“Customers of the payments app will be able to buy, sell and trade as little as $1 worth of crypto on Venmo, which has more than 70 million customers.
As on PayPal itself, trading is limited to bitcoin, ethereum, litecoin and bitcoin cash.”
“The pilot will be launched with a single stablecoin pegged to the U.S dollar. It will be based largely on payments between individual consumers, potentially with the option for users to buy goods and services.
The Diem project is currently in talks with Swiss regulators to secure a payment license.”
“The tectonic plates of enterprise blockchain shifted Tuesday, as SIX Digital Exchange (SDX) announced its support for the Enterprise Ethereum Alliance (EEA), and the Swiss digital asset trading venue’s head of business, Tim Grant, joined the EEA board of directors.
You cannot ignore the Ethereum ecosystem as a driver of digital asset flow.
The evolution of the DeFi (decentralized finance) space has now captured the attention of all our institutional clients, and being involved in driving where that goes is where we want to be positioned.”
“The office space providing firm said it is accepting bitcoin (BTC), ethereum (ETH), USD coin (USDC), paxos standard (PAX) and several other cryptocurrencies as a form of payment through BitPay. WeWork said it will hold the currency on its balance sheet and pay landlords and third-party partners in cryptocurrencies using Coinbase.
WeWork is giving their customers an innovative payment option that is cheaper and easier than credit cards and taps a community valued at over $2 trillion.”
“A trio of high-end luxury companies are coming together to tackle counterfeit goods through a blockchain-based seal of authenticity. The collective effort aims to give shoppers a level of assurance that the pricy products being purchased are authentic.
LVMH enlisted a full-time blockchain team under the Aura codename to develop a cryptographic provenance platform for the luxury market. The team worked closely with Ethereum design studio ConsenSys on a project that finally appears to be coming to fruition.
LVMH Maisons, Hublot, Bvlgari and Louis Vuitton are already active on the platform. Hublot, for example, has launched a digital e-warranty, which is stored in the Aura infrastructure and allows customers to verify the authenticity of their watch via a simple photo taken with a mobile phone.”
“Less than one week after the largest crypto exchange in the U.S. was listed, Nasdaq is set to start trading options for Coinbase Global.
The launch of equity options will offer a new way for investors to bet on the fortunes of Coinbase. The COIN.O options will start trading on Nasdaq on Tuesday, April 20.“
“Look at what happened in Xinjiang. You could shut down the Bitcoin mining network actually pretty quickly, especially if the U.S. stopped all the U.S. miners, Kazakstan stopped all the miners there — that kind of shuts down 80% to 90% of the hash rate pretty quickly.
I think the fact that [Bitcoin is] still here means governments are supportive.”