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🚀 All you need is a little trust ... or 5?link :
🚀 All you need is a little trust ... or 5?
🚀 All you need is a little trust ... or 5?
Big news ahead, Geckos!
Al Kelly, CEO of Visa, said that the financial services company is planning to enable the buying of Bitcoin on Visa.
On crypto's function as digital currencies, he asserts that there is 'strong potential for those to become a new payment vehicle. In fact, it could be an accelerant in some of the emerging markets as we look around the world'. Visa is already working with about 35 different players which will also allow Bitcoin (BTC) to be used at 70 million stores where Visa is accepted. In today's news, Morgan Stanley is offering Bitcoin access to its wealthy clients, Grayscale unveils new trusts and Ethermine attempts to help miners offset EIP-1559 revenue losses.
(We have just published an article on the NFT industry. Do check it out if you are interested in learning more about what is fueling the NFT hype!)
Read on! | | |
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| | REVV is the ERC-20 main utility token and in-game currency for branded motorsports blockchain game titles produced by Animoca Brands, including F1® Delta Time and two upcoming titles based on MotoGP™ and Formula E.
REVV is designed to leverage blockchain interoperability, whereby a token can be utilized across multiple connected gaming ecosystems. The branded motorsport games will be connected by a shared economy made possible by the REVV token - the currency of purchase, utility, and action serving multiple games. Click here | | Morgan Stanley Opens Doors To Bitcoin Morgan Stanley is allowing its wealthier clients access to three funds that enable ownership of BTC. Clients will only have access to the funds if they meet the requirement of having a $2 million threshold. Two of the funds on offer are from Galaxy Digital, a crypto firm founded by Mike Novogratz, while the third is a joint effort from bitcoin investment firm NYDIG and asset manager FS.
Decrypt | | Grayscale Launches 5 New Trusts The world's largest digital asset manager, Grayscale, has launched five new cryptocurrency investment products in response to rising investor demand. The new trusts are Basic Attention Token (BAT) Trust, Chainlink (LINK) Trust, Filecoin (FIL) Trust, Decentraland (MANA) Trust and the Livepeer (LPT) Trust. These will function the same as Grayscale's other single-asset investment trusts and are now available for subscription by eligible individual and institutional-accredited investors.
CoinDesk
| | Ethermine Offsets Miners' Revenue Losses Ethereum (ETH) mining pool Ethermine introduced a new software that could appease miners' protest against EIP-1559.
The new Maximal Extracted Value (MEV) software strategy will act to compensate the upcoming mining reward reduction caused by the adoption of EIP-1559.
The MEV works by automating transaction sequencing in blockchains based on possible arbitrage opportunities, which Ethermine expects to increase mining rewards between 1%-10%, whilst allocating 80% of MEV profits to the pool.
CoinDesk
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| | | | Open/CloseThe price at which a cryptocurrency opens at a time period, for example at the start of the day; the price at which a cryptocurrency closes at a time period, for example at the end of the day. In general, these terms were more useful in traditional financial markets as there are fixed hours of the day in which trading occurs. Learn about other Crypto terms here | | | |
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