Visa Survey reveals crypto payments could skyrocket In 2022
Visa Inc, the world’s largest payment firm, has polled 2,250 small companies in nine countries to see if they plan to accept cryptocurrency payments. According to Reuters, Visa expects numerous retail enterprises to join the cryptocurrency boom this year. The payment business has long been active in the cryptocurrency market and sees widespread acceptance as […]
Bank of America predicts Solana could become the Visa of Cryptocurrency
A Bank of America digital asset strategist said on January 11 that Ethereum competitor Solana may become the “Visa of the digital asset ecosystem.” Since its inception in 2020, the Solana network has evolved to become the sixth biggest cryptocurrency, with a market valuation of $47 billion. It has been used to settle over 50 […]
Facebook’s Meta to hire staffs of its competitors to build the metaverse
With Meta’s ambition to establish the metaverse well underway, the Wall Street Journal reports that Meta has started recruiting personnel from Microsoft and Apple. Microsoft employees are being poached by Meta According to the article, Microsoft’s augmented reality unit lost roughly 100 people to Meta , according to a former employee. He went on to […]
Binance founder reveals the best approach to combat rising inflation rates
Changpeng CZ Zhao, the founder of Binance and a crypto millionaire, has recommended crypto as a means to combat inflation. Michael Saylor, a fellow billionaire, stepped in to say that Bitcoin is the ideal inflation hedge. Billionaires propose ways to fight crypto inflation In a tweet, the crypto millionaire said that inflation was an insurmountable […]
Singapore to venture into cryptos, NFTs and Metaverse with caution
One Singaporean Minister says, the government is “closely studying” NFTs and Metaverse, while another official has cautioned the public over crypto investment scams. In a written reply to a question from a parliament member, the Minister for Communications and Information S Iswaran said the government is tapping these “early-stage” technologies’ characteristics and risks. “The Government […]