Payments giant Mastercard is expanding its payments-focused consulting service to include cryptocurrency. It covers “a range of digital currency capabilities, from early-stage education, risk assessments, and bank-wide crypto and NFT strategy development to crypto cards and the design of crypto loyalty programs.” Mastercard’s Crypto Consulting Service Mastercard announced Tuesday the expansion of its payments-focused consulting service. Among the new practices…
On Thursday, The Interchain Foundation, a non-profit steward of the Cosmos (ATOM) ecosystem, announced the release of Interchain Accounts. The inter-blockchain communications protocol (IBC) enables an entire blockchain to control an account on a separate chain. It is the largest software upgrade to the Cosmos cyberspace since Stargate. To date, there are 38 projects utilizing IBC, including Terra Luna, Crypto.org,…
U.S. senators today introduced legislation requiring the State Department to write a report on El Salvador’s Bitcoin Law and develop a plan to “mitigate potential risks to the U.S. financial system.” The proposed law, the Accountability for Cryptocurrency in El Salvador (ACES) Act, was today introduced by Jim Risch (R-Idaho), Bob Menendez (D-N.J.), ranking member and chairman of the Senate…
Colorado will soon start accepting bitcoin as payment for taxes, Governor Jared Polis said in a Tuesday interview with CNBC. “We expect to accept crypto by this summer” for all of the state’s tax-related purposes, Polis said. Polis added that Colorado plans on enabling bitcoin and cryptocurrency payments for other state-related fees in the months following the taxes roll out.…
Cloud computing is a highly centralized sector, controlled by a handful of big-name services such as Amazon Web Services, Microsoft Azure, and Google Cloud. And when their servers go down, the internet goes darker than any sky. Fluence Labs is one of the Web3 projects looking to change the landscape of computing by helping blockchain applications ditch their reliance on…
As reported by Canadian news outlet The Globe and Mail, the Royal Canadian Mounted Police (Canada’s federal police force) sent letters to several cryptocurrency exchanges demanding that they “cease facilitating any transactions” with more than 30 specific cryptocurrency wallet addresses linked to the ongoing truck protests in the country. The letter writes: “Any information about a transaction or proposed transaction…
As the field of viable layer-one blockchain protocols continues to expand with newer entrants trying to solve the issue of high transaction costs and slow processing times, older projects find themselves utilizing their history and track record to set themselves apart and secure a market share that will ensure their survival through the next market cycle. Neo (NEO) fits the…
Bitcoin Magazine obtained exclusive access to details about the upcoming COLDCARD Mk4, the new version of Canada-based Coinkite’s Bitcoin hardware wallet that improves upon the popular COLDCARD Mk3. The main features of the new model include a USB-C connector, no restrictions on Bitcoin transaction size, increased security with an extra secure element, NFC integration, a slide cover, a USB virtual…
Testing of the digital ruble has started in Russia with the country’s central bank announcing the first complete transactions between individual wallets. The monetary authority, a staunch opponent of cryptocurrencies, says its digital currency will create new opportunities for citizens, businesses, and the Russian state. Digital Ruble Transactions Carried Out by Commercial Banks and Bank of Russia The Central Bank…
In Sept. 2021, Twitter enabled Bitcoin payments as the first cryptocurrency payment option available via its tipping jar. Wednesday, the social media platform added a slew of fresh payment services to these existing tipping options, including Ethereum (ETH). Have you set up Tips on your profile yet so it’s easy for people to show their support? Yes: Cool, we’ve added Paga,…
