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Musk has directed the team to develop a Twitter payment platform initially supporting fiat currencies. SpaceX founder and Tesla CEO Elon Musk is going to make Twitter an ‘everything app’. In the recent announcement, he intended to introduce payments on Twitter making it a payment platform for everyone to use. Musk bought Twitter for $44 …
In 2021, $12.7 billion in cash remittances was sent from U.S to Philippines according to report by Statista. Strike is a Bitcoin based payment network that recently announced its expansion plans in Philippines. Despite the innovation services like SWIFT and Western Union, the cross-border payments remains a big headache for retail users & merchants. Strike …
FTX accused Voyager Digital of not performing due diligence before investing money and hopes to recover funds to pay back its creditors. Bankrupt FTX exchange sister company Alameda Research has sued Voyager Digital in a bid to recover the loan repayment it made last year before filing for bankruptcy in November 2022. The lawsuit has …
The central bank of Montenegro wants to develop its own CBDC (Central Bank Digital Currency) by partnering with Ripple Labs, the creator of XRP. In a Twitter announcement made by the Prime Minister of Montenegro Dritan Abazović, mentioned his meeting with the CEO of Ripple Labs Brad Garlinghouse and James Wallis, VP of Ripple’s CBDC …
Amazon, the eCommerce giant is set to enter web3 with NFT (non-fungible token). A report published by sources familiar with Amazon’s plans has confirmed the next move of the giant in the web3 space. It is believed that Amazon has been exploring the launch of digital assets enterprise across its retail platform instead of Amazon …
Approximately $751,321.80 worth of USDC stablecoin was drained from investors’ wallets by posting a malicious link by the hacker. The hackers managed to steal $751,321.80 worth of USDC after hacking the official Twitter account of Azuki NFT (non-fungible token). A malicious ‘wallet draining link’ was posted in a tweet, disguised as a virtual land mint …
The cryptocurrency bill was introduced in September 2021 but a dispute between the government and Panama’s National Assembly has stalled it. Back in 2021, Panama was leading the race to become the first country to introduce cryptocurrency regulation. However, the proposed crypto bill failed to meet the expectations of the government and was passed to …
European lawmakers impose strict regulations on crypto friendly banks. Want them to hold more Euros against the deposited cryptocurrency. In a recent announcement made by European Parliament, the banks have to hold Euros of their own capital for every Euro they hold in cryptocurrency. It’s like a 1:1 ratio of Euros and the equivalent worth …
The hyped NFT collection fell below 0.911 ETH mint price to 0.88 ETH, ruining the expectations of the carmaker. The supercar manufacturer and premium luxury brand in the car market has failed to impress the crypto market. Porsche NFT drew severe criticism from the crypto community, accusing the company of high mint price, way beyond …
A collection of 10,000 different chef-styled NFTs providing access to elegant, exclusive real-world dining experiences and more. The crypto culinary club is a member only program that aims to harness the power of blockchain technology and use it to enrich real-world experiences via NFTs. It’s a collection of 10,000 different NFTs on the Ethereum blockchain. …