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Mastercard Launches Crypto-Linked Payment Cards in Asia Pacific

Mastercard Launches Crypto-Linked Payment Cards in Asia Pacific

The card giant will enable customers to convert cryptocurrency to fiat for payments.

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Bitcoin Holds Support at $60K-$65K, Testing All-Time High

Bitcoin (BTC) is rising above a short-term downtrend and looks set to challenge the all-time high near $66,900. Buyers are in the lead, which could support continued upside into Asia trading hours.

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Crypto VC trends: Throwing money at blockchain gaming platforms

Quick Take

  • October saw a lot of NFT and blockchain gaming startups raising funds — Nearly half of the $3.4 billion worth of VC deals were in this category.
  • The crypto trading category was also very popular, followed by DeFi and other categories.

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‘Too Much’ Innovation Is Dangerous With Stablecoins: OCC Chief Hsu

Acting Comptroller of the Currency Michael Hsu spoke to CoinDesk TV about the Biden Administration’s recent report on stablecoins, arguing that “if you innovate too much … you’re going to get a wide range of outcomes that some of which are not going to be good.” Rather, the focus should be on protecting those who get into the space.

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Mastercard to launch crypto-linked payment cards in Asia Pacific

The global payments giant is partnering with three major digital asset service providers in the region to launch these crypto-linked credit and debit cards.

The post Mastercard to launch crypto-linked payment cards in Asia Pacific appeared first on The Block.

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Treasury sanctions another crypto exchange and two ransomware operators

The Biden Administration continues its blitz on ransomware with new designations.

The post Treasury sanctions another crypto exchange and two ransomware operators appeared first on The Block.

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FTX CEO: Social media on the blockchain could be ‘absolutely huge’

FTX CEO Sam Bankman-Fried said that bringing blockchain to social media could be a massive opportunity.

The post FTX CEO: Social media on the blockchain could be ‘absolutely huge’ appeared first on The Block.

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Crypto Mining Stocks Rally After Bitcoin Surges Near Record, Ether Hits All-Time-High

Monday’s rally in bitcoin and ether prices spurred crypto mining stocks such as Marathon Digital and Riot Blockchain to rise sharply.

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Crypto News Roundup for Nov. 8, 2021

With the crypto market now reaching over $3 trillion in total market capitalization and a look at stablecoin regulation, CoinDesk’s Markets Daily is back with the latest news roundup.

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Coinbase launches its wallet as a standalone browser extension

Crypto exchange operator Coinbase announced Monday that its wallet is now available as a standalone browser extension.

The post Coinbase launches its wallet as a standalone browser extension appeared first on The Block.

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