Amazon to allow users to make payments using cryptocurrencies

Amazon to allow users to make payments using cryptocurrencies
Amazon.com, Inc. has recently hinted plans to allow users to make purchases using cryptocurrencies like Bitcoin as a mode of payment. The news comes as the e-commerce giant is looking to recruit a digital currency and blockchain product lead for its payments team. According to a recent job posting, Amazon's team is looking for a skilled product leader to build Amazon's Blockchain and Digital Currency strategy and product roadmap. As per

Paysafe selects Elliptic to support crypto payments compliance

Paysafe selects Elliptic to support crypto payments compliance
Paysafe, a prominent specialized payments platform, has reportedly selected Elliptic, a global leader in crypto-asset risk management, for its Elliptic Lens solution to examine crypto wallets, going above as well as beyond in crypto compliance. Paysafe can now control its indirect exposure to risks related to cryptocurrency while also strengthening its cryptocurrency controls. According to reports. Elliptic and Paysafe together have released a c

Crypto miner Core Scientific plans to go public in $4Bn SPAC deal

Crypto miner Core Scientific plans to go public in $4Bn SPAC deal
Core Scientific, one of the largest cryptocurrency miners in the U.S., has reportedly announced plans to get listed on the Nasdaq exchange in a deal that values the 4-year-old company at $4.3 billion. The latest indicates that the country's growing importance as a bitcoin mining hub will only grow as China, the long-time market leader, continues to crack down on the crypto space. As per the deal, which is still pending approval by the shareh

NSAV Crypto Exchange announces plans to go public in the US

NSAV Crypto Exchange announces plans to go public in the US
NSAV will become the second cryptocurrency company listed and traded publicly in the United States following launch of its cryptocurrency exchange Net Savings Link Inc (NSAV), a blockchain, cryptocurrency, and digital asset technology company, has reportedly publicized its plan to go public in the United States through an initial public offering (IPO) following the launch of its anticipated Cryptocurrency Exchange. According to a press statemen

Cashaa to commence cryptocurrency banking services in India

Cashaa to commence cryptocurrency banking services in India
Online cryptocurrency bank- Cashaa has reportedly announced the extension of its crypto banking services in India. The bank is likely to establish a credit co-operative society to allow customers to access services for digital and fiat currencies. Notably, Cashaa has introduced Unicas in association with the United Multistate Credit Co-operative Society. Unicas is expected to be the world’s first financial organization that caters to crypt

TikTok bans influencers from promoting cryptos on its platform

TikTok bans influencers from promoting cryptos on its platform
TikTok, the video-sharing focused social networking service owned by Chinese company ByteDance, has reportedly upgraded its branded content policy to prohibit all financial products and services, including influencers from promoting cryptocurrency, share trading, and buy-now-pay-later schemes. As per the company, the move has been taken to combat rising misuse of the immensely popular media platform for committing scams, frauds and unethical beh

Leher witnesses surge in crypto-based conversations on its platform

Leher witnesses surge in crypto-based conversations on its platform
A rapid increase in the adoption of digital assets has subsequently led to the establishment of many blockchains and crypto-based start-ups across the globe. There has been a growing interest surrounding discussions related to the topic across several community-based platforms like Twitter Spaces and Clubhouse.   Recently, social networking service- Leher has been witnessed a surge in real-time discussions regarding cryptocurrencies. Vikas

Jack Dorsey: Square to form a new division for Bitcoin-based DeFi

Jack Dorsey: Square to form a new division for Bitcoin-based DeFi
Jack Dorsey, the CEO of Twitter and Square, a US-based digital payment and financial services company, has reportedly announced through his Twitter handle that the company is forming a new division that will focus on developing Bitcoin-based decentralized financial services. In his Twitter post, Dorsey has stated that Square's new division will develop an open developer platform with the express purpose of enabling easy to create, permission

Figure Technologies partners with Apollo to list funds on blockchain

Figure Technologies partners with Apollo to list funds on blockchain
Apollo Global Management, an alternative asset manager firm, has reportedly declared its partnership deal with American fintech company, Figure Technologies on blockchain initiatives. The deal will see listing of funds on blockchain as well as asset securitization and digital platforms. Speaking on the move, John Zito, Senior Partner & Deputy CIO of Credit, Apollo, said that the collaboration extends their firm’s strategy on working wi