Crypto News
‘Flappy Bird’ Relaunches Without Crypto Elements After Divisive Telegram Return
Addictive mobile game Flappy Bird is back... again... but this time without the crypto features of the Telegram version.Source link
Crypto Council Letter Urges SEC to Provide Clarity on Staking
The organization is a collection of more than thirty crypto firms that lobby public institutions for better regulation of the industry. Industry Leaders Call on SEC to Define Rules for Crypto Staking The Crypto Council for Innovation (CCI), an advocacy group for more favorable crypto regulation, submitted a letter to the U.S. Securities and ExchangeSource link
Crypto Rebounds From Early Declines Alongside Reversal in U.S. Stocks
There was a bit of volatility in crypto on Wednesday, but most of the market continued the weeks' trend of trading in a very tight range.Shortly after the close of the U.S. stock market, bitcoin (BTC) was changing hands at $94,700, down just 0.4% over the past 24 hours. BTC was lower by nearly 2% at one point alongside a sizable early decline in stocks.Hit harder during the early decline, altcoins also rebounded, but underperformed bitcoin The CoinDesk 20 slumped 2% in the last 24 hours, with litecoin (LTC), ripple (XRP), avalanche (AVAX) and chainlink (LINK) all dropping roughly 4%.Crypto equities were modestly lower, but bitcoin miner Hut 8 (HUT) was a notable underperformer, falling 5.7%.The major U.S. stock averages...
Galaxy Digital Plans to Offer Shares on Nasdaq Global Select Market
The listing, which will tentatively go live on May 16, could increase Galaxy Digital’s access to capital from U.S. investors. Source link
Visa and Baanx Launch USDC Stablecoin Payment Cards
Cryptocurrency debit card firm Baanx has partnered with Visa to launch stablecoin payment cards tied to self-custodial wallets, starting in the U.S. with Circle’s USDC dollar pegged token, the companies said.The Visa cards enable holders to spend USDC directly from their crypto wallets, using smart contracts to move a stablecoin balance upon card authorization from the consumer to Baanx in real time, with Baanx converting the balance into fiat for payment, according to a press release on Wednesday.Allowing people to manage their money on-chain with the help of major card networks like Visa and Mastercard is a fast growing segment within crypto. Baanx, a firm that specializes in crypto debit cards, is also working with Mastercard on a card linked...