Starbucks Embarks on an NFT Odyssey, Gauging the Intersection of Loyalty and Blockchain
-
Cary
-
October 3, 2023
-
NFT, Crypto
-
Blockchain, NFT, Starbucks
-
0 Comments
Starbucks tests “Starbucks Odyssey,” adding NFTs to its loyalty program. Members can earn NFTs and Odyssey Points through online activities. Key Points Navigating through the emergent landscape of Non-Fungible Tokens (NFTs), Starbucks is testing the waters with Starbucks Odyssey, an extension of its Rewards program, which involves NFTs as a facet of its customer loyalty strategy. Regular Starbucks Rewards members …
Continue Reading
VanEck’s Ethereum ETF Profits Pledge Boosts ETH Outlook
-
Cary
-
September 30, 2023
-
News, Crypto
-
ETF, Ethereum, VanEck
-
0 Comments
VanEck commits 10% of Ethereum ETF profits to support core developers, enhancing stability and potential price impact, amid regulatory uncertainties. Key Takeaways: Investment management giant VanEck has announced a generous commitment to donate 10% of the profits from its upcoming Ethereum Strategy ETF to Protocol Guild, a collective supporting Ethereum’s core developers. This declaration comes ahead of the highly anticipated …
Continue Reading
Circle Advocates for Stablecoins in Binance’s Ongoing SEC Lawsuit
Coinbase faces regulatory and market challenges but continues to expand. CEO Brian Armstrong notes U.S. regulatory ambiguity. Key Points: In the midst of the Securities and Exchange Commission (SEC)’s legal pursuit of Binance, Circle, the issuer of the stablecoin USDC, has entered the fray, ardently arguing that stablecoins are not securities and therefore should not be subjected to financial trading …
Continue Reading
Crypto Lobby’s Efforts Overshadowed by Federal Budget
Crypto firms lobby for favorable regulations, facing challenges as the federal budget and Senate focus on other issues and crypto scrutiny intensifies. Key Takeaways In a significant move to push for industry-friendly crypto laws, executives from numerous digital asset companies have come together for meetings with lawmakers. This grassroots advocacy initiative is organized jointly by Coinbase, the U.S.’s largest crypto …
Continue Reading
South Korea’s Leading Crypto Exchange Upbit Faces Security Breach
South Korea’s Upbit crypto exchange faces a security breach, impacting 100,000 accounts with $3.4 billion in counterfeit tokens, questioning its reliability. Highlights: In a startling development, Upbit, the largest cryptocurrency exchange in South Korea, has been compromised due to fraudulent deposits, endangering the security and integrity of its platform and impacting nearly 100,000 user accounts. The incident has led to …
Continue Reading
Trading Insights for BTC and ETH Derived From Minimal 1% Fluctuations
Bitcoin and Ethereum exhibit minimal price fluctuations, with Bitcoin at $26,557 and Ethereum at $1,593, influenced by low trading volume and investor uncertainty. Key Points Bitcoin and Ethereum, two major players in the cryptocurrency market, are currently experiencing minimal fluctuations of around 1%. Bitcoin is trading near $26,500, while Ethereum is trading near $1,600. This lack of significant movement could …
Continue Reading
Top Cryptocurrencies to Purchase in September – Stacks, Litecoin, VeChain
Major investors monitoring cryptocurrencies like Stacks, Wall Street Memes, Litecoin, and Bitcoin BSC amid ongoing regulatory discussions. Key Points A group of U.S. senators, led by Senator Elizabeth Warren, is advocating for increased regulation and oversight of the cryptocurrency industry. This move aims to combat illicit financial activities often associated with cryptocurrencies. Nine additional senators from both parties have joined …
Continue Reading
Russian CBDC & Biometric Data Projects Not Linked, Bank Claims
-
Cary
-
September 19, 2023
-
News, Cryptonews
-
Bank, Biometric, CBDC
-
0 Comments
The Russian Central Bank clarified that its digital ruble and biometric data collection are unrelated, with voluntary participation, aiming to prevent scams. Key Points The Russian Central Bank recently addressed growing concerns about the link between its Central Bank Digital Currency (CBDC), the digital ruble, and the country’s biometric data collection initiative. Elvira Nabiullina, the Governor of the Russian Central …
Continue Reading
Coinbase’s Base Surpasses Solana in TVL
Coinbase’s Layer 2 blockchain platform, Base, has exceeded Solana in total value locked (TVL) at $374.43 million, attributed to the success of the social app FriendTech. Summary Coinbase’s Layer 2 blockchain platform, Base, has been making significant strides lately, overtaking Solana in terms of total value locked (TVL). According to data from DefiLlama, Base’s TVL stands at an impressive $374.43 …
Continue Reading
Author of ‘Black Swan’ Controversy with Bold Interpretation
Nassim Nicholas Taleb’s criticism of Bitcoin’s finite supply challenges its value proposition, highlighting ongoing debate in the cryptocurrency community. Key Points “Black Swan” author Nassim Nicholas Taleb has recently unleashed a barrage of criticism directed at Bitcoin, specifically targeting its commonly touted advantage of a finite supply of 21 million coins. Taleb’s comments have created a stir within the cryptocurrency …
Continue Reading
