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

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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.

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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.


 

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Tech

iPhone 16 vs. Samsung S24 Ultra: A Comparison

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The iPhone 16 and Samsung S24 Ultra both offer cutting-edge technology but differ in key aspects. The iPhone 16 emphasizes seamless integration with Apple’s ecosystem, boasting advanced A-series processors, improved camera systems, and iOS features. The Samsung S24 Ultra, on the other hand, showcases its superior display with a higher refresh rate, enhanced zoom capabilities, and customizable Android experience. While iPhone 16 focuses on user experience, Samsung excels in hardware specs, making the choice dependent on user preference.


 

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Business

Innoson Vehicles Launches Nigeria’s First Electric Car

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Innoson  Vehicles  has  successfully  produced  the first  made-in-Nigeria  electric  car  at  their manufacturing  plant  in  Nnewi, Anambra State. This  groundbreaking  achievement  marks  a significant  milestone  for  the  country’s  automotive industry,  showcasing  Nigeria’s  growing  capacity for  innovation.  An  amateur  video  capturing  a test  drive  of  the  electric  vehicle  has  surfaced, generating  excitement  and  interest  in  the  future of  locally  produced  sustainable  transportation. Innoson’s  accomplishment  positions  Nigeria  on the  map  in  the  global  shift  towards  eco-friendly vehicles.

 


 

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News

Peter Obi Rallies Support in Edo State for Labour Party Candidate Olumide Akpata

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Peter Obi addressed a massive crowd in Edo State, urging Edolites to come out and vote for Labour Party (LP) candidate Olumide Akpata in the upcoming election scheduled for Saturday, September 21st, 2024. Obi emphasized that Akpata represents a brighter future for Edo State and encouraged voters to rally behind the LP for transformative leadership. His speech has generated widespread support for the LP candidate, energizing the campaign ahead of the crucial election day.

 


 

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