Patreon is considering adding non-traditional payments to content creators

Patreon is considering adding non-traditional payments to content creators

Patreon, a subscription platform that allows fans to pay content creators, is considering adding non-fiat payments – including crypto payments – to grow revenue.

Read More

Valkyrie files paperwork with SEC for leveraged bitcoin futures ETF

Valkyrie files paperwork with SEC for leveraged bitcoin futures ETF

Valkyrie Investments, a company that describes itself as a specialized alternative asset management firm “at the intersection of traditional finance and the emerging cryptocurrency sector” has filed with the Securities and Exchange Commission (SEC) for a leveraged bitcoin exchange-traded fund (ETF).

Read More

Mastercard to allow partner banks and merchants to support payments with crypto

Mastercard to allow partner banks and merchants to support payments with crypto

Payments giant Mastercard is partnering with crypto technology firm Bakkt to allow partner merchants, fintechs, and banks to accept cryptocurrencies at the point of sale.

Read More

Free crypto for your data: Worldcoin wants to scan your eyes

Free crypto for your data: Worldcoin wants to scan your eyes

Worldcoin, a new startup that’s attracted $25M in funding from big-name investors including Andreessen Horowitz, Coinbase and LinkedIn co-founder Reid Hoffman is offering users free crypto if they confirm their identities by taking an iris scan.

Read More

At launch, ProShares bitcoin futures ETF is ‘second highest traded fund ever’

At launch, ProShares bitcoin futures ETF is ‘second highest traded fund ever’

In a significant milestone for the crypto industry, the first bitcoin futures exchange-traded fund (ETF) launched this week as the “second most heavily traded fund,” a move that sent the value of the digital currency to an all-time high at about $65,000.

Read More

Morgan Stanley CEO acknowledges crypto is not a fad

Morgan Stanley CEO acknowledges crypto is not a fad

James Gorman, CEO of Morgan Stanley, said on a third-quarter earnings call that crypto is “not a fad,” but stopped short of saying it will become an integral part of financial services.

Read More

Stripe building crypto team three years after ending Bitcoin support

Stripe building crypto team three years after ending Bitcoin support

Stripe, a company whose tools allow merchants to accept payments, is looking for talent to support crypto integrations.

Read More

Jamie Dimon critiques bitcoin, calling it ‘worthless’

Jamie Dimon critiques bitcoin, calling it ‘worthless’

JPMorgan Chase CEO Jamie Dimon clarified that he is no fan of bitcoin, this time telling an audience at an Institute of International Finance event this week that he thought the digital currency was “worthless.”

Read More

MoneyGram and Stellar launch instant crypto to cash transfers

MoneyGram and Stellar launch instant crypto to cash transfers

International money-transfer firm MoneyGram has entered into an agreement with blockchain network Stellar to support instant money transfers using the USD Coin (USDC) stablecoin.

Read More

Revolut is planning to roll out a crypto token, sources say

Revolut is planning to roll out a crypto token, sources say

Revolut, a U.K.-based challenger bank with a global footprint, is reportedly planning to launch a crypto token, subject to approval from the U.K.’s Financial Conduct Authority (FCA).

Read More

ICYMI: Twitter is letting users tip content creators with Bitcoin

ICYMI: Twitter is letting users tip content creators with Bitcoin

Twitter is adding to the menu of ways for users to reward their favorite content creators. The social media giant is rolling out Bitcoin tips, a move the company says will offer creators more ways to get paid.

Read More

Robinhood to allow Bitcoin, Ethereum, Dogecoin transfers next month

Robinhood to allow Bitcoin, Ethereum, Dogecoin transfers next month

Brokerage firm Robinhood will roll out a crypto wallet that will allow users to transact via cryptocurrencies, the company announced this week.

Read More

Coinbase signs agreement with ICE worth $1.36M

Coinbase signs agreement with ICE worth $1.36M

Cryptocurrency exchange Coinbase has signed an agreement with the U.S. Immigration and Customs Enforcement (ICE) branch of the U.S. Homeland Security Department in an undisclosed use case for its blockchain analytics software.

Read More

Taliban control of Afghanistan gives boost to underground crypto economy

Taliban control of Afghanistan gives boost to underground crypto economy

With the Taliban solidifying their control over Afghanistan over the past couple of weeks, the country has plunged into a financial crisis, with a cash shortage, a currency in freefall, and rising prices of consumer goods.

Read More

Binance crypto traders seek damages for millions lost during May outage

Binance crypto traders seek damages for millions lost during May outage

Binance, the world’s largest cryptocurrency exchange by volume, is facing legal action over a May 19 hour-long outage that resulted in millions of dollars in traders’ money lost, claimants allege.

Read More