Mastercard Will Offer New Cryptocurrency Service to EVERYONE

Mastercard has announced that it is partnering up with Bakkt to allow banks and merchants across its payment network to integrate cryptocurrency into its products. This service is called Crypto-as-a-Service and will allow businesses and merchants to use bitcoin wallets,…

Facebook is FINALLY Testing its Digital Wallet Called NOVI

Facebook has announced that it is finally testing its digital wallet, Novi. The company has been teasing the release of its digital wallet for over two years now with project head David Marcus announcing they are launching a “small pilot”…

NFT Project Accused of Scamming Users After Lil Uzi Vert Deletes Tweets

The Eternal Beings NFT project has been accused of pulling the rug on buyers and scamming them out of money. These accusations come as the rapper Lil Uzi Vert, who was affiliated with the project, deleted all of his tweets…

Cryptocurrency Threatens EXISTENCE of Western Union and Others

As cryptocurrency is further adopted, the sun may soon set on Western Union as it and competitor MoneyGram have lost a ton of money. Mario Gomes Lozada, a former Merrill Lynch banker, estimates that the combined loss in revenue for…

China Has BANNED All Cryptocurrency Transactions

China’s central bank has declared all cryptocurrency activities and transactions illegal in the country and it vows to crack down even harder on the market. As a result, cryptocurrencies across the board have plummeted in value. At the time of…

China Injects Billions to Help Evergrande; How Crypto Can Benefit

The Chinese Central Bank has injected 120 billion Yuan, around $19 billion, into the country’s banking system in an attempt to indirectly bail out the failing Evergrande. As reported earlier in the week, Chinese real estate corporation Evergrande is facing…

Evergrande Crisis Puts Cryptocurrencies at Risk of Collapsing

The cryptocurrency market took a big hit on Monday morning as various assets fell drastically; with Bitcoin having fallen below $44,000 a coin and Ethereum down to around $3,000. The main culprit behind this drop is the Chinese corporation Evergrande,…

Panama Looking to Legalize Cryptocurrency

Hot off the heels of El Salvador and Ukraine, Panama is going through the process of legalizing cryptocurrency. Panamanian Congressman Gabriel Silva introduced the cryptocurrency bill  titled “Crypto Law: Making Panama Compatible with the Digital Economy, Blockchain, Crypto Assets, and…

What You Need to Know About the Adin Ross Crypto Scam

Recently, I wrote a piece on certain internet influencers that have been accused of promoting cryptocurrency scams, but it was more of a general overview of the current situation. For this piece, I want to talk about one particular influencer…

The Boom of Cryptocurrency in Latin America

As I’m sure you’re well aware, El Salvador just recently became the first country in the world to recognize Bitcoin as legal tender, and this caused the price of the crypto to jump 5%. The Bitcoin Law, as it’s named,…