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Crypto News Summary: Bitcoin Mining Difficulty (Re)Breaks Record, NFT Can Be Property in Singapore, Ed Sheeran's Hacker Imprisoned
24.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Bitcoin Mining Difficulty (Re)Breaks Record, NFT Can Be Property in Singapore, Ed Sheeran's Hacker...
Fireblocks launches crypto payment engine with Checkout.com and Worldpay as pilot partners
24.10.2022
Checkout.com settled $1 billion in stablecoin transactions during its initial pilot phase of Payments Engine
Fireblocks Furthers Push Into Payments With Tools Suite Launch
24.10.2022
The new “payment engine” will allow merchants to quickly access funds from customer sales through instant fiat-to-stablecoin conversion
Russian Parliament Rejects Mining Bill Allowing Crypto Payments, Expects New Draft
24.10.2022
The lower house of Russian parliament, the State Duma, has voted against a piece of legislation designed to regulate cryptocurrency mining. While lawmakers turned down that proposal, which also aimed to legalize crypto payments in the country, another draft law on mining, which permits cross-border...
Japan’s International Payments System will test plastic cards for CBDC
24.10.2022
Japan Credit Bureau will develop its CBDC infrastructure in collaboration with IDEMIA and Softspace
Celsius Network defaults on payments to Core Scientific, causing financial unrest
21.10.2022
Core Scientific claims to be losing approximately $53,000 per day to cover the increased electricity tariffs that Celsius refuses to pay
Acting US FDIC head cautiously optimistic about permissioned stablecoins for payments
20.10.2022
Acting Federal Deposit Insurance Corporation chairman Martin Gruenberg said the agency needs more information about crypto, and the crypto industry needs to understand the FDIC better
Walmart CTO says crypto will become a 'major' payments disruptor
18.10.2022
Suresh Kumar suggested that crypto will become an important payment tool across the Metaverse and social media, as these areas will be a major way customers discover new products
Mastercard to Help Banks Offer Crypto Trading — Executive Says Crypto Is on the ‘Cusp of Really Going Mainstream’
18.10.2022
Payments giant Mastercard has introduced a new program called Crypto Source to enable financial institutions to offer crypto trading and other related services to their customers. Mastercard has partnered with Paxos Trust Company to support this program. A Mastercard executive says that crypto...
Crypto News Summary: Bitstamp Integrates PayPal, Dubai Police Works in Metaverse
17.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Bitstamp Integrates PayPal, Dubai Police Works in Metaverse
Mastercard taps Paxos to launch crypto trading for banks
17.10.2022
Mastercard will deploy its technology to integrate crypto trading into banks’ interfaces, while Paxos is set to provide its trading and custody services
Brazilian City of Curitiba Mulls Crypto Acceptance for Tax Payments
17.10.2022
The city of Curitiba, in Brazil, is now studying the possibility of accepting cryptocurrency payments for taxes. Noemia Rocha, a city councilor for Curitiba, presented this project to the executive to study the method by which the municipality could accept cryptocurrencies for these payments using...
Why crypto remittance companies are flocking to Mexico
16.10.2022
Mexico has a burgeoning crypto remittance market that has immense potential
Chinese Researchers Propose Asian Digital Currency to Reduce Reliance on US Dollar
15.10.2022
Experts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency that could lower Asia’s reliance on the greenback. The initiative comes against the backdrop of an expanding digital yuan pilot, and after recent trials of cross-border payments...
Report: Paypal HK Halts Hong Kong Pro-Democracy Group’s Payments Over ‘Excessive Risks’
15.10.2022
According to a report from a pro-democracy group in Hong Kong, Paypal HK has reportedly stopped processing payments for the League of Social Democrats (LSD). The pro-democracy group said that they were “stunned” to hear the news, and they now have “one less way [to collect...
War Spurs Crypto Activity in Russia and Ukraine, Chainalysis Reports
15.10.2022
The deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to several spikes in transaction volumes this year, the blockchain forensics firm has found, while Eastern...
Crypto Biz: $470B bank enters crypto — Probably nothing, right?
14.10.2022
Another major financial institution has signaled its intent to offer Bitcoin and Ether services to its clients
Bitcoin Gaming and Payments Company ZEBEDEE Launches New Open Source Bitcoin Initiative
14.10.2022
The initiative has already cranked out five Lightning-related projects on GitHub
Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says
14.10.2022
Spending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the end of August, the country’s monetary authority revealed. More than 5 million merchants now accept the digital yuan in 15 Chinese regions as Beijing continues to expand the pilot areas....
Popular Bitcoin Astrologer’s Star Falls on Twitter Following $30K in Celsius Payments
14.10.2022
Twitter critics accused Maren Altman, who has more than 1.8 million social media followers, of not being forthcoming about her deal with the now bankrupt crypto lender, but the influencer says her marketing sponsorship role was no different than doing fashion ads for the company