Uphold, one of the largest cryptocurrency exchanges, has launched a new cryptocurrency debit card for customers in the United Kingdom. The debit card will give users rewards of up to 4% in the XRP token. Uphold exchange launches a debit card rewarding users The debit card issued by the Uphold...
Silvergate Capital has issued an update regarding the recent developments with the FTX exchange. The company has said that FTX deposits accounted for less than 10% of the total deposits made by digital asset customers. Silvergate denies heavy exposure to FTX Companies have been coming forward...
Chief Executive Officer of crypto exchange FTX, Sam Bankman-Fried (SBF), has proposed a crypto regulation model where blocklists and sanctions will be used. He noted that crypto regulation is inevitable but cautions that the industry will only grow if the right regulatory approaches are used. Sam...
In July, Reddit joined the non fungible token (NFT) bandwagon after launching a marketplace that enables users to purchase blockchain-based pictures for a fixed price. Users are now responding massively to the development. More than 3 million new users are scrambling to own one of Reddit’s Collect...
Solana infrastructure startup Helius has raised $3.1 million from a seed round. The funding round was led by Chapter One and Reciprocal Ventures. Other firms also participated in the round, including Big Brain Ventures, Alchemy Ventures, Solana Venture, and Propel VC. According to Helius, the fundin...
Unstoppable Domains has announced that it has stopped offering .coin domains. The company said it will be issuing refunds after cutting services to the non-fungible tokens (NFTs). According to Unstoppable Domains, the .coin domain has been offered by Emercoin, which could lead to a conflict of in...
There is a growing interest in the metaverse despite the plunging cryptocurrency prices. Brands are betting on the metaverse, which is believed to be the next phase of the internet. Retail giant Walmart has become the latest major brand to show interest in the sector. Walmart moves towards the me...
Nexo Group, the company behind the Nexo crypto lending firm, faces action from securities regulators in California and other states. According to these regulators, Nexo’s Earn Interest Product is an unregistered security. Several US states take action against Nexo The Department of Financia...
Cosmos has released a new whitepaper focused on boosting interoperability and security. The blockchain network has also introduced several critical changes to its native ATOM token. Cosmos’ new whitepaper focuses on security and interoperability Cosmos released its new whitepaper during the...
Mastercard will issue customizable cards supporting non-fungible token (NFT) avatars from top collections. The debit cards will be designed according to Mastercard standards and will have an owner verification process. Mastercard launches NFT debit cards Mastercard's customizable NFT debit car...
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