Business

The world’s largest asset manager BlackRock has seen its asset under management (AUM) surge by a whopping $160 billion during the third quarter of the year, to now have a record-breaking $11.5 trillion in AUM. According to a recent Bloomberg report, investors were particularly drawn to BlackRock’s exchange-traded fund (ETF) offerings – which include a […]

Onyx is JPMorgan’s permissioned blockchain system that leverages smart contracts to facilitate transaction orders on its network. It was launched in 2020 after the bank’s JPM Coin, and has since then served as an optimal permissioned blockchain banks and financial institutions use to move money, assets, and share information efficiently.  Onyx is a whole ecosystem, […]

Leading cryptocurrency exchange volume has seen its spot trading volume plummet by 36.8% to $115 billion last month, the lowest level the cryptocurrency trading platform has seen since October 2020. The drop was its third consecutive since June. As a result, Binance’s share of the spot cryptocurrency trading market is now at its lowest level […]

In an information that has been called the “biggest in Xbox history,” tech behemoth Microsoft has inadvertently revealed plans to integrate a cryptocurrency wallet onto its popular Xbox gaming console. The leak through several documents being posted on the Resetera gaming forum, and the documents were unredacted in the Federal Trade Commission’s (FTC) case against […]

The digital asset arm of British traditional finance giant Standard Chartered, Zodia Custody, has unveiled a new offering allow cryptocurrency investors to generate income from their holdings via staking. The financial giant’s subsidiary, which is in the cryptocurrency custody business, revealed it struck a deal with Singapore’s blockchain tech giant OpenEden, which paves the way […]

The Chief Financial Officer of the New Development Bank of the BRICS economic coalition indicated a “medium to long-term ambition” to establish a new global currency, potentially rivaling the US dollar in a recent interview. The alliance, formed by Brazil, Russia, India, China, and South Africa, is reportedly looking to enhance direct trade in their […]

Written by: Shilika Jain, who worked with industry greats in Business Development at CoinMarketCap and Binance, and worked with over 50+ projects including Dapps, DeFi protocols, NFT projects, L1’s and exchanges. FTX crash is one of the black swan events in the crypto industry. It was not just customers who faced increased losses, but the […]

Venture Capital (VC) funding hasn’t been drying up for companies working on Web3, according to a senior analyst at data and research firm PitchBook, who revealed that Web3 companies have in fact seen funding increase during the crypto winter. According to Robert Le, a senior merging research analyst at PitchBook, VC funding has been moving […]

MoneyGram International has launched a new remittance service in Brazil through a new partnership with Frente Correta, one of the main partners of fintech firm Ripple in the country. The new service was positively met by the $XRP community. According to a newly issued press release, the new partnership led to the launch of MoneyGram […]

MetaMask and PancakeSwap are two well-known blockchain applications in the overall cryptocurrency sphere. The former out as an efficient, simple, yet versatile crypto wallet. The latter is a decentralized exchange based on the BNB Chain that facilitates liquidity for numerous cryptocurrencies and some interesting features for traders with a high appetite for risk. What is […]

Cryptocurrency newswire service ChainWire has been awarded nine badges by leading software marketplace G2, with the badges coming in response to feedback from real users featured in the firm’s quarterly review form. According to a press release shared with CryptoGlobe, ChainWire’s awards include being most likely to be recommended by users, High Performer, Best Meets […]

Google has said it will start letting some customers pay for cloud services using cryptocurrencies in early 2023 thanks to a partnership with crypto exchange Coinbase, which will facilitate the payments through Coinbase Commerce. According to CNBC, the deal was announced at Google’s Cloud Next conference and may lure in blockchain-native companies to Google in […]

Multinational professional services company Deloitte has published survey data showing that nearly 75% of U.S. retailers intend to accept crypto payments within the next two years.  According to a report (titled “Merchants getting ready crypto”) prepared and published by Deloitte (in collaboration with PayPal), the market is preparing itself to fully embrace digital payments. Deloitte […]

Silicon Valley-based venture capital firm Andreessen Horowitz (“a16z”) has announced the launch of a $4.5 billion fund to take advantage of opportunities created in the cryptocurrency space by the bear market, as the VC firm believes crypto is entering its “golden era.” In an announcement, the firm noted that since “the advent of computing in the 1940s” there […]

On Tuesday (April 5), Welly, the world’s first SHIB-themed restaurant, which is based in Naples, Italy, announced its future plans, such as burning $SHIB every time somebody makes a purchase via crypto payment process NOWPayments. In a blog post published on February 2, pseudonymous Shiba Inu developer Shytoshi Kusama, said that “ShibArmy is on the march” and […]

