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Detroit to Accept Crypto for Tax Payments, Becoming Largest US City to Adopt Digital Currency
Michigan has announced that Detroit will accept cryptocurrency for taxes, becoming the largest US city to do so. Detroit’s crypto payment platform, managed by PayPal, aims to enhance accessibility and operational efficiency. Other states like Louisiana have also launched crypto payments for services in 2024, while some cities are accepting it for certain transactions. The adoption of crypto continues to accelerate. With the Spot Bitcoin and Ethereum exchange-traded funds (ETFs) approved and trading – and the potential for more altcoin ETFs to come later – we’re now seeing US cities and states embracing crypto. Related: Spot Bitcoin ETFs Experience Record-Breaking...
XRP surges after Ripple ‘victory,’ Trump Jr. crypto platform plans, and more: Hodler’s Digest, Aug. 4-10
XRP's price surged this week after Ripple scored a "victory," Donald Trump Jr. announces plans to launch crypto platform, and other news. by Editorial Staff 10 min August 10, 2024 Share Share Share Share Top Stories of The Week XRP rockets 26% as Ripple execs hail $125M penalty as ‘victory’ The price of XRP surged 26% as a New York federal judge moved closer to ending a three-year securities lawsuit against Ripple Labs, which executives are calling a “victory” for the industry. On Aug. 7, a judge ordered Ripple Labs to pay a $125 million civil penalty and said the...
Ubisoft Announces 10,000 NFT Launch on Arbitrum for Early Access to New Game ‘Captain Laserhawk’
Ubisoft is launching a 10,000-piece NFT collection on Arbitrum via Magic Eden for early access to Captain Laserhawk: The G.A.M.E. NFT holders can earn rewards and access user-generated content, though details are limited. Tencent and the Guillemot family are reportedly considering buying Ubisoft and taking the company private. Video game giant Ubisoft is preparing to launch a 10,000-piece non-fungible token (NFT) collection on Arbitrum, Ethereum’s largest optimistic rollup, via the Magic Eden marketplace. This collection will grant holders early access to Captain Laserhawk: The G.A.M.E., a top-down shooter inspired by the Netflix series Captain Laserhawk: A Blood Dragon Remix and...
