The digital bank Mercobank says it plans to enter the NFT market, while also beginning to explore the metaverse. “With the emergence of new innovative technologies ‘Metaverse’ and its platforms, the demand for non-face-to-face environments will certainly be on the rise,” the bank said in...
A couple of weeks ago, some history buffs raised more than $40 million via a crypto crowdfunding mechanism called a DAO with the goal of purchasing an original copy of the U.S. Constitution, offering cryptocurrency tokens that would let the holder vote to do, well,...
The Central Bank of Bahrain has granted Binance in-principle approval to become a crypto-asset service provider in the kingdom, Binance announced Monday (Dec. 27). Binance says this came after the company applied for a CBB license to become a fully-regulated, centralized crypto exchange. Meanwhile, digital...
Investors in bitcoin are seeing a two-week high, with the popular coin hitting $51,144.62 on Dec. 26, a report says. This comes after a difficult few weeks where the coin saw a 33% drop. That came after bitcoin hit an all-time record on Nov. 10,...
Decentralized finance solutions have transformed the payments landscape, presenting a new vista of possibilities for seamless cross-border expansion for multinationals and businesses aspiring to launch new global initiatives. Cross-border firms have many use cases for cryptocurrency and blockchain. The leading use case is blockchain-based smart...
Cryptocurrency in the South American nation of Paraguay could be facing new rules in the new year. The measure was approved by Paraguay’s Chamber of Senators last summer. Under the legislation, virtual assets are defined, and a license would be required to mine cryptocurrencies. It...
Welcome to the ninth installment of PYMNTS’ nine-part series on decentralized finance (DeFi). Over the previous days, we’ve looked at every part of DeFi — the biggest, hottest, most rewarding and risky part of the blockchain revolution. Now that we’re at the end, you should...
Welcome to the seventh installment of PYMNTS’ eight-part series on decentralized finance (DeFi). Over the coming days, we’ll be looking at every part of DeFi — the biggest, hottest, most rewarding and risky part of the blockchain revolution. At the end of it, you’ll know...
The argument started when Elon Musk tweeted out a vague comment about something crypto-related: Web3 in this case. Web3 is a somewhat hazy concept that puts a decentralized blockchain-based infrastructure underneath a new, more private internet devoid of the influence and control of Big Tech....
