Crypto.com Nets Ex-PayPal Exec to Increase Merchant Cryptocurrency Adoption

Hong Kong-based cryptocurrency payment platform Crypto.com has hired a former PayPal executive, the company confirmed in a press release Dec. 11.

Tyson Hackwood will join the crypto firm as its senior vice president and head of global merchant acquisition. Crypto.com, which came into being after cryptocurrency debit card provider Monaco acquired the domain name for a reported $10 million in July,

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Blockchain.com Wallet Adds Stellar, Announces $125 Mln XLM Airdrop to ‘Drive Adoption’

Cryptocurrency wallet provider Blockchain.com has launched full support for altcoin Stellar (XLM), accompanied by a hefty airdrop of $125 million worth of XLM to its user base. The news was announced in an official blog post today, Nov. 6.

Blockchain.com pitched the mammoth offering as “the largest airdrop in the history of crypto and likely the largest consumer giveaway ever,” suggesting that airdrops are “a great way to drive decentralization and adoption for new networks.”

The firm underscores that the benefit of crypto airdrops for consumers are that they are able to “test,

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PwC: Regulatory Uncertainty and Lack of User Trust Inhibit Blockchain Adoption

Regulatory uncertainty and trust are major barriers to blockchain adoption among businesses, according to a study released August 27 by ‘Big Four’ auditing firm PricewaterhouseCoopers (PwC).

A new study entitled “Blockchain is here. What’s your next move?” conducted by PwC examined 600 executives in 15 countries on their development of blockchain and opinions about its potential.

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