In a recent announcement, Gucci announced it would be accepting ApeCoin (APE) through BitPay, an affiliate of the Bored Ape Yacht Club. As a result, Gucci will allow you to exchange APE for US dollars, which you can spend at its stores.
Swiss luxury watchmaker TAG Heuer has followed the Italian fashion house in accepting ApeCoin. The brand announced in June that it will integrate BAYC NFTs into its Calibre E4 digital watch, and now they will allows US customers to purchase timepieces using APE, also through BitPay.
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As it grapples with the ever-tightening leash of American crypto enforcement, Binance sets its sights on UK regulation, a significant pivot in its strategic blueprint. In a candid admission of the trying circumstances in the US market, Binance's top strategy executive concedes to the mounting difficulties that the crypto giant is facing.
The recent FT Live Conference on crypto and digital assets was a treasure trove of insights, offering a kaleidoscope of perspectives from industry leaders who are shaping the future of the digital economy. Their collective wisdom, delivered through engaging discussions and thought-provoking debates, painted a comprehensive picture of the evolving crypto landscape. As an invited press participant, YFarmX is delighted to share a recap of the event, and shed light on the opportunities and challenges that lie ahead.
Do Kwon, the former CEO of Terraform Labs and co-founder of the Terra blockchain ecosystem, has been arrested in Montenegro, according to a series of tweets by the country's Minister of Interior, Filip Adzic. Do Kwon's arrest has sent shockwaves through the crypto community, leading to a significant drop in the value of Terra's native LUNA tokens.