Showcases Digital ID-Based Credit Solution for DeFi; Upcoming ProBit Exclusive On February 3

29.1.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists. Following the partnership between ProBit Exchange and EasyFi to consolidate the current divide between centralized and decentralized finance, EASY will now be featured on the upcoming ProBit Exclusive...

Major payments firm SIA to launch DLT-based secondary credit marketplace

27.1.2021
Italian financial services firm SIA plans to launch an Ethereum-based platform for secondary credit trading in the second half of 2021

Major Darknet Marketplace for Stolen Cards Shuts Down After Making Over $1 Billion in Bitcoin

20.1.2021
The longest-running marketplace for stolen credit cards on the darknet has announced the shutting down of its services. The administrator of Joker’s Stash, founded in 2014, stated that the site would be taken down in February. Site Generated Over $1 Billion in BTC ‘Over the Past...

Gemini exchange to launch credit card with 3% cashback rewards paid in Bitcoin

14.1.2021
Gemini Credit Card will allow users to earn rewards paid in Bitcoin and other cryptocurrencies

Winklevoss-Founded Gemini to Offer Credit Card With Crypto Rewards

14.1.2021
Gemini, the cryptocurrency exchange and custodian founded by the Winklevoss brothers, has launched the Gemini Credit Card offering cryptocurrency rewards. Read more: Gemini Donates $50K to HRF to Help Fund Another Round of Bitcoin Developers in 2021

Visa abandons $5.3B Plaid acquisition in the face of DoJ antitrust suit

12.1.2021
The Justice Department's November suit has reversed the planned merger

Vietnamese bank issues its first letters of credit on the blockchain

6.1.2021
HDBank has processed its first L/C transactions since joining the Contour platform for international trade

American Express’ Venture Arm Invests in a Cryptocurrency Trading Platform

19.12.2020
American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading clients. Amex’s investment, which was announced during a record-breaking week for bitcoin, underscores the credit card issuer’s...

Mastermind of $25 Million Crypto Debit Card Scheme Sentenced to Prison

18.12.2020
The mastermind behind a $25 million cryptocurrency debit card scheme has been sentenced to one year and one day in prison, in addition to three years of supervised release. The authorities have also seized his cryptocurrency. $25 Million Crypto Credit Card Scheme The U.S. Department of Justice...

Mastercard Severs Ties With Pornhub — Is Mainstream Crypto Adoption Coming for the Porn Industry?

11.12.2020
Global payment companies Mastercard announced on December 10, 2020, its official decision to ban their customers from using credit and debit cards to arrange purchases on one of the biggest adult websites. Visa has taken the same measure on a temporary basis. Mastercard Cuts Ties With Pornhub...

'A flood of money and credit' — Ray Dalio new Bitcoin praise echoes MicroStrategy

9.12.2020
The billionaire warns about incoming asset inflation while recommending Bitcoin and gold as he continues warming to cryptocurrency

Travala in Crypto Transactions Boost, Bitcoin Outstrips Credit Card Sales

7.12.2020
Travel booking website Travala said it is enjoying healthy growth, despite the coronavirus pandemic – and its recent decision to green-light crypto payments appears to be playing a very large part. Per data unveiled in a blog post, the firm said that its revenues grew to some USD 920,000...

DeFi Catches up to Ethereum 2.0’s Pace: Weekly Market Review by TokenInsight

4.12.2020
Markets usually show better performances around the end of the year, especially as good news tends to be released inContinue Reading The post DeFi Catches up to Ethereum 2.0’s Pace: Weekly Market Review by TokenInsight appeared first on CoinMarketCap Blog