Did A Planned Attack On UST Cause This Crypto Crash?
Last Monday the cryptocurrency and NFT markets experienced their worst week in a long time. Meanwhile, most other financial markets are suffering from the fear of increasing interest rates, as well as rising geopolitical tensions. These pressures alone would likely have caused a crypto downturn,...
May 18, 2022
Eve World – The Power of Women Only Communities in Web3
The true power of Web3 lies in community building. The era of the influencer is ending, and the forging of genuine connections has become critical. Creators want to own their content and fans want meaningful access to the creators they follow. People want someone honest...
May 18, 2022
Hey Twitter! Unrequited Loyalty Has an Expiration Date
I have been booted off Twitter twice. My latest incarnation has seen me posting over the last year; however, I have had to resort to heavy self-regulation to ensure I don't get thrown into Twitter Jail again. The last time that happened, the jailer threw...
May 17, 2022
Bitcoin Beach: The Real Life Crypto Community Village
Bitcoin is pumping this coastal village full of opportunities that will benefit the local community. Close your eyes deeply for a few seconds and imagine that you were suddenly born in an under-developed remote village, one where you do not have access to a bank...
May 17, 2022
Welcome to Web3, Mosseri- Instagram Takes to NFTs
Instagram is making its way to Web3 (better late than never). Yesterday, the Meta-owned social media mecca announced its plans to incorporate blockchain technology- joining the likes of Twitter and Tiktok. Set to pilot as early as Monday, Instagram will begin to feature NFTs. Utilizing...
May 11, 2022
Last Chance to Book Your Booth for iFX EXPO International 2022
It’s that time of year again. Something big is being prepared by the Ultimate Fintech team and they plan on putting you at the center of it all! Welcome to the iFX EXPO, the world’s first and largest financial business to business exhibition. This year...
May 5, 2022
Is OpenSea The Titanic Of The NFT Marketplace?
We all love stories of someone gaining or losing power—and I’m not talking in a kilowatt sense. Take, for instance, stories of an ascension to the throne. A king who started off as a peasant ends up claiming the highest form of royalty. I don’t...
April 13, 2022
Meta Mulling Plans To Create Non-Crypto Digital Tokens
Facebook’s parent company is once again working on plans to create digital tokens for its users, despite the collapse of the Diem stablecoin project. In this iteration, the virtual coins will not be cryptocurrencies or stablecoins but will serve as vehicles to financialize the Facebook...
April 11, 2022
Mastercard Announces Crypto-Focused Consulting Services
The company will also create a testing platform for CBDCs. Mastercard Inc., an American multinational financial services company, recently announced its intention to delve deeper into the crypto industry, adding payments-focused consulting services for cryptocurrencies and NFTs. It also hinted that its services might include...
February 17, 2022
Tesla Owns $1.26B In Bitcoin According To Its Latest Financial Report
Earlier this week, on Wednesday, January 26th, Tesla released its Q4 and FY2021 financial statements, revealing its unaudited balance sheet to the public. According to the sheet, Elon Musk’s electric car company still holds Bitcoin, indicating that it did not sell it in Q4 despite...
January 27, 2022
Robinhood’s Crypto Wallet To Roll Out To 1,000 Clients As It Enters Beta
A popular US-based financial services provider, Robinhood, announced this Thursday, January 20th, that its upcoming cryptocurrency wallet is ready to enter the next phase of development. The wallet is entering beta, and as part of the launch, the company will grant access to the first...
January 21, 2022
Google Is Considering Adding Support For Cryptocurrencies On Digital Cards
A recent report by Bloomberg indicates that Google might be exploring the idea of adding cryptocurrencies on digital cards. The tech giant recently inked deals with two cryptocurrency companies — the leading US crypto exchange, Coinbase, and a Bitcoin payment provider, BitPay. Bloomberg’s report is...
January 20, 2022
Kraken Acquires Staked In One Of The Largest Industry Acquisitions To Date
Kraken, one of the world’s most popular crypto exchanges, recently announced the launch of a staking platform called Staked. The exchange intends to support growth and resilience through one of the largest projects the crypto industry has seen so far. Staked Joins the Kraken EcosystemAccording...
December 22, 2021
Meta Launches A Pilot Phase For Novi Wallet To US WhatsApp Users
Meta — the company, formerly known as Facebook — is working on enabling crypto payments. Meta has announced that it will launch a pilot phase for crypto payments limited to US users. This comes even as Meta faces difficulty moving into the crypto space. However,...
December 10, 2021
Looking Past The Rumours – What Amazon Is Likely To Do With Crypto?
