🌙 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.

Author

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.

TOP STORIES

Stripe Brings Back Crypto Payments Via USDC Stablecoin

The payments firm stopped taking crypto payments in 2018 due to bitcoin’s high volatility.

www.coindesk.com/business/2024/04/25/stripe-brings-back-crypto-payments-via-usdc-stablecoin

Consensys Sues SEC Over ‘Unlawful Seizure Of Authority’ Over Ethereum

By offering their MetaMask wallet software, the SEC says Consensys is acting as an unregistered securities broker.

www.coindesk.com/policy/2024/04/25/consensys-sues-sec-over-unlawful-seizure-of-authority-over-ethereum

‘Buy Bitcoin’ sign that photobombed Janet Yellen sells for $1M

The “Buy Bitcoin” sign that was shown behind Janet Yellen at a televised 2017 Congressional hearing has sold for over $1 million.

cointelegraph.com/news/buy-bitcoin-sign-behind-janet-yellen-auction-1-million

FUNDRAISES

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

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