Luxury sports car manufacturer Ferrari has announced the acceptance of cryptocurrency payments for its vehicles in the United States, with plans to extend the offering to Europe in response to customer requests. The decision comes after electric carmaker Tesla briefly accepted Bitcoin as payment in 2021, only to halt the practice due to environmental concerns…. Read More: Ferrari Greenlights Crypto Payments…
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Taylor Swift fans who are also crypto enthusiasts can now purchase tickets for the highly anticipated film “Taylor Swift: The Eras Tour” using various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Shiba Inu (SHIB). The movie, which hits theaters worldwide today, has already amassed an impressive $100 million in presales, setting the stage for a blockbuster premiere…. Read…
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Crypto payments infrastructure firm MoonPay has unveiled a new feature in its app that enables users to swap one cryptocurrency for another. “Introducing Swaps! Unlock the value from the assets you already own by swapping over 1,500 trading pairs,” the company said in a recent post on X (formerly Twitter)…. Read More: MoonPay Unveils Cryptocurrency Swapping Feature…
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The development team behind friend.tech has amassed nearly $20 million in revenue since its launch in August. According to data from DeFiLlama, friend.tech currently holds the position of the largest revenue-generating application on Base and the second-largest across the entire crypto space. At its current pace, the platform is projected to generate an annualized revenue of…
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A report from blockchain data analytics platform Chainalysis has revealed that the majority of crypto transactions in the United Arab Emirates (UAE) from July 2022 to June 2023 have been whale transactions, crossing over $1 million each. Majority Of UAE Crypto Transactions Exceeds $1 million The report from Chainalysis reveals that institutional investments accounted for…
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Coinbase has received regulatory approval to offer perpetual futures trading services to retail customers outside the United States. In a Thursday blog post, the largest US-based crypto exchange said it has received additional regulatory approval from the Bermuda Monetary Authority (BMA) to offer perpetual futures trading to non-US retail users. … Read More: Coinbase Secures Approval to Offer Perpetual Futures…
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Binance CEO Changpeng Zhao has refuted claims that he received a $250 million loan from BAM Management, the holding company of Binance.US, saying that it was the other way around. In a Wednesday tweet, the crypto boss said he “loaned $250 million to BAM a while back, not the other way around.” CZ even claimed that he has not…
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Chainalysis’ upcoming Global Crypto Adoption Index indicates that the wider Asia region is driving grassroots adoption of cryptocurrencies. India, Nigeria and Thailand are ranked as the three top countries in Chainalysis’ 2023 Global Crypto Adoption Index, with lower middle income nations leading the way in grassroots adoption of cryptocurrencies. The blockchain analytics firm released an…
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Two years after bitcoin (BTC) was established as legal tender in El Salvador, the Ministry of Education has begun a pilot program “that could bring Bitcoin education to every school in the country in 2024.” According to the announcement on the morning of September 7, the pilot program launched on the 2nd anniversary of the…
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Since August 11, 2023, the number of unique digital wallets storing the iris-scanning cryptocurrency worldcoin (WLD) stood around 468,466. But in the weeks since, ownership of the fledgling crypto has expanded by over 26% to 591,633 wallets. However, worldcoin’s value has moved in the opposite direction — plummeting over 35% against the U.S. dollar in…
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