Latam merchants will be slower in adopting cryptocurrency payments compared to merchants in other regions, according to the latest payments survey conducted by Ripple and the Faster Payments Council. The survey, which polled close to 300 payment leaders at a worldwide level, suggests that massive crypto adoption for payments will solidify in three years. Ripple…
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As the number of Bitcoin-based Ordinal inscriptions nears the 300,000 mark, Galaxy Digital’s research team published a report on the subject that says the market size of non-fungible tokens (NFTs) built on Bitcoin could reach $4.5 billion over the next two years. The researchers at Galaxy think that new use cases stemming from the inscription…
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Blockchain-based fan token platform Chiliz has launched a $50 million incubator and accelerator program to fund early-stage projects in the sports and entertainment industries that use the Chiliz blockchain. The incubator program, called Chiliz Labs, will fund early-stage blockchain projects that leverage the Chiliz blockchain for sports and entertainment, as well as its Socios.com partner…
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The typically complicated process of onboarding new users to Web3 may have just become a bit easier: US-based startup ReDeem claims to have simplified this process by allowing users to interact with non-fungible tokens (NFTs) via their phone numbers…. Read More: New Crypto Startup Enables Users to Send NFTs Using Phone Numbers – Is This The…
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Shenzhen, China has initiated a scheme to promote the usage of its digital yuan among Hong Kong tourists by providing them with physical cards and discounts. However, the initial response during the first few days appears to have been lackluster. Per Shenzhen News, the country’s first digital yuan hard wallet self-service card issuing machine was…
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Visa has reiterated its commitment to crypto, refuting recent reports that the payment giant plans to pause its crypto push due to uncertain market conditions. Cuy Sheffield, Visa vice president and head of crypto, said in a recent tweet that the company plans to continue working on its crypto strategy and ink new partnerships with…
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Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at the time. Today, the same website indicates that there are 22,709 crypto assets. Additionally, the market capitalization of the crypto economy has grown significantly, increasing by…
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Neal Stephenson, ostensibly the first to coin the term “metaverse,” issued his opinion about the future of the adoption of virtual worlds. The sci-fi writer and co-founder of Lamina1, a blockchain metaverse company, believes that building experiences that millions of people consider worth having in virtual worlds is quite difficult, hampering the adoption process of…
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Online music streaming giant Spotify is testing a new playlist function made specifically for non-fungible tokens (NFTs) holders. Called Token-Enabled Playlists, the new function will enable users who hold certain NTFs to connect their crypto wallets to Spotify and access exclusive content. … Read More: Spotify’s Latest Experiment: Playlists Unlocked by NFT Holders – The Future…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Coinbase’s New Blockchain Testnet, Spotify’s Token-Enabled Playlists, 3AC’s NFT Sale, Metaco’s Partnership with DZ BANK AG Read more »Sign up for e-EUR – the progressive stablecoin
