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Showing posts from April 13, 2022

Ripio Announces Expansion to Colombia in Next Months

Ripio, an Argentinian cryptocurrency exchange, has announced concrete actions regarding its expansion to Colombia. The company will offer a new option for cryptocurrency users and traders in Colombia, and will also offer a financial education proposal that is yet to be revealed. This launch will crystallize in the following two months with the opening of an office in the country. Ripio to Officially Launch in Colombia The Argentinian exchange Ripio has offered more details when it comes to its expansion in Colombia. The company has declared it will offer a new proposal for Colombian traders and cryptocurrency users focused on other services like its digital wallet. The exchange, which raised $50 million last year in its Series B funding round led by DCG, told Criptonoticias it is planning to open an office in Bogota in less than two months, with the objective of offering a yet unannounced financial education proposal. On this new expansion plan, and what they offer Colombians, Ri...

Indian Crypto Exchanges Disable UPI, Other Payment Options

A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued by the National Payments Corporation of India (NPCI) regarding the usage of the UPI system by crypto exchanges. Indian Exchanges Stop Offering Major Payment Options Options to deposit Indian rupees at cryptocurrency exchanges are dwindling. A growing number of cryptocurrency exchanges have disabled INR deposits using the Unified Payments Interface (UPI) system, which is the most widely used retail payment method. Crypto exchange Wazirx is not offering UPI support. The exchange tweeted Wednesday, “Currently, UPI is not available.” Coindcx is also not supporting payments by UPI, saying on Twitter Monday, “UPI is temporarily unavailable.” Coinswitch Kuber went even further and reportedly suspended all INR deposit services Wednesday, including UPI and bank transfers via NEFT, RTGS, and IMPS. Coinswitch is...

Mastercard Files 15 Trademark Applications for a Wide Range of Metaverse, NFT Services

Mastercard has filed 15 trademark applications covering a wide range of services relating to the metaverse and non-fungible tokens (NFTs). “We are continually looking for opportunities to deliver new and unique experiences to our customers and cardholders,” Mastercard said. Mastercard’s NFT, Metaverse Trademark Applications Payments giant Mastercard filed 15 trademark applications with the United States Patent and Trademark Office (USPTO) last week covering a wide range of products and services relating to non-fungible tokens and the metaverse. A USPTO-licensed trademark attorney, Mike Kondoudis, noted that the trademark applications are for Mastercard, Priceless, and Mastercard’s circles logo. Priceless is a Mastercard campaign that provides cardholders with everyday discounts. The trademark applications indicate Mastercard’s plans for a wide range of NFT projects, such as NFT-authenticated downloadable music files and marketplaces for digital goods and NFT-backed media. They a...

Blockchain.com Inks Sponsorship Deal With the NFL’s Dallas Cowboys

On Wednesday, the firm Blockchain.com announced it inked a deal with the NFL’s Dallas Cowboys as the team’s “exclusive digital asset partner.” The deal will bring Blockchain.com a great deal of exposure in terms of television, signage, and radio and the digital currency company will also have its own club space inside AT&T Stadium in Arlington, Texas. Blockchain.com Becomes the ‘Exclusive Digital Asset Partner’ for the Dallas Cowboys Blockchain.com is joining a large swathe of digital asset companies targeting sports as the firm that was founded in 2011 is now partnering with the NFL’s Dallas Cowboys. According to reports from Dallas, Blockchain.com will become the team’s “exclusive digital asset partner.” Blockchain.com follows a number of crypto companies entering the sports industry like FTX and Crypto.com. The company founded by Peter Smith, Nicolas Cary, Antony Jenkins, and Jim Messina will enjoy a number of sponsorship opportunities like advertising and branding. Blockc...

Report: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding

Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. At the end of March, investigative journalists, Pam and Russ Martens from Wall Street on Parade, uncovered $3.84 trillion in stealth repo loans from the Fed to the French financial institution, BNP Paribas in Q1 2020. Additional data indicates that the U.S. central bank leveraged secret repo loans to provide a whopping $48 trillion to megabanks in late 2019 and into 2020. Reports Show the Fed Funneled Tens of Trillions to Megabanks in 2019 and 2020 While Wall Street eagerly awaits the Federal Reserve’s next benchmark rate hike decision, a number of investigative reports show the U.S. central bank participated in massive bank bailouts that are of biblical proportions. The first report stems from Wall Street on Parade’s Pam and Russ Martens, which accus...
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