Category: Cryptocurrency

Robinhood is now beta testing a cryptocurrency wallet

January 24, 2022

The crypto wallet was first announced in the third quarter of 2021 Robinhood is finally rolling out crypto wallets to 1,000 selected users, according to a recent blog post. In addition to owning purchased cryptocurrency, Robinhood wallet beta testers will now also have the ability to exchange that cryptocurrency with external wallets. As if that […]

New York City’s new mayor to receive first paycheck in cryptocurrency

January 21, 2022

Eric Adams is showing his support for the feasibility of crypto as a fiat alternative New York City Mayor Eric Adams, who took office on January 1, appears set to receive his first paycheck in cryptocurrencies today, as he indicated two months ago. Adams said in a statement that his first paycheck, which will arrive […]

Twitter introduces verified NFT profile pictures on its social media platform

January 21, 2022

Twitter has officially jumped on the NFT bandwagon.  As of Thursday, Twitter Blue users can link their account to a compatible cryptocurrency wallet and use any NFT they own as their profile picture.  The avatar will appear as a hexagon instead of the usual circle as a point of differentiation. In a press release, Twitter […]

Crypto.com Chief acknowledges hundreds of customer accounts hacked

January 20, 2022

Crypto.com has finally acknowledged a major security breach.  On Wednesday, Crypto.com CEO Kris Marszalek admitted to Bloomberg that approximately 400 customer accounts had been hacked earlier in the week.  While details of the hack have yet to be revealed, an estimated $15 million worth of Ether was stolen from accounts affected by the security breach. […]

SEC to increase oversight of cryptocurrency exchanges this year

January 20, 2022

SEC Chair Gary Gensler has asserted that more scrutiny of crypto exchanges is coming The Securities and Exchange Commission (SEC) is planning on cracking down on cryptocurrencies this year. The chair of the SEC, Gary Gensler, stated in a Wednesday press conference that he is ready to tighten scrutiny of crypto exchanges. Gensler expects that […]

Milo introduces 30-year cryptocurrency mortgage for US real estate buyers

January 20, 2022

Cryptocurrency enthusiasts no longer need to sit on the sidelines of the hot US real estate market thanks to a new mortgage product from Milo.  The Miami-based fintech company announced today that it will begin offering the world’s first 30-year cryptocurrency mortgage. According to Milo, customers will be able to use their Bitcoin as collateral […]

MasterCard to be accepted by Coinbase for NFT marketplace purchases

January 19, 2022

MasterCard is embracing NFTs like it did cryptocurrencies Coinbase is partnering with Mastercard to enable card payments on its upcoming NFT marketplace. This means you can use your Mastercard credit or debit card to directly purchase a non-fungible token (NFT) using fiat currency without having to purchase a cryptocurrency first. As reported by both companies, […]

Other cryptocurrencies are outpacing Bitcoin in retail

January 18, 2022

Bitcoin use for retail purchases has declined as other cryptocurrencies increase For many, it is clear that due to its prevalence and for being the pioneer cryptocurrency in its own space, Bitcoin (BTC) is considered the digital currency par excellence. However, as time goes by, and even though its popularity is untouchable, payments via this […]

Walmart reportedly interested in cryptocurrency, NFTs

January 17, 2022

The retail chain has filed a patent for a new platform in the metaverse It appears that Walmart, the US retail giant, is preparing to create its own cryptocurrency and non-fungible token (NFT) collection. So show documents the company filed with the US Patent and Trademark Office, which detail that it is setting the stage […]

NCR has closed on its acquisition of cryptocurrency software provider LibertyX

January 14, 2022

The payment solution provider is ready to give cryptocurrency payments a push Global enterprise technology provider NCR Corp, has finalized the necessary paperwork to take full ownership of LibertyX, a company that claims to be the first and largest network of Bitcoin (BTC) vending machines, cashiers and kiosks in the US. The acquisition of this […]

TransUnion and Spring Labs team up to bring credit checks to crypto loan industry

January 13, 2022

Credit scores are about to become even more relevant, particularly in the cryptocurrency space, thanks to a partnership between TransUnion and Spring Labs.  TransUnion announced today that it will be utilizing ky0x Digital Passport service to conduct credit checks for cryptocurrency loans. Spring Labs owns ky0x. When implemented, blockchain lenders will be able to view […]

Want $10K in free Bitcoin? Take a look at Northwest Arkansas

January 13, 2022

The Northwest Arkansas Council is giving away Bitcoin, with a catch Business leaders with the clear objective of promoting development in the region have decided to create the Northwest Arkansas Council. As part of its effort to achieve its mission, it has recently announced a crypto-incentive program, which it believes will be able to attract […]

Kim Kardashian, Floyd Mayweather are being sued by cryptocurrency investors

January 12, 2022

Several high-profile celebrities are accused of defrauding crypto investors Kim Kardashian and Floyd Mayweather Jr. were sued for allegedly defrauding investors in a cryptocurrency called EthereumMax (EMAX). The reality TV star and the former boxing champion were paid to use their influence to promote blockchain-based digital tokens to their fans. This caused investors to buy […]

NBA veteran Andre Iguodala to be paid partially in Bitcoin

January 11, 2022

The recent drop in the price of Bitcoin hasn’t stopped one NBA veteran from jumping on the crypto bandwagon. Andre Iguodala, who plays small forward and shooting guard for the Golden State Warriors, revealed yesterday that he will be paid partially in Bitcoin. Iguodala tweeted, ” I’m excited to announce I’m taking part of my […]

Washington State real estate developer to accept cryptocurrency

January 11, 2022

Harbor Custom Development gets in on the cryptocurrency boom Many investors and buyers will soon be able to add another payment option when it comes to the purchase of various real estate development projects located in Kitsap County. The news comes shortly after Harbor Custom Development Inc, a Gig Harbor-based real estate company, said that […]

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