Why Online Merchants Should Accept Dai For Crypto Payments

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More and more merchants accept crypto payments today, thanks to the decentralized finance (DeFi) movement and the many benefits crypto provides to e-commerce retailers and customers alike. An estimated $4 billion in Bitcoin (BTC) alone was sent through payment processors in 2019.1https://www.coindesk.com/bitcoin-usage-among-merchants-is-up-according-to-data-from-coinbase-and-bitpay But while DeFi offers greater security, efficiency, and control than the traditional financial...

Research Summary: The State of Crypto in Africa | Luno

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Twitter and Square CEO, Jack Dorsey recently said “Africa will define the future (especially the Bitcoin one!)” But was he right? Sad to be leaving the continent…for now. Africa will define the future (especially the bitcoin one!). Not sure where yet, but I’ll be living here for 3-6 months mid 2020. Grateful I was able...

Tesla CEO Elon Musk’s Twitter account gets hacked as part of massive crypto scam – Electrek

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Tesla CEO Elon Musk’s Twitter account, which is his preferred method of public communication, got hacked today as part of a massive crypto scam. For years now, Musk’s popular Twitter account with more than 30 million followers has been a target of cryptocurrency scammers trying to make money off his followers by creating accounts that...

VISA announces global plans for crypto payments – will go global with major tokens

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The major payments service will be implementing crypto into their payment system with the help of existing crypto trading platforms In a recent press release, Visa announced its move into the digital currency space by integrating crypto transactions with its global network of 61 million merchants. The platform will support 25 different cryptos, including Bitcoin,...

Banks in US Can Now Offer Crypto Custody Services, Regulator Says – CoinDesk

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In a public letter dated July 22, Senior Deputy Comptroller and Senior Counsel Jonathan Gould wrote that any national bank can hold onto the unique cryptographic keys for a cryptocurrency wallet, clearing the way for national banks to hold digital assets for their clients. The letter marks a major development for the crypto industry. Previously,...