Gucci starts to accept crypto payments in stores
    05 May 2022

    The high-end fashion brand Gucci has announced it will begin accepting cryptocurrency in some of its US locations later this month, with plans to roll out the program to its other 111 North American stores this summer. Gucci is just the latest one among the various luxury labels to begin accepting crypto payments. According to…

    Coinbase takes the first-ever loan from Goldman Sachs with Bitcoin as collateral

    Major crypto exchange Coinbase has taken out a loan from Goldman Sachs using its Bitcoin assets as collateral to strengthen ties between crypto and traditional banking. The amount of the historic transaction has not been disclosed, but the collateral for it was based on a portion of Coinbase’s Bitcoin Holdings. As of 2021, Coinbase owns…

    Kraken announces its upcoming NFT marketplace
    05 May 2022

    US-based crypto exchange Kraken has opened the waitlist for its upcoming NFT marketplace. The exchange posted this bullish announcement on May 3, claiming that its marketplace would be the complete solution for exploring, curating, and securing NFT collections. Unlike available on other marketplaces, Kraken NFT promises to offer gasless trading. The Kraken NFT marketplace will…