fold
Visa Partners with Fold to Offer Bitcoin Rewards Credit Card
Visa, a prominent payment provider, has joined hands with Fold, a San Francisco-based Bitcoin cashback app, to offer a credit card that will enable consumers to gain Bitcoin rewards as compared to earning points. Through the strategic collaboration, users will have first-hand experience with the most-valuable cryptocurrency.
Bored Ape Yacht Club Creators Launch Bitcoin NFT Collection
Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC), have launched a new collection of 300 tokenized computer-generated artworks on Bitcoin called TwelveFold. The collection is based on mathematics, time, and the Bitcoin blockchain. The announcement comes amidst falling search interest for NFTs, however, trading volume data for February indicates the market is still strong. In other news, the Golden Key NFT, won by Twitch streamer Mongraal in a Dookey Dash competition hosted by Yuga Labs, has been sold for 1,000 Ether to BAYC NFT hodler Adam Weitsman. Polygon Foundation has partnered with Lotte Group to host the conglomerate's NFT projects on its Ethereum layer 2 scaling network Polygon, and intends to develop its Web3 initiatives in partnership with Polygon. Finally, a group of Japanese tech companies have agreed to forward the creation of the Japan Metaverse Economic Zone and an open metaverse infrastructure called "Ryugukoku."
Yuga Labs Launches TwelveFold: Bitcoin Based Generative Art
Yuga Labs has launched TwelveFold, a 300-piece generative art collection on the Bitcoin blockchain. The project uses the Ordinal Theory protocol to locate inscribed satoshis, with participants submitting puzzle answers through various wallets. The technology, "inscribing," is a significant step in NFT evolution.
Friend.tech Users Lose $385K in Ether to SIM-Swap Scammer
A scammer has reportedly stolen approximately $385,000 (234 ETH) within 24 hours by SIM-swapping four Friend.tech users. The incident follows a series of SIM-swap and phishing attacks on the platform, putting its security measures under scrutiny. Blockchain analyst ZachXBT revealed the scam on October 5, 2023, adding to concerns about the vulnerability of Friend.tech's user accounts.
THETA Sets New All-Time High as Theta Mainnet 3.0 Launch Anticipated for April
The price of THETA has increased ten-fold in the past three months and has risen by over 200% since March. The strong driving force behind this comes from the anticipation of Theta Mainnet 3.0's launch in April.
China’s Cryptography Law Piques Local Interest and Stirs Global Market Reaction
The recent passing of China's Cryptography Law, which will come into effect in 2020, has peaked local interest as searches for blockchain on WeChat surged ten-fold.
Bitcoin Adoption in Africa Sees Massive Surge as P2P Volumes Hit All-Time Highs
Crypto analyst Kevin Rooke has revealed that Bitcoin is having a field day as peer to peer (P2P) volumes are hitting all-time highs (ATHs) as a 2.5-fold surge has been experienced since March. Some of the African nations leading the pack include Kenya, South Africa, Nigeria, and Ghana, as the Bitcoin being traded weekly has exceeded $1 million.
American Football Star Russell Okung Shows Massive Support for Visa-Backed Bitcoin Rewards Card
Russel Okung, a National Football League (NFL) star, has shown his support for Fold’s Bitcoin cash-back rewards card as it will take Bitcoin adoption to unprecedented heights. Speaking to Forbes, Okung revealed that he has invested in the Fold Visa card project as it is a game-changer by presenting people with a unique way of being part of the Bitcoin economy.
What To Expect as $6B Worth of Bitcoin Options Are Set to Expire This Friday
As the market is getting ready for the expiry of $6 billion worth of Bitcoin options this Friday, expectations abound as to what to expect of the BTC price.
Justin Sun Finally Got His Long-Awaited $4.57 Million Dinner with Warren Buffett
Founder of TRON, cryptocurrency entrepreneur Justin Sun had his long-awaited $4.57 million charity auctioned meal with Warren Buffett. Here's what happened.
$1.5 Billion of BTC Locked Up In Ethereum
Bitcoin maxis are turning to the dark side as the value proposition of DeFi sees record levels of Bitcoin on Ethereum.
Bitcoin Network Transacts a Whopping $8.9 Billion in a Single Hour
The Bitcoin network has reached an unprecedented level in terms of chain volume as it transacted 8.9 billion in one hour. Rafael Schultze-Kraft, Glassnode’s co-founder, ascertained that this movement made history because it was the highest hourly volume of Bitcoin to be recorded in its 11-year existence.
60% of Ethereum Supply Has Been at a Standstill for More Than a Year—What's Next for ETH?
Ethereum's circulating supply has been limited because 60% of it has remained stagnant for more than a year, according to EthHub co-founder Antony Sassano.
Chainlink Flippens Bitcoin Cash by Market Cap, DeFi Push May Take LINK Price Even Higher
Despite a slight correction seen in the last few days, Chainlink (LINK) has continued to rally higher, reaching another new all-time-high, almost reaching $17.
Kenya’s Bitcoin Trading Volumes Hit $45.95 Million in 2020, Second Highest in Africa
Kenya’s Bitcoin (BTC) trading volumes skyrocketed by 472 percent in 2020 to stand at $45.95 million (Ksh 5.1 billion).