Plus, El Salvador's largest bank now has the tools to accept BTC payments for loans and credit cards.
Today’s Top Crypto News Stories
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MasterCard Buys Crypto Intelligence Firm CipherTrace 👮
Mastercard has expanded its push into the digital assets market by purchasing a top crypto transaction tracing firm. CipherTrace provides blockchain forensics and regulatory compliance tools to banks, exchanges, law enforcement agencies and regulators. The goal is to keep the credit card giant from being disintermediated by DeFi. Read more.
After Record-Breaking August, NFT Sales Plummet 😢
Sales of non-fungible tokens collapsed this week following a record-breaking August, according to Dune Analytics. Daily sales volume fell from $323 million on August 29 to less than $85 million on September 8. Despite a Sotheby’s auction that saw a collection of Bored Ape Yacht Club NFTs sell for $24.4 million. See the details.
Payments Firm Flexa Powers BTC at Top El Salvador Bank ₿
Lightning-powered payments network Flexa has teamed up with the Central American country’s largest bank, Bancoagrícola, to provide the tools to accept Bitcoin payments for its loans and credit cards, as well as at its merchant network members’ stores. The move comes as El Salvador pushes ahead after a disastrous Bitcoin Day launch. Here's the latest.
SEC to Rule on VanEck Bitcoin ETF in November 😱
The U.S. Securities and Exchange Commission has promised to make a final decision on the VanEck Bitcoin Trust, the first of the exchange trade fund applicants to apply this year. Hopes were high that a long-denied ETF would be approved after ex-MIT crypto professor Gary Gensler became the agency’s chairman, but delays continue to pile up. Get the story here.
Weekly Roundup In Play2Earn Games and NFTs This Week
NFT sales plummeting by 75% since an all-time high on Aug. 29, La Liga jumping on the NFT train with Sorare, and the historic $24M Sotheby's auction of 101 Bored Apes. Check out our weekly roundup of some of the most prominent events in the play-to-earn and NFTs space, right here.