Visa has partnerships with 60 crypto platforms worldwide
Visa, the worldwide digital payments service provider, has partnered with 60 major crypto platforms to launch card programs that make it easy for consumers to convert and spend digital currency at 80 million merchant locations worldwide.
Bank of Russia to allow crypto investment via foreign firms
Russians can only invest in cryptocurrencies through foreign companies, said Vice-Governor Vladimir Chistyukhin.
The official stated that the Russian government was working to create clearer regulations for the crypto industry and promised that local authorities would consider legal initiatives related to the issue.
NFT gaming generated $2.32B in Q3
According to a report released by the BGA, blockchain gaming continues to dominate the NFT space with a share of roughly 22% of all NFT trading volume, and accumulated $2.32 billion in revenue in the third quarter of 2021.
The report showed that virtual land sales reached $42.6 million while the total market capitalization for virtual world decentralized apps reached an all-time high of $4.6 billion at the end of November.
Deutsche Telekom’s T-Systems MMS taps Polkadot, buys DOT tokens
T-Systems MMS will be running numerous private as well public validators for the Polkadot network. T-Systems MMS has also acquired DOT tokens, and supports interoperability between decentralized blockchain networks.
The company intends to develop its own applications on the Polkadot blockchain programming framework Substrate, enabling devs to build and release a blockchain with various features for different projects’ needs.
Top 03 gainers – GameFi Category on ONUS
Following a slight recovery in the general market over the last 24 hours, the GameFi portfolio has shown many positive signals.
Radio Caca (RACA) is currently the top gainer in this category, with a strong increase of more than 31% and a surge in interest from the ONUS community, followed by VRA and ALICE tokens, which have seen a steady increase of about 10%.
Stablecoin supply grew by 388% in 2021
According to the statistics of The block, the complete capitalization of stablecoins went from virtually $30 billion in early 2021 to far more than $150 billion at press time.
In which, Tether (USDT) continues to be the dominant stablecoin with a 270% capitalization boost, from $22 billion to $81.5 billion. USDC’s capitalization greater tenfold, from $4.2 billion to $42 billion.
SHIB spikes 10% as whale buys 4 trillion SHIB
According to Whale Stats, SHIBA INU ranks as the most traded and biggest hodling token among the top 1,000 ETH wallets. An Ethereum whale added four trillion SHIB tokens worth nearly $136 million in the past 24 hours.
SHIBA INU has witnessed a growth of 10.02% in the past 24 hours. The meme coin is currently trading at $0.0000324 with a trading volume of approximately $2 billion.
Dubai World Trade Center becomes crypto zone and regulator
Dubai authorities have declared that the Dubai World Trade Center (DWTC) will soon become a comprehensive zone and regulator for digital assets.
DWTC will collaborate with the private sector and relevant entities in Dubai to enforce rigorous standards for investor protection, Anti Money Laundering (AML), Combating the Financing of Terrorism (CFT) compliance and cross border deal flow tracing.
Ethereum launches Kintsugi testnet to prepare for merge
Ethereum Foundation member Tim Beiko posted today that the Kintsugi testnet is now live. Kintsugi helps prepare for Ethereum 2.0’s “merge.”
The merge will combine Ethereum’s current mainnet, which handles transactions, with Ethereum 2.0’s beacon chain, which handles staking. If successful, this will replace Ethereum’s Proof-of-Work consensus mechanism with Proof-of-Stake, effectively ending the energy-intensive process of mining.
BitGo supports Avalanche as institutional interest in it grows
Cryptocurrency custody firm BitGo has revealed it will support the native token of the Avalanche network, AVAX, as institutional interest in it keeps on growing. The move will allow BitGo clients including exchange Bitstamp and Bitbuy to offer AVAX to their users.