During an earnings call with investors and stakeholders, Michael Miebach, CEO of Mastercard, discussed his positive outlook on the cryptocurrency industry. The company had seen sizable volume growth in consumers using their Mastercards to purchase crypto and secured several partnerships with cryptocurrency firms. But Miebach’s most ambitious viewpoint comes from a discussion regarding central bank digital currencies, or CBDCs, saying:…
Ether (ETH) has gained 950% in 2021 and from the look of things the altcoin has no intent of stopping. This can also be seen in the ultra-optimistic bets for Octobers $1.25 billion options expiry. However, this phenomenon is not exclusive to Ether bulls. The right to acquire Ether at a fixed price in the future does not come at…
On November 12, the Walt Disney Company will be celebrating the first annual Disney+ Day and will be launching non-fungible token (NFT) collectibles to celebrate the experience. Disney fans will be able to obtain official NFTs from Disney, Pixar, Marvel, Star Wars, and more via the digital collectibles app Veve. Entertainment Giant Disney to Drop NFT Series Disney has plans…
Online employment-oriented platform LinkedIn has reported demand for employees with experience in crypto or blockchain is on the rise across many companies. According to a Wednesday report from LinkedIn editor Devin Banerjee, data from the platforms Economic Graph team shows job postings in the United States that included terms like blockchain or crypto grew 615% compared to those in August…
Facebook Inc. announced Thursday that it has changed its company name to Meta marking the first major rebrand for the social media giant. The name change, which reflects the companys growing ambitions beyond social media, was unveiled by CEO Mark Zuckerberg at the Facebook Connect conference. An accompanying news release laid out the companys vision for creating a metaverse that…
In brief Floki Inu, an Ethereum and Binance Smart Chain meme token, is up more than 200% in the last day. The developers have lowered the transaction tax in part due to regulatory concerns, and launched a physical marketing campaign. Shiba Inu was yesterdays big meme crypto winner, continuing its recent pump and overtaking rival Dogecoin in terms of total…
Supply chain management continues to be an important are of focus and concern for the global economy, especially with the current shipping backlog at major ports across the globe and the dwindling supply of items available on store shelves. Interestingly, OriginTrail (TRAC), a logistics and supply-chain management-focused blockchain protocol, has been gaining traction over the past couple of months and…
Cryptocurrency exchanges Coinbase and Crypto.com are now two of the most downloaded apps for the United States Apple App Store, topping the charts at first and third place, respectively. According to the Top Charts list on the Apple App Store, Coinbase has regained its position as the most popular app in the United States ahead of TikTok. However, Crypto.coms app…
In brief The FATF is an international body that creates standards to combat money laundering and terrorism financing. It has updated its guidelines around crypto assets. The Financial Action Task Force, the international body that coordinates financial transaction standards among 39 country and regional members, today issued updated guidelines for countries to assess and reduce risk associated with cryptocurrencies. The…
Houston residents can now purchase luxury automobiles through natively integrated bitcoin-backed loans. Post Oak Motor Cars announced a partnership with NYDIG to give customers access to a fully-fledged suite of Bitcoin services, including custody and lending. POMC employees will also be able to allocate a portion of their paychecks to BTC. A Houston-based luxury auto dealer will soon be able…
