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🌙 Stripe Brings Back Crypto Payments

🌙 Stripe Brings Back Crypto Payments

Stripe will reintroduce crypto payments later this year, initially only for Circle's USDC stablecoin, on the Solana, Ethereum and Polygon blockchains.

Mike Gavela
April 25, 2024

Crypto Roundup - Apr 25

Stripe has reintroduced cryptocurrency payments, now enabling payments in USDC stablecoin through a partnership with Polygon, starting with Twitter. This move allows Twitter to compensate creators using cryptocurrency for features like Ticketed Spaces and Super Follows. Meanwhile, ConsenSys has filed a lawsuit against the SEC, contesting the agency's expanded regulatory control over Ethereum. Additionally, the "Buy Bitcoin" sign, famously displayed behind Janet Yellen during a 2017 congressional hearing, was auctioned for over $1 million, highlighting its cultural significance in the crypto community.

Top Stories:

Stripe partners with Polygon: Reintroduces crypto payments in USDC, starting with Twitter.
ConsenSys sues SEC: Disputes SEC's expanded authority over Ethereum.
"Buy Bitcoin" sign auctioned: Iconic sign fetches over $1 million, underscoring its symbolic value in crypto culture.

FUNDRAISES

gmove world.
Today we are thrilled to announce our $38M Series A led by @polychain
— Movement (@movementlabsxyz)
3:01 PM • Apr 25, 2024

#NATIX is proud to announce the completion of a $4.6M strategic round 💰
We thank those who trust us and continue supporting the NATIX Network ❤️
We're on a mission to bring #DePIN and #Web3 innovation to everyone 👇
natix.network/blog/natix-sec…
— NATIX Network (@NATIXNetwork)
4:26 PM • Apr 25, 2024

OTHER HEADLINES

Polygon Labs COO Michael Blank to step down as the company axes the exec role

Blank will remain at Polygon Labs over the next few months as he transitions out of the role.

www.dlnews.com/articles/people-culture/matic-polygon-labs-coo-michael-blank-steps-down

a16z Crypto recommends startup founders ‘never publicly sell tokens’ in US

Due to a lack of proper crypto regulations, many startups are avoiding issuing tokens in the U.S. entirely.

cointelegraph.com/news/a16z-crypto-recommends-startup-founders-never-publicly-sell-tokens-us

Solana ‘Chapter 2’ Airdrops Could Cover the Price of the Phone - Decrypt

Solana Saga Chapter 2 pre-orders could have their price offset by new MEW and MANEKI airdrops.

decrypt.co/228171/solana-chapter-2-phone-maneki-mew-airdrops

CRYPTO TWITTER (X)

base now has the most USDC after Ethereum
— Jesse Pollak (jesse.xyz) 🛡️ (@jessepollak)
2:29 PM • Apr 25, 2024

Today, Consensys took an important step towards preserving access to ether and by extension the Ethereum blockchain in the U.S. We are suing the SEC and fighting back against its overzealous regulatory overreach. You can find more of my thoughts here:
… twitter.com/i/web/status/1…
— Joseph Lubin (@ethereumJoseph)
6:23 PM • Apr 25, 2024

Solana has established itself as “the third chain,” with its unique blockchain architecture, dedicated developer base, and robust community. Prioritizing speed and low costs, #Solana is poised to expand its market presence throughout 2024, attracting new users and drawing current… twitter.com/i/web/status/1…
— Galaxy (@galaxyhq)
6:01 PM • Apr 25, 2024

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