Crypto startup Don’t Know Your Customer has managed to avoid a cybersquatting complaint brought by accounting giant Deloitte over its domain name. Web3 design and branding firm Penultimate Media Systems registered DontKYC.com for its crypto client, which claims to be a non-profit community that operates on the Binance Smart chain while offering prepaid cards that…
The biggest news in the cryptoverse for Aug. 29 includes the liquidation of $9 million in Bitcoin shorts, a report showing that the majority of GameFi investors are interested in profit rather than gameplay and Ava Labs’ CEO denying CryptoLeaks’ allegations that it had a deal with law firm Roche Freedman to use “litigation as…
NFT marketplace X2Y2 has moved to retain its customers by introducing an option that allows buyers set the royalty fee they wish to contribute to an NFT project. The NFT marketplace issued the update on Aug, 26, detailing how royalties on the platform will be distributed going forward. Buyers on X2Y2 can now choose the…
Crypto technology giant Ripple partnered with global payments firm Tranglo to expand Ripple’s On-Demand-Liquidity (ODL) solution to the United Arab Emirates (UAE), days after shaking hands with Latin American Bank Travelex to do the same for Brazil. Tranglo’s official Twitter account announced the new initiative by posting a Tweet on Aug.24, 2022. The UAE is…
The Director of Research at Coin Center Peter Van Valkenburgh raised an interesting point on Monday when he tweeted a screenshot from the SWIFT website detailing the entity’s role in sanctions enacted by “national authorities.” Comments on the tweet immediately compared the information to Ethereum’s role in processing transactions. Send tweet. pic.twitter.com/82IRrRLbDR — Peter Van…
Crypto technology firm Ripple and Latin American Bank Travelex inked a new partnership on August 18 to spread instant cross-border crypto payments in Brazil using Ripple’s On-Demand Liquidity (ODL) solution. Ripple’s ODL allows for instant cross-border transfers for a meager settlement cost. The ODL also doesn’t require pre-funded capital in the destination market. The deal…
Crypto payments infrastructure provider Ripple revealed in its second-quarter earnings report on July 28 that it saw a significant increase in the demand for its associated XRP token. Ripple continues to grow Ripple has been able to make major strides when it comes to increasing the utility of its XRP ledger and On-Demand Liquidity (ODL)…
The digital asset economy continues to gain momentum globally, despite the scandals and crashes of late. It is fueling the demand for using crypto as a means of payment in the real world. Major corporations such as Meta (Facebook) and Amazon have responded by starting to build the infrastructure necessary to handle crypto payments. Another…
Digital asset management firm Bakkt‘s new survey revealed that 50% of gig workers are comfortable getting a part of their payments in crypto, while 38% said they could consider earning their whole paycheck in digital assets. Bakkt’s Chief Product Officer Nicolas Cabrera commented on the survey results that clearly demonstrated the crypto appeal amongst gig…
In the spirit of the national avocado day, Mexican food chain Chipotle launched its new interactive game called “Buy the Dip,” which will give away more than $200,000 in Bitcoin (BTC), Ethereum (ETH), Avalanche (AVAX), Solana (SOL) and Dogecoin (DOGE), in addition to promo codes to buy their guacamole, and queso blanco dips for one…