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July 2022

85% of merchants see crypto payments as a way to reach new customers: Survey

85% of merchants see crypto payments as a way to reach new customers: Survey

Leave a Comment / Bitcoin News, Business /

The crypto payment report noted that crypto payment fees are around 1%, which is much lower than other payment options that charge between 1.5% and 3.5% While the market goes steady, the crypto ecosystem continues to grow as merchants innovate and adopt cryptocurrency payments in their quest to gain new customers. Data platform PYMNTS collaborated […]

85% of merchants see crypto payments as a way to reach new customers: Survey Read More »

PROOF OF RESILIENCE — ZIMBABWE CAN USE BITCOIN TO CHANGE ITS FUTURE

PROOF OF RESILIENCE — ZIMBABWE CAN USE BITCOIN TO CHANGE ITS FUTURE

Leave a Comment / Bitcoin News /

Zimbabwe, currently faced with incredible inflation and tough sanctions, could massively benefit from increased adoption of the open network of Bitcoin. THE SMALL STEPS TO RESILIENCE “Scalability is the essential property of money. It is the ability for a good to be sold easily on the market, without much loss in its value.” —Saifedean Ammous

PROOF OF RESILIENCE — ZIMBABWE CAN USE BITCOIN TO CHANGE ITS FUTURE Read More »

Microsoft’s billion Activision takeover faces competition probe in the UK

Microsoft’s $69 billion Activision takeover faces competition probe in the UK

Leave a Comment / Business /

KEY POINTS The CMA said it will consider whether Microsoft’s Activision takeover may harm competition through higher prices or reduced choice. Antitrust enforcers around the world are lining up to review the $68.7 billion deal, which was announced in January. If approved, the acquisition would have huge implications for the $190 billion video game industry.

Microsoft’s $69 billion Activision takeover faces competition probe in the UK Read More »

Binance Partners with Payment Platform Latam Gateway, Resuming Deposits and Withdrawals Service

Binance Partners with Payment Platform Latam Gateway, Resuming Deposits and Withdrawals Service

Leave a Comment / CeFi News /

Cryptocurrency exchange Binance has announced a partnership with Brazilian payments platform Latam Gateway to restore deposits in Brazilian reals in the region. Latam Gateway helps clients monetize their digital business in Latin America through local and instant payments, developing an exclusive technology to increase sales conversion in this region. On June 17, Binance said, “represented

Binance Partners with Payment Platform Latam Gateway, Resuming Deposits and Withdrawals Service Read More »

Singapore Considers Imposing New Restrictions on Crypto Trading

Singapore Considers Imposing New Restrictions on Crypto Trading

Leave a Comment / Cryptocurrency, Regulation /

The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing additional restrictions on cryptocurrency trading. They include “placing limits on retail participation, and rules on the use of leverage when transacting in cryptocurrencies.” MAS Considers New Restrictions on Crypto Trading Tharman Shanmugaratnam, the minister in charge of the Monetary

Singapore Considers Imposing New Restrictions on Crypto Trading Read More »

Polygon Joins Solana in Bringing Web3 to Smartphones

Polygon Joins Solana in Bringing Web3 to Smartphones

Leave a Comment / NFTs /

Tech startup Nothing has tapped the Polygon network to offer NFTs on its new phone. Ethereum scaling tool Polygon is following the Solana blockchain in bringing Web3 to smartphones with a new partnership with tech startup Nothing. Nothing has tapped the Polygon network to offer non-fungible tokens (NFTs) on its new Android-based Nothing Phone (1).

Polygon Joins Solana in Bringing Web3 to Smartphones Read More »

Circle’s USDC on track to topple Tether USDT as the top stablecoin in 2022

Circle’s USDC on track to topple Tether USDT as the top stablecoin in 2022

Leave a Comment / Stablecoins /

The USDT-to-USDC market cap ratio fell to its lowest ever in July 2022. The growth of Circle’s native stablecoin USD Coin (USDC) in the last two months compared to its $66-billion rival giant Tether (USDT) is nothing short of spectacular. USDT, USDC market cap ratio hits the lowest on record Notably, USDC’s market capitalization has

Circle’s USDC on track to topple Tether USDT as the top stablecoin in 2022 Read More »

Lamborghini-backed GT racing team to authenticate car parts using NFTs

Lamborghini-backed GT racing team to authenticate car parts using NFTs

Leave a Comment / Business, NFTs /

Former racing champion Vincenzo Sospiri said that this will allow them to monitor and ensure the quality of their car parts. Vincenzo Sospiri Racing (VSR), a GT racing team backed by Lamborghini’s motorsport department, has announced its partnership with nonfungible token (NFT) platform Go2NFT to launch a program that certifies racing car parts. In an announcement sent

Lamborghini-backed GT racing team to authenticate car parts using NFTs Read More »

DESPITE THE PRICE, GREAT THINGS ARE HAPPENING IN THE BITCOIN ECOSYSTEM

DESPITE THE PRICE, GREAT THINGS ARE HAPPENING IN THE BITCOIN ECOSYSTEM

Leave a Comment / Bitcoin News /

Though the bitcoin price is bringing the overall sentiment down, many exciting things are happening in Bitcoin that will make this price drop temporary. The current bear market is on everyone’s minds. Doom and gloom are in every chart and metric. However, there is a lot to be excited about for Bitcoin HODLers and followers.

DESPITE THE PRICE, GREAT THINGS ARE HAPPENING IN THE BITCOIN ECOSYSTEM Read More »

Bank of England’s Bailey warns global economic outlook has ‘deteriorated materially’

Bank of England’s Bailey warns global economic outlook has ‘deteriorated materially’

Leave a Comment / Global Financial News /

KEY POINTS The Bank of England said Tuesday that the global economic outlook has “deteriorated materially” and warned of possible further shocks to come. Governor Andrew Bailey blamed Russia’s invasion of Ukraine for piling further pressure on commodity prices and already rising inflation. “It is the right time to lock in resilience so that we

Bank of England’s Bailey warns global economic outlook has ‘deteriorated materially’ Read More »

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