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PAY Price   

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PAY

TenX  

#PAY

PAY Price:
$0.015
Volume:
$71.8 K
All Time High:
$6.21
Market Cap:
$3.1 M


Circulating Supply:
201,018,255
Exchanges:
6
Total Supply:
205,218,255
Markets:
10
Max Supply:
205,218,256
Pairs:
9



  PAY PRICE


The price of #PAY today is $0.015 USD.

The lowest PAY price for this period was $0, the highest was $0.015, and the exact current price of one PAY crypto coin is $0.01525.

The all-time high PAY coin price was $6.21.

Use our custom price calculator to see the hypothetical price of PAY with market cap of ETH or other crypto coins.


  PAY OVERVIEW


The code for TenX crypto currency is #PAY.

TenX is 5.2 years old.


  PAY MARKET CAP


The current market capitalization for TenX is $3,065,564.

TenX is ranked #714 out of all coins, by market cap (and other factors).


  PAY VOLUME


The trading volume is modest today for #PAY.

Today's 24-hour trading volume across all exchanges for TenX is $71,813.


  PAY SUPPLY


The circulating supply of PAY is 201,018,255 coins, which is 98% of the maximum coin supply.


  PAY BLOCKCHAIN


PAY is a token on the Ethereum blockchain.


  PAY EXCHANGES


PAY is available on several crypto currency exchanges.

View #PAY trading pairs and crypto exchanges that currently support #PAY purchase.


  PAY RELATED


Note that there are multiple coins that share the code #PAY, and you can view them on our PAY disambiguation page.


  PAY RESOURCES


Websitewww.tenx.tech
Whitepaperwww.tenx.tech/whitepaper/tenx_whitepaper_final.pdf
Twittertenxwallet
Redditr/TenX
TelegramOfficialTenX
Instagraminstagram.com/tenxofficial


  PAY NEWS


EMAX Token Skyrockets 95% After Kim Kardashian Agreed to Pay the $1.26 M...

    Yesterday, the renowned model, businesswoman, and one of the most popular people on social media - Kim Kardashian - made the crypto headlines by agreeing to pay $1.26 million to promote Ethereum Max (EMAX). Shortly after the news, the token's valuation headed north and is currently 95% up daily. Earlier this year, a lawsuit filed in California claimed that the reality TV star Kim Kardashian and the boxing champion Floyd Mayweather inappropriately promoted a digital currency known as EthereumMax (EMAX). According to the prosecutors, advertising the token (considered by the US Securities and Exchange Commission as crypto security) could have resulted in significant losses for investors. It is worth noting that Kardashian, who has over 330 million followers on Instagram, received $250,000 to popularize EMAX on her account. Yesterday (October 3), the model agreed to pay $1.26 million in penalties and interest for misleading her fans to invest in an unregulated financial asset. Apparently, though, there is no such thing as bad publicity, as the token's price reacted immediately. Source: CoinGecko Since the latest developments, the price of EMAX has skyrocketed by over 95% and is currently trading at $0.000000008566. Its trading volume for the past 24 hours surpassed $280,000, while prior to the agreement with the SEC, it was around $13,000. At one point last night, the token was worth $0.000000009586, which was a 130% rise compared to yesterday's figures. The post EMAX Token S... read More



SEC Orders Crypto Firm to Pay Harmed Investors $35 Million — Charg...

    The U.S. Securities and Exchange Commission (SEC) has ordered crypto firm Sparkster and its CEO to pay $35 million into a fund for distribution to harmed investors. The securities regulator also charged crypto influencer Ian Balina for promoting crypto tokens without disclosing compensation received.SEC's Cease-and-Desist Order Against Unregistered Crypto Firm The U.S. Securities and Exchange Commission (SEC) announced Monday that it has issued a cease-and-desist order against Sparkster Ltd. and its CEO, Sajjad Daya, 'for the unregistered offer and sale of crypto asset securities from April 2018 through July 2018.' The SEC explained that 'by offering and selling crypto asset securities called SPRK tokens' to raise money to develop Sparkster's software platform: Sparkster and Daya raised $30 million from 4,000 investors in the United States and abroad. They told investors that SPRK tokens would increase in value, promising to make the tokens available on a crypto trading platform. In a settlement with the SEC, Sparkster agreed to destroy its remaining crypto tokens, request the removal of its tokens from trading platforms, and publish the SEC's order on its website and social media channels. Daya agreed to refrain from participating in crypto asset securities offerings for five years. The SEC detailed: Sparkster and Daya agreed to settle and to collectively pay more than $35 million into a fund for distribution to harmed investors. Crypto Influencer Ian Balina Charged by SEC T... read More



Ukrainian Supermarket Chain to Accept Cryptocurrencies Through Binance P...

