Visa has proposed a blockchain account design that could allow Ethereum users to arrange auto-payments from a self-custodied wallet. The payments giant described its approach in a blog post on Monday, Dec. 19. That post summarized an earlier research paper that was published in August. Visa proposes using Account Abstraction, an Ethereum feature that is … Read more
BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, will begin to support Polygon’s MATIC token this week. Users can make payments with Polygon’s native token via most popular Polygon wallets. Collectibles marketplace Panini America is among the first merchants to accept MATIC payments. Users of the BitPay app can also buy, store, … Read more
The biggest news in the cryptoverse for Aug. 29 includes the liquidation of $9 million in Bitcoin shorts, a report showing that the majority of GameFi investors are interested in profit rather than gameplay and Ava Labs’ CEO denying CryptoLeaks’ allegations that it had a deal with law firm Roche Freedman to use “litigation as … Read more
The Director of Research at Coin Center Peter Van Valkenburgh raised an interesting point on Monday when he tweeted a screenshot from the SWIFT website detailing the entity’s role in sanctions enacted by “national authorities.” Comments on the tweet immediately compared the information to Ethereum’s role in processing transactions. Send tweet. pic.twitter.com/82IRrRLbDR — Peter Van … Read more
Ashish Mehta & Associates, Solicitors and Legal Consultants, a Dubai-based law firm, has announced plans to start accepting crypto for payments. Through this integration, the law firm’s clients will be able to pay for services in digital currencies, including Tether (USDT), Bitcoin (BTC), and Ether (ETH). Explaining why the law firm decided to take this … Read more
Italian high-end luxury fashion house Gucci is looking to add crypto as a payment option in some of its U.S. stores from late May, with plans to expand the pilot to all its North American stores by summer 2022. According to a May 4 report, Gucci will accept in-store crypto payments by emailing customers a … Read more
MetaMask users can now use Moonpay to top up crypto wallets. Leading payments provider Moonpay has teamed up with leading crypto wallet provider MetaMask to allow users to purchase ETH with mainstream payment methods. MoonPay is continuing on its mission to onboard the world to Web3. With this collaboration, MoonPay gets access to over 30 … Read more
Crypto is rapidly gaining in appeal among younger demographics, with 40% of 18 to 35 year old consumers expressing an intent to use cryptocurrencies — such as bitcoin (BTC), ether (ETH), and stablecoins — to pay for goods or services within the next 12 months, according to a new research report. The report, dubbed “Demystifying … Read more
Non-fungible token (NFT) marketplace OpenSea has teamed up with crypto-focused payment solutions provider MoonPay in order to integrate direct credit and debit card payments on its platform. In a press release published on April 1, MoonPay CEO and co-founder Ivan Soto-Wright noted: “MoonPay’s mission is to unlock ownership and onboard the world to Web3. To … Read more
Last week U.S. Senator Elizabeth Warren (D-MA), along with ten other democrat senators, introduced a bill to block cryptocurrency companies from conducting business with sanctioned companies, fearing cryptocurrencies might constitute a vehicle for evading sanctions against Russia in the ongoing war with Ukraine. In short, the Digital Asset Sanctions Compliance Enhancement Act of 2022, as … Read more
