Crypto Pulse # 50 - Crypto use in Ecommerce jumps by 60%. Tuesday, 10th Jan 2023 | Powered by GenShards.
10 Jan 2023, 14:15
Crypto Pulse # 50 - Crypto use in Ecommerce jumps by 60%
Tuesday, 10th Jan 2023 | Powered by GenShards
🌍 Here's all you need to know about what's been up in the Web3-sphere lately
👉 Read the issue | 🐧 Read tweet thread |👇Read highlights below
⛰ Macro Landscape
📌 Use of crypto in ecommerce rose significantly in 2022. Payment volumes using crypto reportedly jumped by more than 60% year on year (source)
📌 As per reports, about 65% of USDC reserves are held in US Treasury bills (source)
📌 Morgan Stanley, one of the biggest investment banks in the world, now holds Bitcoin on behalf of its customers (source)
📈 Markets and Ecosystem
📌 BTC reclaims $17k, even as uncertainty surrounding Grayscale continues (source)
📌 The Shanghai upgrade to the Ethereum network is planned for February. This upgrade will exclusively focus on ETH withdrawals (source)
📌 The former president of FTX US says he will disclose what he knew of the FTX collapse “in time.” (source)
🀄️ NFTs, Metaverse & Gaming
📌 Leading NFT marketplace OpenSea has started supporting Arbitrum Nova. This could provide a cheaper alternative to ETH for NFT buying/selling (source)
📌 Mastercard, the payments giant, has partnered with ETH scaling platform Polygon to introduce emerging artists into Web3 technology (source)
📌 Consumer tech giant LG has doubled down on its metaverse ambitions with a series of announcements at this year’s Consumer Electronics Show (source)
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Next issue drops coming Friday- stay tuned ! 📺
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