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Mastercard Partners With Paxos to Simplify Payments Card Offerings for Cryptocurrency Firms

Mastercard’s Raj Dhamodharan and Paxos’ Walter Hessert discuss their partnership enabling more banks and crypto companies to offer card programs, helping crypto holders spend their digital assets anywhere Mastercard is accepted.

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Upbit Submits Compliance Report, China’s E-CNY Trials Broaden

South Korea’s Upbit first to submit a compliance report to the Financial Intelligence Unit. Crypto market on a roll as Bitcoin breaks US$50,000 mark, and China’s e-CNY trials continue to broaden. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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This United Nations-Associated NFT Project Is Helping Fight Climate Change

Proof-of-stake non-fungible token (NFT) platform Unique Network has been selected by the United Nations’ accredited organization International Association for the Advancement of Innovative Approaches to Global Challenges (IAAI GLOCHA) as the host of the DigitalArt4Climate initiative, which aims to inspire greater environmental awareness via NFTs.

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Bitcoin Breaks $48K for First Time Since May

Bitcoin is up 6% over the last 24 hours and has broken the $48,000 mark for the first time since May. "All About Bitcoin's" Week in Review panel discusses this watershed moment, Bitcoin's Lightning Network passing new milestones, the potential impact of the global Blockstream Satellite network on mining, and Japan's Liquid Global exchange hack.

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Fed Chair Jerome Powell to Speak on ‘The Economic Outlook’ at Next Week’s Jackson Hole, Wyoming Symposium

Federal Reserve Chairman Jerome Powell will speak on “the economic outlook” next week, but what does that mean for the crypto markets? CoinDesk’s Christie Harkin and Brad Keoun discuss what to expect. Plus, what to watch from the House of Representatives as it returns to Washington Monday to forge ahead with the bipartisan infrastructure bill.

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Bitcoin Breaks $48K, But Why Is the Number of Active BTC Addresses Remaining Stagnant Since Spring 2020?

Bitcoin's price is at its highest level in a month. Yet, it hasn’t been met by a significant increase in active bitcoin addresses, which remain more or less around levels from the spring of 2020. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Second-Largest US Mortgage Lender UWM Plans to Accept Bitcoin Payments

United Wholesale Mortgage (UWM), America's second largest mortgage lender, reportedly plans to accept cryptocurrency payments later this year in an apparent first for the U.S. mortgage industry. "The Hash" team discusses the pros and cons of paying down a mortgage with crypto, and the possible use cases of bitcoin as collateral for mortgages and loans.

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End of an Era? Binance Clamps Down on Customer Verification Requirements

"The Hash" hosts discuss the outlook for crypto exchange Binance as it enforces "mandatory KYC for all services." New ​customers will have to supply a government ID and pass facial verification to meet its "Intermediate" verification status on its platforms. "This is the end of an era," host Naomi Brockwell said.

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NFT-Focused Topps Abandons Plan to Go Public in SPAC Merger

Legacy trading card company Topps has pulled out of its plan to go public via a merger with a special purpose acquisition company (SPAC) following the loss of its exclusive deal to make baseball cards as non-fungible tokens (NFTs) in partnership with Major League Baseball (MLB) and the MLB Players Association (MLBPA).

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Top NBA Draft Pick Cade Cunningham Signs Sponsorship Deal With BlockFi

Former Oklahoma State star Cade Cunningham signed a multi-year sponsorship deal with crypto lending firm BlockFi that will see the up-and-coming Pistons point guard receive his signing bonus in bitcoin. "The Hash" squad discusses the industry implications for the ongoing trend of top-drafted athletes forging early-career within the digital assets industry.

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