According to Mastercard’s chief financial officer, cryptocurrency is more an asset than a payment method. Mastercard’s crypto strategy has been “fairly successful ever since the emergence of crypto environments,” he said.
Riot, a bitcoin miner, reduced its power usage in July amid a Texas heatwave, which resulted in a 21% reduction in bitcoin production.
The Chamber of Deputies in Brazil could approve a cryptocurrency bill that was introduced earlier in the year. Ricardo Barros (the leader of the Federal Government in this Chamber), said that the bill will be debated, although there are no reports about a vote.
Gucci has increased its Web3 initiatives. It now allows crypto nerds in its stores to buy its products using ApeCoin. This adds to the 12 digital assets it accepts as payment.
Vauld, a Singapore-based company, will be able to breathe after the High Court granted creditor protection to its parent company for the next three month. This decision comes as the struggling crypto lending platform seeks to be acquired by Nexo.
Magic Eden will soon launch support for Ethereum-based NFTs. This move comes after OpenSea launched support for Ethereum-based NFTs earlier in the year.
The state anti-money laundering laws and cybersecurity measures were violated by the company’s crypto unit.
Sygnum introduced cryptocurrency staking around two years ago with Tezos stake, later expanding the service to ICP or Et2.
Google cloud computing AI transformed Bored Ape Yacht Club NFTs in machine-made artworks.
The interest of the ECB in finding the best cross-border payment solution comes from its role as the central bank for the 19 European Union member countries that have adopted the euro.
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