American Express credit card holders may one day be able to redeem points for cryptocurrencies, but the company has no immediate plans to issue a crypto-linked credit card. In a Tuesday interview with Yahoo! Finance, Amex chief executive officer Stephen Squeri said credit card holders were “probably not gonna see a Amex crypto-linked card anytime soon” but the company was…
This guide explains how to get started with a Passport cold storage wallet. The passport is a Bitcoin hardware wallet that is assembled in the U.S., fully open source and designed to only be used in a secure, air-gapped fashion. Taking self custody of your bitcoin means that you are ultimately responsible for your own wealth, there is no bank…
Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current monetary easing policy and raising the benchmark interest rate. Economists and market analysts fear the hawkish Federal Reserve will tighten markets too fast after the central bank expanded the U.S.…
An interesting year has come to an end for the crypto industry in Germany. Although blockchain technology and cryptocurrencies have not yet found wide acceptance in the country, more and more domestic institutions and investors are becoming interested in the crypto world thanks to legal clarity. Here, we’ll look back at the most important developments in the German blockchain and…
After crashing to their lowest prices since summer 2020 last week, Bitcoin and Ethereum have begun to recover. The world’s two biggest cryptocurrencies are both up around 8%. Bitcoin currently trades at around £36,400, about 8% higher than it was this time yesterday, but around 10% down from Tuesday last week, when it traded for over $42,000. Ethereum is worth…
Flushing Bank customers will soon be able to buy, sell, and hold bitcoin directly within their online banking accounts.The NY State-chartered bank will enable the functionality in Q1 through NYDIG and Q2 Holdings.Q2 provides digital banking solutions to Flushing Bank. Flushing Bank, a New York State-chartered commercial bank, will offer Bitcoin services to its customers in Q1 2022, the company…
YouTube CEO Susan Wojcicki has suggested that the company is considering the possibility of “expanding” YouTube’s offering to include NFTs. In her annual letter to creators, Wojcicki stated that the platform was interested in “expanding the YouTube ecosystem”, and indicated that this expansion could include “things like NFTs.” It’s unclear what form NFTs on YouTube would take, but the primary…
Even though the digital asset market seems to be witnessing a bit of a lull at the moment, the adoption of crypto-centric tech has continued to move forward with a full head of steam globally. Africa, in particular, is a continent where a growing list of mainstream financial entities have continued to make their presence felt, as they have begun…
The new private messaging app called ‘xx messenger’ has been developed by renowned cryptographer David Chaum and it claims to be quantum-resistant. The messenger claims to be quantum-resistant, making it able to shield message content from all currently known decryption efforts. This would protect sender, receiver, and their location data from being intercepted or tracked by unwelcome interlopers. The app…
The central bank’s push for a restrictive policy regarding cryptocurrencies is not gaining support among members of the Russian government, legislature, or law enforcement. A blanket crypto ban, as proposed by the bank, would make a laughingstock of Russia, lawmakers have warned. Bank of Russia’s Hardline Stance on Crypto Rejected by Other Russian Institutions The Central Bank of Russia’s lobbying…
