💳 Visa To Start Settling Transactions With Bitcoin Partners In USDC
💳 Visa To Start Settling Transactions With Bitcoin Partners In USDC
Today’s Picks
Visa To Start Settling Transactions With Bitcoin Partners In USDC. Visa is piloting transaction settlement in stablecoins on the Ethereum blockchain. The credit card provider that moves billions of dollars each day in 200 markets, today announced it accepted the first settlement payment in U.S. Dollar Coin (USDC), a cryptocurrency pegged to U.S. dollar in a 1:1 ratio, from its global crypto wallet partner Crypto.com over the Ethereum blockchain. (Nina Bambysheva via Forbes)
Blocking Suez Canal Is Partially FreedShip . SUEZ, Egypt—Engineers partially freed a wedged ship blocking the Suez Canal on Monday and tugboats are now working on straightening its course in a move that could soon reopen the vital trade route and end days of global supply disruptions. (Rory Jones via Wall Street Journal)
How mRNA Technology Could Change the World. Synthetic mRNA, the ingenious technology behind the Pfizer-BioNTech and Moderna vaccines, might seem like a sudden breakthrough, or a new discovery. (Derek Thompson via The Atlantic)
CDC will extend national eviction ban through June 30, sources say. “The COVID-19 pandemic has presented a historic threat to the nation’s public health,” CDC director Dr. Rochelle Walensky said in a statement. “Keeping people in their homes and out of crowded or congregate settings — like homeless shelters — by preventing evictions is a key step in helping to stop the spread of COVID-19.” (Annie Nova via CNBC)
Singular is a new Paris-based VC firm with $265 million. Meet Singular, a new VC firm based in Paris that just finished raising its initial fund. The firm was founded by two former Alven partners — Raffi Kamber and Jérémy Uzan. (Romain Dillet via TechCrunch)
Billions in Secretive Derivatives at Center of Archegos Blowup. The forced liquidation of more than $20 billion in holdings linked to Bill Hwang’s investment firm is drawing attention to the covert financial instruments he used to build large stakes in companies. (Sofia Horta e Costa via Bloomberg)
Parler explains 'free speech' to angry users after sharing Capitol riot posts with the FBI. Parler tried to throw Facebook under the bus. Now the right wing social network’s users are angry. Just as Congress was finishing up grilling the CEOs of Facebook, Google, and Twitter at a hearing on Thursday, Parler published its response to a separate Congressional inquiry into the company's ties and finances. (Matt Binder via Mashable)
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