Gucci to accept cryptocurrency payments in select US stores
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Gucci will begin accepting cryptocurrency payments by the end of the month in five of its US stores, with plans to expand to all of its 111 American locations.
The…
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Businesses may need to pay to use Twitter, Musk says
Business and government users may be charged a “slight” fee to use Twitter in the future, the company’s new owner Elon Musk said.
Musk concluded a $44 billion deal to…
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Digital wallets transaction value to grow by 60% by 2026 globally
The value of digital wallets transactions will exceed $12 trillion in 2026, from $7.5 trillion in 2022, according to a new study from Juniper Research.
To capitalise on this growth,…
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Crypto payment growth set to expand as usage figures soar
New research from Insider Intelligence has found that the number of crypto owners in the US alone will surpass 30 million this year. Meanwhile, the total cryptocurrency transaction value globally…
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AMC Theatres mobile app to accept Dogecoin and Shiba Inu
AMC Theatres has updated its mobile app to accept Dogecoin, Shiba Inu and other cryptocurrencies as payment across the US.
The American cinema giant first started accepting crypto payment last…
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Tesla to begin mining bitcoin with solar power
Tesla is set to begin mining Bitcoin using 100% renewable solar energy.
The electric car manufacturer has partnered with payments firm Block and blockchain company Blockstream to build a 3.8…
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Meta ponders moving into finance with “Zuck Bucks”
Meta is considering a push into the finance sector by introducing virtual coins, tokens and lending services to its apps, according to the Financial Times.
The move comes off the…
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MAC Cosmetics enters metaverse with NFT collection to support HIV awareness
MAC Cosmetics is launching its first collection of three limited-edition collectible NFTs and donating all the profits to organisations supporting those affected by HIV and AIDS.
The cosmetics brand is…
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The Fragrance Shop lets customers pay with cryptocurrency
The Fragrance Shop now allows customers visiting the site to make their purchases with cryptocurrency, as part of a tie up with BitPay.
The implementation is said to bolster its…
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Metaverse economy could reach $13 trillion by 2030
The metaverse economy could be worth up to $13 trillion by 2030, according to a new report from Citi.
The research estimates that a “device-agnostic” metaverse involving commerce, art, media,…
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Omnichannel global cosmetics company Revolution Beauty is a force to be reckoned with. With profits soaring – last year’s total earnings were recently revealed to have jumped by 73% to…