Crypto Biz: Did crypto winter scare off Visa and Mastercard?
Visa’s head of crypto has pushed back against the notion that the credit card giant is getting cold feet because of the bear market. Go to Source Powered by WPeMatico
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Ethereum price resistance at $1,750 could reflect traders’ anxiety over the Shanghai upgrade
Holding gains above $1,750 remains a challenge for ETH, but derivatives data shows traders believe future downside moves will be limited to the most immediate price support. Go to Source Powered by WPeMatico
Report Claims Visa and Mastercard Plan to Pause New Partnerships, Visa’s Head of Crypto Insists ‘Story Is Inaccurate’
According to a recent report from sources familiar with the matter, Mastercard and Visa, the credit card and payment services giants, are halting new partnerships with cryptocurrency firms. This news comes after the collapse of several cryptocurrency ventures that offered crypto debit cards and failed due to financial difficulties last year. After the report published, … Read more
Breaking: Visa and Mastercard halt new crypto partnerships — Report
According to sources, Visa and Mastercard will delay the launch of new blockchain partnerships until market conditions improve and a clearer regulatory framework is established. Go to Source Powered by WPeMatico
Crypto Biz: Coinbase has a lot at stake
Coinbase says its staking product offerings are different than Kraken’s, which came under SEC scrutiny and resulted in a $30 million fine. Go to Source Powered by WPeMatico
Mastercard to allow crypto payments in Web3 via USDC settlements
The Mastercard-Immersve partnership uses decentralized protocols to settle real-time cryptocurrency transactions on outlets accepting Mastercard payments online. Go to Source Powered by WPeMatico
Report: Flutterwave CEO in Bid to Recover Millions Stuck in Kenya
According to reports, the CEO and co-founder of the Nigerian fintech Flutterwave, Olugbenga Agboola, recently visited Kenya where he sought to convince the country’s monetary authorities to grant the firm access to funds that have been blocked since July 2022. Agboola claimed that his firm had “instituted a number of changes over the past year … Read more
Bit2Me and Mastercard launch debit card with crypto cashback
The new debit card builds on technology already in place in the existing Bit2Me crypto card, but this time, card holders are eligible for up to 9% crypto cashback. Go to Source Powered by WPeMatico
Nifty News: Bitcoin NFTs cause spicy fees, Mastercard exec tokenizes resignation letter and more
Users are posting massive files to the Bitcoin network via the Ordinals protocol, taking up block space and paying high fees to do so. Go to Source Powered by WPeMatico
Binance and Mastercard Launch Crypto Prepaid Card in Brazil as Part of Latam Expansion
Leading crypto exchange Binance and credit card giant Mastercard have partnered to launch a prepaid crypto-linked card in Brazil as part of Binance’s expansion plans in Latam. The Binance card features 8% cashback for eligible purchases and supports on-the-fly conversion of 13 cryptocurrencies to make payments to local merchants. Brazil Receives Binance Prepaid Card Binance, … Read more
