Visa was very much anti-cryptocurrencies, but like many companies have started to embrace cryptocurrencies in their ecosystem. Visa will be using Ethereum blockchain to settle its transactions in USDC, a stable coin backed by US dollar.
Over the past decade, cryptocurrency trading has become a popular activity for millions of people. The increasing popularity of cryptocurrencies worldwide has not bypassed Nigeria. Investors, whether individuals or corporate, that want to make money in a short period of time, rush to various cryptocurrencies available in the market.
Chain Bridge developers allow you to transfer assets that let you gain DeFi capability on Ethereum Classic. This means all Ethereum decentralized exchanges like Uniswap and 1inch exchange allow you to swap Ethereum Classic in form of WETC with any other supported ERC20 token or even Ethereum.
More and more companies have started adding cryptocurrencies to their company’s balance sheet or as treasury reserve asset. The latest one to add is Meitu which has just announced they have purchased 40 million worth of cryptocurrencies including 380 bitcoin and whopping 15000 ethereum.
Bitfinex cryptocurrency exchange handles the stablecoin USDT that is pegged to UD dollar. It has made an announcement that it has reached settlement with New York State Attorney after 2.5 years and 2.5 million pages of documents that were shared with them.
Apple Pay has added support for Bitcoin payments using BitPay. While many are not a fan of Bitpay, Apple approving Bitcoin in any form is neat. This is because Apple used to ban and remove bitcoin wallets years ago, so this shift is newsworthy.