CRYPTOCURRENCY
Cred Claims Uphold Exchange Owes Millions
Uphold denies owing $784 million to the liquidation trust of collapsed crypto investment platform Cred. Crypto lending provider Cred entered Chapter 11 bankruptcy in November 2020. Cred's liquidated trust filed an adversary lawsuit against Uupold and two associates in June. It stated that Uupld promoted CredEarn with Cred co-founders and owed $783.9 million.
Mastercard Launches New Crypto Program for Start-ups
Payment giant Mastercard announced Tuesday to kick off a new program for start-up companies to support the development in cryptocurrency and blockchain industries.
Mastercard Enhances Crypto Wallet and Exchange Business
Payment giant Mastercard announced Tuesday to enhance its function and experiment for cryptocurrency wallets and exchanges to their clients. The card issuer cooperates with multiple crypto enterprises to convert crypto and traditional fiat money more accessible.
Universal Carbon UPCO2: World’s First Carbon Off-Set Token Now Tradable on Uphold Platform
Universal Carbon (UPCO2), the world’s first tradable carbon token is available on Uphold to trade or to offset corporate carbon footprints, each token representing 1 ton of CO2
Crypto Leaders Praise United States SEC Inclusive Accredited Investor Definition, Some Think Its Not Enough
Is the SEC's new accredited investor rule inclusive enough? Crypto industry leaders debate.