As told via a Twitter post on Tuesday, instant messaging app Telegram has rolled out crypto payments via Ton Token. To access the feature, users first need to download and install Telegram’s official Wallet bot, which allows them to purchase cryptocurrency by bank card, exchange and transfer to other wallets. According to the company, they can then send Bitcoin (BTC)…
Supply chain blockchain project VeChain has announced a new partnership with crypto payment services, Alchemy Pay that will allow people to use its VET token as payment in over 2 million stores throughout 70 different countries. The news came alongside its inclusion as a supported token on the recently launched Binance Bridge 2.0. Thanks to partner @AlchemyPay, $VET can now…
Grammy Award-winning musician John Legend wants you to monetize your “vibes.” Our Happy Company—which Legend co-founded—has raised $7.5 million in seed funding. It will use the cash to continue developing new features for its first product, the NFT music platform OurSong, which launched back in February. Infinity Ventures and Animoca Brands led the funding round. Circle Ventures, Cherubic Ventures, FBG…
Australian Senator Andrew Bragg hasmet with U.S. Senator Cynthia Lummis to discuss potential collaboration on cryptocurrency regulation between the two countries. Senator Bragg is a crypto-friendly politician from the ruling Liberal Party (a conservative center right party) that has been one of the driving forces behind a proposed forward-thinking regulatory scheme in Australia. Last year he fronted the Senate Committee…
In brief FTX and F1 team Mercedes-AMG Petronas will release NFTs in both free-to-claim and premium auction formats. Two of the auctioned Ethereum NFTs will be paired with the physical rear wing from Mercedes’ drivers cars at the Miami Grand Prix. Formula One’s inaugural Miami Grand Prix is set to take place next weekend, and given Miami’s rising crypto city…
A bipartisan group of lawmakers in D.C. introduced an updated bill on April 28 to regulate cryptocurrency developers, dealers, exchanges, and stablecoin providers, bringing them under the regulatory control of the United States Commodity Futures Trading Commission (CFTC). The Digital Commodity Exchange Act of 2022 (DCEA) was re-introduced to Congress by Republican Representatives Glenn Thompson and Tom Emmer with support…
In his life, Roger Ver has been known for his full-throated support of only two cryptocurrencies: Bitcoin and, later, Bitcoin Cash. His enthusiasm and evangelism for crypto in its earliest days earned him the nickname “Bitcoin Jesus.” Now he’s touting the merits of Dogecoin. The revelation came about when Ver came out of social media hibernation on Tuesday to praise…
(Adaptation of “The Vitruvian Man”/CoinsureNZ) In The Bitcoin Rorschach Test, I examined how technology shapes human culture. For most of humanity’s existence, only those with access to industrial-sized resources or political power could create, develop or produce technologies at a sufficient scale to have influence. The invention of the internet and the emergence of the peer-to-peer economy described in this…
The Monetary Authority of Singapore (MAS), the country’s central bank and the regulator of the crypto sector, says that its licensing process for digital asset service providers needs to be stringent. “It needs to be because we want to be a responsible global crypto hub with innovative players, but also with strong risk management capabilities,” said the central bank chief.…
In a letter published on Thursday, the New York State Department of Financial Services, or NYDFS, recommended that all virtual currency companies operating under New York banking law adopt blockchain analytics to trace transactions. In supporting the decision, the regulatory agency wrote: “Wallet addresses are typically pseudonymous, with nothing on the face of the transfer tying back to the originator,…