The speculation recently got out of control, and the company was forced to deny a City A.M. newspaper story in July 2021. "Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is not true," said a spokesperson...
October 9, 2021
Telegram Vs Whatsapp Vs Status – Which Is Best?
The emergence and adoption of instant messaging applications halted the dominance of SMS (Short Message Service) as the primary means of communication on mobile devices. Aside from being the cheaper option, IM applications introduced many additional features like group chats, voice and video calls etc....
October 6, 2021
Financial Institutions and Crypto Adoption: How Banks are Generating Massive Revenues from Crypto
One sector currently getting rocked by the sweeping effect of cryptocurrency and blockchain technology is the banking sector. With the current growth trajectory of the crypto space concerning the banking industry, institutions that miss out on adopting this asset class risk relegation and obsolescence. The...
September 17, 2021
Stacks Opens Door to Developers with Six Week Guided Course
Stacks Foundation is inviting developers to ‘Clarity Universe’. Through this program, the foundation which advocates for a user-owned internet will introduce developers to everything they need to know about the Clarity smart contract language. The course will run for six weeks and has limited entry...
September 13, 2021
Blockster Partners with NFTrade
Blockster is excited to announce a new partnership with NFTrade — the first blockchain-agnostic, cross-chain NFT platform. The partnership will allow our projects to explore synergies and pursue potential new solutions that the blockchain industry has yet to discover and offer. As the hype keeps...
September 3, 2021
Vitalik Buterin Hints At Elon Musk Collaboration – A Match Made In Heaven?
The electric car CEO agreed with Vitalik Buterin on the matter of collaboration between Dogecoin and Ethereum. In an interview with the famous AI researcher Lex Fridman, Vitalik, the Co-founder of Ethereum, proposed a reliable bridge to link Doge and Ethereum, suggesting that this would...
August 31, 2021
Facebook Has rebranded Libra To Libra-Diem – Has It Got Life In It Yet?
Driven to change this focus, Facebook opted for a name change as a means of offering the association a new chance to impress regulators and establish itself in the growing crypto market. With the rebranding, what was formerly known as the Libra Association will now...
August 30, 2021
Skrill Adds 20 Cryptocurrencies In Expansion Of Crypto Services
About Skrill As mentioned in the intro, Skrill is one of the products in the lineup of Paysafe, a global payment industry leader – alongside such solutions as Neteller, Paysafecash, and Paysafecard. It was rolled out in 2001 as a digital wallet provider for easy...
August 30, 2021
Solve Is Looking To Transform The Health Industry – Can It Bounce Back From A Bad Crash?
One of the main areas that have shown growing interest in blockchain is healthcare. Because of the sensitivity of patient data and a growing need for efficiency, blockchain serves as a perfect fit. Solve.Care is a blockchain solely created to help the healthcare sector. It...
August 28, 2021
PayPal Expands Crypto Support To UK As Bitcoin Rallies
The UK is next on the agenda for PayPal’s crypto plans. The payments giant announced it would expand its cryptocurrency offering to UK customers on Monday, offering them access to buy, sell and hold digital assets. PayPal currently supports Bitcoin, Ethereum, Bitcoin Cash, and Litecoin....
August 27, 2021
PayPal Announces New Crypto Feature
PayPal’s general manager of blockchain, crypto, and digital currencies, Jose Fernandez da Ponte, gave the news during the CoinDesk Consensus 2021. “We want to make it as open as possible, and we want to give a choice to our consumers … They want to bring...
August 1, 2021
Goldman Sachs Declares Crypto as a New Asset Class
Institutional Investors However, there was also one development that I felt did not receive the attention it deserved, and that is Goldman Sachs’ recognition of crypto as a new asset class. Now, banking firms like Goldman or JPMorgan have always had this love-hate relationship with...
July 31, 2021
Can Visa and Mastercard Help CBDCs?
What do I mean by that? Well, it’s safe to say that around 80% of central banks around the world are either considering CBDC, developing it, or already testing the created product. Problems with CBDCs From Outset One thing that emerged as a serious issue...
July 22, 2021
Is Anonymous Actually Targeting Elon Musk For "Destroying Lives" With Crypto Tweets?
Musk is Divisive However, Musk has made several strange moves that have started causing a lot of anger among the people outside of his immediate fan base. For example, many would say that Tesla significantly weakened the crypto industry by announcing that it will stop...
July 16, 2021
Crypto Makes TIMES ‘Most Influential Companies List’ – Twice!
After that, it made a list of the top 100 Most Influential Companies, and it allowed two crypto firms to make the list, showing that it considers them to be legitimate businesses and equal to traditional companies. Cryptos Companies I see this as another example...
