DeFI News by Thebittimes.Com

Payments giant Mastercard has added seven startups to its Start Path program to make cryptocurrencies more accessible. “We’re welcoming a new cohort of startups to ease access to digital asset s, build communities for creators and empower people to innovate for the future through Web3 technologies,” said Mastercard. Mastercard: ‘Anyone Who Uses Crypto Should Be Able to Do so Simply and Safely’ Payments giant Mastercard announced Thursday that seven startups from around the world have joined its Start Path program. The announcement details: Through the Mastercard Start Path global startup engagement program, we work with digital asset, blockchain and cryptocurrency-based companies that share a vision to make blockchain technology and digital assets more accessible. “We’re welcoming a new cohort of startups to ease access to digital asset s, build communities for creators and empower people to innovate for the future through Web3 technologies...

According to Dappradar’s latest crypto industry report that covers 2022’s third quarter, the crypto economy and its participants are “riding out the bear market.” However, these days a number of macroeconomic events have influenced the crypto market, and Dappradar researchers say it’s currently “impossible to foresee a worldwide expansion of cryptocurrencies without a general recovery in conventional financial markets.” Dappradar Report Highlights Crypto Economy’s Slow but Steady Recovery The crypto industry is still dealing with the crypto winter and the latest report from Dappradar indicates that markets and participants are trucking through the storm. For instance, following the Terra collapse, the decentralized finance (defi) and decentralized app (dapp) industry has consolidated after taking heavy losses. Dappradar’s report shows that bitcoin (BTC) and ethereum (ETH) have remained roughly around the same price sin...