Bakkt Holdings, a digital asset marketplace known for its Bakkt app, will be working with Wyndham Hotels & Resorts’ loyalty program, Wyndham Rewards, in order to let users redeem resort points within the Bakkt app, according to a press release. The Bakkt platform allows users...
Telecommunications provider GoldConnect, which works in the Latin America and Caribbean regions, will now be accepting cryptocurrency payments, according to a press release. The payments will be accepted through a partnership the company has with BitPay, the release stated. GoldConnect hopes to entice new customers...
South Korea has rolled out a set of new restrictions on cryptocurrency exchanges, Crypto Briefing reported. The Financial Services Commission (FSC) announced Sunday (June 13) that it would begin forcing banks to classify crypto clients as “high-risk,” the report stated. Those clients will also be...
Tesla CEO Elon Musk has reversed course, saying the company will now accept cryptocurrency as payment, CNBC reported. “When there’s confirmation of reasonable (about 50 percent) clean energy usage by miners with positive future trend, Tesla will resume allowing bitcoin transactions,” Musk tweeted. In February,...
Will Twitter integrate the bitcoin layer 2 payments protocol Lightning Network? CEO and Founder Jack Dorsey seemed to indicate as much on the social media platform this week, CoinDesk reported on Friday (June 11). Soon after Dorsey tweeted his appreciation for Sphinx Chat, a messaging...
Deborah Bussière has been appointed to serve as the inaugural chief marketing officer (CMO) of Grayscale Investments LLC, The Wall Street Journal reported on Thursday (June 10). Bussière worked as the global chief marketing officer at Broadridge Financial Solutions Inc. in the past. Grayscale had $53...
The Chinese police have arrested about 1,100 people on money laundering charges, CoinDesk reported, adding those arrested were allegedly using crypto to evade the law. China has been undergoing a national crackdown on money laundering activities related to telecom fraud, which has been dubbed “Operation...
Amazon is on the hunt for those with expertise in decentralized finance (DeFi), CoinDesk reported. “The candidate will have a track record delivering outstanding products at scale in emerging spaces, and is passionate about blockchain, distributed systems, and cloud scale software,” the ad stated. “Ideally...
Blood, Sweat and Tears had it right: What goes up, must come down. Bitcoin’s slide, ongoing as of this writing, must have stalwarts wistful, as the 800-pound gorilla in cryptos is down about 14 percent in just the last week alone. At its recent $32,000+,...