#cryptonews Ferrari starts accepting crypto payments in the US A

According to Galliera, Ferrari is collaborating with crypto payment processor BitPay for Bitcoin, Ether and USDC payments in the U.S. Ferrari may work with other providers in different regions. Payment processors are responsible for ensuring that crypto payments come from legitimate sources and are not related to any criminal activity or potential tax evasion.

Bitcoin, the first cryptocurrency, was invented by its pseudonymous creator Satoshi Nakamoto in 2008 as a peer-to-peer electronic payment system. However, due to dramatic price swings and technical limitations, cryptocurrencies have yet to catch on as a major payment medium.
#cryptonews #Ferrari

Today is the final day for the SEC to appeal the Grayscale Bitcoin Spot ETF Decision.

If they fail to appeal the court's ruling by the end of the day, they won't have any avenues left to deny other Spot Bitcoin ETFs. As a result, they would be compelled all of them.

So if the SEC doesn't act by today's end, it's likely we'll witness the approval of all Spot ETFs. #BitcoinWorld #bitcoin #cryptonews

Perpetual Trading Protocol GMX Bags Biggest Chunk of $40M Arbitrum Grant
Arbitrum projects will receive token grants that may help attract new money to the popular blockchain.Several projects built on the Arbitrum blockchain have bagged a cumulative stash of $40 million in ARB tokens as part of a short-term incentives program (STIP) round that ended late Thursday.

A tally shows 29 Arbitrum projects pitched their product and services to token holders over the past week, hoping to win votes for a chunk of the 50 million ARB tokens, worth nearly $40 million at current prices.

#Arbitrum #cryptonews

Caroline Ellison recounts ‘constant state of dread’ over Alameda’s mounting debts: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Josh Frank of The Tie reacts to the latest testimony from Caroline Ellison in the trial of Sam Bankman-Fried.
#cryptonews