Google Reportedly Exploring Options To Enable Crypto On Digital Cards
Google Inc. (NASDAQ: GOOG), a multinational technology corporation known for its suite of internet services, is reportedly taking strategic inroads to the crypto space, through its recent partnerships formed with Coinbase and BitPay that would enable new functionalities for Google Pay, its consumer payments division.
25% of US Adults Plan to Start Investing in Crypto, Survey Shows
A U.S. consumer survey shows that 25% of respondents who currently do not own cryptocurrency plan to start investing in crypto. “2021 was a good year for crypto. Of the respondents that own crypto, more than half reported that they had just started investing in the space within the last year.”
El Salvador is down $12 million on its Bitcoin buys
A poor run of form may put off other nation-states from joining El Salvador in legalizing Bitcoin as tender.
Stablecoin USDC's ERC20 Issuance Surpasses USDT's Total Supply on Ethereum
On Saturday, January 15, 2022, the market capitalization of all the stablecoins in existence is $173 billion, which represents 7.93% of the $2.18 trillion crypto-economy. The market valuations of stablecoins tether and usd coin represent 71.84% of the entire stablecoin economy’s value. This week, the current total supply of usd coin surpassed tether, in terms of tokens issued on the Ethereum blockchain, as usd coin has a 0.568% larger fully diluted market capitalization on the smart contract network.
China preps infrastructure for state-backed NFTs
China’s state-backed network won’t be compatible with external NFTs.
Elon Musk’s Tesla now support Dogecoin payment
Tesla has revealed that users can now purchase some of its merchandise with Dogecoin.
70% of US crypto holders started investing in 2021: Report
46% of respondents reported having $1,000 or less in crypto, while another 25% said they held between $1,000 and $10,000.
Turkey embraces Bitcoin and Tether as the lira keeps spiraling down
Crypto trading volumes using the lira reached a 15-month high as Turks race to get rid of their national currency.
Tonga to copy El Salvador bill making Bitcoin legal tender says former MP
In a ruling that is "almost identical to the El Salvador bill," Tongan bigwig Lord Fusitu'a anticipates that his country could adopt Bitcoin by November.
Binance CZ’s wealth places him on par with Zuckerberg, reportedly worth $96 billion
Binance’s CZ is the richest person in the crypto space, with a worth close to $100 billion.
Thailand government to clear up crypto tax confusion
The Thai revenue department will expedite tax criteria as traders and businesses seek further clarity.
Hardware Failure Behind Arbitrum’s Second Outage In Five Months
Ethereum Layer-2 network Arbitrum suffered a seven-hour outage preventing transactions from being completed. This is Arbitrum’s second outage in five months but is currently back online at the time of writing. The cause of the downtime was pinpointed as a sequencer outage.
UAE regulators pave way for crypto and blockchain adoption, says legal expert
Legal expert Kokila Alagh shared insights regarding crypto and blockchain regulations in the United Arab Emirates.
Samsung Exploring NFT Support On New TVs
Samsung’s newest smart TVs coming this year could be arriving with a new feature that will have Web3.0 enthusiast’s ears perking up: NFT support.
NYC Mayor Eric Adams: Buy The Dip
Newly-elected New York City mayor Eric Adams has confirmed that he will be taking his first three paychecks in Bitcoin. He also made a pitch for buying the dip, given the current prices of BTC and other cryptocurrencies.
Moneygram invests in crypto atm operator, buys 4% stake
Moneygram has revealed that it has bought 4% stake in crypto ATM operator, Coinme.
Upbit Crypto Exchange Traders to Face Fiat Services Disruptions over Lunar New Year Period
Customers of South Korea’s market-leading crypto exchange Upbit will be affected by a possible three-day outage over the Lunar New Year period as its banking partner K-Bankrelocates its operations to a new headquarters.
Major payments app WeChat to add support for China's digital yuan
While WeChat isn't as popular outside of China as WhatsApp, it is ubiquitous on the mainland.
Crypto trades in Thailand now reportedly subject to 15% capital gains tax
While Thai crypto investors and miners are required to pay the tax in 2022, exchanges are reportedly exempt from the new duty.
Crypto funds attracted $9.3B in inflows in 2021 as institutional adoption grew
Crypto investment managers had $62.5 billion in assets under management at the end of 2021, with Bitcoin products attracting sizable investments.