Picpay, one of the most popular payments fintech companies in Brazil, has announced that it will start including cryptocurrency services in its app. The company explained that these services will include the possibility of purchasing crypto and processing payments with crypto directly. Picpay follows the actions of companies like Nubank and Mercado Libre, which have also started offering crypto services recently. Picpay to Allow Customers to Use Crypto From App More fintech-based companies are now approaching crypto as a way of extending their service offering for their customers.…
Tag: News
Tothesmart Is an Exclusive New Smart Contract Built on the Binance Smart Chain Blockchain – Press release Bitcoin News
press release PRESS RELEASE. Now there is no need to buy expensive equipment and pay for electricity, you can simply buy virtual miners from Tothesmart and earn up to 5% per day in passive income. What is Tothesmart? Tothesmart is a Play to earn mining Farm built on the Binance Smart Chain blockchain.An open smart contract with a unique mathematical model based on the successful mining model of bitcoin and other cryptocurrencies. The goal is to create a large international community and further develop the Tothesmart ecosystem in the cryptocurrency…
Playboy Joins The Sandbox Virtual World — Lifestyle Firm’s Metamansion to Feature NFTs and Special Events – Blockchain Bitcoin News
On July 11, Playboy, the lifestyle and entertainment firm founded in 1953, revealed a licensing collaboration with the blockchain-based virtual world The Sandbox. The two companies detailed that the newly formed partnership aims to provide metaverse visitors with a Playboy-themed “social gaming experience.” Playboy Enters The Sandbox PLBY Group, Inc. (NASDAQ: PLBY), commonly referred to as Playboy, announced on Monday that the firm is collaborating with the blockchain project The Sandbox. Launched in March 2012, The Sandbox platform evolved from a two-dimensional (2D) game to a three-dimensional (3D) metaverse powered…
SOL Snaps Recent Losing Streak, as MATIC Moves Towards Resistance – Market Updates Bitcoin News
SOL was slightly higher on Tuesday, as prices rebounded following recent declines. The token bounced on its long-term support point earlier today, as bulls entered the market. MATIC also moved higher, colliding with its own price ceiling. Solana (SOL) SOL was trading marginally higher in today’s session, as prices rebounded following a four-day losing streak. This streak was snapped as bulls entered the market close to a support point of $32.65, pushing prices away from recent lows. Tuesday’s rally saw SOL/USD hit an intraday peak of $35.64, with some now…
BTC Below $20,000 as Markets React to Increasing Dollar Strength – Market Updates Bitcoin News
BTC fell below $20,000 on Tuesday, as volatility in financial markets continued to peak, due to current levels of inflation. The euro fell to its lowest level against the U.S. dollar in over twenty years, and this dollar strength seems to be impacting crypto prices. ETH also slipped, falling below $1,100. Bitcoin Bitcoin dropped below $20,000 during Tuesday’s trading session, as markets responded to recent bearish pressure. The world’s largest crypto token fell to a low of $19,613.95 earlier today, which is roughly $1,000 lower than yesterday’s peak at $20,664.82.…
Nigerian Mobility Fintech Secures $20 Million From British Development Finance Institution – Fintech Bitcoin News
A Nigerian fintech, Moove, recently secured a $20 million investment from British International Investment (BII). Moove said the funds will be used to democratize access to vehicle ownership in Africa. Credit Extended Based on Drivers’ Performance and Revenue Analytics The British development finance institution (DFI), British International Investment (BII), recently said it had invested $20 million in the Nigerian mobility fintech Moove. According to a statement released by the institution (formerly CDC Group), the 4-year structured credit investment is a reflection of BII’s “focus on mobilizing capital to build self-sufficiency…
Everscale Trail-Blazes Through H1 2022 – Sponsored Bitcoin News
With live-tested transaction speeds of 64,000 TPS, infinitely scalable blockchain Everscale is undeniably one of the fastest out there, and if H1 2022 is anything to go by, its development progress is no less rapid. Despite seriously bearish trends in the crypto market triggered in large part by the collapse of Terra’s LUNA token and UST stablecoin, and later compounded by a significant crisis for crypto lender Celsius, Everscale continued to bolster its already considerable advantages at a rate of knots, ticking off plenty of roadmap goals as it went.…
Spain to Offer Grants for Metaverse Companies – Metaverse Bitcoin News
The government of Spain has announced it will issue a series of grants and aid for metaverse-related developments. The individuals and companies interested in receiving these grants will have to be based in the European Union or Spain and present a plan, and meet a series of requirements, to be considered. The first batch of grants will be dedicated to the gaming and entertainment sector. Spain Acknowledges Relevance of the Metaverse Countries from all over the world are now considering the metaverse and its related technologies as important…
Insurance Company Sued for Refusing to Cover $7.5 Million Bitcoin Ransom Payment – Featured Bitcoin News
A British jeweler has sued its insurance company for refusing to cover a bitcoin ransom payment of $7.5 million. The jeweler paid the hackers to prevent sensitive customer data from being published. Insurance Company Faces Lawsuit for Refusing to Cover Bitcoin Ransom Payment A luxury British Jeweler, Graff, has sued its insurer, The Travelers Companies, for refusing to cover a ransom bitcoin payment, Bloomberg reported last week. The jeweler paid a bitcoin ransom of $7.5 million to the Russian hacking gang Conti after the group threatened to leak data of…
G20 Watchdog Announces ‘Robust’ Global Crypto Regulation Coming in October – Regulation Bitcoin News
The Financial Stability Board (FSB) says it is working on a “robust” regulatory framework for crypto assets and will report its recommendations to the G20 finance ministers and central bank governors in October. FSB to Present Robust Crypto Regulatory Framework to G20 in October The Financial Stability Board (FSB), an international body that monitors and makes recommendations about the global financial system, released a statement Monday on the “international regulation and supervision of crypto asset activities.” The G20 watchdog stated that it is committed to promoting “international consistency of regulatory…