26 October

Mastercard and digital asset platform Bakkt are partnering to allow merchants and banks to build cryptocurrency into their offerings. The two plan to also shake up the way consumers can collect loyalty rewards.

Mastercard said in a statement that consumers can buy, sell and hold digital assets through custodial wallets offered by Bakkt, and customers can collect and spend loyalty rewards through cryptocurrency. The move brings the universe of cryptocurrency one step closer to bridging the gap with the traditional credit card payment industry.

These new offerings represent a unique opportunity to satisfy increasing demand for crypto, payment and rewards flexibility.”

See Also: Bakkt Shares Surge 180% After Pacts With Mastercard, Fiserv for Crypto Payments


Investors pumped a record $1.47 billion of new money into digital asset investment products last week, fueled by a rally in cryptocurrencies and the launch of the first bitcoin futures exchange-traded fund, a report Monday by CoinShares showed. The previous weekly record came in February, when inflows totaled $640 million.

Bitcoin-focused funds dominated last week’s inflows, with a 99% share of all inflows into cryptocurrency funds. During the prior week, inflows into bitcoin-focused funds were at $70 million.

This is a direct result of the U.S. Securities and Exchange Commission (SEC) allowing a bitcoin ETF investing in futures.”

See Also: DCG’s $1B Pledge and an SEC Filing Kindle Fresh Speculation on ‘Grayscale Discount’


“Regulated futures exchange LedgerX will now be known as FTX US Derivatives, FTX.US said Monday. The deal gives FTX.US a slew of licenses granted to LedgerX by the U.S. Commodity Futures Trading Commission. As such, the exchange can move to offer crypto futures, swaps and options to U.S. retail traders.

We believe the integration of the two organizations provides us with not only a technological advantage, but also furthers our working relationship with the regulatory community in a positive, constructive and transparent manner.”


“The first generation of NFTs has focused on key properties such as ownership representation, transfer, automation as well as building the core building blocks of the NFT market infrastructure. But, as the space evolves, the value proposition of NFTs should go from static images or text to more dynamic and intelligent collectibles. Artificial intelligence (AI) is likely to have an impact in the next wave of NFTs.

Injecting AI capabilities into the lifecycle of NFTs opens the door to forms of intelligent ownership that we haven’t seen before.

Imagine digital-art NFTs that could converse in natural language answering questions to explain the inspiration behind their creation and adapt those answers to a specific conversation context. We could also envision NFTs that could adapt to your feelings, mood and provide an experience that is constantly fulfilling. What about intelligent NFT wallets that, as they interact with a website, could decide which ownership rights to present in order to improve the experience for a given user?