📌 Warren Buffett bought $ 1 billion worth of shares in a digital currency bank;
🔸 Berkshire Hathaway's Warren Buffett and Charlie Munger, Bitcoin critics, bought a $ 1 billion stake in Nubank, a Brazilian digital currency bank, in December 2021 when Nubank went public, bought about 30 million shares worth $ 250 million, and had previously invested $ 500 million in the seventh round of raising capital, although Nubank did not allow direct investment in digital currencies. Customers can invest in this area by buying the bank's negotiable funds ...!
🔸 Berkshire Hathaway's Warren Buffett and Charlie Munger, Bitcoin critics, bought a $ 1 billion stake in Nubank, a Brazilian digital currency bank, in December 2021 when Nubank went public, bought about 30 million shares worth $ 250 million, and had previously invested $ 500 million in the seventh round of raising capital, although Nubank did not allow direct investment in digital currencies. Customers can invest in this area by buying the bank's negotiable funds ...!
📌 Santiment Analysis Team: Returning Bitcoin to over $ 44.2 thousand is a welcome sight for cryptocurrency traders, with a 30-day average return above 9%, overall, as long as the MVRV returns to + over a 30-day period. Reach 15% or higher, can be accommodated in these fluctuations, this is the time when the population's feelings towards the market are positive ...!
📈 #Funda
📈 #Funda
🆚Bitcoin vs. Credit Card Transactions: What's the Difference?
💰Bitcoin Transactions
✍Bitcoin was designed for peer-to-peer transactions, which removes all parties except the two making the financial exchange. Bitcoins are stored in a digital wallet that you hold and control. You do not need to depend on a financial institution to hold your money for you.
Payments are similar to wire transfers or cash transactions, where payment is "pushed" directly from one party to another without going through another financial institution. Payment processing is executed through a private network of computers, and each transaction is recorded in a blockchain, which is public.
💳Credit Card Transactions
✍By contrast, in a credit card transaction, you're authorizing a merchant to "pull" a payment from your account, passing through financial intermediaries in the process. For example, a typical Visa transaction generally involves five parties: the credit card network, the merchant, the acquirer (the financial institution that enables payments to the merchant), the issuer (the cardholder's bank), and the individual cardholder. Sometimes, there is a sixth party—the payment processor, although many are also the acquiring bank.
🔑Key Differences
✍Bitcoin transactions are made using a public key—an anonymous alphanumeric address that changes with every transaction—and a private key. You can also pay on mobile devices using quick response (QR) codes linked to your wallet. Credit cards can also be used on mobile devices, but the payments have to go through several entities before they are processed and approved.
One of the key differences between the two is that often you hand your card to another person or swipe it in a point-of-sale terminal. These machines can be hacked, and simulated terminals can send your card information to hackers. An untrustworthy cashier can keep your credit card information, sell it online, or use it themselves. Bitcoin comes straight from your digital wallet and goes directly to the party you're paying, without a way to intercept the information.
Bitcoin transactions are irreversible and can only be refunded by the receiving party—a key difference from credit card transactions that can be canceled. This means there are no charge-backs for merchants when taking payment via Bitcoin. A charge-back is the demand by a credit-card provider for a retailer to cover the loss on a fraudulent or disputed transaction.
💰Bitcoin Transactions
✍Bitcoin was designed for peer-to-peer transactions, which removes all parties except the two making the financial exchange. Bitcoins are stored in a digital wallet that you hold and control. You do not need to depend on a financial institution to hold your money for you.
Payments are similar to wire transfers or cash transactions, where payment is "pushed" directly from one party to another without going through another financial institution. Payment processing is executed through a private network of computers, and each transaction is recorded in a blockchain, which is public.
💳Credit Card Transactions
✍By contrast, in a credit card transaction, you're authorizing a merchant to "pull" a payment from your account, passing through financial intermediaries in the process. For example, a typical Visa transaction generally involves five parties: the credit card network, the merchant, the acquirer (the financial institution that enables payments to the merchant), the issuer (the cardholder's bank), and the individual cardholder. Sometimes, there is a sixth party—the payment processor, although many are also the acquiring bank.
