The evolution of crypto payments and what lies ahead

Bitcoin price drops by 15.30% just 2 days before the block reward halving. At 12:40 A.M. UTC time Bitcoin (BTC) price dropped from $9,574 to $8,112 in the course of 15 minutes. The 15.30% drop came after the top ranked digital asset on CoinMarketCap struggled to reclaim the $9,800 support after falling below the support which…

The proposal would affect retail transactions carried out from crypto wallets, but not crypto trading. 215 Total views 2 Total shares The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by the

Bitcoin (BTC) surpassed the $30,000 resistance on June 21, or 40 days ago, after a notable 19.5% gain in a week. Since then, it has been moving within a range filled with occasional moderate corrections and BTC price trades near $29,300. While these consolidation periods are common in traditional markets, they tend to make crypto…

As Bitcoin (BTC) continues to pick up mainstream traction, the asset's blockchain scalability remains an issue, according to Decred co-founder Jake Yocom-Piatt. "There is enough demand for on-chain Bitcoin transactions during peak demand times to completely fill blocks and drive fee rates up substantially," Yocom-Piatt told Cointelegraph, noting the struggles Bitcoin's network may face during times of…

Since Binance announced it would auto-convert USDC, USDP and TUSD into BUSD on Sept. 6, BUSD’s share of the total stablecoin market has risen from 10.01% to 15.48%. 320 Total views 3 Total shares FTX CEO Sam Bankman-Fried (SBF) said the rise of Binance stablecoin BUSD could spark the “Second Great Stablecoin War,” given how…

The University of California at Santa Barbara (UCSB) has just concluded its first accredited course focused on blockchain and distributed ledger technology.The course, which was taught as a computer science class through the College of Creative Studies, was formed in response to requests from the Blockchain Acceleration Foundation (BAF), a nonprofit organization composed of students,…

As the global economy moves into a recession in the second half of 2002, Bitcoin will likely rally alongside gold and treasury bonds, according to Mike McGlone, a senior commodity strategist at Bloomberg. 725 Total views 5 Total shares Bitcoin is likely to transition from a risk-on to a risk-off asset in the second half…

Disappointing financial results have seen Tinder lay off its current CEO, slash funding to metaverse development, and ditch plans for its virtual currency Tinder Coins. 148 Total views 35 Total shares Match Group, the parent company of popular dating app Tinder, says it is cutting funding for Web3-related research and development amid disappointing Q2 earnings…

Two other associates that helped run the U.S.-based fraudulent crypto platform EmpiresX left the country early this year and are believed to be in Brazil. 153 Total views 3 Total shares One of the leading figures convicted of being behind the $100 million crypto “Ponzi” scheme, EmpiresX, has just been handed an over four-year jail…