“Crypto payments in C2B [consumer-to-business] merchant acceptance are still nascent today,” according to a recent white paper from payments firm Nuvei. “Crypto merchant payments today represent an estimated annual volume of $6 billion, a tiny fraction of the $10 trillion C2B global eCommerce market.” Source link … [Read more...] about FTX Readies Visa Debit Card for Users to Spend Crypto Balances
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Binance to spend $115M in France to develop European crypto ecosystem
Global crypto exchange Binance is starting a 100-million euro ($115 million) initiative to develop the blockchain and crypto ecosystem in France and Europe, Binance CEO Changpeng “CZ” Zhao announced in a talk with French Minister Cédric O at the French Ministry of Finance in Paris.Binance is launching the new initiative, officially named “Objective Moon,” in partnership with … [Read more...] about Binance to spend $115M in France to develop European crypto ecosystem
Got crypto? Here are 3 debit cards that let you spend your stack
As blockchain technology and the public's awareness of cryptocurrency continues to grow, a range of new use cases a coming to market and enhancing the efficacy of legacy financial systems.Despite its many applications, the original use case for Bitcoin (BTC) as a medium of exchange remains one of the most fundamental applications of blockchain technology and while BTC might not … [Read more...] about Got crypto? Here are 3 debit cards that let you spend your stack
Bitcoin to zero? Not while this Redditor has $187,000 to spend
In the years since Bitcoin’s 2009 launch, the crypto industry’s inaugural blockchain-based asset has survived many speculative deaths. While it is true that Bitcoin (BTC) could theoretically crash by the tens of thousands of dollars necessary to take it to zero, one Reddit user has pledged their intention to buy up the blood.On the r/Bitcoin subreddit yesterday, Reddit user … [Read more...] about Bitcoin to zero? Not while this Redditor has $187,000 to spend
Coinbase’s perspective on the recent Ethereum Classic (ETC) double spend incidents
By Don YuTakeawaysCoinbase was not targeted by any of the attack transactions and lost no fundsAt 10:57 PM PST 7/31/2020, Ethereum Classic (ETC) was 51% attacked resulting in ~800,000 ETC (~$5.8 million) of double spend transactions.At 8:15PM PST 8/5/2020, Ethereum Classic was 51% attacked again resulting in ~460,000 ETC (~$3.2 million) of double spend transactions.During the … [Read more...] about Coinbase’s perspective on the recent Ethereum Classic (ETC) double spend incidents