July 15, 2021
‘Wen Lambo?’ – Lamborghini Purchased With Bitcoin
The latest example of this came when the local digital assets exchange, Zipmex, revealed that it processed this region’s first use of BTC for purchasing a Lamborghini. The buyer, Jo Chirawat, used nothing but this cryptocurrency and Zipmex’s own mobile app. Buying a Lambo with...
July 14, 2021
Will PayPal Launch its Own Stablecoin?
PayPal Stablecoin And rightly so since PayPal absolutely requires an efficient payment system in order to handle its massive daily usage. PayPal’s transaction volume may not be able to rival Tether’s (USDT), which amounts to several hundred billion dollars, but it can certainly boast in...
July 9, 2021
Goldman Sachs leads $15M Investment Round for Coin Metrics
Of course, Goldman is not a stranger to crypto, as the bank is generally counted among the first to start approaching the industry some time ago. However, a large investment into a business that focuses on blockchain technology is certainly a nice sight. According to...
July 5, 2021
NBA Prospect Jalen Suggs Sells Epic March Madness Shot as NFT
Simply put, they are becoming a way in which artists, musicians, sports stars, and everyone else, really, can offer anything that they deem valuable. You might be wondering what caused this train of thought? Well, the answer is the fact that yet another upcoming sports...
July 5, 2021
Tesla Helped Patch a Bug in The Bitcoin Payment Processor
The fact is also that Tesla bought $1.5 billion worth of Bitcoin only a few short weeks back, further proving that both the company and its CEO are truly serious about the emerging industry. However, what really surprised everyone is that none other than Tesla...
June 24, 2021
Tesla's Acceptance of Bitcoin Will Increase Bitcoin's Mainstream Adoption Agenda
Its CEO is a very popular individual in and out of the crypto world. In fact, Musk briefly became the world's richest man earlier this year. With all of that in mind, I think that Tesla's acceptance of Bitcoin could have a very positive impact...
June 24, 2021
Time Magazine Will Accept Cryptocurrency For Subscriptions
Even the U.S. government has realized that there is no way to ban Bitcoin unless the internet is shut down. Many of us who have been in the cryptocurrency space for a while are very well aware of the saying, “first they ignore you, then...
June 21, 2021
VISA Plans Rollout to Partners
This is not the first time the payment giant is dealing with crypto; however, it is the first crypto-related product launched by Visa. The enterprise has been providing crypto debit and credit cards to the likes of Crypto.com and BlockFi. The latest news from the...
June 20, 2021
Goldman Sachs And Deutsche Borse Are The Latest Incumbents
In June last year, Deutsche Borse announced the introduction of Bitcoin ETN on its Xetra exchange platform. An ETN is a debt security that checks the performance of underlying assets. In its recent strategy to expand its offerings into the crypto market, Deutsche Borse has...
June 17, 2021
PayPal Launches Crypto Checkout Service
PayPal consumers who hold various cryptocurrencies such as Bitcoin, Litecoin, Ether, and Bitcoin Cash will convert them into fiat currencies and use them to make purchases from different merchants. All 29 million merchants on this platform will enjoy this service. What does this mean for...
June 17, 2021
Visa Moves To Allow Payment Settlement Using Cryptocurrency
The pilot phase that Visa has launched will be in partnership with crypto.com, which is a crypto and payment platform. Visa announced that they would allow the use of USD Coin (USDC) on their payment systems. USDC is a form of cryptocurrency that is offered...
June 16, 2021
What are Crypto Jobs Worth?
Decentralized and Remote Work We live in a time of many opportunities for professionals in many careers, remote jobs are increasingly popular, and some data say that professionals need to organize themselves and obtain different routines to improve productivity in remote work. Some startups in...
June 3, 2021
How The Visa Bitcoin Wallet Integration Will Help To Drive Global Adoption
While the journey to make cryptocurrencies go mainstream today is being championed by many entities, and payment service company, Visa Inc’s latest revelation may help accelerate the long-sought global acceptance of Bitcoin (BTC) and other altcoins. Visa Integrates with Bitcoin Wallets To Permit PurchasesVisa CEO,...
May 25, 2021
Tesla's Acceptance Of Bitcoin For EV Purchases Will Increase Bitcoin's Mainstream Adoption Agenda
Recently, Elon Musk's Tesla announced that users would be able to use Bitcoin to purchase its electric cars, which was a massive thing for the crypto industry. With the announcement coming soon after Tesla bought $1.5 billion worth of BTC, it was clear that the...
May 5, 2021