Australian fintech landscape shrinks, blockchain, crypto take 14% hit

“The claim that Bitcoin miners jeopardize the electricity network is completely misinformed,” says EU-based fund manager Melanion Capital. 396 Total views 44 Total shares A Swedish financial watchdog’s call for a European Union-wide ban on proof-of-work (PoW) crypto mining, mainly known as the method of minting new Bitcoin (BTC), has received backlash from crypto-related fund…

Trading volumes across various verticals of nonfungible tokens (NFTs) have been on a tear this year.Combined sales for collectible and art NFTs have reached $7.4 billion as of Q4 2021. The art NFT market has grown from $17.8 million on January 1 to $1.8 billion in total sales as of Nov. 5, 2021. At the…

In many countries, millions of people clack basic equitable access to the financial services that would allow them to meet their daily needs.On this week’s episode of NFT Steez, hosts Alyssa Expósito and Ray Salmond meet with Mashiat Mutmainnah to discuss how regenerative finance (ReFi) can provide more accessibility and inclusivity to blockchain technology. Mutmainnah explained…

Crypto debit cards continue to catch on as an Australian digital assets start-up gets approval from Visa to release a spending card down under. 482 Total views 7 Total shares Global payment giant Visa is moving forward with its commitment to digital currency adoption by approving the issuance of a new Bitcoin (BTC) debit card…

The bear market might rage on, but that won't stop the Bitcoin (BTC) shooters, creators and filmmakers from producing new content. Hosted in the capital of Poland, Warsaw, the first edition of the Bitcoin Film Festival took place in March. The Bitcoin Film Festival brought together Bitcoin advocates and film lovers from across the globe to…

Payments behemoth Visa is reportedly planning to change merchant fees rates for United States-based merchants as part of a major update of its point-of-sale system.The development was revealed in a document Visa sent to banks announcing an upgrade of its system, which will be rolled out in April and October, Bloomberg reported on Feb. 4.…

This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.

The failure of the bears to sink Bitcoin’s (BTC) price below $25,000-support ignited buying interest last week. The positive momentum picked up further at the start of the new week and buyers are trying to sustain Bitcoin’s price above $27,000.Market participants seem to be buoyant on expectations that the Federal Reserve will not hike rates