Tech

MetaMask, Mastercard, and Baanx Launch MetaMask Card for Crypto Payments

Published

4 months ago

August 16, 2024

Photo source: Google

MetaMask, Mastercard, and Baanx have introduced an innovative pilot program for the MetaMask Card, a groundbreaking digital debit card designed to facilitate the direct spending of cryptocurrency from MetaMask wallets.

This card allows users to convert their crypto assets into fiat currency instantly and is accepted anywhere Mastercard is used. The MetaMask Card operates on the Layer2 network, #LINEA, enhancing transaction efficiency.

Currently, the card is available to a select group of users in the EU and UK and supports major cryptocurrencies including USDC, USDT, and WETH. This initiative is a notable advancement in integrating cryptocurrency with conventional financial transactions, reflecting a broader trend towards blending digital assets with everyday financial practices.

As of 2024, MetaMask has achieved a significant milestone, surpassing 30 million monthly active users and amassing over 100 million downloads across different platforms, including web browsers and mobile devices.

Despite its achievements, there is still room for improvement in the MetaMask wallet, but the company, under ConsenSys, remains committed to enhancing its offerings.

This launch represents a major development in the financial technology landscape, marking a new era where digital assets are increasingly accessible for daily use.

While MetaMask is not the first to venture into this space, it is part of a growing trend of integrating cryptocurrency into everyday transactions.

For the first time in 14 years, the ecosystem is supported by new rules and tools, fostering an environment ripe for innovation and growth.

Related Topics:Baanx crypto MasterCard Metamask

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Tech

Samsung Galaxy S25 Ultra Price Rumored to Be Higher Than S24 Ultra

Published

1 month ago

November 20, 2024

Ese Ohwofa

Samsung Galaxy S25 Ultra may cost way more than the S24 Ultra according to a report from China. The Samsung manufacturers will focus on the profit margins and suggest that a price hike might occur in the market and a fierce competition in China will keep the prices stable.

However this news is still not confirmed and no one knows Samsung plans and the price of the new S25 Ultra. The Model is expected to be launched in January 2025

Tech

Tesla’s Stock Jumps on Report About Self-Driving Car Regulation

Published

1 month ago

November 19, 2024

Ese Ohwofa

Tesla shares increases once a report about Donald Trump wanting to regulate self-driving vehicles. His team is making self-driving vehicles (e.g Tesla) a priority in the US transport department.
Tesla’s stock jumps up once the news was released, although it was not been verified nor confirmed, the stocks still increased.

CEO of Tesla, Elon Musk is a vocal supporter of Donald Trump and his administration, Trump also recently appoints Musk and Vivek Ramaswamy to head the Department of Government Efficiency (DOGE). This department aims to ease regulations and reduced bureaucracy.

Tech

Apple Brings In New Features and Updates With iOS 18.2 Update

Published

1 month ago

November 18, 2024

Ese Ohwofa

Apple plans for the release for the upcoming iOS 18.2 update, the update will include improved and new features more advanced than the 18.1. Some highlights of the 18.2 update will include an intuitive camera control toggle, enhanced visual intelligence and special updated to apps like Music, Wallet, Mail and Safari. These additions will enable the phone to boost its security and improve user experience.

Apart from the iOS 18.2, Apple is also planning new updates across its ecosystem. Airpods are the next in line for new updates, the new update will be in the Airpods firmware. These developments show Apple commitments to their product and technology.