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Priest Allegedly Spent $40,000 On Candy Crush Using Church's Credit Card
30.4.2024
A Catholic priest in Pottstown, Pennsylvania allegedly used a church credit card to spend over $40,000 on “power-ups” in mobile games Mario Kart Tour and Candy Crush over a three-year span.Read more
Valentine’s Day in the Metaverse: Fostering Inclusion and Connection
14.2.2024
Valentine’s Day is often viewed as one of the most romantic holidays, yet celebrating love can create a huge amount of stress and pressure for some individuals. Recent statistics from Drive Research found that while 52% of consumers will celebrate Valentine’s Day, 3 in 10 Americans will go into...
Coinbase States Americans Could Have Saved at Least $74 Billion Using Crypto
10.2.2024
Coinbase, a leading U.S. cryptocurrency exchange, claims that Americans could have saved at least $74 million in 2022 by leveraging crypto tech instead of using credit cards as payment options. In its latest State of Crypto report, Coinbase reveals how traditional finance system institutions keep...
Blockchain Could Have Saved Americans $74 Billion on Credit Card Fees: Coinbase
7.2.2024
Coinbase, a leading cryptocurrency exchange, has emphasized the potential of blockchain technology to save American consumers billions of dollars in its latest “State of Crypto Report,” released on Wednesday. According to the report, consumers could have collectively saved a minimum...
South Korea Proposes Ban on Credit Card Crypto Purchases
9.1.2024
Amidst a national surge in crypto trading, South Korea’s FSC is proposing a significant change to their credit finance laws, potentially barring citizens from the use of credit cards in cryptocurrency transactions. South Korea Aims to Tighten Crypto Regulations with Proposed Credit Card...
Apple Ends Partnership With Goldman Sachs as Tech Giant Expands into Lending
29.11.2023
Source: Adobe / twinsterphoto Apple has decided to terminate its credit-card partnership with Goldman Sachs as the tech giant pushes deeper into consumer lending. Apple recently submitted a proposal to Goldman Sachs, outlining its intention to exit the contract within the next 12 to 15 months...
Xbox Has Made A Gamer Credit Card
11.9.2023
If the last time you were at the store you thought, “I wish it was more clear that I am a gamer while buying these groceries,” then Xbox has a solution for you: the official Xbox Mastercard. Announced in an Xbox news blog on September 11, the new Xbox Mastercard (issued by Barclays) will let...
Nexo Mastercard Adds Credit and Debit Toggle to Optimize Crypto Usage
1.9.2023
Nexo has introduced a new “Dual Mode” feature on its cryptocurrency Mastercard, allowing users to switch between debit and credit functions to optimize cryptocurrency spending. Nexo Unveils Dual Mode Card Capabilities to Streamline Crypto Payments Nexo‘s new feature enables...
Today in Crypto: WeChat & Alipay Enable Foreigners to Pay at Chinese Retailers, ETH 699,816 Paid as Royalties to NFT Projects on Ethereum, Hana Bank & Woori Bank 'Interested in Certificate of Deposit' Tokens
24.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: WeChat & Alipay Enable Foreigners to Pay at Chinese Retailers, ETH 699,816 Paid as Royalties to...
LBank Launches Global First Unlimited Crypto Credit Card, Breaking Boundaries in Cryptocurrency Payments
3.7.2023
PRESS RELEASE. LBank, the world-leading cryptocurrency exchange, is soon to launch the world’s first unlimited cryptocurrency credit card, aiming to break down the barriers of cryptocurrency payments. The card, available in both virtual and physical forms, allows users to make any consumer...
Record High Credit Card Debt: 55% of Americans Concerned About Repayment as Inflation Pushes Consumers to Credit Reliance
24.6.2023
According to a Newsweek poll conducted by Redfield & Wilton Strategies, 55% of Americans are “very” or “fairly” concerned about paying off credit debt this year. The total credit card balance of Americans is at its highest point since the U.S. Federal Reserve began...
Robinhood buys credit card fintech X1 for $95M
22.6.2023
In 2022, X1 claimed to have 500,000 people on its waiting list for a credit card. Over the past two years, the startup has raised $62 million from venture capital firms
How to use credit cards wisely to avoid debt
9.6.2023
Discover effective strategies and best practices to use credit cards wisely and avoid debt
Hedge Fund Mogul Stanley Druckenmiller Warns of ‘Hard Landing’ for US Economy
15.5.2023
Billionaire hedge fund manager Stanley Druckenmiller has a dire prediction for the U.S. economy: a recession is looming, and it’s likely set to hit this June. Druckenmiller’s forecast comes as American consumer spending remains low, and is largely driven by credit card usage. Druckenmiller,...
Today in Crypto: US Authorities Crack a $3.4 Billion Silk Road Heist Case, Striga Launches Program for Entities to Issue Crypto Cards, Push Protocol Reveals ‘Wallet-to-Wallet’ Video Chat
13.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: US Authorities Crack a $3.4 Billion Silk Road Heist Case, Striga Launches Program for Entities to Issue...
PayPal and the credit card industry are taking advantage of consumers
4.4.2023
Stablecoins offer a way for consumers — particularly Americans — to escape the financial industry’s punitive transaction fees
‘Big Short’ Investor Michael Burry Says He Was Wrong to Advise Selling; Congratulates ‘BTFD Generation’
2.4.2023
Famed “Big Short” investor Michael Burry tweeted Thursday, telling his 1.4 million followers, “I was wrong to say sell.” The tweet follows Burry’s warning for months that the U.S. was headed for an “extended multi-year recession” and his decision to dump...
Study Shows QR and Digital Payments Continue Gaining Ground in Argentina
14.3.2023
A recent study made by Fiserv, a global payments company, shows that QR and digital wallets have grown significantly as payment options in Argentina. While credit card preference has stagnated, the use of cash for payments has decreased, with only 14% of the polled choosing to use it over other...
Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner
4.3.2023
On March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from its partner as the reason for the suspension of USD deposits via bank transfers and the SWIFT network. Bybit Suspends USD Deposits, Wire...
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...