Month: February 2023

Under-the-Radar Altcoin Jumps 34% After Surprise Listing From Crypto Exchange Binance

boss

A surprise listing from Binance has triggered a big rally for a crypto project focused on helping funds flow from one blockchain to another. The exchange has added Synapse (SYN) to its Innovation Zone, which is a dedicated trading space for crypto assets that could be prone to increased volatility. Immediately after the listing, SYN surged from a 24-hour low of $1.25 to a high of $1.68 – an increase of 34%. Following the initial burst, SYN has retraced to $1.61 at time of publishing. Synapse is a decentralized bridge…

Peugeot, Jeep Manufacturer Stellantis Reports Record Full-Year 2022 Earnings, Announces Massive Shareholder Payout

Automotive corporation Stellantis targets global BEV sales of 5 million by 2030 following its commendable full-year results.  Stellantis recently posted its full-year 2022 earnings results, which showed a 26% rise in net profit to a record 16.8 billion euros, or $17.9 billion. The multinational automotive manufacturing corporation also experienced a 41% annual jump in electric vehicles and global battery sales. Following its commendable full-year outing, Stellantis announced a massive 4.2 billion euros ($4.47 billion) dividend payout to shareholders. This payout scheme is still subject to shareholder approval and represents 1.34 euros…

Paraguay to Become Top Bitcoin Mining Hub in Latam According to Insight Group – Mining Bitcoin News

boss

Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes there are many elements in favor of Paraguay, including the abundance of clean hydroelectric power sources. However, the stance that the government has taken toward cryptocurrency mining could slow this growth process. Paraguay Has All the Elements to Become a Bitcoin Mining Power in Latam, According to Insight Group Paraguay, a country not especially known for its crypto…

France pilots in-store crypto payments as Binance partners with Ingenico

boss

The mainstream adoption of crypto and crypto-based services continues, as more companies are bridging traditional financial (TradFi) solutions with decentralized financial (DeFi). In an announcement on Feb. 22, a new pilot program launched between Binance and Ingenico payment solutions now allows in-store crypto payments via Binance Pay. Currently, the initial test of this offering is only available on Ingenico AXIUM payment terminals in France. According to the announcement, more than 50 cryptocurrencies will be accepted with this program. Initially, merchants will be paid in cryptocurrency. However, a crypto-to-fiat solution in…

Google Cloud Will Become Operator on Tezos Network

The deal with Tezos will allow corporate clients of Google Cloud to develop and deploy web3 applications on the Tezos blockchain using Google’s cloud infrastructure. In the latest development, Google Cloud has joined hands with the Tezos Foundation in order to accelerate further the development of Web3 applications on the Tezons blockchain network. As a result, Google’s cloud computing operator will now become a validator on the Tezos blockchain. With this partnership, Google’s corporate customers will be able to deploy Tezos nodes. Nodes basically function as computed that can run…

IEX Exchange Looking to Float Regulated Crypto Outfit with Coinbase

Despite the scare from regulators, many still attest to the fact that the crypto market will play a crucial role in the future of finance. American trading bourse, the IEX Exchange is looking to launch a digital currency trading platform in partnership with publicly traded industry leader, Coinbase Global Inc (NASDAQ: COIN). According to a Fox Business report citing sources close to the discussions, IEX Exchange Chairman Brad Katsuyama has been in talks with Coinbase in order to achieve that primary goal. As noted, the stock exchange has been in…

Mastercard Partners Web3 Payment Protocol Immersve to Allow Crypto Payments via USDC

There is no need for Mastercard users to rely on a third party to make a direct crypto payment, they can just use their existing Web3 wallets and private keys to approve payments. Meanwhile, Immersve will find a third-party settlement provider and allow its users to use USDC for paying for all purchases. Mastercard Incorporated (NYSE: MA) has partnered with Immersve, a Web3 payment protocol and end-end crypto card issuing platform that supports both centralized and decentralized payment experiences. Within the deal, Mastercard will enable its users to pay using crypto on digital,…

Mr․ Satoshi Is The New Premium Bitcoin Apparel Store You Do Not Want to Miss – Sponsored Bitcoin News

boss

sponsored A new player has entered the Bitcoin apparel market and is quickly making a name for themselves. Founded by Bailey Jakob, an Australian-born entrepreneur and Bitcoin enthusiast, Mr. Satoshi has quickly become the go-to brand for high quality and professionally designed Bitcoin clothing. Mr. Satoshi is a new U.S. based premium Bitcoin apparel store that is making waves throughout the Bitcoin community with their high quality & luxuriously designed Bitcoin apparel. Mr. Satoshi launched on January 4th and in their first month, saw more than 20,000 individual visitors to…