Category: Blockchain

Kraken Contributes $250,000 to Enhance Ethereum 2.0 Upgrade

Kraken, a leading US-based crypto exchange, revealed its $250,000 donation aimed at helping open-source developer teams tasked with the Ethereum (ETH) 2.0 upgrade.   Giving back to open-source innovators According to Jesse Powell, the CEO and co-founder of Kraken: “We believe it’s our responsibility to give back to the open-source innovators who are building

Singapore-based Online Press Initium Media Accepts Membership Subscription in Crypto

Online press Initium media announced its digital media platform had accepted cryptocurrencies to pay for membership subscriptions. In the official statement released recently, the digital media platform said the platform had joined the partnership with Coinbase Commerce which parent company is Coinbase, becoming the first Chinese language media agency to use a crypto retail payment platform for

FTX.US Wins the 10-yr Naming Right of UC-Berkeley’s Facility by Sponsoring $17.5M in Crypto

The American cryptocurrency exchange giant FTX sponsors the University of California, Berkeley (UCB) with $17.5 million in cryptocurrency in exchange for getting the 10-year naming right of the California Memorial Stadium. This is the first time in history to sponsor the field naming rights of a university in crypto. The California Memorial Stadium will be

Crypto Exchange Bybit and E-sports Organization Astralis Reach a Three-year Cooperation Agreement

The cryptocurrency exchange Bybit announced a three-year cooperation agreement with the e-sports organisation Astralis, aiming to expand the connection of cryptocurrency in the e-sports industry. The official announcement stated that the Bybit’s logo would be shown on the front of Astralis’ counter-strike jersey and displayed in digital form on its streaming media platform twitch.tv and

Bitcoin Needs to Break $51K Level for an Continuous Upsurge

Bitcoin (BTC) roared above $50K on August 23 for the first time since May as institutional investors give the leading cryptocurrency a keen eye. Nevertheless, BTC has retracted to $49,738 during intraday trading, according to CoinMarketCap. Market analyst Michael van de Poppe believes Bitcoin should break the $51,000 level if an upward momentum continues, failure

Paypal Now Offers Crypto Trading in the UK as little as £1

Online financial services giant Paypal Holdings Ltd has expanded its product offering, allowing customers to buy, sell, and hold cryptocurrencies in the United Kingdom. As announced by the company, this service’s debut in the UK marks the first international expansion of its crypto services which it launched in the United States back in October last

Visa Steps into NFT Craze with CryptoPunk Purchase of $150,000

Visa Inc has become the latest major firm to get in on the NFT craze. The Major US payment company announced on Monday, August 23, that it purchased a “CryptoPunk”, one of the thousands of non-fungible tokens (NFT)-based digital avatars, for almost $150,000 on Ethereum. Cuy Sheffield, head of the crypto at Visa, talked about

WILL BITCOIN BECOME A GLOBAL LEGAL TENDER?

El Salvador is a unique example of Bitcoin adoption and a very fertile ground for Bitcoin to thrive on. The country lost its national currency in the early 2000s, and the current national currency there is the US dollar. El Salvador’s economy is weak, and much of the cash flow is coming from the expats

Substack Plans to Start Accepting Bitcoin Payment for Digital Subscriptions

Substack online publishing platform has revealed that it will start accepting Bitcoin as a payment method for a select number of its publications. The New York-based online publishing platform has partnered with Bitcoin payments processor company OpenNode to enable the new program. OpenNode announced on Monday, August 23, that it had integrated its API to