Day: February 16, 2022

Fireblocks acquires stablecoin payments platform First Digital

Blockchain infrastructure company Fireblocks has finalized the acquisition of First Digital, a stablecoin and digital asset payment platform, as part of a broader effort to expand its payment capabilities for the cryptocurrency sector.  The acquisition gives Fireblocks additional resources to enable payment service providers to acquire cryptocurrencies and accept payments in digital assets, potentially opening the door to wider use cases for the emerging technology. According to Fireblocks, merchants today are eager to integrate crypto payments but high wallet integration costs and manual Know Your Customer and Anti-Money Laundering screening…

Decentraland MANA Token Flexes Muscle — Can It Break Past Its No. 29 Spot?

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The value of the popular Decentraland currency MANA has hit the $3.27 today, Feb. 16, which market observers say is 10% higher than the past 24 hours. The data is based on a detailed real-time forecast and a technical analysis. As of this writing, the market capitalization of the cryptocurrency is at USD1,349,167,774. MANA is now the 29th most valuable cryptocurrency in terms of market value. Decentraland is offered on 204 crypto exchanges around the world. Its native crypto has been the most popular on exchanges including Binance, CoinTiger, and…

Portugal slowly becoming a ‘haven’ for European Bitcoiners

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While Switzerland holds the spotlight for being the most crypto-friendly jurisdiction in Europe, Portugal is picking up the pace. Indeed, the republic offers more than just quality of life improvements for Bitcoin (BTC) owners, including an attractive fiscal environment and a growing Bitcoiner community. Cointelegraph recently interviewed the Bitcoin Family, who recently relocated to Portugal, learning that there was more to the move than pursuing “300 days of sunshine” and “cheap coffee.” Didi Taihuttu, father and husband to the Bitcoin Family, first spoke to Cointelegraph six years ago. In 2016, he…

Crypto News: BTC Rally, Wormhole Hack, ADA, LTC, SOL & More!!

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Consumer-merchant mismatch slows down mainstream crypto adoption: Survey

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The secret to fast-track cryptocurrency’s mainstream adoption lies within addressing a contradicted consumer demand for crypto payments across business verticals, reveals a new survey.  In a study participated by crypto exchange Crypto.com’s 110,000 customers and over 1.5 million Worldpay merchants, roughly 60% of both merchants and customers shared their interest in crypto payments. However, the consumer demand does not reciprocate the business verticals that accept cryptocurrencies. Industry appetite for crypto payments. Source: Crypto.com As evidenced above, the consumer demand for crypto payments exceeds merchant availability across four major industries —…

Ethereum Web3 Wallet Rainbow Raises $18 Million From Alexis Ohanian’s Seven Seven Six – Bitcoin News

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The team behind the Ethereum wallet Rainbow announced the project has raised $18 million in a Series A funding round led by Alexis Ohanian’s venture capital firm Seven Seven Six. The new financing that follows the startup’s $1.5 million seed round will allow Rainbow to focus on “onboarding the next 100 million users to Web3.” Ethereum-Based Rainbow Wallet Raises $18 Million Rainbow, a non-custodial Ethereum (ETH) wallet that’s available for iOS and Android devices has announced the team has raised $18 million in a Series A investment round. The announcement…

61% of Luxembourg financial players to embark on crypto journey in 2022: PwC

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In a bullish report released by professional services firm PwC Luxembourg, 61% of 123 Luxembourg-based financial players are “embarking or planning to embark on a crypto journey.” The report comes hot on the heels of competitor professional services firm KPMG Canada’s decision to add Bitcoin (BTC) and Ethereum (ETH) to its treasury. It appears the Big Four is warming up to crypto. Thomas Campione, blockchain & crypto-assets Leader for PwC Luxembourg, told Cointelegraph that “For many years, traditional players have been looking at crypto-assets with skepticism.” He added that a…