Everbowl, a fast-paced superfood chain, just accepted its first franchise fees paid in bitcoin.The company announced this offering earlier this year while also allowing corporate employees to be paid in bitcoin.Prior to paying its corporate employees in bitcoin, Everbowl converted its cash reserves into bitcoin. California-based superfood franchise Everbowl just had its first franchisee pay fees in bitcoin, according to…
Month: June 2022
The crypto market downturn explained | by Coinbase | Jun, 2022
Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Connor Dempsey. Data by Mike Cohen. TLDR: Central Banks and governments responded to the March 2020 COVID market shock with unprecedented interest rate cuts, money printing, and stimulusThese easy money policies kicked off a multi-year bull run for equities and crypto, before eventually causing inflation…
ETH, BTC Slightly Lower Ahead of Friday’s US Inflation Report – Market Updates Bitcoin News
BTC was fighting to stay above $30,000 on Thursday, as markets prepare for the release of U.S. inflation data on Friday. Crypto prices mainly consolidated in today’s session, whilst ETH marginally slipped, falling below $1,800. Bitcoin Bitcoin was attempting to stay above $30,000 on Thursday, as traders began to anticipate the latest U.S. inflation report. On Friday, the latest consumer…
Self-regulatory orgs for crypto keep ecosystem afloat pending clear regulations
The crypto market is growing at a rapid pace, with governments and various regulatory bodies actively trying to study and keep up with the growth. While many policymakers around the globe have come to realize that banning the crypto market is not an option, many are yet to come up with a formidable framework to regulate the nascent market in…
Best Crypto Wallet: The Top 8 Hardware Wallets
In brief A cryptocurrency hardware wallet keeps your private keys stored in a secure offline environment. Hardware wallets are widely considered to be the gold standard for securing Bitcoin and other cryptocurrencies. When it comes to storing cryptocurrencies safely, hardware wallets are widely considered to be the gold standard. Hardware wallets keep the private keys to your crypto stored in…
Polygon taps Airbnb’s director of HR to spearhead its decentralized workforce
Ethereum layer-2 scaling solution Polygon (MATIC) has announced the hiring of Bhumika Srivastava in a bid to consolidate its strategy and cultural ambitions for the company’s 500-employee global workforce. Serving as the head of human resources and director for employee experience at Airbnb for the past five years, Srivastava arrives with an illustrious portfolio and plethora of experience from her work in Web2,…
Tezos Hits Four-Week High Following USDT Launch
XTZ, the native cryptocurrency of the Tezos blockchain, is outperforming the rest of the market on Thursday after soaring to a four-week high of $2.23. A minor correction has brought the asset’s price down to $2.15 by press time, which still represents an increase of more than 7.12% in value in the past 24 hours, according to data provided by…
The future of the EU’s cryptoeconomy is entering a critical phase: Here’s what European officials need to get right. | by Coinbase | Jun, 2022
By Faryar Shirzad, Chief Policy Officer Tl;dr: As negotiations on the EU’s crypto rules enter a critical phase, we’re sharing four key pillars that should be taken into consideration. The potential for the EU is enormous and Coinbase is working to inform the process and drive towards positive policy outcomes. Leading the charge for a tailored crypto regime The Markets…
Crypto exchange Binance seeks critical licenses in Philippines, CEO says
Changpeng Zhao, the CEO of crypto trading platform Binance, shared plans to acquire two licenses that are critical for the firm’s operations within the Philippines. In a press briefing in Manila, the Binance CEO mentioned that the exchange is looking to obtain the virtual assets service provider license, which allows the platform to legally facilitate the exchange of digital assets…
Tether deploys new USDT token on the Tezos blockchain
Leading cryptocurrency stablecoin Tether has announced the launch of a new asset, Tether (USDT) tokens built on the Tezos blockchain, and with the ambition of expanding their digital footprint across the digital payments and decentralized finance (DeFi) sector. According to the press release, “USDT on Tezos will power revolutionary applications across payments, DeFi, and more.” In conversation with a Tether representative,…