TechX is in the process of obtaining a fiat-to-crypto gateway. Per day Mobilum processes up to $250,000 CAD TechX is paying $16 million CAD, for acquiring Mobilum. A publicly-traded company out of Vancouver, Canada, is TechX Technologies Inc. TechX is in the process of obtaining a fiat-to-crypto gateway. Although, buying
Bank of Korea Launches Pilot Program for its CBDC. A total of $4.4 million allocated for the trial. Deciding about an offer for the pilot program is expected from Samsung. The Bank of Korea launches a Pilot program for its central bank digital currency (CBDC). But issuing it is a
eBay allows the sale of NFT for digital collectibles. NFT’s have been blown up in popularity by celebrity figures. eBay plans to add cryptocurrency as the payment option in future. eBay allows the purchase and sale of NFT on its platform for digital collectibles like images, videos, and trading cards.
The Central Bank of Bahrain collaborates with JPMorgan and Bank ABC. To introduce a cross-border payment solution on digital currency immediately. The new partnership includes the company’s digital currency-based division Onyx. On May 11, 2021, the Central Bank of Bahrain announced officially that it collaborates with JPMorgan and Bank ABC,
Resorts World Las Vegas partnership with the cryptocurrency exchange Gemini. The partnership will make the Resort world crypto-friendly. Resorts World Las Vegas has many features Resorts World Las Vegas has announced its partnering with Gemini, a cryptocurrency exchange and custodian. Moreover, this will allow the customers of the resort to
-Nigeria needs to regulate crypto, not ban says VP.-Osinbajo said crypto in the coming years will challenge financial banking. -The utilization of bitcoin has boomed in Nigeria in recent years. Nigeria’s Vice President (VP) Yemi Osinbajo said the country’s central bank and securities regulator has to find ways to regulate
-Bitcoin price surged over $50,000 today.-However, the digital asset surpassed $900 billion in market capitalization, close to $1 trillion. -If the market continues to be bullish W3 will reach $94,000 and even higher. Bitcoin price just surged over $50,000 but needs to maintain the move above it. As a result, the
-Gemini exchange offers a saving scheme called “Earn”-However, with rates of up to 7.4% APY for US users.-Earn feature allows customers to save with no minimum balance and no transfer fee.-Moreover, in the coming months, the company plans to offer interest on its dollar-pegged stablecoin, the Gemini dollar. Gemini exchange
TETHER When there is no stability on coins value and it is volatile, users will be confused about buying goods and services in fear of losing coins value. Though the cryptocurrencies like Bitcoin and Ethereum have been used more for transactions like online payments, they are not reliable using it
Stablecoin marketcap increases by $100 million every single day, and the world’s largest stable coin Tether (USDT) outperforms Ripple (XRP) by marketcap. A stablecoin is a cryptocurrency pegged to other assets like the dollar or the euro. The current supply of stablecoins has been increasing by roughly $100 million daily
