Crypto Biz: Contagion engulfs Bitcoin miners as bear market continues
With the BTC price plunging more than 76% peak-to-trough, miners are struggling to keep their operations running.
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Stablecoin settlements can surpass all major card networks in 2023: Data
While on-chain stablecoins settlements are growing rapidly, many people pointed out that comparing stablecoin settlements to Visa transactions is not fair as they represent two different things.
Payments Giant Visa Proposes Using Ethereum L2 Starknet to Bolster Auto Payments for Self-Custodial Wallets
Visa, the financial services corporation headquartered in San Francisco, California, published a blog post that talks about leveraging ethereum and the layer two (L2) scaling solution Starknet so people with…
Ethereum bounces above $1.2K, but derivatives metrics show traders fear a collapse
Demand for leverage buying remains absent in ETH despite the recent bounce to $1,200 as the U.S. Federal Reserve continues to hike interest rates.
Auto-Payments on Ethereum? Visa Says it’s Possible
Visa is trying to get auto-payments on Ethereum by creating a new type of walleta process the company calls account abstraction. Mixing Wallets and Smart Contracts Visa is looking at...
Visa Terminates Agreements With Bankrupt Crypto Exchange FTX
Visa has reportedly terminated its global agreements with collapsed cryptocurrency exchange FTX and its U.S. arm, FTX US. The payments giant added that FTX’s “U.S. debit card program is being…
Nifty News: Nike unveils NFT platform, Steve Jobs’ sandals sell for $200K and more
A one-of-a-kind NFT of the Birkenstocks sandals worn by Apple co-founder Steve Jobs at various times during his life has sold for over $200,000.
FTX Fallout Continues: Visa Dumps FTX, BlockFi Still Suspended, Crypto.com Skirts a Bank Run
The fallout from the FTX saga continued over the weekend and into Monday with little sign of slowing. FTX Breaks Off Visa Partnership Visa has ended its partnership with FTX....
Visa Terminates FTX Debit Card Program
The world’s largest payment processor – Visa – has terminated ties with FTX less than a month after introducing a new debit card program. Deeming the situation with the debt-ridden…
Fiat-to-Crypto Company Ramp Raises $70 Million to Solve the Crypto Onboarding Problem
Ramp, a fiat-to-crypto company, has announced it has raised $70 million as part of its Series B funding round. The round was co-led by Mubadala Capital and Korelya Capital, with…
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