Leading cryptocurrency exchange Binance has announced plans to buy Brazilian securities brokerage firm Sim;paul Investimentos and has reportedly signed a memorandum of understanding (MoU) to move forward with the deal. According to local news outlets, the brokerage firm is authorized by the Central Bank of Brazil and the country’s Securities and Exchange Commission. While any deal […]

Major U.K. law firm gunnercooke has started accepting payments in most major cryptocurrencies for legal and professional services. The firm accepts leading cryptoassets like Bitcoin ($BTC) and Ethereum ($ETH), but also smaller altcoins like Cardano ($ADA) and Dogecoin ($DOGE). According to an announcement the law firm published, it is now accepting cryptocurrency payments through cryptocurrency […]

A cryptocurrency-based restaurant has opened in Dubai and is accepting payments in every major cryptoasset for food based on the meme-inspired cryptocurrency Dogecoin ($DOGE). The restaurant is a virtual one available through delivery. According to Timeout Dubai, the virtual restaurant was launched by Rocket Kitchens, a chain of virtual restaurants, and its menu was “carefully […]

Decentralized autonomous organizations (DAOs) are reportedly providing an excellent training ground for savvy job seekers who are looking for an alternative path to the best financial and crypto jobs.  According to a report by Bloomberg, crypto is flipping the script on the pathway to Wall Street and a high-paying career by offering jobseekers the ability […]

On Tuesday (February 1), Bitcoin company NYDIG announced “the launch of a Bitcoin Savings Plan to let employees of leading companies get #PaidInBitcoin.” NYDIG is “a subsidiary of Stone Ridge, a holding company that has led the creation of forward-thinking firms across the worlds of technology and finance, including a $12B+ alternatives asset manager.” It […]

In another example of the ever-growing popularity of meme-based cryptocurrency Dogecoin for payments, The Lost Leaf, which is an American bar based in Phoenix, Arizona, announced yesterday that it is accepting $DOGE as a means of payment for drinks. The Lost Leaf calls itself an art bar and music venue. The original Lost Leaf was […]

A new report claims that while businesses are increasingly turning to Bitcoin for payments, $ETH, $DOGE, and fiat-backed stablecoins are gaining in popularity.  According to a report by Fortune, crypto payment processor BitPay is claiming that Bitcoin’s use by merchants dropped to 65% of all processed payments, down from 92% in 2020. Ethereum purchases accounted […]

The founders of popular cryptocurrency exchange BitMEX are set to acquire one of the oldest banks in Germany, Bankhaus von der Heydt, which was formed back in 1754. The move will help establish a regulated cryptocurrency products powerhouse in Europe. According to an announcement published by BitMEX a company founded by its CEO Alexander Höptner […]

Credit card and financial services behemoth Visa has partnered with more than 60 crypto platforms in order to allow consumers to make payments with digital assets. Speaking in an interview with NDTV, Visa’s head of crypto Cuy Sheffield said the financial services company has doubled its crypto partners over the last 18 months in order […]

Payments giant Visa has announced it completed the acquisition of Currencycloud, a global platform that allows banks and fintech firms to provide foreign exchange solutions for cross-border transactions. The acquisition, according to a press release, will “Visa and Currencycloud clients and partners to provide greater transparency, flexibility and control for consumers and businesses when making […]

Payments network Flexa has got some great news for the Cardano community. What Is Flexa? Flexa, which was founded in February 2018 is a leading “pure-digital” payments network. It claims to “provide merchants and developers with simple integrations for digital currency acceptance that are fast, affordable, and completely fraud-proof.” Flexa says it is “the first […]

VR World®, which is one of the largest virtual reality clubs in the Americas, has decided to embrace crypto. VR World, which was founded in 2017, is based in New York City. Here is how it describes itself: “VR World is North America’s largest immersive entertainment destination, featuring over 50 virtual reality experiences, ranging from […]

A leading blockchain-based Travel booking platform, which is backed by Binance, has added support for highly popular meme-based cryptocurrency Shiba Inu ($SHIB). Travala.com ($AVA), which currently “offers 2,200,000+ properties covering 90,124 destinations in 230 countries and territories”, was founded in 2017. On 20 May 2020, Travala.com announced “its strategic merger” with the leading crypto-friendly flight […]

As the popularity of Shiba Inu ($SHIB) has grown, its price has skyrocketed (roughly 44.25 million percent in the year-to-date period). This has resulted in the rapidly increasing adoption of $SHIB as a form of payment by merchants around the world. What Is Shiba Inu ($SHIB)? Here is how South Korean crypto exchange Korbit described […]

Konzum, which is the largest supermarket chain in Croatia, recently made a very interesting announcement that largely went unnoticed in the XRP community. Konzum has over 700 physical stores in Croatia and over 10,000 employees. The first Konzum store was opened in Zagreb in 1957. According to the notice posted on the Konzum website on December […]

