Coinbase has launched a grassroots political campaign to promote pro-crypto policies, according to a Feb. 28 Twitter thread from the company. The company said that the #Crypto435 campaign is intended to “grow the crypto advocacy community and share tools and resources,” so that crypto users can make their voices heard in all 435 congressional districts. 1/ It’s time to advance…
Payments company Visa has said it is not slowing down with its cryptocurrency plans—despite news reports hinting otherwise amid a brutal bear market. The U.S. company’s Head of Crypto Cuy Sheffield said in a series of tweets Tuesday that a Reuters story claiming both Visa and Mastercard were slowing down their crypto push was “inaccurate” when it comes to Visa.…
Payments company Visa has said it is not slowing down with its cryptocurrency plans—despite news reports hinting otherwise amid a brutal bear market. The U.S. company’s Head of Crypto Cuy Sheffield said in a series of tweets Tuesday that a Reuters story claiming both Visa and Mastercard were slowing down their crypto push was “inaccurate” when it comes to Visa.…
In a new blog post published on Feb. 28, Ethereum (ETH) co-founder Vitalik Buterin documented the continued need to improve the namesake network to better facilitate ETH as a means of payment. In one instance, Buterin shared how he tried to pay for tea for himself and friends at a coffee shop in Argentina in 2021, but had to pay…
Roughly 11 days ago, it was reported that Nishad Singh, the former director of engineering at FTX, was working with federal prosecutors to arrange a plea deal. On Tuesday, Singh pleaded guilty to criminal charges and stated, “I am unbelievably sorry for my role in all of this.” Singh Cooperating With Authorities in FTX Investigation; Bankman-Fried Declines to Comment on…
The recent weakness in the crypto market has not invalidated the six-week-long ascending trend, even after a failed test of the channel’s upper band on Feb. 21. The total crypto market capitalization remains above the psychological $1 trillion mark and, more importantly, cautiously optimistic after a new round of negative remarks from regulators. Total crypto market cap in USD, 12-hour.…
According to a recent report from sources familiar with the matter, Mastercard and Visa, the credit card and payment services giants, are halting new partnerships with cryptocurrency firms. This news comes after the collapse of several cryptocurrency ventures that offered crypto debit cards and failed due to financial difficulties last year. After the report published, Visa’s head of crypto, Cuy…
Nishad Singh, former director of engineering at FTX, is expected to plead guilty to fraud charges brought by U.S. prosecutors who are investigating the now bankrupt FTX cryptocurrency exchange, Reuters reported on Feb 28. During the hearing in a Manhattan federal court, Singh’s lawyer announced that his client had agreed to plead guilty to one count of wire fraud, one…
Nishad Signh, former head of engineering at bankrupt crypto exchange FTX pleaded guilty to criminal charges Tuesday, the third member of founder Sam Bankman-Fried’s inner circle to admit to illicit activities in relation to FTX. Signh’s lawyer said the former high-level employee at FTX has agreed to plead guilty to criminal charges during a court proceeding, Reuters reported, after Singh…
If there’s one word that could be used to describe the majority of crypto hardware wallets to date, it’s “functional.” Resembling USB sticks, remote car key fobs, and pocket calculators, their appearance belies the sometimes eye-watering amounts of money they secure. With its latest device, the Stax, French hardware wallet manufacturer Ledger is aiming to change all that—this is a…