🔑Key Differences
✍Bitcoin transactions are made using a public key—an anonymous alphanumeric address that changes with every transaction—and a private key. You can also pay on mobile devices using quick response (QR) codes linked to your wallet. Credit cards can also be used on mobile devices, but the payments have to go through several entities before they are processed and approved.
One of the key differences between the two is that often you hand your card to another person or swipe it in a point-of-sale terminal. These machines can be hacked, and simulated terminals can send your card information to hackers. An untrustworthy cashier can keep your credit card information, sell it online, or use it themselves. Bitcoin comes straight from your digital wallet and goes directly to the party you're paying, without a way to intercept the information.
Bitcoin transactions are irreversible and can only be refunded by the receiving party—a key difference from credit card transactions that can be canceled. This means there are no charge-backs for merchants when taking payment via Bitcoin. A charge-back is the demand by a credit-card provider for a retailer to cover the loss on a fraudulent or disputed transaction.
📢 Crypto.com is establishing an office in Dubai while Bybit is moving its global HQ.
Some of the biggest cryptocurrency exchanges in the world now plan to establish hubs in Dubai after the emirate announced the creation of a crypto-friendly regulatory regime.
Crypto.com announced on Monday that it plans to establish an office in Dubai and will launch a "substantial recruitment drive" in the months ahead to build its presence there. Bybit also revealed plans to move its global headquarters to Dubai, after having received in-principle approval to "conduct a full spectrum" of virtual assets business in the emirate.
The moves, announced on the same day, come weeks after Dubai revealed its intention to create a regulatory and licensing authority for virtual assets businesses. After the announcement, FTX Europe and Binance obtained operational licenses in quick succession.
Some of the biggest cryptocurrency exchanges in the world now plan to establish hubs in Dubai after the emirate announced the creation of a crypto-friendly regulatory regime.
Crypto.com announced on Monday that it plans to establish an office in Dubai and will launch a "substantial recruitment drive" in the months ahead to build its presence there. Bybit also revealed plans to move its global headquarters to Dubai, after having received in-principle approval to "conduct a full spectrum" of virtual assets business in the emirate.
The moves, announced on the same day, come weeks after Dubai revealed its intention to create a regulatory and licensing authority for virtual assets businesses. After the announcement, FTX Europe and Binance obtained operational licenses in quick succession.
📢 Prime Trust, a firm connecting bank accounts to the crypto economy, is beta testing retirement accounts.
💹 Fintech firm Prime Trust on Tuesday announced a platform for creating crypto-based individual retirement accounts (IRAs) in an expansion of the API provider’s Web 3 footprint.
“For retirement funds, one of the most important things is to diversify,” Chief Product Officer Sarah Xi said in a phone call with CoinDesk. She said Prime Trust’s Crypto IRA will make doing so easier for those who want crypto in their portfolio.
The program is only open to Prime Trust clients during a beta period that will test funding and investing retirement accounts with crypto.
💹 Fintech firm Prime Trust on Tuesday announced a platform for creating crypto-based individual retirement accounts (IRAs) in an expansion of the API provider’s Web 3 footprint.
“For retirement funds, one of the most important things is to diversify,” Chief Product Officer Sarah Xi said in a phone call with CoinDesk. She said Prime Trust’s Crypto IRA will make doing so easier for those who want crypto in their portfolio.
The program is only open to Prime Trust clients during a beta period that will test funding and investing retirement accounts with crypto.
📢 Dubai will host the Metaverse's first-ever economic summit
💹 According to a report, Abdulla bin Touq Al Marri, UAE's Minister of Economy, will host the world's first economic press conference in the Metaverse, which will be held as part of the World Government Summit at Expo 2020 Dubai, and media representatives will be able to attend via augmented and virtual reality.
💹 According to a report, Abdulla bin Touq Al Marri, UAE's Minister of Economy, will host the world's first economic press conference in the Metaverse, which will be held as part of the World Government Summit at Expo 2020 Dubai, and media representatives will be able to attend via augmented and virtual reality.
