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“# Consumer-merchant mismatch slows down mainstream crypto adoption: Survey ” The secret to fast-track cryptocurrency’s mainstream adoption lies within addressing a contradicted consumer demand for crypto payments across business verticals, reveals a new survey. In a study participated by crypto exchange Crypto.com’s 110,000 customers and over 1.5 million Worldpay merchants, roughly 60% of both merchants…
“# 61% of Luxembourg financial players to embark on crypto journey in 2022: PwC ” In a bullish report released by professional services firm PwC Luxembourg, 61% of 123 Luxembourg-based financial players are “embarking or planning to embark on a crypto journey.” The report comes hot on the heels of competitor professional services firm KPMG…
“# Red Bull Racing scores $150M sponsorship with Bybit ” Following Red Bull Racing’s most recent wins at Formula One (F1), the racing team scores a three-year partnership with Singapore-based crypto trading platform Bybit for $50 million per year. According to the announcement, the fee will be paid in a combination of fiat and BitDAO…
“# Here’s how much digital yuan is being used at the Olympics, according to the PBoC ” The 2022 Winter Olympics participants, visitors and organizers could be spending more than $300,000 in China’s digital yuan every day, according to new reports citing officials from the People’s Bank of China (PBoC). The e-CNY, China’s central bank…
“# Fed never did it: US Senate Banking head lashes out at Super Bowl crypto ads ” The Super Bowl advertisements by crypto companies including Coinbase, FTX, and several others ruled the social media and news headlines for their out-of-the-box approach. However, The United States Senate Banking Committee chief Sherrod Brown was not impressed and…
“# FSB wants more data to measure risks of Bitcoin, stablecoins, DeFi ” The Financial Stability Board (FSB), a global financial authority funded by the Bank for International Settlements, has released a new report on the financial stability risks associated with cryptocurrencies. Published on Wednesday, the 30-page study details a number of financial risks related…
“# Aussie trading platform SelfWealth to offer crypto trading to its 325K users ” Publicly-listed company SelfWealth (ASX: SWF) has reportedly become the first Australian online share trading platform to offer cryptocurrency investing after announcing a deal with the local crypto exchange BTC Markets. In an interview with Cointelegraph, BTC Markets CEO Caroline Bowler stated…
“# CryptoPunks community reacts to the ongoing copyright battle between v1 and v2 ” During its initial release, 10,000 CryptoPunks were sold and made it to the secondary market before users discovered a critical smart contract exploit that made it possible for Punks’ buyers to withdraw their Ether (ETH) post-purchase. As a result, creator Larva…
“# OpenSea customer service migrating from Discord to Metalink to more adequately protect its community ” On Tuesday, nonfungible token, or NFT, platform OpenSea launched a server on Metalink to give the verified owners of its collections a direct channel for support, feedback and updates. In addition, OpenSea said it would no longer offer customer…
“# What are the top metaverse projects besides The Sandbox and Decentraland? | Watch The Market Report live ” This week on “The Market Report,” we jump right into our main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth, Sam Bourgi and Ornella Hernández as they debate each other on the top metaverse projects on…