    Varus, a retailer with over 100 supermarket stores across Ukraine, has partnered with the world's leading digital asset exchange, Binance, to launch cryptocurrency payments. Customers will now be able to order groceries online and cover the bill through a Binance Pay wallet.Ukrainians to Shop Online From Varus Supermarket Using Crypto Binance, the largest cryptocurrency exchange by daily trading volume, and Ukraine's supermarket chain Varus have announced a partnership that will allow Ukrainian shoppers to purchase food and other goods online with digital coins. Using the Binance and Varus apps, customers will be able to enjoy instant crypto payments and fast delivery in nine Ukrainian cities: the capital Kyiv, Dnipro, Kamianske, Kryvyi Rih, Zaporizhzhia, Brovary, Nikopol, Vyshhorod, and Pavlograd. To take advantage of the payment option, crypto owners will have to download and install the Binance app on their Android or iOS devices. Then, they can go to the Varus website, select the products they want to buy and send the digital money from the Binance Pay wallet. In a report on the announcement of the new payment method, the crypto news outlet Forklog noted that earlier this year the Binance Pay service was integrated by the Ukrainian chain of stores for home appliances and electronics, Foxtrot. Whitepay introduced crypto payments for products offered by major Ukrainian tech stores in August. Customers of retailers like Tehnoezh and Stylus can now use the service provided b... read More



Crypto Yields Are Starting to Pay Less Than Government Bonds

    The once notoriously high yields provided by crypto lending services are now struggling to compete with more traditional, safer options. While yields for 3-month treasury bills slowly rise, AAVE’s lending rates on USDC have slumped massively since May. Rates for the two products have now crossed one another, meaning government debt is offering a better payout than its decentralized competition. High Risk, Low Reward? According to data provided by Bloomberg and Aavewatch, USDC deposited into AAVE V2 on Ethereum now yields just 0.2% per year – down from 2.4% in mid May. By contrast, US 3 month treasury bills have tripled from 1% yield to 3% in that same period.  The increase is largely due to Federal Reserve activity, which has driven up yield in every sector besides crypto. Digital asset markets still largely track the stock market, which has naturally tanked in response to the central bank’s hawkish policy. That same policy has sparked a steady upward climb for short term treasury bills.  The sharpest drop in yields on AAVE appeared to occur between May 13th and 22nd, dropping from 2.4% to 0.9%. This was only a week after Terra’s collapse, which helped trigger a massive contagious meltdown across the stablecoin lending arena in the following months.  Yet this by no means signals lower risk involved with crypto lenders. Unlike traditional markets, crypto yields are not determined by risk profile, but by trading volumes. According to DeFi ... read More



Dubai Luxury Hotel Palazzo Versace Allows Guests to Pay in Crypto

    Guests staying at Palazzo Versace Dubai have, since September 7, had an option to settle payment for services rendered via cryptocurrency. The hotel also plans to add the crypto payment option to its e-commerce platforms to enable guests to pay for gift vouchers using digital currencies. Cryptocurrency Infrastructure Provider A luxury hotel based in Dubai, Palazzo Versace, recently said it would allow guests to pay for services offered at its premises using cryptocurrency. As stated in a Business Traveller report, starting on September 7, guests staying at Palazzo Versace Dubai are able to settle their respective hotel bills using bitcoin, ethereum, and binance coin (BNB). According to the report, Binance, one of the world's largest crypto exchange platforms, is the luxury hotel's 'cryptocurrency infrastructure provider.' Besides allowing guests to use crypto when paying for dining, stays and spa experiences, the hotel will also accept crypto payments from guests using its e-commerce platforms to buy gift vouchers and items in the flower shop. By accepting crypto, Palazzo Versace Dubai joins the growing list of businesses operating in the country that have embraced cryptocurrency. 'Pioneers of Innovation in the Hospitality Business' Meanwhile, the managing director of Palazzo Versace Dubai and founder of Palazzo Hospitality, Monther Darwish, is quoted describing the hotel's decision to accept crypto payments as one for the future. Darwish said: We continue to be the pioneers... read More



Argentinean Province Allows Residents to Pay Taxes in USDT (Report)

    The authorities of the Mendoza province reportedly enabled citizens to pay government fees and taxes in cryptocurrencies. The region's tax administration described the move as 'the strategic objective of modernization and innovation,' which could give 'taxpayers different means to comply with their tax obligations.' Contrary to Mendoza's pro-crypto stance, Argentina's central bank is not so much in favor of the industry. Earlier this year, it banned domestic financial institutions from facilitating digital asset services. According to a local report, settling taxes in cryptocurrencies instead of pesos became possible in one of the largest provinces in Argentina - Mendoza. Initially, the region's authorities will accept payments in Tether (USDT), while at a later stage, it plans to add more digital assets as an option. Taxpayers can use popular crypto wallets such as Binance, Buenbit, Bitso, Ripio, Bybit, and Lemon Cash. In April this year, the lawmakers of Buenos Aires also considered something similar. Mayor Horacio Rodriguez Larreta stated that the capital aims to digitize its administration processes, adding that blockchain technology will play a key role. He also hinted that citizens might get the chance to pay their taxes in cryptocurrencies in the near future: 'And we are going to work to facilitate the payment of taxes, the ninth measure of this plan. Together with the leading companies, we are working so that those who wish can pay their taxes in cryptocurrencies.' ... read More



Crypto processing platform Calypso Pay launches mass payouts for Tron (T...

