cryptocurrency

Adobe has made a number of product announcements at its MAX 2021 event, not the least of which are a number of new features for its popular image-editing and creation software Photoshop. One of these new features revolves around blockchain technology, making it easier for content creators to prove that they're the person behind non-fungible tokens (NFTs) offered on platforms like OpenSea and SuperRare.

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MasterCard has announced a big change that allows banks, merchants, and others on its network to offer cryptocurrency perks. The change underscores the rapidly growing mainstream appeal of crypto and the rollout of platforms that make digital currency easier for the average person to acquire.

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It's no secret that Jack Dorsey is a big fan of Bitcoin (his Twitter bio only contains a bitcoin hashtag, for example), and so it's likewise no surprise that his companies have started dabbling with the popular cryptocurrency. In his latest statement about the crypto, Dorsey said it is possible Square may make its own "Bitcoin mining system" that utilizes open-source software.

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An update to Valve's rules for games on Steam effectively bans all Blockchain games that use cryptocurrencies or NFTs. This is GOOD news if you're a cryptocurrency or NFT holder, at the moment, as it represents another public acknowledgement of the real-world value of cryptocurrencies and NFTs alike.

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Coinbase has announced plans to make NFTs more approachable for the general public. Though the new NFT platform isn't available right now, Coinbase has launched a waitlist for those who are interested in trying it out for themselves. Among other things, Coinbase says its NFT platform will include social features, centralized showcases, and discovery features.

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Signs of an impending crackdown on cryptocurrency by the US government continue to grow, with reports suggesting a new Biden executive order could intensify the White House's approach to non-traditional finance. The news follows earlier commitments by President Biden to bring together 30 countries around the world in an attempt to tackle "cyber threats," including potential misuses of crypto.

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Trading platform Robinhood plans to test cryptocurrency wallets starting next month, the company has revealed, though only some users will get access to the product initially. The company promises a variety of features that may lure in casual crypto enthusiasts, including the ability to receive, send, and hold supported digital coins, track one's portfolio, and more.

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AMC Theatres CEO Adam Aron has announced a plan to support more cryptocurrencies than just Bitcoin, highlighting the growing role these digital coins play in society. The company previously said that its customers would be able to pay for concessions and buy tickets online using Bitcoin, the most popular crypto, but it turns out that Litecoin and others will also be options.

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Walmart has disavowed a cryptocurrency announcement that claimed the retail giant had inked a deal with Litecoin, after a fake press release fooled a number of high-profile outlets. The news, purporting to be an official announcement from Walmart and Litecoin, was published on GlobeNewswire early on Monday morning, September 12.

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On Friday, thousands of Coinbase users received a message telling them that their account's two-factor authentication had been changed. This, as you'd expect, sent many users in a panic, including some who said they sold off their digital assets out of concern their accounts had been compromised. Over the weekend, Coinbase revealed the message was an error.

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Walmart has published a new job listing that seeks a "Senior Director II" who will focus on digital currencies for the company, including identifying "customer needs" and translating "them into product requirements." Among other things, this individual will be tasked with developing a "digital currency strategy" for Walmart and generating a product roadmap.

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PayPal-owned Venmo has announced another cryptocurrency feature that is available to its credit cardholders: crypto cashback rewards. Credit card users already receive cashback rewards based on their usage; that, as you'd expect, comes in the form of actual cash. Going forward, however, users also have the option of getting those rewards in bitcoin or select other digital coins rather than dollars.

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