Coinbase users can now buy crypto with Apple Pay

Crypto exchange Coinbase announced on Thursday that users can now use Apple Pay to purchase crypto assets on its platform, with Google Pay integration to follow. “Today, we’re introducing new and seamless ways to enable crypto buys with linked debit cards to Apple Pay and Google Pay, and instant cashouts up to $100,000 per transaction …

$1,611,766 in Ethereum Has Already Burned As Highly Anticipated Upgrade Goes Live

The London upgrade, which consists of several Ethereum improvement proposals, including EIP-1559, is now official after months of preparation and anticipation. The upgrade occurred at block 12,965,000, marking the start of various changes designed to improve Ethereum’s user experience. ADVERTISEMENT   EIP-1559 introduces a highly anticipated fee-burning mechanism into the network. This means each time …

Google Relaxes Restrictions on Some Cryptocurrency Ads After Three-Year Ban

Google is lifting a three-year ban on certain advertisements that promote cryptocurrencies, such as Bitcoin (BTC), and crypto-related products and services. In June of 2018, the tech giant restricted advertisements for initial coin offerings (ICOs), digital asset exchanges, crypto exchange wallets and other crypto-related content. ADVERTISEMENT   Google now says it allows advertisers to promote …

Hot July at Christie’s: Over $93M in NFT sales and Art+Tech Summit 2021

Christie’s upscale building located in New York City’s Rockefeller Center, Midtown Manhattan. The organizers were exhibiting a 3D frame, which allows a hologram of oneself to be remotely projected elsewhere, and discussing how animated interactive collectible cards will change over time based on the real-life performance of the displayed athletes. Galaxy Digital CEO Mike Novogratz, …

Fed governor says CBDCs remain ‘a solution in search of a problem’

Chris Waller, a member of the Board of Governors of the Federal Reserve System (Fed), seems to think it’s unnecessary for the United States government to develop a central bank digital currency, or CBDC. Speaking with Michael Strain of the American Enterprise Institute today, Waller said he was “highly skeptical” of a central bank digital …

Invesco files with SEC for Bitcoin ETF without direct BTC exposure

Atlanta-based investment company Invesco is planning to launch a new Bitcoin (BTC) exchange-traded fund, or ETF, that will not invest in BTC directly. On Wednesday, Invesco filed an application with the United States Securities and Exchange Commission (SEC) to list a new investment product called Bitcoin Strategy ETF. The Invesco Bitcoin Strategy ETF seeks to …

Ethereum approaches $3K resistance as Bitcoin price rebounds toward $40K

Ethereum’s Ether token (ETH) enjoyed a “massive” rebound towards $3,000 on Aug. 5 as optimism flowed in after its London hard fork went live. ETH/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed ETH/USD climbing swiftly to local highs of $2,820 on Bitstamp Thursday. The sudden burst of enthusiasm countered …

Fashion designer with 2.5 million followers is now accepting Bitcoin, Ethereum, Dogecoin, and other cryptos

Upscale German fashion designer Philipp Plein told his 2.5 million followers on Instagram he will now accept crypto as payment online and in his stores. Plein has partnered with payment processors Coinify to make this happen. Online buyers opting to pay in crypto will get redirected to Coinify’s payment page to complete their purchases. The …

Two Silicon Valley veterans join Router Protocol as investors

Veterans from traditional tech and finance industries continue to turn their attention to crypto, with the team behind Router Protocol and Dfyn exchange adding Coinbase’s current CPO and a product executive from DoorDash to its list of prominent backers. Router Protocol grows its list of prominent investors Cross-chain interoperability protocol Router has announced that two …

Ethereum (ETH) jumps, then dumps, ahead of crucial EIP-1559 upgrade

Ethereum, the world’s most-used blockchain, jumped to over $2,700 ahead of the EIP-1559 set for later today, data from multiple sources shows. EIP-1559 is one of the most important changes to ever happen to Ethereum. Tomorrow brings incredible progress, and we can’t wait. London’s calling! — Lido (@LidoFinance) August 4, 2021 Termed ‘London,’ the upgrade …

Crypto Gambler Wins $75,000 with a $31 Bet on ‘Book of Aztec’ at Bitcoin.com’s Casino

Book of Aztec dishes out a massive round win worth a little under 2 BTC, leaving the player ecstatic! A small bet results in one of the biggest wins for the player One lucky player has just bagged a massive win worth $75,000 in a popular slot game from Amatic called ‘Book of Aztec’ at …

Fidelity Investments Purchases 7.4% Stake in Bitcoin Mining Firm Marathon

Marathon Digital Holdings has published the company’s bitcoin production and mining operation updates for the month of July and bitcoin production increased 66% month-over-month. Furthermore, the financial services giant Fidelity Investments purchased a 7.4% stake in Marathon in July, spending around $20 million for the shares. Fidelity Investments Scoops Up Shares of Marathon for $20 …

US Government Has Seized Cryptocurrencies Worth $1.2 Billion So Far This Year

The U.S. government has seized cryptocurrencies worth $1.2 billion so far this year, according to an Internal Revenue Service director. This is a significant increase from $137 million in crypto seized the previous year. $1.2 Billion in Cryptocurrencies Seized Jarod Koopman, director of cybercrime at the Internal Revenue Service (IRS), shared some information on cryptocurrencies …

OVR and BlackPool: NFTs With Augmented Reality and Virtual Reality

sponsored OVR is collaborating with BlackPool to add augmented reality (AR) and virtual reality (VR) to its ERC-721 NFTs at OVRLands. According to reports, the popular digital world of Non-Fungible Token OVRLands, would now have the ability to offer new experiences that give room for every kind of imagination. Thanks to the entry of BlackPool, …

Cryptocurrency Swap Not Banned in Iran, President’s Legal Team Says

Current regulations do not prohibit the swapping of digital currencies, according to the Iranian Vice Presidency for Legal Affairs. The department has stated its position in correspondence with an ICT industry association which wanted to know what rules apply to cryptocurrency exchange, local media reported. Converting a Cryptocurrency Into Another Is Not Against Iranian Law …

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