    Calypso Pay, an all-in-one crypto processing & acquiring platform, today and announced the launch of Tron (TRX) mass payouts in partnership with WatchData, a platform that helps web3 developers seamlessly interact with the blockchain. The solution allows customers to quickly set up Tron payouts to tens of thousands of addresses while saving both time and money on fees.  When you regularly have to send money to thousands of addresses, mass payouts are a more cost-effective solution. Yet customers face multiple problems when creating mass payouts by themselves: they take up a lot of space in the memo, can block the execution of other transactions on the address, and the transaction itself might be expensive unless you set it up in the right way. Aiming to take care of all these problems, Calypso Pay offers mass payments via smart contracts, mass payouts in one transaction (for BTC and DOGE), and even an option of launching mass payouts by uploading a CSV file — all options come with low fees and significantly speed up the financial operations. Benefits of Mass Payouts via Tron (TRX): Saves up to 10 hours, and reduces the risk of making a mistake during a transaction to 0%. Increases savings as the number of recipients increases: for 10 transactions, the savings is 55%, while for 100 or more transactions — 99%. To provide a better experience, Calypso Pay partnered with WatchData, a flagship infrastructure product of TheWatch company — WatchData monitors... read More



ADA Pay plugin now available on open-source ERP and CRM suite Odoo

    COTI, a DAG-based blockchain platform for payment networks, announced today that Rodolfo Miranda, one of the winners of COTI's Catalyst Fund 7, has completed an ADA Pay plugin on Odoo (On Demand Open Object), an open-source solution for business applications with more than 7 million users. One of the first necessary steps in bringing ADA to the masses is to grow the ADA Pay gateway solution. The ADA payment system for businesses, built on the Cardano blockchain, allows merchants to accept ADA as a payment method with instant settlement. The goal of this project was to develop and deliver an application for the Odoo platform that acts as a payment acquirer that accepts ADA for payments using the ADA Pay API. Previously, COTI shared news of another project Catalyst team, Carl Henry Global, that created an ADA Pay plugin for 8 different shopping platforms including WordPress, Joomla, and WooCommerce. “Delivering this project can’t be more streamlined. The ADA Pay API just simplifies the development process. Not only is it well documented, but also the COTI team was prompt to give us support to all of our questions and concerns. I really appreciate COTI professionalism and dedication.” - Rodolfo Miranda, ADA Plugin creator for Odoo As part of the COTI — Project Catalyst challenge, developers were invited to create ADA Pay plugin solutions ready for integration on different e-commerce platforms. 5 out of 16 submissions were funded. 'COTI’s development... read More



Cryptocurrency: This Messaging App Lets You Pay With Crypto

    Messaging apps are commonly used for online communication. However, things have progressed to the point where such apps now include a wide range of integrations. Online communication has gone beyond the mere purpose of messaging to include sharing media, contacts, and documents. The most recent trend is the integration of online payments. For example, Messaging applications incorporate payment systems, allowing users to transfer money with only a few clicks. Thus, although fiat payments dominate the present scene, a new age of crypto payments is emerging steadily. The benefits of speed, low transaction costs, decentralization, and borderless transactions make crypto an ideal instrument for messaging apps. As a result, big companies like Apple and Meta are considering introducing cryptocurrency payments into their apps. And two of the most popular messaging apps, Signal and Telegram, have already integrated cryptocurrency payments. However, the bulk of innovation is happening at the emerging projects that aim to power the future of in-chat micropayments. TokLok, for example, is a decentralized, crypto-native messaging platform offering a convenient and secure online communication service. TokLok: The Decentralized Instant Messenger App TokLok is a blockchain-based messenger developed for fully confidential communication among businesses and individuals. The app’s most intriguing feature is its strong encryptions to secure users’ data. Moreover, it provides adequate... read More



Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet

    Meta, the metaverse-based platform, has announced the launch of a new wallet directed to support value interaction in the metaverse. Meta Pay, a rebrand of the former Facebook Pay service, will keep fulfilling the same functions that Facebook Pay did in the past, but will be developed as a universal way of paying for goods and services using digital identities in the metaverse. Facebook Pay Rebrands to Meta Pay Meta is trying to solve the problem of transaction and value interactions in the metaverse. The company announced the launch of a new digital wallet that will support the economy of users in the upcoming iteration of Meta's metaverse. The wallet, dubbed Meta Pay, will be an evolution of what's known today as Facebook Pay, still supporting the array of payments it handles currently, but with a new focus on digital identity and proof of ownership. According to Meta (formerly Facebook) CEO Mark Zuckerberg, Meta Pay will be a solution to two issues in the metaverse: accessibility to digital goods and proof of ownership. About this, he stated: In the future, there will be all sorts of digital items you might want to create or buy - digital clothing, art, videos, music, experiences, virtual events, and more. Proof of ownership will be important, especially if you want to take some of these items with you across different services. Portability and Standardization in the Metaverse Zuckerberg stated that ideally, everything purcha... read More



Spritz Finance Bill Pay Beta Launches on Polygon Network

    {PRESS RELEASE - Greenwich, Connecticut, 14th June 2022] Spritz Finance, a Web3 personal finance platform for decentralized finance (DeFi) users to easily pay their bills with crypto, announced today that the company’s closed beta for its bill pay product is now available to all Polygon Network users, beginning in the United States. Polygon’s ecosystem creates opportunities for Spritz customers to earn more on-chain and generate passive income streams through DeFi, play-to-earn games, NFTs, and their metaverse assets, all of which will soon be connected through Spritz to pay off monthly expenses, such as mortgage and rent, utilities, credit cards, student loans or even a Netflix subscription. Chris Sheehan, who founded Spritz and serves as the company’s CEO, said the integration with Polygon was a great fit for Spritz. “The future of work is on-chain,” he said. “People everywhere are increasingly viewing blockchain as a place to save, invest, and earn income-whether through yield farming, P2E games, or NFTs. The missing link for these folks is a way to use their on-chain earnings to fund their real-life expenses. Spritz is the first web3 native bill pay service, and we’re so proud to be launching on Polygon.” By launching on Polygon, Spritz will be able to program payments from any Polygon smart contract directly to any US bill pay account, including banks, credit card companies, and utilities providers, both nationally and regi... read More



Nigerian Court Sentences Crypto Fraudster to One Year in Jail, Accused G...

