On Tuesday morning, Regal, a movie operator of more than 500 locations and 7,000 screens in 42 states plus D.C., announced it would be partnering with digital payment network Flexa to enable its customers to pay with crypto for movie tickets, food, and beverage. Regal will accept a wide variety of coins and tokens, such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Doge (DOGE), USD Coin (USDC), DAI (DAI), Gemini Dollar (GUSD), Chainlink (LINK), Cosmos (ATOM), Basic Attention Token (BAT), and more. Flexa is known for its ability to guarantee payments for real-world applications. In times of peak activity on …

Odell Beckham Jr., wide receiver for the Los Angeles Rams football team, has said he will be taking all of his $4.25 million National Football League salary in Bitcoin. In a Nov. 22 post to his Twitter account, Beckham said he would be partnering with Cash App to take his next NFL salary in Bitcoin (BTC). National Insider reporter Ian Rapoport said earlier this month that Beckham would be earning a $750,000 base salary on top of a $500,000 signing bonus in addition to $3 million in other incentives, totaling $4.25 million for the 2021 season. It's a NEW ERA …

The New York Digital Investment Group will be paying the National Basketball Association’s Houston Rockets franchise in Bitcoin as part of a partnership aimed at promoting crypto education and adoption. In a Nov. 16 announcement, the Houston Rockets said the New York Digital Investment Group, or NYDIG, would become the team’s official Bitcoin (BTC) services partner and platform. As part of the partnership, NYDIG is planning to name some of the Rockets’ premium seating at the Toyota Center in Houston the ‘Bitcoin Suites.’ The deal with the NYDIG seems to be part of a larger strategy for Rockets owner Tilman …

Bitcoin is set to undergo a major network upgrade, Taproot, in nearly two days, i.e., on Nov. 14 or 255 blocks later, as per data from Taproot.watch. This is the first significant upgrade since the Segregated Witness (SegWit), which eventually culminated in the development and launch of the Lightning Network in 2018. The original Taproot proposal was made by Bitcoin core contributor and former Blockstream chief training officer Gregory Maxwell on Jan 23, 2018. While the previous SegWit upgrade was aimed to resolve transaction malleability and improve the scalability of the Bitcoin network, the Taproot upgrade is targeted to improve …

Crypto payment gateway Bitfinex Pay has integrated with MetaMask, the popular browser and wallet extension powered by ConsenSys, potentially opening the door to tens of millions of users. The integration, which officially went live on Friday, gives Metamask’s more than 10 million active users access to Bitfinex Pay. By logging into their wallet, MetaMask users will have the ability to send and receive cryptocurrency payments directly through the payment gateway. Merchants wishing to accept payments through Bitfinex Pay must first register an account and verify their identity with Bitfinex, the parent company of the payment platform. Once verified, merchants can …

Newly elected New York City Mayor Eric Adams has reiterated his pledge to make the city a crypto hub by accepting his first three paychecks entirely in Bitcoin. In a Nov. 4 response on Twitter to Francis Suarez — re-elected for another term as of Tuesday — Adams said he would be matching the Miami mayor’s pledge to accept his next paycheck in Bitcoin (BTC) in addition to the following two payments. Assuming Adams accepts a base salary of $258,750, his monthly paychecks would be roughly $21,562 each, a total of 1.05 BTC at a price of $61,268. In New …

Francis Suarez, who has served as the mayor of Miami since 2017, has said he’s going to take the next paycheck in Bitcoin. In a Nov. 2 Twitter post, Suarez said he aimed to be the first U.S. lawmaker at the state or federal level to accept part of his salary in Bitcoin (BTC). Public records show the Miami mayor’s salary was $97,000 annually between 2016 and 2017, meaning he would receive a monthly paycheck of more than $8,000 or 0.13 BTC at a price of $63,404 assuming residents did not vote to increase his compensation for public service. Suarez …

Aaron Rodgers, quarterback for the Green Bay Packers football team, has said he will be taking part of his National Football League salary in Bitcoin. In a video posted to his Twitter account on Nov. 1, Rodgers — dressed as fictional character John Wick, likely for Halloween — said he would be partnering with Cash App to take a portion of his salary in Bitcoin (BTC). The NFL reported in July that Rodgers would be earning a $1.1 million base salary on top of a $14.5 million signing bonus and a $6.8 million roster bonus from March, totaling roughly $22.3 …

Crypto adoption scores another win with the Ivy League University of Pennsylvania, but there’s a catch. The Wharton School, one of the premier business schools in the United States, will accept Bitcoin (BTC) and other forms of cryptocurrencies for tuition fees, Bloomberg reports. However, the adoption is limited to its new online blockchain and digital assets program scheduled to start in January. Titled Economics of Blockchain and Digital Assets, the six-week program costs $3,800, and the university expects to attract thousands of students each year. The Wharton School will use Coinbase Commerce, the e-commerce platform of the United States-based crypto …

Tesla, the majo electric vehicle manufacturer headed by Dogecoin proselytizer Elon Musk, has hinted that it may soon look to restore support for crypto payments. In a September quarterly filing with the U.S. Securities and Exchanges Commission (SEC), the firm stated it “may in the future restart the practice of transacting in cryptocurrencies,” suggesting Tesla is eying resuming support purchases made using digital assets. The company also expressed its long-term belief in crypto assets as a store of value and means of payment, stating: “We believe in the long term potential of digital assets both as an investment and also …

As a result of El Salvador’s mainstream Bitcoin (BTC) adoption, Volaris El Salvador, a local subsidiary of budget Mexican airline Volaris, will accept Bitcoin as payment. The Bitcoin move comes a month after Salvadoran aviation authorities gave Volaris’ local subsidiary permission to operate in the country. Salvadoran President Nayib Bukele took to Twitter to announce that the airline would accept Bitcoin. Ya tenemos aerolínea salvadoreña, de bajo costo y que acepta #Bitcoin @viajaVolaris pic.twitter.com/mMqzxtOYhA — Nayib Bukele (@nayibbukele) October 20, 2021 In a recent Volaris event hosted on Twitter, President Bukele highlighted that the ability to pay with Bitcoin and …

United States fintech giant Stripe is hiring a new blockchain team to enable crypto payments for its users. The $100-billion company is returning to the crypto sector three years after it pulled back from offering Bitcoin (BTC) support due to its slow transaction times and rising fees. According to a job listing page on Stripe’s website, the firm is looking for four “Staff Engineers” with experience in the crypto sector. Guillaume Poncin, the head of engineering, stated on Twitter on Tuesday that he’s looking for engineers and designers to “build the future of Web3 payments.” The listing outlines that the …