adults say they’re likely to make a purchase using crypto, according to a recent report by, a news and research platform for payments and commerce. Nevertheless, people are interested in how crypto might work as a payment method. Plus, many companies experimenting with crypto payments only accept Bitcoin, which experts say is one of the worst cryptos you could choose to pay for something. While there are a few circumstances where it can make sense, the practical answer for most people is no.Ĭryptocurrency markets are notoriously volatile, and the price you pay for an item today may not be what your purchase is worth tomorrow. “I wouldn’t,” says Kiana Danial, author of “ Cryptocurrency Investing for Dummies” and the personality behind Investdiva on Instagram. You can buy more things than ever with cryptocurrency these days, from video games to new furniture. For more information, see How We Make Money. Some links on this page - clearly marked - may take you to a partner website and may result in us earning a referral commission. We encourage you to do your own research before investing.We want to help you make more informed decisions. This is the first time that the Ronin Bridge has resumed operation since March 29, when Axie announced that it had been hacked.ĭISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. On June 28, Play-to-Earn game project Axie Infinity announced that it has reopened Ronin Bridge, a cross-chain bridge platform that connects Ronin sidechains with Ethereum. Axie Infinity Officially Reopens The Ronin Bridge.
The company also allocated treasury funds to bitcoin at the time. The functionality was first disclosed by the Warren Buffett-backed fintech in May via a blog post, which also noted that it will be implemented slowly. The 53.9 million users of Nubank, the biggest digital bank in Brazil, can now purchase bitcoin. Customers of Brazil’s Largest Digital Bank May Now Purchase Bitcoin Using The Bank’s Mobile App.The partnership is part of Circle’s efforts to bring underrepresented financial institutions into the cryptocurrency market and allocate a portion of its reserves to minority-owned depository institutions (MDI). In addition, the two companies will also work on low-cost financial solutions for underserved and unbanked communities.
New York Community Bank (NYCB), a New York-based community bank with branches in New Jersey, Florida, and Ohio, will act as custodians for some project assets collateral storage behind the stablecoin USD (USDC) of Circle.