    A Nigerian court has convicted and sentenced a man to one year in prison who is accused of duping an unsuspecting cryptocurrency investor. On its charge sheet, the prosecution said that the man had contravened Nigeria's anti-fraud laws and hence should be punished accordingly. Fake Cryptocurrency Investment Scheme A court in Nigeria has convicted a man accused of using a bogus cryptocurrency platform to defraud $680 from an unsuspecting investor, a report has said. In its ruling, the Port Harcourt Zonal Command of the Economic and Financial Crimes Commission (EFCC) said the man, Obu Ebibo, whose alias is Kenneth Gibson, must serve one year in jail. The court however said the accused has an option to pay a fine of $1,180 (N500,000) which he can deposit into the government's consolidated revenue account. According to a PM News report that details the accused's alleged crimes, by committing the alleged offenses, Ebibo was in contravention of Nigeria's anti-fraud laws. 'That you Obu Gabriel Ebibo (alias Kenneth Gibson) on or about the 1st November 2021, in Port Harcourt, within the jurisdiction of this Honourable Court with intent to defraud obtained an aggregate sum of Six Hundred and Eighty United States Dollars ($680.00 USD) on the pretence that, the money was meant for cryptocurrency investment, a pretext you knew to be false and thereby committed an offence contrary to Section 1 (2) of the Advance Fee Fraud and Other Fraud-Related Offences Act 2006 and punishable under Secti... read More



Bitcoin Miners in Washington Will Have To Pay 29% More For Their Electri...

    Bitcoin mining is about to become way harder for US-based miners, not because of the automatic difficulty adjustments but because of local politicians. This time, the state of Washington announced a significant price increase that could make many miners consider moving to another state or even country. On June 01, Chelan County, one of the 39 counties in Washington, announced the implementation of a new energy tariff for Bitcoin miners that will increase the previous rates by 29%. 'Tariff 36,' says that mining companies will have to pay a higher rate than all customers because their electricity consumption is much higher than the standard rate. On the other hand, according to local media, NewsRadio 560 KPQ Douglas County (another county in Washington) does not allow the opening of mining companies due to their high energy consumption, which according to county data, is 25% of the available energy. The New Tariff Was Due to Take Effect at the Beginning of 2022 According to KPQ, the new tariff should have come into effect in early 2022; however, possibly due to all the new rules and regulations being implemented in the country, it was delayed until June. Garry Arseneault, PUD Commissioner, said the new tariff was 'innovative.' He argued that the commission simply created a new rate for this type of demand. Tariff 36 will not be charged immediately to three major mining companies (they did not officially name the companies), as they had made 'significant investments in their ope... read More



Binance Pay, Alchemy Pay, ePayments, and QponBay Support Offline Crypto ...

    PRESS RELEASE. Binance Pay, Alchemy Pay, ePayments, and QponBay are collaborating to facilitate offline crypto payment methods at 'Artaverse', an NFT and metaverse event to be held in Hong Kong from June 3rd to 12th. Participants of Artaverse will be able to use cryptocurrencies to buy NFTs directly on site. The cryptocurrencies supported are BNB, ETH, ACH, and USDT. The exhibition is one of the largest of its kind and will be held in the 150,000 square-foot Central Harbourfront venue in Hong Kong. Hosted both inside and outside, there will be a giant tent and more than 20 independent exhibition spaces. With a total of more than 100 exhibition pieces, Artaverse aims to promote art forms such as non-fungible tokens(NFTs) and the metaverse, so that art enthusiasts have the opportunity to view, purchase, and even create new kinds of art. With diverse digital art exhibitions, and musical and cultural performances, the public will experience an immersive art, entertainment, and cultural journey through the real and virtual worlds. Through Artaverse, culture fans can explore the infinite possibilities of the web3 universe. Pakning Luk, Regional Head of Business Development at Binance Pay said, 'Binance Pay is focused on bridging the gap between physical and metaverse world, Binance Pay's collaboration with Alchemy Pay at Artaverse demonstrates the potency of collaboration in bringing crypto payments and Web3 to the mainstream easily.' The event is another example of Alchemy Pay mak... read More



After Terra (LUNA) Debacle, Polkadot Founder Urges People to Pay More At...

