Visa Launches Crypto Advisory Services — Says ‘Digital Currencies Are Taking Greater Hold in Popular Consciousness’

Payments giant Visa has launched global crypto advisory services. The company’s executive says: “We’ve seen a material shift in our clients’ mindset in the last year, from a desire to explore and experiment with crypto, to actually building a strategy and product roadmap.” Visa’s Global Crypto Advisory Services Payments giant Visa announced Wednesday the launch …

Crypto Exchange Bitstamp Lists Shiba Inu as SHIB Adoption Grows

Another major cryptocurrency exchange, Bitstamp, has listed shiba inu cryptocurrency. Bitstamp users will be able to trade SHIB against the U.S. dollar and the euro. The announcement came as more trading platforms are listing shiba inu and more stores are accepting the meme crypto for payments. Bitstamp Adds Support for Shiba Inu Crypto Cryptocurrency exchange …

Ark Invest CEO Cathie Wood Says Metaverse Will Be Multitrillion-Dollar Market

The CEO of Ark Investment Management, Cathie Wood, says that the metaverse can become a multitrillion-dollar market. “It’s a big idea that will probably infiltrate … every sector in ways that we cannot even imagine right now,” she said. Cathie Wood Believes the Metaverse Will Be Multitrillion-Dollar Opportunity Ark Investment Management (Ark Invest) CEO Cathie …

Vitalik Buterin shares his “endgame” for Ethereum 2.0

Ethereum co-founder Vitalik Buterin revealed his vision for ETH 2.0 in a blog post this week titled “Endgame.” He spoke of developing trustlessness and censorship resistance to levels by his accepted standards. To achieve this, he laid out a “plausible roadmap,” with several surprises, including a proposed second-tier of staking using fewer network resources. The …

Identifying promising crypto projects with startup mentor Roxana Nasoi

In this week’s Cryptonites interview, Managing Director at newly launched blockchain incubator Launchpool Labs, Roxana Nasoi, brings to the table over a decade-long experience in building companies in the digital economy space. This is another compelling episode you don’t want to miss, as the startup mentor shared her tips on what to pay attention to …

Foundry Launches Bitcoin Mining Machine Marketplace, US Pool Becomes the World’s Largest Miner

The firm Foundry Digital announced on Wednesday that the business has launched a bitcoin mining rig marketplace called Foundryx. According to Foundry, the company has access to more than 40,000 mining machines that are ready for resale. In addition to the marketplace launch, the company’s mining operation, Foundry USA, has become the world’s largest bitcoin …

Label Foundation Has Announced an Official Deployment on Binance Smart Chain

press release PRESS RELEASE. Label Foundation has recently announced its readiness to deploy on the Binance Smart Chain, utilizing the cross-chain bridge that they have developed in cooperation with the Tokyo-based blockchain development company, Curvegrid. The deployment of the bridge pinpoints to the initiation of the Label’s integration into the Binance Smart Chain’s ecosystem. Label …

Australia to Regulate Crypto Sector as Part of Payments Reform

The government of Australia is preparing to comprehensively regulate the activities of cryptocurrency exchanges and custodians. The push is part of a major overhaul, aimed at preserving the country’s sovereignty over its payments system, which will also affect providers like Apple and Google. Payment Laws in Australia to Cover Crypto Business and Big Tech Authorities …

Video Game Giant Ubisoft Launches NFT Platform, Software Firm’s Blockchain-Tech Runs on Tezos

The French video game manufacturer based in Montreuil, Ubisoft Entertainment SA, has announced the company has launched a blockchain-based platform called Ubisoft Quartz. According to the company, the platform will enhance specific games with playable and energy-efficient non-fungible token (NFT) assets. Ubisoft Quartz Revealed For quite some time, video game companies have shown strong interest …

Binance smart chain and Animoca brands set up a $200M program to sponsor GameFi projects

Global cryptocurrency exchange Binance has reportedly set up a $200 million fund that will directly invest the company’s stake in the emerging crypto gaming and metaverse sector of the digital space. As per the official blog post, Binance will be collaborating with Hong Kong-based Animoca brands through Binance smart chain $1B growth program. Binance and …

‘Vampiric’ Enso Finance aims to leech $1 billion from competing DeFi platforms

Social trading platform Enso Finance has announced a month-long “vampire attack” on six decentralized finance (DeFi) index projects in a bid to siphon their combined liquidity of nearly $1 billion. “Liquidity is the fuel that powers DeFi and it is the essence of Enso’s platform,” noted Enso co-founder Connor Howe. “We want to show the …

Gibraltar announces integration of blockchain with public services, adoption is coming

The government of British Overseas Territory Gibraltar has announced it will use blockchain technology in a pilot scheme to deliver public services. “The pilot rollout will trial blockchain technology to achieve greater interconnectivity between government departments, individuals, and organisations.“ The rollout will use blockchain technology to trial interconnectivity between departments, individuals, and organizations. What’s more, …

Biden Administration Unveils Plan to Focus on ‘Prosecutions of Criminal Misuses of Cryptocurrency’

The Biden-Harris administration has unveiled its strategy on “countering corruption.” It includes utilizing the government’s newly established task force, the National Cryptocurrency Enforcement Team, to focus on “complex investigations and prosecutions of criminal misuses of cryptocurrency.” US Crypto Enforcement Strategy for ‘Countering Corruption’ The White House announced Monday, “In line with the president’s direction, the …

India to Impose Ban on Crypto Payments, Deadline for Declaring Crypto Assets, KYC Rules: Report

The Indian government has reportedly proposed banning the use of cryptocurrency for payments and setting a deadline for investors to declare their crypto holdings. Violators may be arrested without a warrant and held without bail. In addition, the crypto bill may call for a uniform know-your-customer (KYC) process for all crypto exchanges. Proposed Rules in …

$11 Billion Added to Stablecoin Economy in 10 Days, UST and OUSD Issuance Swells

During the last week of November, the stablecoin economy had crossed the $150 billion mark for the first time with tether and usd coin dominating the pack. In a mere ten days, the stablecoin economy gathered another $11 billion in value with origin dollar and terra usd swelling significantly during the last 30 days. $11 …

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