Citing low usage numbers by customers and retailers the payments company says they will end all bitcoin related payments by April 23rd; "Empirically, there are fewer and fewer use cases for which accepting or paying with Bitcoin makes sense," Stripe product manager Tom Karlo wrote in the announcement reported by Business Insider; the volatility of price and mining fees also played into the decision by Stripe and has been cited by others as an issue that needs be be addressed. Source.
By any measure the Goldman Sachs rollout of their Marcus deposit product in the UK has been a resounding success;...
On episode 24 I talk with Carl-Alain Memnon of Grain. Grain is the Digital Credit Card for Everyone, they provide a line of credit based on your cash flow, not your credit score.
LendIt Fintech confirmed the opening speaker at their USA event May 25-26 at the Javitz Center is Chris Britt, Founder, and CEO of Chime.
Bloomberg discusses the inner workings of SoftBank’s fund which includes Apple and Saudi Arabia; many former Deutsche Bank AG traders work at the firm; it has invested in a broad range of companies and is currently the world’s largest private equity fund. Source
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That kid who created his own $400,000 NFT project, Benyanub Ahmed, joined another successful NFT group. Together, their sales volume moved past the $5 million mark after just three weeks.
Over the weekend we learned that Intuit, the makers of TurboTax, Mint and Quickbooks, is close to acquiring Credit Karma,...
Digital banking app Revolut is looking to embrace the cryptocurrency wave and incorporate features into the app; the new features would let users exchange and use bitcoin as well as other digital currencies; there is no set plan for the new features but Head of Mobile, Edward Cooper, tweeted that potential changes were coming on cryptocurrencies as Crowdfund Insider reports. Source.
Crypo markets sold off on Monday as trading platforms halted withdrawals and digital currency companies cut jobs....
Block & Afterpay have announced the Scheme of Arrangement under which Block has acquired all of the issued shares in Afterpay.