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” New crypto card by Nexo allows users to pay without selling Bitcoin “ Major cryptocurrency loan company Nexo has officially launched a crypto-backed Mastercard card enabling users to pay for services with cryptocurrencies like Bitcoin (BTC) without selling their crypto. Nexo has partnered with Mastercard and the peer-to-peer payment startup DiPocket to launch the…
” Indian crypto exchanges’ volume plunges down as 30% tax goes into effect “ Fresh data on Indian crypto exchanges’ trading volume reveals a significant decline in trading practices among Indians just ten days after the tax rule implementation. India’s new 30% crypto tax rule came into effect on April 1, despite many stakeholders and…
“Bolt valuation tanks after founder slams Silicon Valley ‘mob bosses’” A multibillion-dollar tech startup whose founder made waves earlier this year when he compared Silicon Valley to a “boys’ club” full of “mob bosses” has since seen its valuation in the secondary market crumble, The Post has learned. San Francisco-based Bolt, which makes checkout payments…
” Mastercard files 15 metaverse and NFT related trademarks “ Payments giant Mastercard has filed 15 nonfungible token (NFT) and metaverse trademark applications with the United States Patent and Trademark Office, or USPTO. Highlights of the filings include plans for a virtual community for interacting with digital assets, processing of payment cards in the metaverse,…
” Crypto seen as the ‘future of money’ in inflation-mired countries “ Last year, cryptocurrencies reached a “tipping point,” according to Gemini’s 2022 Global State of Crypto report, “evolving from what many considered a niche investment into an established asset class.” According to the report, 41% of crypto owners surveyed globally purchased crypto for the…
” ‘I’ve never paid with crypto before’: How digital assets make a difference amid a war “ The ongoing conflict in Ukraine has become a stress test for crypto in many tangible ways. Digital assets have emerged as an effective means of directly supporting humanitarian efforts, and the crypto industry, despite enormous pressure, has largely…
” Lightning to strike Shopify merchants with addition of BTC payments “ Chicago-based payment app Strike has integrated with global e-commerce giant Shopify so merchants can accept Bitcoin payments via the Bitcoin Lightning Network. The Lightning Network (LN) is a Layer-2 scaling solution for Bitcoin designed to facilitate faster and cheaper transactions. Strike CEO Jack…
” Cash App users can now invest paychecks into Bitcoin “ At the Bitcoin 2022 conference in Miami on Thursday, Cash App announced a new feature for U.S. customers that will allow them to automatically invest a portion of their direct deposit paychecks into Bitcoin (BTC). The mobile payment service run by Jack Dorsey’s Block, formerly…
” Bolt to enable Bitcoin and NFT access via Wyre acquisition “ San Francisco-based e-commerce startup Bolt is moving into cryptocurrencies and nonfungible tokens (NFTs) by acquiring fiat-to-crypto and payment infrastructure firm Wyre. According to a joint announcement on Thursday, Bolt has reached a definitive agreement to acquire Wyre, aiming to close the deal later in…
” Singaporean fintech adds Bitcoin payments for merchants with BitPay partnership “ Nium, a cross-border payments firm based in Singapore, has announced the launch of a new API-based solution that will allow businesses to start accepting cryptocurrency payments. As per the announcement, the newly launched product is called Crypto Accept. It allows online sellers to…