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From Blockchain to Plastic: A Look at Cryptocurrency Payment Cards

From Blockchain to Plastic: A Look at Cryptocurrency Payment Cards

Quick Take

  • Several payment-card products are available in the cryptocurrency ecosystem, including credit cards, prepaid cards, and debit cards.
  • Cryptocurrency companies use rewards as a key incentive to encourage customers to hold and spend their native tokens.
  • Crypto-backed credit cards form a new avenue of innovation in the payment card sphere, allowing users to leverage their digital asset holdings as collateral for fiat currency loans.

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Two Sigma Securities becomes a Chainlink network data provider

Two Sigma Securities, a quantitative liquidity provider and market making firm, will become a data provider for Chainlink

The post Two Sigma Securities becomes a Chainlink network data provider appeared first on The Block.

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Venture firm Bessemer counts on a decentralized network for deal flow

Bessemer said in March it would commit $250 million to crypto. The firm has now set up a deal-sourcing DAO.

The post Venture firm Bessemer counts on a decentralized network for deal flow appeared first on The Block.

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Coinbase intensifies push into derivative trading with new exec hire from Goldman

Coinbase has hired Usman Naeem as its new head of global derivative sales and agency trading in London.

The post Coinbase intensifies push into derivative trading with new exec hire from Goldman appeared first on The Block.

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Flashbots product lead addresses concerns over Tornado Cash censorship

The Flashbots product lead says the project open-sourcing more of its infrastructure and knowledge base to foster greater competition.

The post Flashbots product lead addresses concerns over Tornado Cash censorship appeared first on The Block.

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The European Council passes MiCA, EU’s comprehensive crypto regulation

If approved, laws will be in place at the start of 2024 at the earliest.

The post The European Council passes MiCA, EU’s comprehensive crypto regulation appeared first on The Block.

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Acala restores full operations after users ‘error minted’ 3 billion aUSD

Polkadot’s DeFi-focused parachain Acala has reopened its services to users, three weeks after a major security incident.

The post Acala restores full operations after users ‘error minted’ 3 billion aUSD appeared first on The Block.

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Fidelity and Citadel-backed exchange EDX Markets taps Paxos for custody

Charles Schwab, Citadel Securities, Fidelity Digital joint venture EDX Markets chooses Paxos as its custodian.

The post Fidelity and Citadel-backed exchange EDX Markets taps Paxos for custody appeared first on The Block.

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DeBridge announces deSwap Liquidity Network for more secure bridging

DeBridge has announced deSwap Liquidity Network (DLN) which aims to make bridging more secure by no longer locking assets.

The post DeBridge announces deSwap Liquidity Network for more secure bridging appeared first on The Block.

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Fintech unicorn Stash deepens its push into crypto with eight new offerings

Stash has partnered with Apex Crypto to enable customers access to eight of the largest and most established cryptocurrencies.

The post Fintech unicorn Stash deepens its push into crypto with eight new offerings appeared first on The Block.

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