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Paypal Enables Cryptocurrency Payments at Millions of Stores With ‘Checkout With Crypto’ Launch
30.3.2021
Payments giant Paypal has launched the “Checkout With Crypto” service to allow consumers to make payments at millions of merchants using cryptocurrencies in their Paypal wallets. “This is the first time you can seamlessly use cryptocurrencies in the same way as a credit card or...
Aurus Brings the DeFi Revolution to Precious Metals
30.3.2021
Aurus is embracing the concept of DeFi to disrupt the precious metals industry. The firm has built a truly decentralised platform which allows companies like refineries, distributors and vaults to autonomously tokenise precious metals. The ingenious part of the Aurus system is their revenue-sharing...
More Stimulus Coming? President Biden and Senate Democrats Press for Another $3 Trillion
30.3.2021
On the heels of the last stimulus package, U.S. President Joe Biden is creating more legislation that may lead to a massive $3 trillion package dedicated to domestic needs and infrastructure. The recent discussions with Biden and Senate Democrats honed in on the political party’s “Build...
Major Venezuelan Satellite TV Provider Enables Bitcoin and Other Cryptocurrencies Payments
30.3.2021
Venezuelan customers from the biggest satellite TV provider in the country are now able to pay their monthly bills via cryptocurrencies. Simple TV announced it had enabled the feature to its over four million users, whose company was the replacement of Directv. Company Expects to Cut Dependency...
State Grid Corporation of China Selects Wanchain’s Blockchain Technology to Upgrade National Data Management System
30.3.2021
PRESS RELEASE. The State Grid Corporation of China will be adopting blockchain interoperability platform Wanchain’s technology for their national data management system. 30th March, 2021, Beijing, China – Wanglu Tech Ltd. (“Wanchain”) is pleased to announce that the State...
Spanish Island Government Decides to Sell Its Bitcoin Investment by Citing ‘Ethical’ Reasons
30.3.2021
Bitcoin is not liked by everyone from the Island Council of Tenerife, Spain. At least that’s what was suggested by its president, Pedro Martín, who ordered the sale of the local government’s investment in cryptocurrency. Bitcoin Is an ‘Opaque’ Currency, Martín Says...
Tron’s Justin Sun Unveils NFT Fund Aimed at Art Acquisition
30.3.2021
Hot on the heels of a recent winning auction bid for Beeple’s “Ocean Front” NFT, Justin Sun is making another splash in the NFT market following his decision to seed an investment fund that collects high-profile works of art. Fund Just One Leg of Sun’s Ambitions in The...
South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation
30.3.2021
New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African...
Developers Launch the First Hosted Noncustodial Payment Processor for Bitcoin Cash Payments
29.3.2021
Bitcoin Cash proponents have recently been introduced to a new noncustodial payment processor called Prompt.cash. The platform provides merchants with a simple way to accept peer-to-peer electronic cash payments and can also generate a new address per invoice. Prompt.cash: A Hosted Noncustodial...
Exotic Car Rental MPH Club Now Accepts Bitcoin
29.3.2021
PRESS RELEASE. MPH Club announced that they will allow their clients to pay in bitcoin to rent cars. MPH Club is a Miami-based exotic and luxury car rental that allows their customers to vacation in style. Their fleet includes the newest models from Lamborghini, Ferrari, McLaren, Rolls Royce,...
Soros CIO: Central Bank Digital Currencies a Real Threat to Crypto but Won’t Permanently Destabilize Bitcoin
29.3.2021
Soros Fund Management’s chief investment officer (CIO) says that central bank digital currencies are a potential threat to bitcoin and other cryptocurrencies but it will only be temporary. She also says that bitcoin is taking some of gold’s buyer base away. Crypto’s...
Pro Baseball Team the Oakland A’s Plans to Hold Bitcoin Obtained from Ticket Sales
29.3.2021
The president of the American pro baseball team the Oakland Athletics (A’s) recently discussed the ballclub accepting bitcoin for full season suites on Bloomberg TV. A’s president Dave Kaval explained that the team will be holding the crypto asset it obtains from sales, rather than...
Youtuber Builds a Bitcoin Miner Out of a 31-year old Nintendo Game Boy
29.3.2021
On Saturday, a popular Youtuber named Stacksmashing published a video that shows him hacking a 1989 Nintendo Game Boy in order to mine bitcoin. Despite the creativity and the fact that the miner only leverages four double-A batteries, Stacksmashing noted that the 8-bit handheld game console was...
Travel Giant Webjet (WEB:ASX) Enters Crypto through an Unprecedented $4.1M Deal with LockTrip.com
29.3.2021
Australia-based superbrand Webjet recognizes the value potential of the blockchain startup LockTrip and joins its mission by securing the rights for up to a 51% stake in what is a unique deal for the blockchain space. Summary of Article Travel Industry Leader Webjet Limited to invest up to $8.3M...
Payment Giant Visa Integrates USDC Stablecoin Support for Settlement
29.3.2021
On Monday, the American multinational financial services corporation Visa announced that digital currency payments have arrived on Visa’s settlement platform. The payment giant revealed that the company will leverage USD coin (USDC), the regulated token built on top of the Ethereum network....
South African Regulator Zeroes in on Scams and Unregulated Firms in Its Second Crypto ‘Health Warning’
29.3.2021
South African regulator the Financial Sector Conduct Authority recently issued its second crypto “health warning” after it noticed increased reports of crypto-related losses suffered “in the past three months.” In the warning, the regulator reminds investors that since...
New Zealand Fund Invests 5% in Bitcoin— CIO Says You ‘Can’t Really Discount Bitcoin’
29.3.2021
A New Zealand hedge fund, NZ Funds Management, which had $350 million worth of assets under management at the end of December 2020, says five percent of its money is invested in bitcoin. According to the firm’s CIO James Grigor, ​bitcoin is also set to be featured in more of...
Indian Government Now Requires Companies to Disclose Cryptocurrency Holdings
29.3.2021
The Indian government has introduced new cryptocurrency disclosure rules. Companies dealing in cryptocurrencies will have to disclose their crypto holdings, among other disclosures, as part of their financial statements beginning April 1. New Crypto Disclosure Requirements The Indian Ministry...
Boomers Next to Adopt Crypto, a Trillion Dollars Could Flow Into Bitcoin Over the Next Year, Says Novogratz
29.3.2021
Galaxy Digital CEO Mike Novogratz has predicted that as much as a trillion dollars could flow into bitcoin over the next year as wealthy baby boomers get into cryptocurrency. With the example of Morgan Stanley, he says that more banks will start offering bitcoin exposure to their customers....
The Fed Plans to Unveil Digital Dollar Prototypes in July
28.3.2021
The Federal Reserve is actively working on a central bank digital currency and some prototypes are near completion. The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) plan to unveil two prototypes of a digital dollar as early as July. Digital Dollar Prototypes...