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“# NFL wunderkind Trevor Lawrence inks crypto endorsement deal with Blockfolio ” Trevor Lawrence, the presumptive number-one pick in the upcoming National Football League draft, has signed an endorsement deal with crypto portfolio-tracking platform Blockfolio. According to a report on Monday by the New York Times, the quarterback prodigy has already received a signing bonus…
“# Demand for PayPal’s crypto offering exceeded all expectations, CEO says ” The demand for cryptocurrency exceeded PayPal’s initial expectations after the firm launched crypto trading in late 2020, according to the company’s CEO. “Demand on the crypto side has been multiple-fold to what we initially expected. There’s a lot of excitement,” PayPal president and…
“# Ethereum creator donates 100 Ether and Maker to Indian COVID-19 relief ” Ethereum creator Vitalik Buterin has contributed 100 Ether (ETH) and 100 Maker (MKR) tokens to a COVID-19 relief fund, as the country finds itself embroiled in the virus’ second wave. Buterin contributed to a “crypto-COVID” relief fund set up on the cryptocurrency…
“# Chinese online retail giant JD.com adopts digital yuan for salary payments ” JD.com has been using China’s Digital Currency Electronic Payment, or DCEP, system to pay the salaries of some employees since January. The e-commerce firm revealed the news on Sunday while announcing its participation in the one-year DCEP trial show at the fourth Digital…
“# ConsenSys to develop private version of Kakao’s Klaytn blockchain ” Ethereum software company ConsenSys has formed a technical partnership with Kakao’s Klaytn blockchain, with a view to developing a private platform for the issuance of a South Korean CBDC. Klaytn is a public blockchain developed by Ground X, a blockchain affiliate of the South Korean…
“# Binance to launch Microstrategy, Apple, and Microsoft stock tokens ” Top crypto asset exchange Binance has announced it will list three new stock tokens over the coming week, following the launch of tokens tracking the performance of Tesla and Coinbase shares earlier this month. On April 26, Binance announced it will launch tokenized stock…
“# Discovering financial literacy: Crypto leads retail investment charge ” Momentum trading driven by retail investors seems to have taken on a new life since the onset of the global standstill occasioned by the ongoing coronavirus pandemic. Where celebrity challenges used to dominate viral trends on social media, issues relating to personal finance and investments…
“# Brexit and fintech: A spring stocktake ” It has been four months since the Brexit trade deal came into effect between the United Kingdom and the European Union. The deal, in common with other free trade agreements, does very little to support the export of financial services from the U.K. into the single market….
“# NFT trading cards: A new way to own collectibles or an asset bubble? ” Unique items have long been attracting collectors who are willing to pay top dollar to get them. Paintings, baseball cards, stamps, vintage cards and rare coins have all been sold at huge premiums to collectors in the past. Now, these…
“# Paxos receives ‘preliminary conditional approval’ for US bank charter ” The U.S. Office of the Comptroller of the Currency (OCC) has granted today stablecoin company and PayPal collaborator Paxos a federal charter to form a national trust bank — just the third such charter the OCC has granted crypto-native companies. Paxos joins custody firm…