Crypto adoption scores another win with the Ivy League University of Pennsylvania, but there’s a catch. The Wharton School, one of the premier business schools in the United States, will accept Bitcoin (BTC) and other forms of cryptocurrencies for tuition fees, Bloomberg reports. However, the adoption is limited to its new online blockchain and digital assets program scheduled to start in January. Titled Economics of Blockchain and Digital Assets, the six-week program costs $3,800, and the university expects to attract thousands of students each year. The Wharton School will use Coinbase Commerce, the e-commerce platform of the United States-based crypto …

The number of Litecoin (LTC) transactions has rebounded to over 140,000 in recent days after falling close to the 100,000 mark in early October. Three days prior, the Litecoin Foundation tweeted about the launch of its LTC Visa Debit card, powered by fintech firm Unbanked. According to the card's homepage, potential customers would first register for a Litecoin Card account, deposit LTC into a specific wallet address, pass a know-your-customer check, and receive a virtual Litecoin Card. The service claims that the sign-up process takes less than five minutes. The Litecoin card is meant to enable users to spend their …

Back in September, Twitter became the first major social media platform to adopt Bitcoin (BTC) tipping, enabling users to send BTC directly to their favorite content creators through the site’s native frontend. The company also allowed users to send their BTC over the Bitcoin Lightning Network to ensure near-instant settlement times. In response to an analyst's question regarding how cryptocurrencies play into the company's overall global strategy, Dorsey said the following during the company’s third-quarter earnings call on Oct. 26: “It [Bitcoin tipping] allows for much more speed. Both tipping subscriptions are new. These are products that we want to …

The stablecoin market has grown exponentially over the last few months due to the numerous advantages blockchain-based versions of fiat currencies have. But, when Facebook launched its cryptocurrency wallet Novi using Paxos’ stablecoin, some United States senators were quick to oppose it. Are they concerned about user data or monetary sovereignty? The social media giant which, according to its Q2 2021 report, has 2.9 billion monthly active users across all of its platforms, tapped Coinbase and Paxos for its Novi digital wallet project that kicked off its testing phase in the U.S. and Guatemala on Oct. 19. The pilot program …

Tether Operations Limited, the firm operating the Tether (USDT)-centric platform tether.to, announced today that it will use Notabene, an end-to-end solution for cryptocurrency Travel Rule compliance. Tether will begin testing Notabene's cross-border transaction monitoring system for virtual asset service providers (VASPs) to combat financial crimes such as money laundering. Notabene is a new technology for monitoring cryptocurrency transactions in real-time, making the blockchain more transparent and allowing regulators to keep better track of cash flow. The Know Your Customer infrastructure stack at the firm is built to span jurisdictions with little or no regulation of financial services. In order to …

The Stellar Development Foundation (SDF) has announced that it will facilitate a new remittance channel between Europe and Africa using the USD Coin (USDC) stablecoin. On Oct. 25, the SDF announced that global payments technology company Flutterwave will use the USD Coin (USDC) stablecoin on the Stellar network to simplify remittances between Africa and Europe. Flutterwave will work alongside Stellar’s principal EU payments partner, Paris-based money transfer operator, Tempo Payments. Olugbenga Agboola, CEO at Flutterwave, commented that it is more expensive to send money to sub-Saharan Africa than to any other region in the world. He added that the new …

The share price of the Intercontinental Exchange-backed crypto services company Bakkt ($BKKT) has surged as it unveiled two partnerships with major global payments firms. On Monday 25 Oct., Mastercard announced it would be working with digital asset platform Bakkt to allow its customers based in the United States to buy, sell and hold digital assets through custodial wallets. On the same day, global payment provider Fiserv also announced a strategic collaboration with Bakkt to offer merchant-facing digital asset services. The news drove a bullish day of trading for BKKT, with the stock rallying by more than 50% outside of regular …

Cryptocurrency-to-fiat infrastructure provider XanPool continues expanding operations in the Asia-Pacific region by securing fresh funding. The Hong Kong-based startup raised $27 million in a Series A funding round led by Valar Ventures, a venture capital firm co-founded by PayPal co-creator Peter Thiel. Other participating investors included crypto-focused venture capital firm CMT Digital alongside angel investors such as TransferWise co-founder Taavet Hinrikus, XanPool announced Friday. Running operations in 13 countries across the Asia-Pacific region, XanPool is looking to further consolidate its presence with new funding. Jeffery Liu, CEO of XanPool, told Cointelegraph that the startup operates in countries like India, Hong …

American multinational entertainment giant AMC is getting very excited about blockchain technology, and the company’s CEO is publicly mulling the issuance of its own cryptocurrency. During an interview with CNBC on Wednesday, AMC CEO Adam Aron discussed the firm’s crypto ambitions. There were no solid details, but the company boss did make some revealing comments. “We’ve made a lot of noise in the last few months about getting hyperactive in cryptocurrency.” He then canvassed the possibility of AMC issuing its own coin, stating, “There are a lot of reasons why AMC could be a successful issuer of cryptocurrency as well …

The sad reality is that a lot of fake news, scam messages and other fraudulent and defamatory materials are circulating the web, making it difficult for investors to know what information is legitimate and who they can trust. While trading can be fun and exciting, it can also lead to emotional or financial stress, especially when many dishonest parties manipulate the market. Although bad people will always exist, traders can exercise caution by leveraging the principles of responsible trading. Responsible trading requires investors to execute control over their trades, knowing when they are in a suitable position to take on …

As a result of El Salvador’s mainstream Bitcoin (BTC) adoption, Volaris El Salvador, a local subsidiary of budget Mexican airline Volaris, will accept Bitcoin as payment. The Bitcoin move comes a month after Salvadoran aviation authorities gave Volaris’ local subsidiary permission to operate in the country. Salvadoran President Nayib Bukele took to Twitter to announce that the airline would accept Bitcoin. Ya tenemos aerolínea salvadoreña, de bajo costo y que acepta #Bitcoin @viajaVolaris pic.twitter.com/mMqzxtOYhA — Nayib Bukele (@nayibbukele) October 20, 2021 In a recent Volaris event hosted on Twitter, President Bukele highlighted that the ability to pay with Bitcoin and …

Ethereum is an open-source blockchain-based software platform with thousands of decentralized applications (DApps) that powers its native cryptocurrency, Ether (ETH), that can be sent and received globally without any third-party interference. First conceptualized in 2013 by Russian-Canadian programmer Vitalik Buterin, Ethereum was designed as a platform for self-executing, permanent and immutable DApps with use cases varying from finance to gaming and art. DApps are often referred to as smart contracts which are Ethereum transaction protocols that automatically carry out certain functions and actions like transaction processing with predetermined conditions and agreements. Sending a transaction, canceling it, or resolving a pending …