Cosmose AI, an AI-driven retail analytics firm, has entered into a strategic partnership with the Near Foundation, a Swiss non-profit organization focused on the governance and development of the NEAR protocol. The undisclosed investment from the foundation has raised Cosmose AI’s valuation to $500 million. Founded in 2014, Cosmose AI specializes in using AI analytics…
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Indian e-commerce giant Flipkart partnered with Polygon-incubated organization eDAO to launch a virtual shopping world in the Metaverse. Consumers in India are getting more options for a digital shopping experience as major local e-commerce platforms increasingly experiment with blockchain and the Metaverse. Indian shoppers can try out products from brands like Puma and Nivea in…
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South Koreas will be immersed in the Metaverse sooner than later, as industries and public services begin rolling out virtual avatars and applications across the country. The South Korean people and an increasing number of major companies in the country have begun to embrace and integrate the Metaverse into their everyday lives in new and…
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Some 450,000 JD.com customers have used China’s digital yuan for payments as of June 2021. E-commerce giant JD.com took payments in China’s central bank digital currency (CBDC) at a massive local shopping event. JD.com accepted digital yuan (e-CNY) for payment on its e-commerce application for the Singles Day promotion period which began on Oct. 31…
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According to CNBC, a Walmart spokesperson confirmed a press release on Litecoin was “not authentic” roughly an hour after the initial report broke. The price of Litecoin rose to more than $237 this morning following erroneous reports from major news outlets that U.S. retailer Walmart would be introducing a payment option for the cryptocurrency on…
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Amazon has been silently working on a new digital currency project in Mexico, according to the company’s job postings. American e-commerce giant Amazon is developing a new service that will allow its customers to shop using digital currency, according to the company’s job postings. According to an official job application on Amazon, the company is…
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Loyalty can be so rewarding. Gamified shopping loyalty platform StormX will now let its users earn cashback in cryptocurrencies when shopping at Walmart. According to an announcement shared with Cointelegraph on August 14, StormX users can now earn up to 4% cashback in crypto for purchases made at Walmart. Users who achieve a “Diamond” rank…
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Notable entrepreneurs are backing the seed funding round led by Pathfinder that aims to strengthen Lolli’s app. Bitcoin (BTC) rewards company Lolli announced on Monday the close of an oversubscribed $3 million seed-II funding round led by Pathfinder and investors such as Michelle Phan, Ashton Kutcher and Guy Oseary. According to the announcement, the funding…
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Alibaba partnered with Bitcoin rewards shopping app Lolli, enabling its shoppers in the U.S. to earn 5% back in Bitcoin. Chinese e-commerce giant Alibaba has partnered with Bitcoin (BTC) rewards shopping app Lolli, enabling its shoppers to earn 5% back in Bitcoin. Alibaba customers can now get Satoshis (sats), the smallest unit of Bitcoin currency,…
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