A recent report has confirmed that Circle is paying interest to Coinbase and potentially other companies in exchange for holding funds in USDC. The information was released in Coinbase’s Q2 shareholder letter: “Interest income was $33 million, up 211% compared to Q1. The increase was primarily driven by our
USDT issuer Tether Holdings Limited announced information from an independent attestation about the company’s performance over the preceding quarter. Tether’s assets were evaluated by renowned accounting firm BDO Italia, as of June 30th, 2022.
Tether had previously stated that it would reduce its commercial paper holdings by the
According to Ripio CEO Sebastian Serrano, the Latin American Bitcoin and cryptocurrency platform has started distributing prepaid debit cards in Brazil that support Bitcoin and cryptocurrency payments. Additionally, the card offers up to 5% cashback rewards in Bitcoin (BTC).
By the end of the year, Ripio plans to distribute up
According to Ripio CEO Sebastian Serrano, the Latin American Bitcoin and cryptocurrency platform has started distributing prepaid debit cards in Brazil that support Bitcoin and cryptocurrency payments. Additionally, the card offers up to 5% cashback rewards in Bitcoin (BTC).
By the end of the year, Ripio plans to distribute up
A recent report has confirmed that Circle is paying interest to Coinbase and potentially other companies in exchange for holding funds in USDC. The information was released in Coinbase’s Q2 shareholder letter: “Interest income was $33 million, up 211% compared to Q1. The increase was primarily driven by our
USDT issuer Tether Holdings Limited announced information from an independent attestation about the company’s performance over the preceding quarter. Tether’s assets were evaluated by renowned accounting firm BDO Italia, as of June 30th, 2022.
Tether had previously stated that it would reduce its commercial paper holdings by the
According to a report from local news source Obozrevatel, two of the biggest technology retailers in Ukraine, Techno Їzhak and Stylus, now accept Bitcoin as payment for goods and services.
Whitepay, a payment infrastructure provider, acts as the framework for facilitating transactions between customers and merchants. WhiteBIT is one of
OTR, an acronym for “On the Run,” is South Australia’s leading convenience retailer. And in the spirit of convenience, the chain just announced a partnership to bring Bitcoin and cryptocurrency integration to hundreds of locations.
The partnership is a major step for Australia in bringing Bitcoin and cryptocurrency connectivity
A New York Judge has allowed Celsius Network to mine and sell Bitcoin as a means to get back financial stability. The decision came less than a day after the cryptocurrency lender presented a court filing with projections showing that it will run out of cash by October. The documents
Soneva, a privately held company that helps travelers navigate paperwork for booking in foregin countries, has introduced Bitcoin as a payment option for customers.
Bitcoin payments are acceptable for the following locations: Soneva Fushi, Soneva Jani, Soneva in Aqua in the Maldives, and Soneva Kiri in Thailand.
Soneva also offers
Stronghold Digital Mining (SDIG), a Bitcoin mining company based in the U.S., revealed plans to reduce outstanding debt and restructure its financial operations on August 16th, 2022.
The company intends to release approximately 26,200 of its mining rigs, where 18,700 are currently running, under an agreement with