On Tuesday (November 30), the world’s hottest dog meme cryptocurrency Shiba Inu ($SHIB) managed to jump over $AVAX, the native token of smart contracts platform Avalanche after a 24% price surge in the past 24-hour period. What Is Shiba Inu ($SHIB)? Here is how South Korean crypto exchange Korbit described this meme-based cryptocurrency when it announced on November […]

American professional basketball team Houston Rockets has announced that thanks to it has signed a sponsorship deal with New York Digital Investment Group (NYDIG), a leading bitcoin company. According to the press release, which was issued by NYDIG on November 16, “as the Official Bitcoin Services Partner and Bitcoin Platform of the Houston Rockets, NYDIG […]

FinTech group Mode Global Holdings (“Mode”) says that next year UK residents will be able to use its highly popular mobile app to “supercharge” their online shopping some of the country’s most popular merchants with Bitcoin cashback. Mode, which was founded in 2019, offers two main products: For consumers, it offers the Mode app, which allows them to […]

Leading U.S. movie theater chain AMC is set to add the meme-inspired cryptocurrency Shiba Inu ($SHIB) payments in 60 to 120 days, according ot the company’s CEO Adam Aron, who revealed the move on social media. According to Aron, cryptocurrency payment processor BitPay is adding Shiba Inu “specifically” because he asked them to so AMC […]

Recently, San Francisco-based startup Pacaso announced that it is now possible to pay with crypto — including Dogecoin ($DOGE) — for shares in single-family homes in some of the top second home destinations in the U.S. As Bloomberg reported back on March 21, Pacaso, which was founded in October 2020 by Zillow Group Inc. co-founder Spencer Rascoff […]

FinTech group Mode Global Holdings PLC (“Mode”) has partnered with e-commerce company THG PLC (aka “The Hut Group”) to launch its Open Banking payments and Bitcoin rewards solution. Mode offers two main products: For consumers, it offers the very popular Mode app, which allows them to (1) makes it easy to buy/hold Bitcoin; (2) send […]

Verifone (NYSE: PAY), one of the world’s leading payment solution providers, has announced “the extension of BitPay’s blockchain payment technology to enable consumer cryptocurrency payments on Verifone’s in-store and eCommerce Cloud Services platforms in the United States.” This American multinational corporation, which was founded in 1981 and is headquartered in Coral Springs, Florida, offers merchants […]

Digital (i.e. internet-only) bank Revolut has announced that it will be paying the rent for its massive 300-employee office in Dallas, Texas using Bitcoin.  Revolut, which was founded by Nikolay Storonsky, and Vlad Yatsenko in July 2015 in London, started life as a Fintech company by offering a multi-currency pre-paid debit card managed via a mobile […]

On 7 September 2021, also known as “Bitcoin Day” in El Salvador, Bitcoin became legal tender in the small Central American. Bitcoin advocate Jack Mallers called this day “One small step for Bitcoin, one giant leap for mankind.” So how did we get here? It all started on June 5 when Zap Solutions (a Bitcoin […]

Three months ago, this small Central American nation passed a bill to make Bitcoin legal tender. Today, that law became effective, and President Nayib Bukele announced that his country had taken advantage of the flash crash to buy more Bitcoin. It all started on June 5 when Zap Solutions (a Bitcoin payments startup that uses […]

Popular cryptocurrency platform Crypto.com is set to reach over 775 million soccer fans through a new partnership deal signed with Lega Serie A, a professional soccer league competition at the top of Italy’s sports scene. According to a press release shared with CryptoGlobe, Crypto.com will become the first Innovation & Technology Partner of Italian Football […]

Two days after billionaire Mark Cuban said that Dogecoin ($DOGE) is the most popular cryptoasset for crypto payments, Peurto Rico based IT firm BOTS Inc. announced that it is now possible to buy second-hand Tesla cars with $DOGE. Dogecoin was initially released on 6 December 2013, as a “fun and friendly internet currency.” It was created by […]

Argentinian soccer superstar Lionel Messi, who is considered one of the greatest players of all time, who made waves earlier this week after transferring from his long-time Spanish club Barcelona to French club Paris Saint Germain (PSG), has received a payment package that includes cryptoassets.  According to a report by Reuters, the negotiations for Messi’s […]

Over half of the 100 largest banks in the world by assets under management reportedly have exposure to cryptocurrency and blockchain technology through projects in the space, according to a newly published report. The report, published by Blockdata, first reported by Cointelegraph, reveals global banking giants have been increasing their involvement in the cryptocurrency space […]

This article provides an update on the most interesting news (in the past 48 hours) about popular meme-based cryptocurrency Dogecoin (DOGE). As you may know already, on July 13, S&P Dow Jones Indices (S&P DJI), a division of S&P Global, announced the launch of five new cryptocurrency indices, the main one of which is the S&P […]

