Tag: firm

Global council adds DeFi banking firm Scallop to help secure payment data

[ad_1] A council formed by traditional finance conglomerates American Express, Discover, Visa and Mastercard welcomes a decentralized finance (DeFi) banking firm to its participating organizations that help improve payment data security worldwide. Scallop, a regulated DeFi banking app recently announced its entry to the PCI Security Standards Council (PCI SSC), a global community with a goal to improve payment data security worldwide. According to the DeFi firm, it will be working with the PCI SSC by assisting in the ongoing development and adoption of the PCI Security Standards. Lance Johnson,…

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UK Law Firm Gunnercooke Says It Now Accepts Crypto Payments – Featured Bitcoin News

[ad_1] U.K. law firm, Gunnercooke, claims to be one of the first major law firms in the country to accept crypto payments. Crypto Asset Payments A United Kingdom-based commercial law firm, Gunnercooke, has become the latest practice to accept cryptocurrency as payment for services, a report has said. The firm also claims to be one of the first major U.K.-based law firms to give its clients the payment choice. We’re delighted to announce that we are now the first major UK law firm to officially accept payment in cryptoassets. We’ve…

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Polygon, Reddit Co-Founder’s VC Firm Launch $200 Million Social Media Web3 Fund – Bitcoin News

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[ad_1] The team behind Polygon, the protocol dedicated to interconnected blockchain networks like Ethereum, and Alexis Ohanian’s Seven Seven Six venture capital company have revealed a $200 million investment fund in blockchain-based social media projects. According to the announcement, the partner’s mission is to attempt to bridge blockchain, Web3 technology, and social media together. Polygon and Alexis Ohanian’s Seven Seven Six Launch $200 Million Fund Dedicated to Web3, Blockchain, and Social Media Polygon and Alexis Ohanian’s firm Seven Seven Six plan to bolster Web3 technology with social media via blockchain…

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Aussie firm to launch $100M class action over dodgy QOIN token

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[ad_1] The issuer of a controversial cryptocurrency that can only be sold in batches of $125 daily on a single exchange is facing pushback from an Australian law firm. Queensland-based law firm Salerno Law plans to file a lawsuit accusing BPS Financial Limited — the company behind the QOIN token — of engaging in misleading and deceptive conduct, pyramid selling of financial products, and failing to comply with financial services regulations. The lawsuit will seek $100 million in damages. Salerno Law, which specialises in crypto disputes, started collecting expressions of…

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Fintech Firm Revolut Pays for Dallas-Based Wework Workspace With Bitcoin – Bitcoin News

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[ad_1] The cryptocurrency-infused financial tech company Revolut has announced it has purchased a Wework office with bitcoin. Revolut detailed that the office space in Dallas, Texas will house 300 employees to prepare for the company’s U.S. expansion. Revolut Pays Bitcoin for Wework Property in Texas On September 16, 2021, Revolut, the fintech firm that offers users cryptocurrency services and aims to provide the world with a “global financial superapp” announced a deal with Wework. According to the announcement, Revolut will be leveraging the Wework workspace at 6900 Dallas Parkway in…

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Bank of Ghana Selects German Technology Firm as Partner for CBDC Project – Emerging Markets Bitcoin News

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[ad_1] The Bank of Ghana (BOG) says it has signed an agreement with Giesecke Devrient (GD) to implement a pilot central bank digital currency (CBDC) project. This pilot CBDC, which is a precursor to the e-cedi digital currency, is set to be tested with banks, payment service providers, merchants, consumers and other relevant stakeholders. Learning From the Trial Phase In a press release, the Ghanaian central bank says GD will provide the technology and a solution that suits Ghana’s requirements. The press statement adds that during the trial phase, a…

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Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures – Finance Bitcoin News

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[ad_1] Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products. The partnership marks one of the first occasions where an American multinational investment bank has partnered with a crypto asset service provider. Galaxy Serves as Goldman’s Counterparty for Bitcoin Futures Trading Goldman Sachs is trading bitcoin futures products with Galaxy Digital according to statements made by Galaxy’s co-president Damien Vanderwilt during an interview with CNBC. Galaxy Digital is a financial services and investment management innovator founded by the…

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African Property Development Firm Partners Online Leasing Platform in a BTC for Solar Cells Scheme – Emerging Markets Bitcoin News

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[ad_1] South African property developer, New Age Properties, says it has partnered with Sun Exchange, an online leasing platform, as part of an effort to bring cheap and clean energy to low-income earners. Bitcoin for Solar Cells According to the two companies’ working arrangement, Sun Exchange, which also accepts payment in BTC form, will enable buyers of solar cells to lease electricity to Watergate Estate, one of South Africa’s first low-cost gated community housing project. Meanwhile, a local news report explains how the consummation of this partnership will represent a…

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Payments firm Nuvei launches support for 40 cryptos including Reddcoin and DOGE

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[ad_1] E-commerce merchants can now transact in nearly 40 cryptocurrencies through global payment platform Nuvei.  According to the announcement, merchants partnered with the payment provider can use an array of cryptocurrencies to send and receive payments across 200 countries, including top assets Bitcoin (BTC) and Ether (ETH), lesser known cryptos such as Reddcoin and Bitcoin Gold, and even hyper-volatile coins like Dogecoin (DOGE). Nuvei’s customers can even use Ripple (XRP), despite the asset’s recent legal woes and subsequent delistings from major exchanges. Commenting on the launch, Nuvei’s CEO and chairman,…

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