Federal Reserve Chairman Jerome Powell has shared the progress of the Fed’s work on a central bank digital currency (CBDC), the digital dollar. “We are working proactively to evaluate whether to issue a CBDC and, if so, in what form,” he said, adding that he does not believe the U.S. has fallen behind other countries … Read more
PortAventura World, a resort possessing Europe’s most theme parks and six hotels, is creating software so guests can use cryptocurrency to pay, according to a press release. The project will be rolled out in the beginning of 2022 as the six hotels … Read more
Losing the $3,000 mark just days before Friday’s $1.55 billion ETH options expiry nearly doomed Ether longs, but derivatives data shows bulls are still in favor. Ether (ETH) has been in a bearish trend since early September, and this week’s Evergrande-led market crash drove the price below $2,700 on Sept.20, its lowest level in 47 … Read more
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Royal Bank of Canada has added a forecasting feature to its artificial intelligence-powered budgeting tool, Nomi.
Twitter has begun rolling out “Tips,” a feature that allows users to send bitcoin or cash tips. The rollout begins with iOS users with Android coming soon. The company is also planning support for non-fungible token (NFT) authentication. Twitter Rolls Out ‘Tips’ With Bitcoin Twitter Inc. announced Thursday that it is rolling out the bitcoin … Read more
I love mobile banking. It has been a game changer for me. The next five years should be about building digital banking as a customer relationship platform I love its simplicity – I can log in with my face or scroll through transactions using my thumb and the way it validates payees’ bank details is … Read more
Following a number of partnerships this year, FTX Trading Limited announced on Thursday that the company has partnered with the Mercedes-AMG Petronas Formula One Team. According to FTX, the relationship will “span multiple race seasons” and the FTX logo will be “featured prominently” by both cars and drivers. FTX Teams up With Mercedes F1 in … Read more
Digital wallet Strike announced the debut of the About: Eighty percent of consumers are interested in using nontraditional checkout options like self-service, yet only 35 percent were able to use them for their most recent purchases. Today’s Self-Service Shopping Journey, a PYMNTS … Read more
Increasing trading volume at Uniswap, a rising TVL and upgrades to its DeFi platform were followed by a new all-time high from LCX. The emergence of decentralized finance (DeFi) has reshaped the landscape of the cryptocurrency ecosystem, which was once dominated by centralized exchanges like Coinbase and Binance and helped to make it more accessible … Read more