According to a recently published study by Merchant Machine, mobile wallets are predicted to have 4.4 billion users by 2024. Merchant Machine’s findings show the global pandemic propelled the popularity of digital wallets and researchers expect the numbers to grow from 44.50% of the population in 2020 to 51.70% by 2024. Half the World’s Population…
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Three African countries — namely Cameroon, the Democratic Republic of Congo (DRC), and the Republic of Congo — are reportedly planning to adopt cryptocurrency and blockchain solutions powered by The Open Network (TON). Separately, Cameroon is considering issuing a national stablecoin that is based on the same blockchain network. Phased Adoption of the Solutions The…
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Ashton Kutcher, Gwyneth Paltrow, Justin Bieber and Snoop Dogg are among MoonPay’s strategic investors who have brought the company’s valuation to $3.4 billion. In November 2021, MoonPay announced a $555 million Series A financing round that brought the crypto payment platform’s valuation to $3.4 billion. On Wednesday, the fintech company revealed that $87 million of…
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A grassroots Bitcoin Lightning festival in Portland, U.S. demonstrated that the Lightning Network is the perfect companion for payments. There is “grassroots evidence” that “America is adopting Bitcoin,” according to Clay Graham, founder of Rapaygo and a Bitcoin Lightning Network (LN) enthusiast. At a Bitcoin Lightning festival held in Portland, United States over the weekend,…
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A fresh round of exchange listings and a cross-chain launch on the Binance Smart Chain have boosted ACH price by 77%. The cryptocurrency ecosystem has come a long way since the launch of Bitcoin (BTC) and in the last few years smart contracts have revolutionized the industry. With that said, there is still plenty of…
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Altcoins like XYO, CRO and WNXM are capitalizing on BTC and ETH’s consolidation by moving higher. Price action in the crypto market has not been for the faint of heart over the past 48 hours and it’s clear that volatility following Bitcoin (BTC) and Ether’s (ETH) breakouts brought new all-time highs. While the top two…
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COTI price rallied to a new high after a series of partnerships, exchange listings and a pivot toward NFTs lure new investors to the project. The blockchain ecosystem has evolved significantly over the past decade as smart contract capabilities have moved the industry from being a simple medium of exchange to a bustling ecosystem full…
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TEL price broke out into a vertical rally after a protocol upgrade and a layer-2 migration that enabled trading on QuickSwap. The ability to send money to anyone, anywhere, at any time was one of the original motivations behind Bitcoin (BTC) that helped give rise to the expanding cryptocurrency ecosystem that exists today. Blockchain-based global…
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Deutsche Telekom has become the first telecom firm to join the Celo Alliance for Prosperity. Deutsche Telekom, one of the largest telecom providers in Europe, has invested in blockchain payments platform Celo to support the development of decentralized finance. The telecom giant has made a “significant purchase” of Celo’s native token CELO through its strategic…
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Small businesses can now accept cryptocurrency payments using OLB’s point-of-sale technology. OLB Group (OLB), a New York-based e-commerce merchant service provider, is making it easier for businesses to accept cryptocurrency payments. OLB’s more than 8,500 merchants are now able to accept Bitcoin (BTC), Ethereum (ETH), USDC and DAI at the point-of-sale through the company’s OmniSoft…
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