Ripio launched a prepaid card in Brazil that pays 5% bitcoin cashback. Monthly maximum of R$250 per month until October 31 this year. Ripio expects to have 250,000 users by December. Ripio, a cryptocurrency service provider, has launched the prepaid Ripio Card for Brazil in partnership with Visa, per a report from Portal do Bitcoin. Users of the Ripio Card…
Cryptocurrency companies have been moving to improve compliance worldwide amid the bear market of 2022, with many platforms increasingly securing licenses and approvals. As one may find it difficult to track all global regulatory milestones in crypto, Cointelegraph has picked up some of the latest compliance developments over the past couple of weeks. Global crypto firms have recently been active…
In Decentraland’s third annual Metaverse Art Week held on Aug. 24–28, curators turned to new ways to utilize digital space to bring more interactive and true-to-life experiences of art. The metaverse world modeled its latest virtual festival after the real-life Biennale art event, which utilizes public space to display art. Visitors to the in-real-life (IRL) festival can walk around spacious…
Bitcoin (BTC) changed the world as a decentralized and non-governmental form of currency that can facilitate peer-to-peer (P2P) transactions that transcend national borders. But, despite this functionality, Bitcoin’s role as a payment mechanism has been called into question due to its low transaction throughput. The Bitcoin blockchain can handle up to seven transactions per second, which means that network demand…
Bitcoin (BTC) stayed strictly rangebound on Aug. 24 as buyers and sellers attempted to spark a breakout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Spot price squeeze on the cards Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $21,500 at the Wall Street open. The pair had seen little action in the 24 hours prior, entering a…
Kenanga Investment Bank to launch a super app in 2023 which will support bitcoin and other cryptocurrencies.The bank boasts over 500,000 users and wants to distribute its product to other banks.The app will embed all of the bank’s financial services onto one platform, including a digital wallet. Kenanga Investment Bank Berhad, a leading private investment bank in Malaysia, has partnered…
Roughly seven weeks after Keyfi founder Jason Stone filed a lawsuit against the crypto lender Celsius, the company has filed a countersuit against Stone claiming that he stole millions from Celsius wallets and allegedly “pocketed seven-figure returns.” Stone’s attorney Kyle Roche says the lawsuit is an attempt to “rewrite history,” and to use Stone as a “scapegoat” for the company’s…
Philippine universities will offer free courses on Bitcoin and other digital assets in partnership with Binance.The exchange participated in a Senate hearing in the country with industry regulators and leaders to help develop guidelines for digital assets. Financial literacy and consumer protections will be the primary focus for the region’s framework. Binance, the world’s biggest cryptocurrency exchange, recently attended a…
Searching for more evidence that self-custody of your cryptocurrency holdings beats a centralized manager? Look to the latest action by the Federal Deposit Insurance Corporation (FDIC). The agency sent a letter to FTX Exchange this month — along with four other entities — that included a cease and desist order for “false and misleading statements.” Namely, it accused the exchange…
One of the world’s oldest competitive “breakers,” or breakdancers, is twisting and shouting Bitcoin (BTC) on dancefloors across the United States. Aged 64, Ben Hart told Cointelegraph he reckons he’s “the world’s oldest actively competing breaker.” For context, Gary Gensler, the Securities and Exchange Commission, or SEC Chair, is the same age. But it’s unlikely Gensler will be shredding up…