    The collapse of the much-hyped cryptocurrencies of the Terra ecosystem devastated many investors, but not the investment firms that cashed out right before it all came crashing down. There are many lessons to learn from the failed project as retail traders grapple with devastating losses. Ethereum's co-founder Gavin Wood said that people should pay more attention. At the backdrop of the World Economic Forum in the Swiss Alpine resort of Davos, the executive said, 'I would hope that people pay more attention to what is belying the currency name when they get involved in a community, ecosystem, economy.' In the interview, Wood also said that the internet has no real concept of legality because it is 'something that is determined by sovereign nations.' Observing the market-wide rout, Wood said that 'technology cannot prevent people from making mistakes but can help those who want to understand better the facts of the world, and what they're buying.' LUNA's crash may have gravely exacerbated the declines in the cryptocurrency market this year, but many blockchain companies are breaking stereotypes at the ongoing world economic forum. Web3 is being thrust into the limelight despite the legacy finance world's apparent contempt for the digital asset industry. With crypto being a rather hot topic following TerraUSD's at the world's biggest business tables, International Monetary Fund (IMF) Managing Director Kristalina Georgieva hinted at the algorithmic stablecoin TerraUSD and sis... read More



STEPN's GMT Token Supported by Alchemy Pay for Real-World Spending

    PRESS RELEASE. The leading fiat-crypto payment solutions provider, Alchemy Pay (ACH) and the web3 app, STEPN (GMT), have announced a new collaboration. STEPN's GMT token is now supported for use on Alchemy Pay's hybrid fiat-crypto payment system that enables it to be spent at over 2 million merchant partners, online and offline, in more than 70 countries worldwide. STEPN is a web3 lifestyle app with inbuilt Game-Fi and Social-Fi elements. Built around an essential daily activity of movement and exercise, STEPN is the first project to effectively bring to life a functioning 'move & earn' concept. Users equip themselves with NFTs in the form of running shoes. By walking, jogging, or running outdoors, users earn token and NFT rewards. Alchemy Pay CEO, John Tan said, 'We are focused on supporting the global adoption of innovative projects like STEPN that promote positive new possibilities for people around the world. By integrating their GMT token we are enabling holders and STEPN users to benefit from real-world spending.' STEPN's Chief Revenue Officer, Shiti Rastogi Manghani, said of the partnership: 'We are delighted that Alchemy Pay is now giving our users the ability to spend their GMT tokens in multiple real-world situations. Now that our web3 app has this new dimension we expect to see major growth of our community and ecosystem.' By becoming usable on Alchemy Pay's fast-growing payment network, GMT can now be spent by users around the globe in a number of scenarios. This ... read More



CryptoCom Pay Now Available for Shopify Merchants

    CryptoCom has announced enabling Shopify merchants to leverage its payment solution  - CryptoCom Pay - on their online storefronts. According to the official blog post, the crypto trading platform stated that the latest move should help the e-commerce company expand its reach by facilitating more ways for customers to make purchases with cryptocurrencies. CryptoCom - Shopify To incentivize Shopify merchants to sign up for CryptoCom Pay, the crypto platform has also announced waiving the 0.5% settlement fee on all transactions for one month after integrating. Stores will have until June 30th to avail this offer. Currently, customers can do so in more than 20 tokens, including Bitcoin (BTC), Ethereum (ETH), Cronos (CRO), Shiba Inu (SHIB), Dogecoin (DOGE), and ApeCoin (APE). Commenting on the development, Kris Marszalek, Co-founder and Chief Executive Officer of CryptoCom, revealed that offering more customers and merchants across the ability to engage in commerce leveraging cryptocurrencies is a top priority for the company. John S. Lee, Lead of Blockchain Ecosystem at Shopify, also said, 'We’re happy to welcome Crypto.com to help Shopify merchants provide an additional fast and convenient way for customers to pay for their online orders. Our growing blockchain ecosystem demonstrates our commitment to supporting merchants with alternative payment methods on their storefronts, helping to further expand what’s possible in commerce.' Shopify Advancing its Steps Th... read More



Masterminds Behind South African Bitcoin Ponzi Scheme Told to Pay Back O...

    Masterminds of one of South Africa's biggest bitcoin Ponzi schemes, Mirror Trading International (MTI), have been asked by the scheme's liquidators to pay back over $291 million to cover the scam operation's debts. Liquidators' Influence Liquidators of the South African bitcoin Ponzi scheme, Mirror Trading International (MTI), have issued summonses against eighteen individuals believed to be the masterminds behind the now-defunct scheme. The liquidators want the named individuals to pay back more than $291 million (4,666,077,528 rand) to cover the scheme's debts, a report has said. The move to summon the alleged MTI masterminds comes just a few months after liquidators unsuccessfully tried to have the online bitcoin trading platform declared an unlawful business by a South African court. As per a report by Bitcoin.com News, the move was frustrated by a slew of late court filings by lawyers representing MTI investors. Investors were reportedly worried that the liquidators' motion would give the latter excessive powers which may jeopardize their chances of recovering their funds. Following this intervention by investors, a South African judge subsequently postponed the hearing to a later date. Masterminds Aware of MTI's Insolvency Meanwhile, a report by Mybroadband suggests that the liquidators have since asked the Pretoria High Court to hold MTI masterminds liable as per the dictates of the Companies Act. In their submission, the liquidators reportedly argued that summonsed i... read More



Warren Buffett Won't Pay $25 for All Bitcoin in the World — ...

