NFT News Daily TheBittimes.com

In a recent regulatory development, crypto currency payment s to “hosted wallets” using unidentified self-custody crypto wallets are now effectively illegal in the European Union (EU). This decision i”s part of a set of new anti-money laundering laws (AML) in the continent. The majority of the EU Parliament’s lead commission approved the prohibition on March 19, according to Patrick Breyer’s post. Notably, Dr. Breyer is a member of the European Parliament for the Deutsch Piraten Partei and one of the two leaders who opposed this approval. Gunnar Beck was the other Parliament member who voted against it, representing the Alternative for Germany (AfD) party. Picks for you Robert Kiyosaki blasts BTC skeptic Peter Schiff for knowing ‘a lot about a little’ 3 hours ago Finance legend Ray Dalio advises for 3 stages of life 4 hours ago Claude Opus AI predicts SHIB price for the end of 2024 4 hours ago Buy signal for 2 strong cryptocurrencies in...

Ferrari’s decision to accept cryptocurrency payments was driven by market demand and dealer requests, with numerous clients investing in digital currencies. Ferrari will accept crypto currency payments for its luxury sports cars in the United States due to customer demand. The carmaker also plans to accept crypto payments in Europe. According to an Oct. 14 report from Reuters, Ferrari’s chief marketing and commercial officer, Enrico Galliera, confirmed the intentions of the luxury car brand. Ferrari’s choice to accept crypto currency payments was driven by market demand and dealer requests, with numerous clients, including crypto -savvy young investors, having invested in digital currencies. Although Galliera didn’t specify the number of cars Ferrari expects to sell via crypto payments, he reportedly stated that the carmaker’s strong order portfolio is fully booked until 2025. Ferrari aims to test this expanding market to connect with potential buyers beyond its usual clientele...

The on-chain sleuth ZachXBT claims to have found an additional $37 million in losses suffered from the unconfirmed attack. The alleged Alphapo payment s provider hack of July 23 is now estimated to have caused losses exceeding $60 million, according to a July 25 report from on-chain sleuth ZachXBT. The loss was previously reported at roughly $31 million. Hack update: An additional $37M stolen on TRON & BTC from this hack has been located. This now brings the total amount stolen to $60M. This hack appears to likely have been done by Lazarus as they create a very distinct fingerprint on-chain. pic.twitter.com/ACGSXiDwW3 — ZachXBT (@zachxbt) July 25, 2023 Alphapo is a centralized crypto payment provider for e-commerce subscription services, gaming sites, and other online businesses. It's known as the provider for mystery box platform HypeDrop and gambling sites Bovada and Ignition. On July 23, security experts began reporting that the site’s hot wallets appeared to have been...

Join Our Telegram channel to stay up to date on breaking news coverage One of the largest payment processing companies globally, Stripe, has announced it will start supporting Bitcoin payments . The move will be enabled by OpenNode, a Bitcoin payments infrastructure company. Stripe to allow merchants to convert payments to Bitcoin The OpenNode app is situated on the Stripe app marketplace. Users on the app will be able to change their fiat payments into Bitcoin. The OpenNode app is based on the Stripe app marketplace. The integration will allow businesses to set up an automatic amount of their payments convert ed into Bitcoin. Besides automation, there will also be a manual process where users can choose the amount they want to convert into Bitcoin. The app will provide a clear dashboard that users can easily access to enable a seamless way to use the platform. Businesses will view their Bitcoin wallets and the conversion rates by accessing the application. The applicati...