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Twitter Co-founder Dorsey Leads $6M Investment in Azteco, Boosting Bitcoin Voucher Service

  TL:DR Jack Dorsey, Twitter co-founder and Block CEO, leads a $6 million funding round for Azteco, a provider of bitcoin vouchers, showcasing his commitment to advancing the cryptocurrency landscape. Azteco offers a user-friendly voucher system that simplifies the process of purchasing and redeeming bitcoin, aiming to address the global banking access disparity and empower […]

Blur’s Airdrop Drives Surge in NFT Trading, Impacts Market Dynamics

TL:DR New Data New data reveals that while NFT activity is gradually recovering from the crypto winter, it remains below the robust levels witnessed in 2021 and 2022. In the first quarter of 2023, there was a notable surge in trading volume followed by a subsequent decline. However, despite the decline, the current state of […]

Revolut Faces Banking License Setback, Crypto Offerings Unaffected

TL:DR Revolut faces a significant setback as the Bank of England is likely to reject its application for a banking license due to concerns about internal IT systems, balance sheet issues and qualified audit opinions on overdue accounts. The denial of the banking license will mainly affect Revolut’s ability to offer mortgages and loans in […]

Digital Hong Kong Dollar Trial Paves the Way for Web3 Hub Ambitions

TL:DR The Hong Kong Monetary Authority (HKMA) initiates a trial run for a digital version of the local currency, e-HKD, signaling Hong Kong’s embrace of digital transformation and aspirations to become a Web3 hub. The trial involves 16 selected banks and payment companies, exploring six potential use cases for the digital asset, including online and […]

MicroStrategy’s Quest for Software Innovation on Bitcoin

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