Meta Users Can Now Post Digital Collectables on Instagram and Facebook

Meta Platforms Inc has announced that it has enabled the digital collectables features across its two major social media apps – Instagram and Facebook. The new feature will allow users the capability to post digital collectables. As one of the social media platforms with a vested interest in the Non-Fungible Token (NFT) ecosystem and the … Continue reading Meta Users Can Now Post Digital Collectables on Instagram and Facebook

FV Bank Partners with Circle for Instant USDC Deposits and Conversion

FV Bank, a global digital bank, has partnered with Circle to enable instant and automatic USD Coin (USDC) conversion into USD upon deposit. Per the announcement: “FV Bank customers will now be able to receive USDC directly into their bank account, and have the funds instantly converted into USD at the moment of receipt.” Circle … Continue reading FV Bank Partners with Circle for Instant USDC Deposits and Conversion

Strike Secures $80m in Funding to Propel Instant Bitcoin Payments

Strike raised $80 million in funding to revamp BTC payments for top financial institutions, marketplaces, and merchants. Jack Mallers, the CEO and founder of Strike, pointed out: “We’re moving full speed ahead not just to integrate Strike’s revolutionary payments with leading merchants, but globally, with a variety of businesses and partners to innovate and deliver … Continue reading Strike Secures $80m in Funding to Propel Instant Bitcoin Payments

Meta Introduces Digital Collectibles NFT Features on Instagram & Facebook

On September 29, Meta, the parent company of Facebook and Instagram, announced that users on Facebook and Instagram in the US can now connect their wallets and share their digital collectables. The company said that users of both platforms will be able to cross-post digital collectables they own and connect their associated wallets on Facebook … Continue reading Meta Introduces Digital Collectibles NFT Features on Instagram & Facebook

Bitcoin ATMs Installation Growth Dropped Sharply in September

The number of Bitcoin Automated Teller Machines (ATMs) installed globally is currently being affected by the current state of the crypto economy.  The number of ATMs that have been installed dropped from 38,776 in August to 37,980 ATMs in September according to data gotten from CoinATMRadar. 796 ATMs were removed from the global network which … Continue reading Bitcoin ATMs Installation Growth Dropped Sharply in September

Instagram to Run Polygon-backed NFT Marketplace

Meta has announced that social media giant Instagram will be introducing a non-fungible tokens (NFTs) marketplace that will run with the support of Polygon. “Creators will soon be able to make their own digital collectables on Instagram and sell them to fans, both on and off Instagram,” Meta announced in an updated blog post. According … Continue reading Instagram to Run Polygon-backed NFT Marketplace

Lee Jung-Hoon, Former Bithumb Chair Acquitted In First Instance

The 34th Division of the Criminal Agreement of the Seoul Central District Court said on January 3 that it has found Lee Jung-hoon, the former chair of the cryptocurrency exchange Bithumb in South Korea, not guilty of the charges brought against him. Due to allegations of fraud, Jung-Hoon was on trial for allegedly breaking the … Continue reading Lee Jung-Hoon, Former Bithumb Chair Acquitted In First Instance

China's "Instagram" chooses Conflux Network for permissionless blockchain integration

Toronto, Canada, 24th January, 2023, Chainwire Little Red Book, (XiaohongShu), the Chinese version of Instagram integrates Conflux Network as permissionless blockchain allowing users to showcase NFTs minted on Conflux on their profile page in the digital collection section called ‘R-Space’. The platform has more than 200 million active monthly users and this integration brings NFTs … Continue reading China's "Instagram" chooses Conflux Network for permissionless blockchain integration

bitFlyer Co-Founder Seeks to Reinstate as CEO

Yuzo Kano, co-founder of bitFlyer, a prominent cryptocurrency exchange in Japan, plans to reintroduce himself as CEO in an attempt to reinvigorate the company. Kano left the company in 2019 amidst a series of management disputes, but he aims to lead the company towards an Initial Public Offering (IPO) in the coming months, according to … Continue reading bitFlyer Co-Founder Seeks to Reinstate as CEO

Australia Surpasses Asia in Crypto ATM Installations

Australia has become a leading country in the adoption of cryptocurrencies, with a growing number of businesses and individuals recognizing the benefits of using digital assets for daily transactions. According to Coin ATM Radar, Australia has surpassed Asia in the total number of crypto ATMs installed, with 364 machines as of January 2023. This represents … Continue reading Australia Surpasses Asia in Crypto ATM Installations

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