Mastercard has launched customizable nonfungible token (NFT) debit cards, allowing some cardholders who own avatars from select NFT collections to add the artwork onto the payment’s card. The debit cards are made available through a Sept. 26 partnership with European cryptocurrency exchange platform, “hi” allowing its “Gold” members to personalize their debit cards with an NFT they verifiably own Gold membership with the platform is obtained by staking a minimum of 100,000 hi Dollar’s (HI), the platform’s native token, a sum worth around $4,600 according to data from CoinGecko. NEWS! Today @hi_com_official launches the world’s first debit card featuring NFT Customization, allowing cardholders to personalize the face of their card with an NFT Avatar. Read more here https://t.co/...
About time there was a bit of controversy in the cryptocurrency world, huh? Crypto.com, the industry behemoth that boasts over ten million users and four thousand employees, has found itself at the centre of a storm of criticism this week, as it decided to slash the rewards on its popular VISA cards. The blog post dropped Sunday evening and immediately caused uproar. What is Happening? Card rewards were cut down pretty drastically. Lower tiered users (Midnight Blue and Ruby Steel) get 0%, while the next ones up recoup only 0.5%. Even the top tier (Obsidian) were cut to just 2%. There will also be a monthly cap on awards to lower tiers at $25 to $50. Oh, it gets worse. Staking awards were also reigned in. Once the 180-day period for all those who staked before the announcement ...