Kim Kardashian, EthereumMax and the SEC's Publicity Grab Source
Kim Kardashian, EthereumMax and the SEC's Publicity Grab
Day: October 4, 2022
Mastercard Debuts Blockchain Surveillance Tool for Banks and Crypto-Centric Card Issuers – Bitcoin News
On Tuesday, the multinational financial services corporation Mastercard revealed that it is launching a new crypto monitoring product called Crypto Secure. The Crypto Secure software aims to leverage artificial intelligence (AI) algorithms in order to help banks and crypto-centric debit card issuers identify fraudulent crypto transactions. Mastercard, Ciphertrace Introduce New Crypto Monitoring Product Called Crypto Secure Mastercard (NYSE: MA) has introduced a new piece of software that leverages blockchain surveillance tactics and AI to identify fraudulent crypto transactions. The finance company shared the news exclusively with CNBC and according to…
NFT Firm Seeks US Election Commission’s Approval to Market Campaign Souvenirs
“The NFT would be offered by the political committee with a focus on high-volume low-dollar donors consistent with the federal contribution limits,” according to the company’s FEC request. “The NFT could contain artwork, campaign literature, position papers and other campaign approved and compliant digital content including video, audio and interactive social media.” Source
Elon Musk Reportedly Proposes to Proceed With Twitter Acquisition
Alongside a spike in Twitter shares, Musk crypto favorite Dogecoin has moved higher. Source
European Parliament members vote in favor of crypto and blockchain tax policies
Members of the Parliament of the European Union voted in favor of a non-binding resolution aimed at using blockchain to fight tax evasion and coordinate tax policy on cryptocurrencies. In an Oct. 4 notice, the European Parliament said 566 out of 705 members voted in favor of the resolution originally drafted by member Lídia Pereira. According to the legislative body, the resolution recommended authorities in its 27 member states consider a “simplified tax treatment” for crypto users involved in occasional or small transactions and have national tax administrations use blockchain…
Asset Management Giant Fidelity Adds to Crypto Offerings With Ethereum Index Fund
Fidelity launched its crypto-focused institutional custody and trading platform Fidelity Digital Assets in 2018. The firm offers two exchange-traded crypto funds dedicated to the metaverse and digital payments, respectively. Last month, news broke that Fidelity was considering offering crypto trading to its retail brokerage clients. Source
DeSo is Elon Musk and Jack Dorsey’s Answer for Decentralized Social Blockchain
Los Angeles, CA, 3rd October, 2022, Chainwire Takeaways: Jack Dorsey and Elon Musk’s Messages call for a decentralized social media blockchain: DeSo could be the answer. Sam Bankman-Fried, Founder of FTX crypto exchange, also had a conversation about buying Twitter or creating a blockchain-based social network The DeSo Foundation just released its roadmap to decentralize social media The DeSo Foundation announces the release of their ambitious roadmap to decentralize social media and build The Social Layer of Web3. Milestones on the roadmap will be executed over the next…
If Credit Suisse collapses, will it bring more volatility to the crypto market? Watch The Market Report
On this week’s The Market Report show, Cointelegraph’s resident experts discuss if the potential collapse of the Credit Suisse bank could bring more volatility in the crypto market. To kick things off, we break down the latest news in the markets this week: BTC price still not at ‘max pain’ Bitcoin (BTC) starts a new week in a precarious place as global macro instability dictates the mood. After sealing a weekly close just inches above $19,000, the largest cryptocurrency still lacks direction as nerves heighten over the resilience of the global…
Bitcoin Price Sees Open Interest Surge, Rally Will Be Short Live?
The Bitcoin price is once again trading above $20,000, its 2017 all-time high, with bullish momentum on low timeframes. The cryptocurrency has been in a similar situation since losing this level early in 2022, leaving many traders to wonder if the bulls will be able to sustain the current price action. At the time of writing, the Bitcoin price trades at $20,100 with a 4% profit in the last 24 hours and a 5% profit in the last 7 days, respectively. Other cryptocurrencies in the top 10 by market capitalization…
Can Starbucks Bring Web3 Into the Mainstream?
First, Starbucks Odyssey is additive, not substitutive. Starbucks’ current reward program is arguably the most successful loyalty program in the world, with nearly 60 million rewards customers globally and 30 million in the U.S. alone. The loyalty program drives approximately 50% of all Starbucks revenue through incentivizing repeat business, upselling, and customer personalization. It would be quite a leap of faith for Starbucks to discard its wildly successful traditional rewards program and replace it with a Web3-based program, given the newness of the technology and the uncertain success of an…