U.S. fast food chain Shake Shack offers Bitcoin cashback
According to a recent report on The Wall Street Journal, the U.S. food chain giant Shake Shack has teamed up with Block Inc’s Cash App to offer Bitcoin as a reward for purchases that are made at their burger chain.
Users will be able to receive 15% of their purchase back in the form of BTC on any Shake Shack purchase that they make with a Cash Card.
Central Bank of Brazil cooperates with many companies to develop its own digital currency
According to The Block, the Central Bank of Brazil is working with decentralized cryptocurrency lending platform Aave and other 8 companies to develop its own digital currency.
An implementation phase for the selected projects will begin on March 28 and last until July 27.
Ethereum whale buys 442 billion SHIBA INU
According to tracking service WhaleStats, an Ethereum whale has invested $11.9 million to buy 442.6 billion tokens of the meme-inspired cryptocurrency SHIBA INU in a single transaction.
That wallet currently has $47 million worth of the meme-inspired cryptocurrency, making SHIB its largest bet on-chain.
BTC falls below $39,000.
In the last 24 hours, the price of Bitcoin has plummeted dramatically. Specifically, at 8 a.m. on March 5, BTC fell 8.7% to $38,777, according to CoinMarketCap data.
Other altcoins have also dropped in value, bringing the total market capitalization down by 6.8% to $1,750 billion USD.
Whales grab $1.2 million in LINK, $1.05 million in MATIC on the Dip
According to data provided by the WhaleStats platform, two large crypto investors, who keep most of their funds in Ethereum, have added more crypto to their digital riches: LINK and MATIC.
The first investor purchased 659,765 MATIC worth $1,055,624. The second investor bought the equivalent of $1,247,893 in Chainlink: 84,431 LINK tokens.
Top 5 Trending Assets
BCOIN is currently leading the Top Trending on the ONUS app after experiencing continuous growth in recent days. BCOIN has received 196.25k views in just 24 hours. That is, two people learn about BCOIN on the ONUS app every second.
ITAMCUBE came in second with 105.8k views, followed by BTC, SPG, and CELO – assets that are frequently discussed on ONUS communities.
Dogecoin Foundation registers name and logos as trademarked within in the EU
The Dogecoin Foundation announced on Mar.3 that it had registered “Doge,” “Dogecoin” and its associated logos as trademarks in the European Union. The certificate displayed in the tweet was dated Jan. 13, 2022.
The foundation took action to prevent “attempts by people completely unaffiliated with Dogecoin to register” the names for reasons of fraud and extortion.
Swiss City of Lugano to make Bitcoin and Tether legal tender
Aiming to become Europe’s Bitcoin capital, Lugano, Switzerland, has formed a partnership with stablecoin issuer Tether to establish Bitcoin, Tether and Lugano’s own LVGA Points token as essentially legal tender in the city.
Citizens will be able to use Bitcoin, Tether, and LVGA to pay for taxes, goods, and services.
Cardano whales go on ADA buying spree
According to data from on-chain analytics firm Santiment, Cardano addresses holding between 100,000 and 1 million ADA have bought over 16 million tokens in only 24 hours.
According to CryptoCompare’s latest Asset Report, the number of addresses holding ADA also went up sharply, to hit a new 4.53 million all-time high last month.
The Sandbox Metaverse hits 2M users, begins K-Pop partnership
On March 2, The Sandbox announced a partnership with Cube Entertainment, one of South Korea’s leading multinational entertainment corporations, to develop tokenized assets for the game featuring Korean culture such as K-Pop.
The Sandbox metaverse game owned by NFT investment giant Animoca Brands has surpassed 2 million registered users amid its play-to-earn season 2 alpha launch.