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BlockFi clients earn record interest payments in February
1.3.2021
Zac Prince, BlockFi’s CEO, said his company paid out 450 in BTC, 5,000 in ETH and 6 million in stablecoins last month
As Visa and Mastercard raise fees, merchants may look to crypto
24.2.2021
Cryptocurrencies have fees, but so do payment cards
Report: Bitcoin Mining Firm Northern Data AG Plans for a $500 Million IPO
24.2.2021
While the public prepares for the upcoming Coinbase public offering, the mining firm Northern Data AG is reportedly planning to go public as well. Sources say that the mining business is in talks with Credit Suisse Group to launch an initial public offering (IPO) in the United States. Report:...
Bitcoin mining operator Northern Data reportedly considering $500M IPO
23.2.2021
Swiss investment bank Credit Suisse is reportedly backing German Bitcoin mining operator Northern Data in its $500 million IPO
Darknet Market Joker’s Stash Retires After Raking in $1 Billion in Cryptocurrencies
14.2.2021
One of the largest darknet marketplaces for selling identity data and stolen credit card information, Joker’s Stash retired last month after making off with a cool $1 billion in cryptocurrencies. Weeks ago, U.S. and European officials seized some of the web portal’s servers tied...
Colombia’s Financial Superintendent Approves Nine Crypto Platforms to Work With National Banks
13.2.2021
In Colombia, the entity managed by the Ministry of Finance and Public Credit, the Financial Superintendence of Colombia (Superfinanciera) has revealed the authorization of alliances between Colombian banks and digital currency exchanges. So far, Colombia’s financial department has approved...
Mastercard Will Let Merchants Accept Payments in Crypto This Year
10.2.2021
The payments giant plans to support digital currency transactions directly on network
Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch
9.2.2021
Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins
Credit Card Companies Should Offer Stablecoin Payments or Be Left Behind: Gartner
5.2.2021
Centralized payment firms like Visa, Mastercard and PayPal have an opportunity to offer innovative stablecoin payment networks, the research firm said
After PS5 Chaos, Japanese Retailer Cracks Down
2.2.2021
This weekend, a mob of PS5 shoppers caused chaos at the Yodobashi Camera retailer in Tokyo’s Akihabara. The police were called and sales were halted. Famitsu now reports that the retailer has instituted requirements to purchase the Sony console.Read more
EasyFi Showcases Digital ID-Based Credit Solution for DeFi; Upcoming ProBit Exclusive On February 3
29.1.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Following the partnership between ProBit Exchange and EasyFi to consolidate the current divide between centralized and decentralized finance, EASY will now be featured on the upcoming ProBit Exclusive...
Major payments firm SIA to launch DLT-based secondary credit marketplace
27.1.2021
Italian financial services firm SIA plans to launch an Ethereum-based platform for secondary credit trading in the second half of 2021
Major Darknet Marketplace for Stolen Cards Shuts Down After Making Over $1 Billion in Bitcoin
20.1.2021
The longest-running marketplace for stolen credit cards on the darknet has announced the shutting down of its services. The administrator of Joker’s Stash, founded in 2014, stated that the site would be taken down in February. Site Generated Over $1 Billion in BTC ‘Over the Past...
Gemini exchange to launch credit card with 3% cashback rewards paid in Bitcoin
14.1.2021
Gemini Credit Card will allow users to earn rewards paid in Bitcoin and other cryptocurrencies
Winklevoss-Founded Gemini to Offer Credit Card With Crypto Rewards
14.1.2021
Gemini, the cryptocurrency exchange and custodian founded by the Winklevoss brothers, has launched the Gemini Credit Card offering cryptocurrency rewards. Read more: Gemini Donates $50K to HRF to Help Fund Another Round of Bitcoin Developers in 2021
Visa abandons $5.3B Plaid acquisition in the face of DoJ antitrust suit
12.1.2021
The Justice Department's November suit has reversed the planned merger
Vietnamese bank issues its first letters of credit on the blockchain
6.1.2021
HDBank has processed its first L/C transactions since joining the Contour platform for international trade
American Express’ Venture Arm Invests in a Cryptocurrency Trading Platform
19.12.2020
American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading clients. Amex’s investment, which was announced during a record-breaking week for bitcoin, underscores the credit card issuer’s...
Mastermind of $25 Million Crypto Debit Card Scheme Sentenced to Prison
18.12.2020
The mastermind behind a $25 million cryptocurrency debit card scheme has been sentenced to one year and one day in prison, in addition to three years of supervised release. The authorities have also seized his cryptocurrency. $25 Million Crypto Credit Card Scheme The U.S. Department of Justice...
Mastercard Severs Ties With Pornhub — Is Mainstream Crypto Adoption Coming for the Porn Industry?
11.12.2020
Global payment companies Mastercard announced on December 10, 2020, its official decision to ban their customers from using credit and debit cards to arrange purchases on one of the biggest adult websites. Visa has taken the same measure on a temporary basis. Mastercard Cuts Ties With Pornhub...