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Mercadolibre, one of the biggest “e-tailers” in Latam, has partnered with credit giant Mastercard to make use of its tech to secure the cryptocurrency ecosystem of the company. Through this partnership, Mercadolibre will be able to use Mastercard’s Ciphertrace technology, to allow the company to enhance the control and security of the crypto transactions in … Read more
The founder of financial tech company Block Inc., Jack Dorsey announced he is collaborating with the rapper Jay-Z by launching a Bitcoin Academy in Brooklyn. The Bitcoin Academy’s mission aims to empower and provide education to the region. The project’s website further details that residents of Marcy House, located in Brooklyn, New York will be … Read more
Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be dedicated to non-fungible tokens (NFTs), decentralized finance (defi), and game finance (gamefi) development. Solana Ventures Reveals $100 Million Web3 Fund Dedicated to Finding Talent and … Read more
After setting his Twitter profile to private four days ago, Terra Luna’s Founder, Do Kwon, once again opened up his Twitter account to the public, publishing a series of posts. Do Kwon Opens Up In a series of tweets published today, June 9th, Do Kwon elaborated on several issues regarding Terra 2.0. Starting with a … Read more
As Bitcoin and Ethereum struggle to hold support, Terra 2.0 (LUNA) also faces significant bearish pressure from traders and investors. The Terra 2.0 (LUNA) price declined by over 20% in the past 24 hours and down over 58% the past week, currently trading at $2.83 and falling as traders remain impatient and fear is taking … Read more
On Tuesday, the financial technology company Checkout.com announced that it will allow merchant settlements using the stablecoin USDC via a partnership with the crypto firm Fireblocks. Checkout.com further detailed that in a beta test with select clients, the company settled $300 million in transaction volume leveraging the USDC stablecoin. Checkout.com Leverages the Stablecoin USDC Checkout.com … Read more
Ever since Terra Luna’s founder, Do Kown, unveiled a new “Terra Ecosystem Revival Plan 2” that’s supposed to bring back the glory days of Terra Luna, the asset, however, has been a free fall ever since. After a relatively small gain of about 77% immediately after launch, it seems investors are now losing faith in … Read more
Binance US is now offering crypto staking services and the firm details that seven digital currencies are currently available with annual percentage yields (APYs) up to 18%. Customers can earn yields on proof-of-stake (PoS) cryptocurrencies that include binance coin, solana, avalanche, livepeer, graph, cosmos, and audius. Binance US Adds Staking Services On Twitter, Binance US … Read more
Bitcoin and Ethereum are again showing bearish momentum as BTC and ETH have lost 5% in the past 24 hours. Terra 2.0 (LUNA) is also down over 14%, currently trading at $4.31, dipping below $1 billion market capitalization with a current valuation of $912 million. Major Stocks Plummet, Causing BTC and ETH Dips As the … Read more
The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of the Central Bank of Brazil, Roberto Campos Neto. Campos Neto indicated that private banks in the country will be able to issue their own stablecoins … Read more