CRYPTO NEWS: Latest BITCOIN News, HASHCASH News, ETORO News, TEZOS News
Mastercard Accelerates Cryptocurrency Program For Cryptocurrency Issuers
Mastercard announced the expansion of its cryptocurrency program, inviting cryptocurrency firms to join their acceleration program.
The partnership makes it easier and faster for the parties involved to bring safe and appropriate payment cards to market.
Wirex became the first proprietary cryptocurrency platform to receive a Mastercard core membership, allowing it to issue payment cards directly. It makes it easier for people to buy, store and exchange multiple traditional and cryptocurrencies. Users will also benefit from Wirex’s CryptobackTM Rewards Program, which automatically refunds customers up to 1.5% in Bitcoin for every purchase made in the store.
The company plans to launch a new generation of Wirex cards this year for customers in Europe with features that include additional currencies and free international ATM withdrawals. Wirex also plans to start issuing corporate cards for Wirex Business customers.
Crypto trading platform AlgoTrader integrates liquidity from Enigma Securities
Enigma Securities, a crypto liquidity provider specializing in electronic execution services, is announcing a new partnership with algorithmic trading company AlgoTrader.
Enigma will also join the recently launched AlgoTrader WIRESWARM platform, an advanced order and execution management platform that allows financial institutions to trade on multiple regulated cryptocurrency exchanges.
“We are proud to partner with Enigma Securities, the best-in-class OTC brokerage service for the spot and derivatives markets. The partnership gives financial institutions such as banks and brokers a convenient and cost-effective way to offer their clients crypto and digital asset trading. With the addition of Enigma, we have added another leading institutional liquidity provider to our growing list of trading and execution venues, ”concludes Andy Fleury, CEO and Founder of AlgoTrader.
Google, Facebook, Twitter face class action to ban crypto ads
The cryptocurrency business is suing Google, Facebook and Twitter in a class action lawsuit that could cost the social media giant $ 300 billion. Plaintiffs allege that their companies have suffered because Google, Facebook, and Twitter have banned crypto ads on their platforms.
Lawsuit on Google, Facebook and Twitter
PayPal Taps Paxos for Offering Crypto Services:
PayPal, one of the world’s largest payment giants, has partnered with Paxos to facilitate the supply of digital currencies for its future crypto services.
PayPal and Paxos partnership
EToro experienced a drop in growth for every Crypto, but Tezos in the second quarter
According to the latest report from the brokerage company, eToro users upped their stake on every cryptocurrency in Q2 2020, with the exception of Tezos.
In the second quarter of 2020, eToro saw a decline in investor interest in all cryptocurrencies except Tezos.
While Tezos saw a small increase in the number of eToro users investing in the last quarter – just 2.53% d relative to all other cryptocurrencies, with a double-digit decline in most cases. Tezos’ exceptional performance can be attributed to its low base in the first quarter.
Fall of EToro for Crypto
Bitcoin’s status as crypto king is coming to an end, predicts Nikita Zhavoronkov from Blockchair
Nikita Zhavoronkov, chief executive officer of Blockchair blockchain researcher, predicts that Bitcoin may lose its status as a major crypto asset.
VALR, one of the largest crypto exchanges in South Africa by trading volume, received 57 million rand in a recently closed Series A funding round.
A round of 100x Ventures, the investment arm of the newly formed parent company BitMEX, a member of the 100x group, and the venture capital of 4Di Capital in South Africa, were announced on Tuesday. The exchange’s existing investors, including Bittrex and Michael Jordaan, former CEO of FirstRand First National Bank, also provided support in the latest round of funding.
The crypto exchange details that the new revenues will be used to create new products and services, expand into new territories, and continue to build a team of professionals, especially in technology, regulation and compliance, and customer service areas.
HashCash Launches Crypto Exchange Algo Trading, Revolutionizing The Trading Bot ExperienceHashCash Consultants, a global blockchain and IT services company, has announced the launch of Crypto Exchange Algo Trading, bringing a new dimension of crypto trading to its global users.