China’s food delivery giant Meituan has become the latest tech firm to integrate central bank digital currency (CBDC) payments for its services.Meituan users can link the digital yuan wallet to their service app and use it for a range of daily services such as booking hotels, cabs and paying at restaurants. The food delivery and daily services app recorded 660 million … [Read more...] about Chinese food delivery giant joins CBDC efforts
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The president, the fast-food giant, and the sus crypto token
There’s never a dull moment in crypto. Peak to trough total market cap outflows, since late December’s all-time high of $2.4 trillion, come in at -$900 billion or -38%.Although we’ve seen some reprieve since Monday’s bottoming, it’s still too soon to say the worst is over. Especially as investor sentiment across the board remains jittery.During peak fear, the McDonald’s meme … [Read more...] about The president, the fast-food giant, and the sus crypto token
Elon Musk puts McDonald’s on the spot, wants the fast-food giant to accept DOGE
Tesla and SpaceX founder and CEO Elon Musk urged McDonald’s to accept Dogecoin as payment, posting a tongue-in-cheek dare on Twitter.The pressure is on, with all eyes on the fast-food chain now, which, thus far, hasn’t been accepting crypto payments–outside of El Salvador.Committing to a happy meal on tv“I will eat a happy meal on tv if McDonald’s accepts Dogecoin,” wrote the … [Read more...] about Elon Musk puts McDonald’s on the spot, wants the fast-food giant to accept DOGE
E-Commerce Giant Mercado Libre Invests in Crypto Firms Paxos, 2TM
“As a leading technology company, we are actively evaluating the various innovations and opportunities around this market as it evolves, aiming to be a core participant in this disruption. Digital assets and blockchain technology represent a unique, global and collective phenomenon that breaks barriers and creates a level, open playing field for all users to achieve economic … [Read more...] about E-Commerce Giant Mercado Libre Invests in Crypto Firms Paxos, 2TM
Payments Giant Block to Build Open-Source Bitcoin Mining System
Block, formerly known as payments company Square, is going ahead with its plan to build an open-source bitcoin mining system, according to a Tweet from Thomas Templeton, Block's general manager for hardware.In October we announced that we’re considering building a bitcoin mining system, out in the open & alongside the community, and we’ve decided…we’re doing it! We thought … [Read more...] about Payments Giant Block to Build Open-Source Bitcoin Mining System