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Moonvember kicks off with sweeping staff layoffs across crypto

The crypto and tech industry has seen a slew of staff cuts this week against a backdrop of difficult market conditions, though on a positive note, some are bucking the trend. Crypto companies, including crypto exchanges, venture capital firms and blockchain developers, have been forced to reduce headcount in order to stay nimble amid the bear market. Some, however, have done the opposite, opening up offices in new locations and markets.  It comes a few weeks after multiple high-level executives, such as OpenSea’s former chief financial officer, Kraken’s co-founder Jesse Powell and Ripple Labs’ engineering director, have all made headlines for either exiting or stepping down from their roles in the space. Stripe cuts around 1,000 staff Patrick Collison, CEO of payments processor Stripe...

Business owners should get off PayPal and move to the blockchain

Do you believe that in five years every second transaction in e-commerce will be settled on blockchain? No? Well, that’s what people thought of plastic credit cards versus cash a few decades ago when it came to traditional stores.  There is no doubt that Web3 will drastically transform the way e-commerce operates. Using cryptocurrency payments in e-commerce stores will become just as common as accepting PayPal, Klarna, Visa or Mastercard. Stores that don’t adapt their e-commerce platforms to accept cryptocurrencies will soon find themselves out of business. How Web3 has changed the e-commerce landscape Thanks to the converging forces of Web3 — blockchain, decentralized finance (DeFi), AI and machine learning — new, smart algorithms can analyze and adapt to provide user-centric experie...

Twitter Launches Patreon-Like ‘Super Followers’ Feature for iOS

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

Clubhouse’s new direct payments let users pay creators

Social audio app Clubhouse will let all users pay other creators starting Monday. It’s the first monetization tool built right into the app. Clubhouse says it won’t take a cut of payments, meaning that creators get the entirety of what somebody sends them. Not everyone will be able to receive payments just yet, though; that will be rolling out in waves, “starting with a small test group,” Clubhouse says. To pay a Clubhouse creator who can receive payments, tap on their profile, then tap on the “Send Money” button, and then choose how much you send them. You’ll also have to pay a “small card processing fee” that goes to Stripe, which is Clubhouse’s payments processing partner. The first time to try to pay someone, Clubhouse will ask you to add a credit or debit card. The news of direct paym...

Stripe to Acquire Nigeria’s Paystack

Sourced from Redbubble and iStock. Stripe has revealed that it has entered into an agreement to acquire Paystack, a payments collection company based in Lagos, Nigeria. According to an official statement, Paystack works with more than 60,000 businesses in Nigeria and Ghana to securely collect online and offline payments. It also processes more than half of all online transactions in Nigeria and has plans to expand across the continent, having recently started a pilot with businesses in South Africa. Stripe and Paystack have been working closely together for some time. In 2018, Stripe led Paystack’s Series A financing round and has provided ongoing guidance as the company rapidly scaled. “In just five years, Paystack has done what many companies could not achieve in decades. Their tech-firs...