• Bank’s stablecoin used for eCommerce
    Alt coins,  Cryptocurrencies

    In world first, bank-issued stablecoin used at online retailer

    Sygnum’s digital Swiss franc was used to buy an iPad from Digital Galaxus, Switzerland’s largest online retailer

    A financial institution focused on digital assets says it has successfully completed the world’s first eCommerce transaction using a bank-issued stablecoin.

  • State of fintech report
    Technology

    CBInsights State of Fintech report reveals some opportunities for crypto companies

    Unprecedented levels of growth in eCommerce could be an opportunity for crypto-focused companies to reduce friction in digital payments

    The State of Fintech Q2 2020 report, produced by CBInsights, estimates that eCommerce could represent 27% of U.S. retail sales in 2020—two-thirds higher than in 2019. According to the report’s authors, reducing friction in payments will be crucial as levels of online spending remain heightened.

  • Shopify helps Facebook’s Libra frontman David Marcus
    Alt coins,  Regulation

    Shopify joins Libra, providing badly needed win

    The Libra Association’s long losing streak came to an end today as the global e-commerce firm Shopify announced its membership in the stablecoin project

    After a long, painful string of defections, the Libra Association finally has some good news to announce. A new member, retail e-commerce site Shopify, made the $25 million commitment to join on Feb. 21.

  • Milo Yiannopoulos appears at LeWeb'13 Conference @ Methodist Central Hall, Westminster in London on June 5, 2013 (via Wiki Commons).
    Opinion

    Opinion: On Milo Yiannopoulos getting kicked off of Coinbase 3 minutes after joining

    Uses racial slur to defend himself because Milo

    Alt-right clown Milo Yiannopoulos got kicked off of crypto trading platform Coinbase in just three minutes—a record no doubt. He had previously been banned from funding site Patreon after just one day. Unlike a digital crypto wallet, the U.S.-based exchange follows a strict KYC (know-your-customer) protocol that involves submitting proof of ID to get your Coinbase Pro account working. So while Bitcoin is free and open, Milo’s ability to link it to a U.S. bank account is not.