    Berkshire Hathaway CEO Warren Buffett says he won't buy all the bitcoin in the world for $25. Meanwhile, his longtime business partner and right-hand man, Charlie Munger, says bitcoin is stupid and evil, noting that the cryptocurrency makes him look bad.Warren Buffett Explains Why He Won't Buy Bitcoin Warren Buffett and Charlie Munger talked about bitcoin during Berkshire Hathaway's annual shareholders meeting Saturday. Buffett is Berkshire's CEO and chairman of the board. Munger, often known as his right-hand man, is the company's vice chairman of the board. The Oracle of Omaha, famous for saying bitcoin is 'probably rat poison squared,' explained in some detail why he would not buy BTC. He said: Whether it goes up or down in the next year, or five or 10 years, I don't know. But the one thing I'm pretty sure of is that it doesn't produce anything … It's got a magic to it and people have attached magics to lots of things. Buffett gave some examples. He would pay $25 billion for a 1% interest in all the farmland in the United States. He would also pay $25 billion for a 1% interest in all the apartment houses in the country. 'I would write you a check this afternoon,' he affirmed. However, when it comes to buying bitcoin, he detailed: Now if you told me you own all of the bitcoin in the world and you offered it to me for $25, I wouldn't take it because what would I do with it? I'd have to sell it back to you one way or another. It isn't going to do anything. Unlike bitco... read More



Buenos Aires Considers Allowing Locals to Pay Taxes in Crypto

    The mayor of Buenos Aires – Horacio Rodriguez Larreta – indicated that the city will soon start digitizing its administration processes, while blockchain technology will play a key role. Additionally, the political leader hinted that residents could be allowed to pay their taxes in crypto assets instead. Buenos Aires Embracing Crypto The latest megalopolis that might dive deep into the cryptocurrency universe is Argentina’s capital – Buenos Aires. In a recent interview, its mayor – Horacio Rodriguez Larreta – presented a 12-step plan called “Buenos Aires +,” which will aim to transform the city into a digital hub. An important part of the agenda is “the self-sovereign digital identity, which is one of the most innovative tools that are being given in the world so that citizens have their digital identification.” Through an application, locals will be able to authenticate their identity, which will enable them to have access to all their information in one place – their phones. Vaccination certificates, test results, civil registry documents, and birth certificates are some of the examples of documents that should go digital by the end of 2022. The mayor noted that the successful outcome of the initiative requires enhanced security. For that purpose, the authorities intend to embrace blockchain technology: “All this flow of information, which is going to increase exponentially, is going to be protected by ... read More



Buenos Aires Confirms It Plans to Allow Citizens to Pay Taxes With Crypt...

    Horacio Larreta, the head of the government of Buenos Aires, the capital of Argentina, confirmed that the city will allow its citizens to pay some taxes with cryptocurrencies. This is part of a digitization plan that the city has named 'Buenos Aires+' that seeks to simplify the relationship the city has with citizens. Buenos Aires Government to Introduce Cryptocurrency Tax Payments The government of Buenos Aires, the capital of Argentina, is planning to allow its citizens to pay some taxes with cryptocurrencies. According to local media, the announcement was made by Horacio Rodriguez Larreta - head of the Buenos Aires government - on a recent Zoom call. This initiative is part of a digitization push the city is planning to execute to broaden the access of citizens to documents and government services. This plan, called 'Buenos Aires+,' seeks to 'simplify and streamline the link with citizens and the city,' according to Larreta. On the importance of blockchain for this digitization push (that seeks to automate 70% of formalities during its first year of implementation), Diego Fernández, secretary of Innovation and Digital Transformation, stated: I believe that blockchain technology will give the government the possibility to make all its acts more transparent and encourage the participation of citizens in a deeper way. This proposal is similar to the one presented by the government of Rio de Janeiro in March, which also announced it wi... read More



Bitcoin Miners in Kazakhstan To Pay Taxes Correlated to BTC Price

    Once considered an attractive country for Chinese Bitcoin miners after the country's crackdown on any BTC mining activity, Kazakhstan now seems to be set to creating new taxes that will negatively impact the industry. On April 14, the Minister of National Economy, Alibek Kuantyrov, said in a government briefing that his team is working on a tax plan that would link tax payments to the valuation of the mined tokens. According to Kuantyrov's statement, first reported by ForkLog, this will help the country financially in tax collection, as it translates into an improvement for the state budget. However, this decision could cause many miners to explore other countries like El Salvador, where the mining tax will be a flat 10% to finance the construction and services of Bitcoin City. 'We are considering increasing the tax burden for miners, at the moment we are also considering linking the tax rate for miners to the value of the cryptocurrency. If the cryptocurrency grows, it will be good for the budget.' Kazakhstan is Less Attractive For Crypto Miners Initially, the Kazakstan government welcomed miners with open arms; however, this stance changed a few months later. The country went from offering one of the cheapest energies in the world for mining to introducing a mining tax of 20 cents per kWh -in one month, the energy cost multiplied by 10- arguing that the energy demand by miners had grown exponentially. But besides the tax, the government also started shutting down many ... read More



NumisMe: Crypto's First Cash Protocol – Pay With Cash and Re...

