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June 2022

Deloitte Survey: 85% of Merchants Say Enabling Crypto Payments Is High Priority

Deloitte Survey: 85% of Merchants Say Enabling Crypto Payments Is High Priority

A survey conducted by Deloitte in collaboration with PayPal found that over 85% of merchants “are giving high or very high priority to enabling cryptocurrency payments.” In addition, “nearly three-quarters of those surveyed reported plans to accept either cryptocurrency or stablecoin payments within the next 24 months.” Majority of Merchants Surveyed Plan to Enable Crypto […]

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Marathon Digital Bitcoin Production Weaker Than Hoped in May

Marathon Digital Bitcoin Production Weaker Than Hoped in May

The company continues to “HODL” all of its mined bitcoin, with 9,941 coins worth $315.1 million on its balance sheet as of June 1. Bitcoin miner Marathon Digital (MARA) in May experienced energization delays in Texas and ongoing maintenance issues at its Hardin, Montana, facility, leading to the production of about 47% fewer bitcoins than

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‘The metaverse will empower human beings,’ declares Qatar Airways

‘The metaverse will empower human beings,’ declares Qatar Airways

Qatar Airways plans to launch NFTs and enable metaverse ticket purchases for physical flights. Qatar Airways announced Tuesday that it had launched its first metaverse experience, QVerse. This virtual reality platform allows interested parties can virtually visit and navigate the Premium Check-in area at the International Airport of Hamad (HIA). According to the company’s statements to Cointelegraph,

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Mastercard to Enable Payments for NFTs, Web3

Mastercard to Enable Payments for NFTs, Web3

Mastercard has announced that the payment company is working to enable non-fungible token (NFT) commerce with Immutable X, Candy Digital, The Sandbox, Mintable, Spring, Nifty Gateway, and Web3 infrastructure provider MoonPay. “We’re working with these companies to allow people to use their Mastercard cards for NFTs purchases, whether that’s on one of these companies’ marketplaces

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Mercadolibre Inks Partnership With Mastercard to Secure Its Crypto Ecosystem in Brazil

Mercadolibre Inks Partnership With Mastercard to Secure Its Crypto Ecosystem in Brazil

Mercadolibre, one of the biggest “e-tailers” in Latam, has partnered with credit giant Mastercard to make use of its tech to secure the cryptocurrency ecosystem of the company. Through this partnership, Mercadolibre will be able to use Mastercard’s Ciphertrace technology, to allow the company to enhance the control and security of the crypto transactions in

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GEM MINING RELEASES BITCOIN MINING UPDATE FOR MAY

GEM MINING RELEASES BITCOIN MINING UPDATE FOR MAY

GEM Mining released production updates for the month of may showing a 25% decrease in revenue. The company increased its total bitcoin miners and hash rate, however the increased difficulty of mining and lower average BTC inevitably made the difference. Year-to-date, GEM Mining has produced 1,160 BTC valued near $34.8 million. GEM Mining, a privately

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Binance Labs Among Backers of .6M Round for Discord Game Tatsumeeko

Binance Labs Among Backers of $7.6M Round for Discord Game Tatsumeeko

The round for the fantasy MMORPG was co-led by DeFinance Capital, Delphi Ventures and BITKRAFT Ventures. Tatsumeeko, a Discord-first fantasy massively multiplayer online role-playing game (MMORPG), has completed a $7.6 million seed funding round co-led by DeFiance Capital, Delphi Ventures and BITKRAFT Ventures. The capital will be used to continue development on the game, which

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FOOD CHAIN EVERBOWL ACCEPTS FRANCHISE FEE PAYMENT IN BITCOIN

FOOD CHAIN EVERBOWL ACCEPTS FRANCHISE FEE PAYMENT IN BITCOIN

An entrepreneur from Ohio paid Everbowl franchise fees in bitcoin for two new locations following the company’s adoption of a Bitcoin standard. Everbowl, a fast-paced superfood chain, just accepted its first franchise fees paid in bitcoin. The company announced this offering earlier this year while also allowing corporate employees to be paid in bitcoin. Prior

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