Uphold CEO JP Thieriot said that the nature of life in Latin America begs for use cases based on Bitcoin. El Salvador’s Bitcoin (BTC) adoption has triggered a digital asset revolution in Latin America, and the region could benefit even more if people can exchange cryptocurrencies, fiat money and the upcoming central bank digital currencies…
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Mastercard, the American multinational financial services corporation, announced the company is dipping further into the digital asset ecosystem by acquiring the blockchain intelligence firm Ciphertrace. The partnership announcement says the firm will help bolster Ciphertrace’s and Mastercard’s cyber security solutions. Mastercard Purchased Ciphertrace for Undisclosed Sum On Thursday, the financial payments giant Mastercard (NYSE: MA)…
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After launching a crypto debit card in the U.S., Uphold is planning to roll out a multi-asset crypto card in Europe in April 2021. Uphold, an American digital wallet and trading platform, has acquired European card issuer Optimus Cards UK Limited to launch a cryptocurrency-enabled card on the continent. According to a Feb. 2 announcement,…
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The token, which has gotten a lot of attention for its interesting way of placating U.S. regulators, is now live for IMVU users in over 140 countries. IMVU’s new fiat-convertible VCOIN goes live on the social network. Per a Jan. 12 company announcement shared with Cointelegraph, VCOIN is available for users of IMVU, starting today.…
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The payments processor and exchange is committing to only delist XRP if and when the lawsuit is resolved. Cryptocurrency payments processor and exchange operator Uphold has formally clarified that it will not delist XRP for the time being. As part of an announcement made on Monday, Uphold stated it will not be removing XRP from…
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“Combine a digital asset with a rainforest carbon offset and give everyone in the world access.” An alliance of crypto firms is introducing tokenized carbon credits for individuals to offset the amount of carbon dioxide they contribute. According to a Tuesday announcement, the Universal Protocol Alliance has launched a tradable carbon token on a public…
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“We just want to know that our funds are safe,” said one Cred user United States-based cryptocurrency lending service Cred filed for Chapter 11 bankruptcy protection on Saturday, leaving many customers searching for solutions to get their funds. According to court documents, the legal team for Cred CEO Daniel Schatt filed bankruptcy papers for the…
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A supposed Uphold user said that the first issues on CredEarn started on Oct. 15. Cred, a United States-based cryptocurrency lending service, has officially announced the temporary suspension of operations due to an ongoing investigation. On Oct. 29, Cred executives tweeted that the company is now cooperating with law enforcement authorities to investigate a “recent…
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Digital payment platform Uphold has launched a debit card that lets users spend converted digital assets, cash and commodities. Digital payment platform Uphold has released a new debit card, allowing users to pay with converted crypto, commodities and cash. Uphold’s new multi-asset debit card allows United States-based participants to spend assets held in their Uphold…
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Uphold and SALT form partnership to bring liquidity to millions of crypto holders through crypto-backed loans. Uphold, a digital money platform providing access to investments and payments using blockchain technology, has announced a partnership with crypto-backed lending company Salt. Together, the two plan to provide users with cash or stablecoin loans using cryptocurrencies as collateral.…
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