Starbucks teases Web3 rewards program to attract new customers

Starbucks teases Web3 rewards program to attract new customers

Global coffee store franchise giant Starbucks is looking to launch a new Web3 rewards program to attract and retain customers, according to its interim CEO Howard Schultz. Speaking during the firm’s fiscal Q3 earnings call on Tuesday, Schultz noted that Starbucks will soon reveal a new Web3 “digital initiative” that…

Coinbase exec at heart of insider trading scandal pleads not guilty in federal court

Coinbase exec at heart of insider trading scandal pleads not guilty in federal court

Former Coinbase Global product manager Ishan Wahi pleaded not guilty to two counts of wire fraud conspiracy and two counts of wire fraud in a Manhattan federal court on Wednesday, Reuters reported. Wahi is accused by United States law enforcement and the Securities and Exchange Commission (SEC) of insider trading…

Senators Stabenow, Boozman introduce crypto bill that extends CFTC’s regulatory powers

Senators Stabenow, Boozman introduce crypto bill that extends CFTC’s regulatory powers

United States Senate Agriculture Committee chair Debbie Stabenow and ranking member John Boozman introduced the Digital Commodities Consumer Protection Act bill on Wednesday. The bill has been expected for several months. Like the Digital Commodities Exchange Act (DCEA) introduced into the House of Representatives by members of the House Agriculture…

Roman Catholic Archdiocese of Washington, DC will accept crypto donations

Roman Catholic Archdiocese of Washington, DC will accept crypto donations

The archdiocese of Washington, D.C. of the Roman Catholic Church will begin accepting donations in cryptocurrency as part of an effort to grow its ministries. In a Tuesday announcement, crypto platform Engiven said it would be facilitating donations to the Roman Catholic Archdiocese of Washington, D.C. for fundraising efforts and…

Bitcoin bulls aim for K price on Friday’s 0M options expiry

Bitcoin bulls aim for $25K price on Friday’s $510M options expiry

Fifty-one days have passed since Bitcoin (BTC) last closed above $24,000, causing even the most bullish trader to question whether a sustainable recovery is feasible. However, despite the lackluster price action, bulls have the upper hand on Friday’s $510 million BTC options expiry. Bitcoin index/USD 1-day price. Source: TradingView Investors…

Inflation punishes the prudent while Bitcoin gives future hope — Jordan Peterson

Inflation punishes the prudent while Bitcoin gives future hope — Jordan Peterson

The ability to save up is an essential tool for self-regulation and planning for the future, but when inflation becomes uncontrollable, those who put in their efforts to delay gratification get punished for their choice. On the other hand, Bitcoin (BTC) does the opposite, according to clinical psychologist Jordan Peterson. …

Binance, KuCoin, OKX CEOs flex security amid Solana FUD storm

Binance, KuCoin, OKX CEOs flex security amid Solana FUD storm

With Solana hitting the headlines for succumbing to a hack on Wednesday, prominent crypto CEOs — including Binance’s Changpeng “CZ” Zhao, KuCoin’s Johnny Lyu and OKX’s Jay Hao — recommended that Solana (SOL) investors move their holdings over to their own exchanges as an immediate security measure. Numerous blockchain investigators and crypto investors…

Michael Saylor will step down as MicroStrategy CEO but will remain executive chair

Michael Saylor will step down as MicroStrategy CEO but will remain executive chair

Bitcoin maximalist Michael Saylor has announced that he will step down as the chief executive officer of MicroStrategy, the business intelligence firm he helped co-found in 1989. In a Tuesday notice on its second quarter earnings for 2022, MicroStrategy said Saylor would be assuming the new role of executive chair…