TIME Magazine has doubled down on its cryptocurrency endeavors by enabling bitcoin and other assets to be used as a form of payment for digital subscriptions. The innovation comes a few weeks after the New York City-based magazine partnered with Grayscale to produce educational crypto videos and be paid in BTC. TIME Readers to Purchase...Read More
Visa is to become the first large payments network to use a stablecoin as a settlement currency. By partnering with the popular cryptocurrency exchange Crypto.com, the San Francisco-headquartered giant will offer a crypto settlement system for fiat transactions based on the Ethereum blockchain. According to the announcement from earlier today, Visa has joined forces with...Read More
While Bitcoin is currently rallying towards a position above $14,000, the rest of the altcoins are struggling to find their bullish groove. Source: CoinStats With most altcoin depreciating over the past 24-hours, the market structure for Crypto.com Coin, Tezos, and Algorand was no different. Facing strong resistance right above their price range, the short-term analysis...Read More
The Hong Kong-based cryptocurrency and payment platform Crypto.com hired ex Visa International Asia-Pacific executive, Nobuyuki Nagahama, as General Manager of Japan. According to an official release, the company which serves over 3 million customers worldwide claimed that this move will allow the platform to launch strategic initiatives in the Japanese cryptocurrency market. At Crypto.com Nagahama...Read More
Bitcoin as an asset performed well under unforeseen market conditions. Most cryptos followed Bitcoin’s trend but not at the same pace. Bitcoin Cash spent months dithering before surging in late July to make up for its losses in March. VeChain, last month, saw wild returns before settling down to gather steam. Crypto.com had been marching...Read More
Despite the German-based online payment processor Wirecard filing for insolvency last week, its stock price has surged by 700% in merely a few days. WDI plunged to a bit over 1 EUR and jumped to above 9 EUR earlier today following positive news from the UK’s regulator. Wirecard AG’s Stock Price Roller-Coster The company’s drama...Read More
The UK Financial Conduct Authority (FCA) has allowed Wirecard UK to resume payment services. Consequently, the companies handling cryptocurrency debit cards resumed their issuance. Wirecard UK Resumes Regulated Activity Following the missing $2.1 billion of company funds and Wirecard filing for insolvency, the UK FCA, which authorizes and supervises its subsidiary Wirecard Card Solutions, suspended...Read More
Various companies within the cryptocurrency space have been affected by the Wirecard debacle. It puts a very different spin on the concept of crypto debit cards, as this industry takes another big hit. Most people will have heard of what happened to Wirecard. A Tough Spot for Crypto.com The German firm’s account practices have created...Read More
Following the drama with Wirecard, the UK Financial Conduct Authority (FCA) has suspended its subsidiary Wirecard Card Solutions to conduct any regulated activities. Since Wirecard Card Solutions issue cryptocurrency debit cards for TenX and Crypto.com, both companies published statements ensuring that customers’ funds are safe, but some operations could be affected. UK FCA Suspends Wirecard...Read More
Debit card provider and payment processor Wirecard AG, whose subsidiary issues visa debit cards for both Crypto.com and TenX, has failed to locate over $2 billion of lost assets. The company’s stock prices continue plunging after the two banks supposedly holding the massive amount denied any business relationship with the German payments processor. Wirecard AG...Read More
Well-known cryptocurrency exchange Crypto.com announced the introduction of several upgrades to its platform. By utilizing them, the company believes that it could experience a 10x increase in website performance. Crypto.com Upgrades Its Platform In the press release shared with CryptoPotato, the company explained the infrastructure updates, including revamped Matching Engine and Order Management System (OMS)....Read More
CRO found support around $0.1, but it is still shaky to provide a strong rebound. It is now ranked 11th by market cap, following 260% growth in three months. Against Bitcoin, CRO buyers appear exhausted after five weeks of parabolic movements. CRO/USD: CRO Exhausting Bullish Momentum Key Resistance Levels: $0.1165, $0.1176, $0.1193 Key Support Levels:...Read More
One of the pioneering payments and cryptocurrency platform, Crypto.com has now listed Ontology Gas’s ONG on it’s application. The cryptocurrencies and stablecoins that are presently listed on Crypto.com are Bitcoin (BTC), Ether (ETH), Litecoin (LTC), XRP, TrueUSD (TUSD), PAXOS (PAX), and its own MCO and CRO Tokens. The Ontology holds two tokens, one of which...Read More
Crypto.com has rolled out their Pay Your Friends app today, a social finance app that also allows for direct feeless crypto payments. As there are no fees on crypto payments, the app incentivizes the customers with a reward of $50 to those that add friends that also stake Crypto.com Chain (CRO). Crypto.com decided to provide...Read More
