Tag: Adoption

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Several Chinese Media Outlets Setup a “Blockchain-Powered News” Department

A group of media outlets from China established an alliance to operate a news department based on blockchain technology. A group of 12 Chinese media organizations conformed by television stations, local newspapers, radio stations, and web media allied to create a “blockchain-powered news department” on May 21. According to the report published by China Email,…
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Why Have Cryptocurrency Payments Failed to Take Off So Far?

Cointelegraph interviewed merchants and executives from Crypto.com and Pundi X to learn about the current state of crypto payments for retail customers. Paying with crypto has long been at the center of the discussions of why cryptocurrencies exist and why they are useful. But despite promising growth and excitement during crypto’s bullish phases, payments with…
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Crypto.com to Expand Its MCO Visa Card Service to Canada

After expansion across Europe, Crypto.com is now set to roll out its MCO Visa Cards in Canada. Leading cryptocurrency payments platform Crypto.com announced that it has received regulatory approval for its Visa card program in Canada, and will soon be rolling out MCO Visa cards in the country.  MCO Visa cards are prepaid cards that…
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Keeping Enemies Close: JPMorgan Servicing Crypto Firms Opens a New Frontier

Despite JPM’s boss being tough on crypto, the bank takes on two regulated exchanges as clients in what some are calling a “game-changer.” As the largest among the United States’ “Big Four” banks, JPMorgan Chase comes across as an unlikely ally to digital asset service providers seeking to break through the glass ceiling still separating…
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Bitcoin Suisse Targets Institutional Clients With Secure Custody, Staking for Tezos

Major Swiss crypto broker Bitcoin Suisse has added custodial support and staking services for Tezos, using its PwC-audited vault storage. Major Swiss cryptocurrency broker Bitcoin Suisse has added high-security custodial support and staking services for Tezos (XTZ), with an eye to its institutional clients. In an announcement on May 19, Bitcoin Suisse — which custodies…
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Atari Partners With Litecoin Foundation — LTC Discount For Game Consoles

Legendary video game producer Atari partners with the Litecoin Foundation to take advantage of the overlap between the two communities. On May 19, the Atari Group announced a partnership with the Litecoin (LTC) Foundation, betting on the overlap of interests between the crypto and gaming communities. Atari has raised 74.19 Bitcoin (BTC), worth roughly $514,000…
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CZ on Binance’s New Chinese Domain: ‘Let’s Focus on Tech First’

Binance’s new Chinese website gets an approval from the China’s Ministry of Industry and Information Technology. Binance, the world’s largest cryptocurrency exchange and owner of crypto pricing website CoinMarketCap, is getting closer to one of the most crypto-sceptical jurisdictions in the world, China. After leaving the country amid a nation-wide crypto ban in 2017, Binance…
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Celsius CEO: Catering to ‘The 1%’ Was Not the Plan

After surpassing 50,000 BTC in user deposits, Celsius’ CEO told Cointelegraph that the DeFi app has fallen short on its goals for adoption among smaller users. Earlier this month, pioneering decentralized finance (DeFi) lending application Celsius surpassed 50,000 in total Bitcoin (BTC) deposited to the platform. In an interview with Cointelegraph, Celsius founder and VoIP…
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Winklevoss Biographer Writes Newest, BTC-Heavy Episode of ‘Billions’

Crypto fans witnessed another episode of Billions featuring a plot focused on a Bitcoin mining operation. The world of cryptocurrencies figured prominently in the newest episode of the Showtime series Billions, which was broadcast on Sunday. The story revolved around a crypto mining scheme in a preparatory school.  Notably, the episode was written by Ben Mezrich,…
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U.S. Consumer Protection Agency Recognizes XRP’s Potential in Remittance

A U.S. consumer protection agency shout outs Ripple and XRP cross-border settlements in a recent regulatory update. The U.S. Consumer Financial Protection Bureau (CFPB) has recognized the role of Ripple and XRP in cross-border transfers, a recent rule on remittance transfers shows. According to the May 11 paper, the CFPB — a bureau tasked with…
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