October 25, 2021

Moneygram Partners with Stellar Blockchain Network to Enable Instant Crypto-To-Fiat Settlements Using USDC Stablecoin

Moneygram Partners with Stellar Blockchain Network to Enable Instant Crypto-To-Fiat Settlements Using USDC Stablecoin

MoneyGram International Inc has partnered with the Stellar blockchain network to enable instant money transfers using Circle’s USDC stablecoin. Traditional cross-border payments giant MoneyGram announced on Wednesday, October 6, that it is working with the Stellar Development Foundation to launch the new service. Denelle Dixon, CEO and Executive Director of the Stellar Development Foundation, talked about the …

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Is Chiliz (CHZ) Gearing Up For A Bull Run?

Is Chiliz (CHZ) Gearing Up For A Bull Run?

Sports is more than just entertainment for many. It is an emotion that permeates beyond the playground and the stadium into everyday life. Chiliz, a blockchain fintech provider for sports and entertainment, capitalizes on this to create a new-age revenue stream for sports teams and empowers fans to have a say in team management. You …

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Mastercard Is Integrating Crypto Payments Through a New Partnership With Bakkt

Mastercard Is Integrating Crypto Payments Through a New Partnership With Bakkt

The tie-up will allow merchants and banks to build cryptocurrency into their offerings. Mastercard and Bakkt are partnering to allow merchants and banks to build cryptocurrency into their offerings, the firms announced Monday. The two plan to also shake up the way consumers can collect loyalty rewards. Mastercard said in a statement that consumers can buy, sell …

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Crypto investments a financial backup for Facebook whistleblower

Crypto investments a financial backup for Facebook whistleblower

Frances Haugen also received financial help from nonprofit organizations backed by Pierre Omidyar, a co-founder of eBay. Frances Haugen, a former Facebook employee turned whistleblower, revealed that her refuge in Puerto Rico is currently being supported by an auspiciously timed cryptocurrency investment. Haugen worked as a Facebook product manager before accusing the company of spreading …

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Russia does ‘absolutely nothing’ to regulate crypto, RACIB head says

Russia does ‘absolutely nothing’ to regulate crypto, RACIB head says

The recent law “On Digital Financial Assets” has not gone far enough in the eyes of Russian crypto industry advocates. Despite Russia adopting its first cryptocurrency law in January 2021, the country’s cryptocurrency market is still largely unregulated and is associated with a lot of uncertainty, according to a local industry advocate. Yury Pripachkin, head of the …

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BITCOIN BREACHES ITS ALL-TIME HIGH, BUT THERE’S PLENTY MORE TO GO

BITCOIN BREACHES ITS ALL-TIME HIGH, BUT THERE’S PLENTY MORE TO GO

Bitcoin, perched atop the clouds, looks up at the moon with conviction. SUMMARY OF THE WEEK It isn’t every week that bitcoin sets a new all-time high, so this week was filled with celebration, especially as the first two bitcoin ETFs in the U.S. launched, sending retail investors into a buying frenzy as the green …

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What Is an NFT? How Non-Fungible Tokens Work?

What Is an NFT? How Non-Fungible Tokens Work?

What are NFTs? NFT stands for non-fungible token. That probably doesn’t mean a whole lot at this stage; the word ‘fungible’ isn’t a particularly common one. However, it essentially means that something is interchangeable. For example, in economics, money is a fungible asset. It has units and can be easily interchanged (such as swapping a …

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Crypto Banking and Decentralized Finance

Crypto Banking and Decentralized Finance

The development of Bitcoin and thousands of other cryptocurrencies in a little over a decade has changed the definition of money — and spawned a parallel universe of alternative financial services, allowing crypto businesses to move into traditional banking territory. Here’s what is happening in the fast-growing crypto finance industry, a sector that has officials …

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How to Accept Bitcoin Payments at Your Business

How to Accept Bitcoin Payments at Your Business

During the past few years, cryptocurrencies have exploded in popularity, with assets such as Bitcoin, Ethereum, Polkadot and Litecoin all growing sizably. Bitcoin’s total market cap, for example, surpassed $1 trillion in March 2021. As such, it should be no surprise that many of the world’s largest companies have begun accepting cryptocurrencies as payment for …

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