Category: MCP News Free

While social media platform Facebook was battling a multi-hour outage yesterday, leading cryptocurrency Bitcoin was rising on the market.

80% of People in El Salvador who have Access to Internet now Use Bitcoin Actively and Are Getting Discounts for Using it

A Subaru Race Car that was discovered to have been used by rally champion Colin McRae was sold for $361,000 worth of Bitcoin.

Visa’s first smart contract deployment was a payment channel accepting both Ether and USDC. This is a conceptual protocol in development by the payment processor that will enable interoperability between central bank digital currencies, called a “Universal Payment Channel,” or UPC.

Solana and Uniswap are the latest addition to Grayscale’s $495M Digital Cap Fund. The crypto investment fund announced the incorporation of the two in what appears to be an initiative for a quarterly balance.

The Bitcoin exchange platform, Mt.Gox, may soon be required to distribute 200K to its creditors upon a lingering lawsuit.

The crypto community is receiving terrific news from the U.S. Fed Reserve chair Jerome Powell. It looks like cryptocurrencies are in the U.S. to stay according to Jerome.

Payment behemoth, Visa, has set out protocols that will allow various Central Bank Digital Currencies (CBDCs) to interoperate for payments. The company has developed this concept to show how Visa can help several CBDCs transact, even if built on different blockchains.

The Cardano blockchain has turned four years old. The blockchain was born on September 29, 2017. However, we cannot help but question whether it is celebration time on Cardano’s end, considering that it has also dropped from being the third-largest cryptocurrency on its birthday.

At yesterday’s CODE Conference, Tesla’s CEO Elon Musk commented on China’s intolerance to cryptocurrencies. 

Lulu is a UAE-based crypto exchange partnering with Ripple to use its global payments network for cross-border transactions. The exchange has announced today its collaboration with payment behemoth MasterCard to speed up remittances sent over the Lulu Money App.

The US-based top cryptocurrency exchange Coinbase has announced its plans to enable customers to deposit paychecks straight into their online accounts.