A Las Vegas strip club is elevating itself into the digital age by accepting Bitcoin via the ultra-fast and efficient Lightning Network.  According to a recent press release, the Crazy Horse 3 gentlemen’s club in Las Vegas, Nevada has started accepting Bitcoin payments through the Lightning Network. The world-renowned strip club claims to be the […]

Grupo Cinco, one of largest entertainment / nightlife companies in Paraguay has announced that it is going to take “a step into the future” by starting to accept select cryptocurrencies ($BTC, $ETH, $CHZ, and $SHIB) across all of its business units from July. What was interesting about its June 17th announcement was which cryptocurrencies it […]

South Korean tech giant Samsung has added support for third-party cryptocurrency hardware wallets to its Galaxy smartphones. These wallets including the Ledger Nano S and Nano X. According to an announcement the company published, its smartphones supporting the Samsung Blockchain Wallet – which is available on the Samsung Galaxy store – can now be linked […]

On Wednesday (May 12), just three weeks after agreeing with Jack Dorsey that “Bitcoin incentivizes renewable energy”, Elon Musk shook the crypto market by announcing that Tesla is no longer accepting BTC as a payment method. On February 8, the world learned from Tesla’s latest annual report (Form 10-K) that the company had invested $1.5 […]

Jamie Iannone, the President and CEO of eBay, says that the American multinational e-commerce company is considering accepting crypto for payments on its platform. During an interview with CNBC’s Squawk on the Street”, he was asked about eBay’s approach to cryptocurrencies. Iannone replied: “One of the great things about our managed payments is we’re expanding […]

On Wednesday (May 5), MercadoLibre, Inc. (NASDAQ: MELI), the Argentinian company that operates marketplaces throughout Latin America, mentioned Bitcoin as part of its Q1 2021 earnings report. The Latin American e-commerce giant, which is headquartered in Buenos Aires, Argentina, said in the Form 8-K that it filed with the U.S. Securities and Exchange Commission (SEC) […]

After Tesla reported its Q1 2021 Financial Results yesterday (April 26), many in the crypto community were shocked to hear Tesla had sold 10% of its recently acquired Bitcoin. Later, the Tesla CFO and the Tesla CEO made some clarifying remarks. On February 8, the world discovered from Tesla’s latest annual report (Form 10-K), which […]

Crypto payment processor NOWPayments recently announced that it has integrated support for Cardano, which means that their plugins for various e-commerce solutions, such as Shopify and WooCommerce, now support $ADA payments. Here is how Jeremy Firster, a Project Manager at Cardano Foundation, announced the news on Twitter on April 21: In this tweet, Firster referred […]

Billionaire luxury real estate developer Nick Candy is reportedly ready to sell his London penthouse apartment for £175 million (roughly $240 million); and interestingly he is willing to consider offers in Bitcoin and Ethereum. According to the report by The Telegraph, the duplex penthouse is part of luxury residential and retail complex Hyde Park One, […]

Enterprise-level partnerships and an emphasis on real-world deals have propelled the price of VeChain’s $VET token to a new all-time high.  According to a report by Cointelegraph, VeChain has become validated in the eyes of large-cap investors due to a series of enterprise-level partnerships. VeChain is a blockchain project that seeks to integrate decentralized governance […]

On Wednesday (April 7), American billionaire businessman Rick Caruso, founder and CEO of real estate and hospitality company Caruso, said during an interview that his company will soon accept Bitcoin for rent payments from residential and commercial tenants. His firm is “a privately owned, industry-renowned company that blends best-in-class real estate with five-star hospitality to create a […]

According to a report by Anna Tong for Vogue Business, which was published earlier today, fashion brands have been “studying the wild, wacky world of blockchain and all its creative and business possibilities” and are now “poised to jump in.” Vogue Business says multiple industry sources are confirming that several luxury fashion houses preparing to release […]

On Tuesday (March 30), the Bitcoin price went above the $59,000 level for the first time in 10 days. According to a report by Reuters, later today, payments firm PayPal Holdings, Inc. will announce that it is “allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally.” PayPal President and CEO […]

Recently, Amrita Ahuja, CFO at payments solution provider Square Inc. (NYSE: SQ), chief financial officer, talked about her company’s plans for Bitcoin. During an interview with Fortune, which was published on Monday (March 29), Ahuja, who joined Square in January 2019 from Blizzard Entertainment, she said: “There’s absolutely a case for every balance sheet to have Bitcoin […]

The endowment fund of Duke University made an early investment in popular cryptocurrency exchange Coinbase which has “probably increased 100x,” according to a report by CoinDesk citing two sources familiar with the matter. According to the report, the $3.9 billion Duke Endowment was included in Coinbase’s early fundraising rounds because one of the firm’s co-founders, […]