    PRESS RELEASE. Eugene, Oregon April 15th, 2022: If there was ever a universal truth to which we could all agree, it would be change. An unequivocal reality of the cosmos, change is constant. Despite emotions, thoughts, or actions, change is an unstoppable force for which there is no immovable object. As creatures of comfort and habit, we often go out of our way to avoid or ignore changes, negative and beneficial. The world's financial systems are no exception to this universal law. Technological improvements have progressed the digitization of currency, moving us closer to cashless societies and away from physically held currency. Many people fear this technological shift with our monetary system will be government controlled, leading to the loss of financial freedom. Therefore private and/or decentralized organizations are essential moving forward. These improvements in technology also make innovative tools possible, which can provide people more control and power over their finances than ever before. NumisMe is one of those innovations, and may forever change the way the world thinks about physical change. It's time for ¢hange Physical currencies and loose change are on their way towards extinction. Physical money can be lost, stolen, damaged, even intentionally thrown away due to its perceived lack of value or cumbersome nature.This attrition results in billions of dollars disappearing every year. Imagine making a cash purchase without the need to receive physical cha... read More



MMA Entertainment Giant UFC to Pay Fighters Bitcoin Bonuses

    On April 7, the digital currency exchange Crypto.com announced that fighters from the mixed martial arts (MMA) promotion company, Ultimate Fighting Championship (UFC), will be able to win Fight Night bonuses that will be paid in bitcoin. Fight Night bonus payouts will vary depending on placement, and contestants that finish first place will get paid $30,000 in bitcoin for the win.UFC and Crypto.com to Pay Athletes Bonuses in Bitcoin via Fan Voting Process After partnering with the UFC during the first week of July 2021, the cryptocurrency exchange Crypto.com announced on Thursday bitcoin bonuses for UFC athletes who place first, second, and third in a Fight Night competition. Moreover, the placement decision will be done by fan voting in order to choose the top three best fighters from each UFC pay-per-view (PPV) event. 'Bitcoin bonuses include $30,000 for First Place, $20,000 for Second Place, and $10,000 for Third Place,' the crypto exchange's announcement explains. The bitcoin (BTC) bonuses will be based on the USD exchange rate at the time and the first bitcoin bonus Fight Night will be at UFC 273: Volkanovski vs the Korean Zombie. The UFC tournament will take place on Saturday, April 9 at the VyStar Veterans Memorial Arena in Jacksonville, Florida. 'Crypto.com has been an official UFC partner for less than a year, and I'm telling you they are already one of the best partners we've ever had,' UFC president Dana White said in a statement. The UFC executive added: [Crypto.... read More



Will Tim Cook's Apple Pay Push Slow Bitcoin Adoption? (Op-Ed)

    The California Macintosh and iPhone maker is in the process of ramping up its proprietary financial services technology and increasing Apple’s lending to iPhone users of Apple Pay. This is according to a Bloomberg report from earlier this week. The Cupertino high-tech giant sounds serious about the project, dubbing the effort “Breakout” and seeking to replace its fintech partners with in-house solutions and infrastructure to bolster payments processing, credit checks, and other financial services. Apple CEO Tim Cook Eyes Apple Pay Growth That could scoop up a tidy sum of future profits from payments alone, as well as greater user enrollment into Apple’s “walled garden” of native apps and products. According to The Verge, there are over 1 billion active users of Apple iPhones worldwide. Apple Pay’s current fintech service vendors, CoreCard (CCRD.N) and Green Dot (GDOT.N), who support the company’s credit and peer-to-peer remittances products, saw their shares drop steeply after the news broke Wednesday, 12% and 5% respectively. The move by the Tim Cook-led computer and software maker is a classic Steve Jobs and returns Apple Pay to its traditional ethos of strict in-house command and control over all aspects of its product offerings. While Apple Pay is a conventional digital wallet along the lines of PayPal, utilizing the company’s enormous cash reserves of USD and liquid USD equivalent securities to provide liquidity and b... read More



NFT Marketplace Opensea to Add Credit Card, Apple Pay Support via Moonpa...

    According to the firm Moonpay, the non-fungible token (NFT) marketplace Opensea plans to accept credit card payments using the company's payment infrastructure. The move follows Opensea gathering $23.5 billion in all-time sales volume, and the company's recent Solana support announcement.Moonpay Reveals Opensea Users Will Soon be Able to Pay for NFTs With a Credit Card Opensea visitors can soon pay with credit cards if they don't own any crypto assets, according to a tweet from the company Moonpay. 'Sail the Opensea with your card,' Moonpay detailed on Friday. 'Soon, you will be able to buy NFTs with Visa, Mastercard, Apple Pay, Google Pay, and more,' the firm added. Currently, Opensea users are required to leverage crypto assets like ethereum (ETH) to purchase NFTs on the marketplace platform. The Moonpay integration will change that going forward, and Opensea visitors will have the ability to choose from an assortment of payment options. In recent times, Moonpay has been helping celebrities buy expensive NFT assets like Bored Ape Yacht Club collectibles. The company helped the American rapper Wiz Khalifa acquire Bored Ape #1506 and the firm helped the 'Queen of Pop' Madonna purchase Bored Ape #4988 for $564K in ether. At the end of November, Moonpay raised $555 million during the firm's first finance round led by Tiger Global and Coatue. After the capital injection from investors, Moonpay's overall valuation hit $3.4 billion. The company said at the time that the capital wo... read More



