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“# Supercar maker Mazzanti Automobili launches security token offering ” Italian luxury car manufacturer Mazzanti Automobili has launched its security token offering on regulated digital marketplace STOKR. As part of the offering, Mazzanti aims to raise 999,999 euros ($1.2 million) on STOKR to develop a special edition of its hypercar model Evantra Millecavalli R. According…
“# As Visa and Mastercard raise fees, merchants may look to crypto ” Credit card providers charge merchants a cut of the payments they accepted, called interchange fees or swipe fees. With two major card providers aiming to elevate rates, could crypto become an alternative? “Visa Inc. and Mastercard Inc. are planning to raise swipe…
“# Total estimated crypto users worldwide tops 100 million, survey finds ” Crypto exchange and debit card provider Crypto.com has published a new report estimating that the total number of crypto users globally rose from 66 million in May 2020 to 106 million by January. Given the complexity of mapping unique crypto wallet addresses onto…
“# MicroStrategy purchases another $1 billion worth of Bitcoin, now owns 90,000 BTC ” Business intelligence firm MicroStrategy increased its Bitcoin (BTC) holdings by 27% on Wednesday after purchasing an additional 19,452 coins, taking its total haul to 90,531 BTC. Announced on the company’s website on Wednesday, the coins were reportedly purchased for approximately $52,765…
“# Alameda Research doubles down on Maps.me, invests $40 million in Oxygen ” How much are 140 million users worth? After a $50 million direct investment in travel app Maps.me earlier in the year, Alameda Research has announced today a $40 million investment in decentralized finance protocol Oxygen, a Solana-based lending platform that will plug…
“# Square doubles down on Bitcoin, investing another $170M ” Financial services outfit Square just announced it has picked up more Bitcoin. Square “has purchased approximately 3,318 bitcoins at an aggregate purchase price of $170 million,” the company said in a public statement on Tuesday, adding: “Combined with Square’s previous purchase of $50 million in…
“# Crossing the crypto chasm: Paving the way to mass adoption ” Since its inception in 2009, cryptocurrency has become both a cultural and financial phenomenon. As news headlines tout its ever-increasing exchange values and disruptive potential, investors and banking experts have gone into a frenzy. And yet, while digital money is on a lot…
“# Bitwise assets under management hit $1B, fueled by professional investors ” Bitwise, a leading cryptocurrency fund manager, reported another major milestone on Tuesday, as assets under management for its digital asset funds crossed $1 billion for the first time. The Bitwise 10 Crypto Index Fund, which provides diversified exposure to Bitcoin (BTC) and other…
“# 1 billion people will store life savings on their phone in Bitcoin by 2026 — MicroStrategy CEO ” Bitcoin (BTC) will be the savings method of choice for one billion people on their phones by 2026, MicroStrategy CEO Michael Saylor predicts. In an interview with CNBC on Feb. 23, Saylor, whose company owns in…
“# The United Arab Emirates chase crypto and blockchain adoption ” For a long time, the United Arab Emirates has been one of the most progressive crypto countries in the world. For example, government-owned licensing firm Kiklabb allows clients to pay for their visa and trade license fees via various digital assets to the Dubai…