Crypto Lender Celsius Makes It Easier to Borrow Bitcoin-backed Loans – Decrypt

In brief

Celsius Network, a crypto storage and finance app, has lowered the minimum loan threshold to $500.
Celsius Network offers crypto-backed loans to customers at annual interest rates starting at 1%.
Celsius Network has grown from 90,000 customers in April to more than 200,000 today.

Read more

Wirex Sets US Launch Date for Mastercard Crypto Debit Card – Decrypt

In brief

Wirex is the first crypto-native partner for Mastercard.
The company claims it has signed up more than 10,000 customers within hours of opening its waitlist for the new crypto debit card today.
Wirex plans to begin UK distribution in November, and the US soon after.

Read more

Bahama Central Bank Launches Milestone Digital Currency – BeInCrypto

The Central Bank of the Bahamas has officially launched a national digital currency.

Minted by the country’s monetary authority, the launch of the Caribean island nation’s new central bank digital currency (CBDC) was announced via Twitter on Tuesday.

Read more

Ethereum Value Transactions Now Outstrip Bitcoin Two-to-One

Massive spikes in stablecoin and decentralized finance (DeFi) transactions have seen Ethereum (ETH) overtake Bitcoin (BTC) in total value transaction volume.

The Ethereum network has also suffered multiple network congestions owing to this uptick.

Read more

Bitcoin Flies as PayPal Boards the Crypto Express – BeInCrypto

PayPal has announced that its customers will soon be able to carry out crypto transactions with its 26 million merchants.

In a statement released on Oct 21, the payments giant revealed that it will enable crypto payments on its network in early 2021.

Read more

Rapper Akon Partners With Social Crypto Platform Roll – Decrypt

Rapper and crypto entrepreneur Akon today announced a partnership with social money platform Roll.
His entourage will provide support to the African influencers who create their own cryptocurrencies on Roll; new creators can also choose to donate some of their earnings to Akon’s business ventures.

Read more

Mode Adds Bitcoin to Reserves, Joining Microstrategy and Square

A UK-based fintech firm has just announced a large purchase of bitcoin using its cash reserves. Mode Global Holdings, an already bitcoin-friendly financial company, has become the first UK publicly traded firm to allocate part of its reserves to the cryptocurrency.

Read more

PayPal Enables Its U.S. Users to Buy, Sell and Hold Bitcoin | Crypto Briefing

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website.

Read more