VeChain Partners Alchemy Pay for Fiat Payment Rails and Crypto on-Ramps

    PRESS RELEASE. Palo Alto, USA, March 2022 – Vechain (VET), the leading layer-1 smart contract platform has announced it is adding Alchemy Pay's (ACH) mainstream-friendly fiat payment channels and crypto on-ramps to its network. Alchemy Pay is a specialist in providing practical payment solutions that connect up fiat and crypto economies. Its crypto acceptance payment system for online and offline businesses with 2 million+ merchants in over 70 countries worldwide now supports VeChain's VET token for payments. VeChain's CEO, Sunny Lu, said of the integration, 'With Alchemy Pay's fiat payment channel and crypto on-ramps we are bringing more mainstream accessibility to our network. This has benefits, not only for users, but also for all developers building on the VeChainThor blockchain. The integration of VET into Alchemy Pay's crypto payment system is important in further expanding the real-world use cases for VET as a form of payment. By enabling mainstream payment standards like Visa, Mastercard and Paypal using Alchemy Pay, the mainstream adoption of VET will increase by making direct access possible, bypassing the complications of crypto exchanges that can be a barrier for many new users.' Alchemy Pay has become increasingly important in the blockchain space as a bridging service for the industry. Recent payment integrations with the likes of Elrond, Polygon, Algorand, NEAR, and Avalanche highlight this. Its 300+ fiat payment channels allow crypto services and networ... read More



MetaMask Allows iPhone Users to Buy Crypto With Apple Pay

    On March 29, MetaMask announced a raft of updates to its mobile version 4.3.1, the most significant was the Apple Pay integration. The catch is that Apple does not directly support crypto payments through its own platform, so it has to be done via Wyre, which does support crypto and integrates with Apple Pay. Users can now also buy crypto with debit or credit cards, eliminating the need to send ETH to the app in advance. Apple Pay users can deposit a daily maximum of $400 into their wallet using their Visa or Mastercards and the Wyre API. MetaMask Mobile v4.3.1 is LIVE with some exciting updates: Buy crypto on iOS with Apple Pay (@sendwyre), more transparency when interacting with sites, & support for gasless transactions where relevant. Does it get any better? Yes it does! We now have dark mode! 1/ — MetaMask (@MetaMask) March 28, 2022 Credit Cards for Crypto MetaMask also uses the Transak payments platform to allow users to buy crypto with their credit or debit cards. However, those wishing to use either payments platforms must complete KYC (know-you-customer) process. Using MetaMask on layer-1 does also incurs gas fees, however, even though the firm says it does not profit from them. MetaMask also has its own fees, which are 0.875% of the transaction. One of the other updates was support for gasless transactions, which is when private blockchains, or a project or protocol, pay for the gas on the user’s behalf. On March 15, CryptoPotato reported that MetaMa... read More



Florida Governor Ron DeSantis Says State Is 'Figuring out Ways&rsq...

    Florida governor, Ron DeSantis explained at a press conference on Tuesday that he's spoken with state agencies and told them to figure out ways for businesses to pay tax with cryptocurrencies. During the signing ceremony for a bill focused on financial literacy, DeSantis said that the government is working on accepting bitcoin 'for payments in the state of Florida.'DeSantis Is Concerned About Biden's Executive Order On Tuesday, Ron DeSantis, the 46th governor of Florida appeared at a press conference with fellow colleagues in order to sign a bill that mandates financial literacy in schools throughout the state. DeSantis touched on many subjects as Florida's governor noted that he is concerned about U.S. president Joe Biden's recent digital currency-focused executive order. According to DeSantis, there's a lack of understanding when it comes to decentralized crypto assets and centralized digital bank currencies (CBDCs). 'There's a difference between a decentralized digital cryptocurrency like bitcoin and what some are talking about doing at the federal level to convert U.S. dollars into basically a digital currency,' DeSantis said. 'I think there's a lot of hazards with that, when that's centrally controlled. I worry about the amount of power that [it] would give someone in a central authority to basically be able to shut off access to purchasing certain goods. We'd be in uncharted territory,' the governor added. Florida Governor Ron DeSantis Says His Administration Is Worki... read More



GrePay and Alchemy Pay Partner to Expand Crypto Payments

    PRESS RELEASE. Singapore, March 2022 – The fiat-crypto payment solutions provider, Alchemy Pay (ACH), and GrePay, global acquirer and payments provider, announce their partnership. Grepay has over 100 local payment channels that process over 200k transactions per day. Alchemy Pay will now leverage these channels to connect crypto service providers to their global key markets such as United Arab Emirates, India, Mexico, Brazil, Colombia, Chile, and Pakistan. As part of the partnership, Alchemy Pay will provide GrePay with cryptocurrency payment acceptance capabilities. This includes Binance Pay and on-chain transactions for popular mainstream cryptocurrencies. As a result, Grepay's merchants will all now have the option to accept cryptocurrency payments. Alchemy Pay's hybrid crypto-fiat payment system allows merchant partners to accept popular cryptocurrencies for instant offline and online payments at a low cost and the system is currently supported in more than 70 countries and reaches more than 2 million merchants. One of GrePay's payment channels that Alchemy Pay will first integrate is Payby, a leading United Arab Emirates mobile payment provider. Alchemy Pay will enable crypto service providers such as crypto exchanges to accept Payby and have access to users in the UAE – a key market where demand for cryptocurrency services have risen rapidly amid the nation's move towards creating a cryptocurrency hub. With region-appropriate licensing and strong technica... read More



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