Users of bitcoin gaming app ZEBEDEE can now top up their BTC balances in-app with debit and credit cards. The gaming fintech said in a Thursday press release sent to Bitcoin Magazine that it had integrated bitcoin buying and selling services from MoonPay, a cryptocurrency payments infrastructure provider. The partnership between the two firms will allow gamers to quickly add…
Month: May 2022
ETH Hits 2-Week Low, Following Move Below $1,900 – Market Updates Bitcoin News
Ethereum slipped below $1,900 during Thursday’s session, as prices dropped to a two-week low. Bitcoin was also trading lower over the course of the day, as it fell under $29,000. Overall, crypto was down over 3% as of writing. Bitcoin BTC fell below $29,000 earlier in today’s session, as bearish pressure continued to intensify heading towards the end of the…
ECB president’s anti-crypto comments trigger community responses
From expressing disappointment to criticizing the euro, the community fired back at European Central Bank (ECB) president Christine Lagarde for her recent anti-crypto remarks. As crypto markets show signs of being stagnant, Lagarde reminded the world about her stance on cryptocurrencies. According to the ECB president, cryptos are “worth nothing” because the assets are “based on nothing.” Additionally, Lagarde expressed…
Former Binance executives launch $100 million venture fund
Multi-strategy blockchain investment fund Old Fashion Research (OFR) has completed its first close. Led by several former executives from Binance, OFR invested in over 50 blockchain projects in its first year. According to an announcement, Old Fashion Research is now coming out of stealth mode, in which it has been operating since its foundation in late 2021. Since that time,…
Chinese Indexes Company Launches Hang Seng Metaverse Index – Metaverse Bitcoin News
A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related companies in mainland China. The index is calculated and disseminated in real-time at two-second intervals, the company said. Rising Popularity of the Metaverse Hang Seng Indexes Company Limited, an entity that manages and compiles the Hang Seng Family of Indexes, recently announced…
Crypto Exchanges Including Binance, FTX To Support ‘Terra 2.0’ Relaunch
Major global cryptocurrency exchanges have announced that they will support the upcoming relaunch of Terra, following the passing of a proposal to launch “Terra 2.0”. Exchanges including Binance, FTX, Crypto.com, Huobi, Bitfinex, Bybit, Gate io, Bitrue and Kucoin pledged their support for the modified version of the recently collapsed Terra blockchain. Binance stated that it was “working closely with the…
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Exchanges back ‘Terra 2.0 revival plan’ via airdrops, listing, buyback and burning
The fall of Terra (LUNA) shook the entire crypto market. However, the project has no plans to stay down as the project secured backing from crypto exchanges to help it rebuild. In an announcement Thursday, Terra provided details about the airdrop of the new native token within its new blockchain dubbed Terra 2.0. The distribution of tokens will proceed on…
SWIFT probably won’t exist in 5 years, says Mastercard CEO
Mastercard CEO Michael Miebach said on Tuesday that he does not expect SWIFT, one of the most widely used platforms for cross-border fiat transactions, to exist in five years’ time. Miebach was speaking at a panel session on central bank digital currencies (CBDCs), as part of the Global Blockchain Business Council (GBBC)’s Blockchain Central Davos conference, which ran adjacent to…
Elon Musk Commits $33.5 Billion to Twitter Acquisition Bid
Elon Musk, the billionaire CEO of electric automaker Tesla, will increase his personal commitment in his Twitter takeover bid to $33.5 billion, according to an SEC filing dated May 24. The revised financing plan would provide an additional $6.25 billion in equity for the buyout—an amount that would be enough to liquidate the same amount of margin loans against Tesla…