Mastercard is strengthening its foothold in the crypto industry following the launch of crypto-linked payment cards across the Asia-Pacific region on Tuesday. The global payments giant will now offer its clients crypto-funded payment cards that will allow them to convert their digital assets into traditional fiat money in an instant.
Cryptocurrency lending firm BlockFi has filed an application with the United States Securities and Exchange Commission (SEC) to pilot a physically-backed Bitcoin ETF. The Form S-1 filing was submitted to the SEC on Monday. According to official documents, the purpose of the exchange-traded fund is to reflect the key performance
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soAliens - a species which landed on Planet Earth quite some time ago has emerged into the space of NFTs and the Solana Blockchain. soAliens live in Alienville - a small city in the United States of America. We are sure you’re wondering “what, how, when” – let us tell
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Legion Network has been one of the pioneers in cryptocurrency and blockchain technology which envisions creating a unified platform facilitating the varied interests of investors, artists, creators, entrepreneurs, and influencers of the virtual world. When Legion laid out its roadmap for the year ahead, it mentioned launching one of its
The National Police in Madrid have launched a formal investigation following claims of a robbery and attempted kidnapping by a citizen that claimed he was tortured to reveal the private keys of his crypto wallet. The said event happened at Zaryn Dentzel’s apartment on Oct 9. Dentzel, who was
Popular NFT marketplace OpenSea has achieved a new milestone after surpassing $10 billion in its all-time sales volumes. According to data from analytics platform DappRadar, OpenSea’s total sales volume is currently standing at $10.33 billion, miles ahead of its competitors. The milestone is just another accomplishment for what
The total market cap of the cryptocurrency industry is inching closer to a new all-time high of $3 trillion as Bitcoin and several altcoins record massive gains. As of press time, the value of the entire crypto market was at $2.88 trillion, an increase of 4.49% from the
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The government of Kazakhstan is looking to reduce the risks of criminal financial activities in the country by putting local companies working with digital assets under its regulatory scope. According to local reports, the National Parliament of Kazakhstan has passed a bill to make crypto-related businesses go through extra rounds
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Environmental data tracking and monitoring are critical to maintaining a healthy environment and sustaining the lives of humans and animals. However, the majority of the data available today are influenced by politics and corporations. Therefore, it is imperative that we have a data source that functions independently and outside the
As the institutional adoption of cryptocurrencies continues to gain momentum, Luizão Goulart, a member of Brazil’s Chamber of Deputies, has proposed a bill to make crypto payment options available for both public and private sector workers in the country. If the proposed bill is eventually approved, Brazilian workers would
Bank of Canada Governor Tiff Macklem has reaffirmed his view that Bitcoin should not be categorized as a currency because it lacks attributes to be used in transactions. While speaking with CTV news, the governor reiterated his skeptical stance on the digital asset. He noted that Bitcoin is not relevant
Despite the public outcry by crypto advocates over the hotly contested $1.2 Trillion Infrastructure Bill, the United States House of Reps has given a nod to the bipartisan bill. The decision of the house could introduce new levels of reporting and taxation requirements on the cryptocurrency sector in the
The Global Head of Equity at Jefferies, Christopher Wood, has joined the group of investors that are ditching gold for more Bitcoin exposure. He has reduced his position in gold to expand his investment in the world’s largest cryptocurrency. Wood believes that traditional financial institutions like banks should focus
According to the head of the People’s Bank of China’s Digital Currency Institute, Mu Changchun, the total number of individuals and institutions holding digital yuan wallets reached 140 million and 10 million, respectively at the end of October 2021. During the Hong Kong Fintech Week conference last week,
Mobile payment solutions provider Square Inc. has published its quarterly earnings report, which includes details of its Bitcoin profits. The firm confirmed that it realized $1.8 billion in Bitcoin revenue during Q3 2021, an 11% increase on a year-to-date basis. This translates to a gross profit of $42 million,
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PolyDex has joined the Celo ecosystem, allowing the company to enter the blockchain space for mobile. Celo is part of the new wave of blockchains aiming to democratize finance and offer anyone a chance to participate in the ongoing market changes. The cooperation is not just one of a kind