bitpay

–> Happy Wednesday! In today’s Daily, U.S. spot Ethereum ETFs see over $100 million in net inflows on their first day, Bitstamp will begin distributing Mt. Gox funds to creditors on Thursday, privacy tech firm Proton unveils a bitcoin wallet and more. Let’s get started. U.S. spot Ethereum ETFs net …

Ferrari, the famous Italian supercar company, will now accept cryptocurrency payments in Europe. This move follows their earlier decision to allow crypto payments at their US dealerships starting in October 2023. This change shows that big brands are increasingly accepting digital currencies, and it is believed that soon Elon Musk’s …

Ferrari will extend its digital assets payment scheme for luxury sports cars to its European dealer network at the end of this month, according to Reuters. This follows its initial launch in the United States last year, with the company planning to further expand the scheme to other dealers within …

–> Luxury sports car giant Ferrari is set to expand crypto payment options to its European dealer network this month following its U.S. launch. The Italian firm will also extend the scheme to other dealers in its international network within countries where cryptocurrencies can be legally accepted, Reuters reported on …

Ferrari wants “to support dealers in better addressing the evolving needs of its clients.” Despite crypto’s popularity as an investment tool, it remains relatively rare for major companies to accept it as a means of payment. BitPay Co-Founder on Launching Bitcoin Lightning Network Payment Services What OnlyFans Stopping Sex Acts …

We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports In a move signaling the growing acceptance of cryptocurrencies in the political sphere, Republican Senator Marsha …

Crypto payments infrastructure company MoonPay cut 10% of its workforce due to its high cost structure and below-expected operating margins. “Today we are implementing a series of role eliminations, role relocations, and structural changes which impact about 10% of our staff,” MoonPay co-founder and CEO Ivan Soto-Wright wrote to employees …

Mastercard launched Mastercard Crypto Credential on May 29, enabling users to send and receive crypto using simplified aliases instead of complex blockchain addresses, according to a press release. Mastercard Crypto Credential verifies interactions among consumers and businesses on blockchain networks, ensuring users meet verification standards and confirming the recipient’s wallet …

–> The web3 fintech firm MoonPay and the crypto payments platform BitPay have partnered to facilitate easier crypto transactions.  According to a social media post from MoonPay, the partnerships aim to make selling crypto faster and easier and streamline how users send crypto to their bank account or debit card.  …

The crypto community erupted into panic over the weekend amid incorrect reports that the EU was banning anonymous crypto wallets and self-custodial payments. The reports seemingly misinterpreted comments from Patrick Breyer, a member of the European Parliament, on Thursday, confirming its economic and monetary policy committee’s approval of the new …