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“# Afterpay tells Senate inquiry crypto could slash merchant payment costs ” Australian buy now pay later (BNPL) firm Afterpay believes that local merchants can slash payment costs by utilizing cryptocurrencies. In a submission to the Senate inquiry into “Australia as a Technology and Financial Center”, Afterpay stated that the use of blockchain-based transactions would…
“# McDonald’s now accepts Bitcoin, but only in El Salvador ” El Salvador’s recognition of Bitcoin (BTC) as legal tender has opened up new payment options for its citizens, with fast-food empire McDonald’s reportedly accepting payments in the cryptocurrency through Lightning Network. Journalist Aaron van Wirdum broke the news Tuesday after he visited a McDonald’s…
“# Visa reportedly aims to integrate Bitcoin payments in Brazil ” In a recent interview with local Brazilian news outlet Seu Dinheiro, Eduardo Abreu, Vice President of new business at payments giant Visa, revealed the company’s intentions to integrate crypto assets onto its platform for both payments and as a store of value, including the…
“# Report: CoinSwitch Kuber poised to become India’s second crypto unicorn ” India’s recent past has been tumultuous on the cryptocurrency front, yet the local industry is nonetheless rumored to be on the verge of producing another crypto unicorn. According to an unconfirmed report published Tuesday, sources allegedly familiar with the matter have claimed that…
“# Nifty News: Dolce & Gabbana’s historic NFTs, ’26 minute’ CryptoPunk flip, FTX spammed ” Dolce & Gabbana knocking on the Dior of NFTs Luxury Italian fashion house Dolce & Gabbana is entering the NFT sector with a nine-piece collection of tokenized fashion pieces in collaboration with the Polygon-based UNXD marketplace. The firm was founded…
“# Institutional exposure to altcoin products retests all-time high ” Institutional demand for altcoin exposure has surged to record levels, with the altcoin market share now representing a record 35% of capital locked in crypto investment products. According to CoinShares’ Sept. 7 Digital Asset Fund Flows Weekly report, nearly 40% of the past week’s inflows…
“# Blockchain security company GK8 announces custody partnership with Stellar ” Blockchain cybersecurity company GK8 will be offering custody and tokenization services to the Stellar network, a move that could spark institutional interest in the Stellar Lumen (XLM) token. By integrating with Stellar, customers of GK8 can access XLM investments in a custodial setting, opening…
“# NFL reportedly bans teams from crypto advertisements and NFTS sales ” The United States National Football League (NFL) has reportedly barred all teams and members from crypto-related sponsorships and advertisements, as well as nonfungible token (NFT) sales. According to a report by The Athletic, the NFL has restricted the sale of sponsorships to cryptocurrency…
“# Crypto exchange FTX launches NFT marketplace for US-based customers ” After witnessing the parabolic growth of the nonfungible token (NFT) ecosystem since the turn of the year, popular cryptocurrency exchange FTX has become the latest crypto platform to announce the launch of a native NFT marketplace. Exclusive for United States-based customers, the platform will…
“# BTC Markets taps licensed neobank Volt for integrated banking features ” The banking capabilities of fintech have met cryptocurrencies in a new partnership between Australian crypto exchange BTC Markets and the local neobank Volt. With a license to operate in Australia as an authorized deposit-taking institution since 2019, Volt will provide corporate cash management…