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Day: August 4, 2022

ZEBEDEE LAUNCHES INSTANT CROSS-PLATFORM MONEY TRANSFERS USING BITCOIN’S LIGHTNING NETWORK

The new feature will enable any business or app to transfer funds with participating businesses and to instantly pay its users leveraging the Lightning Network. ZEBEDEE is launching a seamless integration allowing any participating business or app to transfer money across platforms. The “Log in with ZBD” feature also allows applications to pay its users …

ZEBEDEE LAUNCHES INSTANT CROSS-PLATFORM MONEY TRANSFERS USING BITCOIN’S LIGHTNING NETWORK Read More »

Visa suspends card payments for ad purchases on PornHub and MindGeek amid controversy

KEY POINTS Visa said it is suspending card payments for advertising on Pornhub and its parent company MindGeek. A federal judge in California on Friday denied Visa’s motion to dismiss a lawsuit by a woman who accuses the payment processor of knowingly facilitating the distribution of child pornography on Pornhub and other sites operated by …

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Meta Confirms NFT Rollout Across 100 Countries Amid Coinbase Integration

Following a series of testing phases, NFT integration is now live on Instagram across 100 countries. Social media giant Meta (META) has started to roll out non-fungible tokens (NFT) across 100 countries after integrating with Coinbase (COIN) Wallet and Dapper. Meta’s founder and CEO, Mark Zuckerberg, confirmed the rollout in a post on Facebook. Instagram users …

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Starbucks teases Web3 rewards program to attract new customers

“This will create an entirely new set of digital network effects that will attract new customers and be accretive to existing customers in our core retail stores,” said interim CEO Howard Schultz. Global coffee store franchise giant Starbucks is looking to launch a new Web3 rewards program to attract and retain customers, according to its …

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Canadian taco franchise uses NFTs for customer loyalty program

A Canadian restaurant franchise is putting their customer loyalty program on the blockchain through a new Tenacious Tacos NFT collection. With 19 locations across Canada and a plan for expansion into the United States, this $6 million taco franchise wants to capitalize on their growing customer base. The collection, Tenacious Tacos, allows holders to receive …

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South Korean VC Firm Hashed Lost Up to $3.6B to LUNA Crash: CEO

With many crypto companies notably finding it difficult to share the extent to which the collapse of TerraUSD (UST) and LUNA coins affected their businesses, Simon Seojoon Kim, the Chief Executive Officer of South Korean venture capital firm Hashed, has revealed how much the firm lost when Terra collapse back in May. In an interview with …

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Europe’s Securities Regulator ESMA Seeks to Obtain Crypto Transaction Data

The European Securities and Markets Authority (ESMA) is gearing up to implement stricter oversight in regards to crypto-related transactions. The agency is now looking to hire suppliers of trading data, as monitoring major participants in the market falls under its responsibilities. ESMA Launches Public Procurement for Providers of Crypto Trading Data The securities watchdog of …

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Coinbase Stock Soars on BlackRock Partnership News

Shares of the crypto exchange opened trading up over 31% on Thursday. Coinbase Global (COIN) shares opened the trading day Thursday up over 31% to $106 after the cryptocurrency exchange announced a new partnership with asset management giant (BLK). Shares were then briefly halted for trading by the Nasdaq for volatility. They were recently trading up 20% …

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Alibaba shares pop 6% after earnings beat — but reports first flat revenue growth in history

KEY POINTS Alibaba reported fiscal first-quarter earnings on Thursday that beat expectations, sending shares higher. In the quarter, Alibaba faced a number of headwinds including a resurgence of Covid in China that led to major cities being locked down and a sluggish Chinese economy in the second quarter. Alibaba reported fiscal first-quarter earnings on Thursday that …

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