Rock legend Gene Simmons says he will accept crypto payments for the sale of his $13.5 million mansion in Las Vegas. The iconic bassist and co-lead singer of Kiss will accept payments in or a combination of Bitcoin, Ethereum, Litecoin, Uniswap, Polkadot, Aave or Try.Finance according to hard rock news site, Blabber Mouth.
Listing broker Evangelina Duke-Petroni from Berkshire Hathaway Home Services told the Las Vegas Review-Journal in a Feb 1 interview that any potential crypto payment for the property would have to be “verified through closing costs, including taxes and commissions.”
The three-level mansion sprawls across over 11,000 square feet in the Ascaya luxury community overlooking the Las Vegas skyline. Although Duke-Petroni didn’t provide any further clarification, she did add the property will “be paid in a currency that’s recognized by traditional standards.”
Simmons describes himself as an “outspoken proponent of cryptocurrency.” He said:
“It is the future of money, and it just makes sense to offer interested parties the option of using cryptocurrency to purchase the estate."
The New York Digital Investment Group, or NYDIG, has launched a benefit program allowing employees of participating companies to convert a portion of their paychecks into Bitcoin.
In a Tuesday announcement, the NYDIG said several firms involved with sports, entertainment and digital currencies would be among the first to offer the crypto payments, including Everbowl, MVB Bank, StretchZone, crypto analytics firm The TIE, crypto mining firm Iris Energy and Fertitta Entertainment — the conglomerate behind restaurant giant Landry's and the National Basketball Association’s Houston Rockets. Company employees who participate in NYDIG’s Bitcoin Savings Plan can choose how much of their pay will be converted into Bitcoin (BTC), with no transaction or cold storage fees.
NYDIG chief innovation officer Patrick Sells said the BTC payment plan was aimed at letting companies offer a benefits package to prospective employees interested in “protecting their financial futures.” According to a recent survey conducted by the firm, 36% of workers under 30 said they would be interested in receiving part of their salary in BTC, with roughly 33% opting for an employer offering payment plans in crypto as opposed to those solely in fiat or other benefits.
"Offering cutting edge benefits [...] helps ensure that we are appealing to the new generation entering the workforce and allows us to attract and retain some of the best talent in the industry,” said Fertitta Entertainment owner and CEO Tilman Fertitta.
Employees are asking to be #PaidInBitcoin, and we listened. With our new Bitcoin Savings Plan, companies can now offer an innovative compensation perk for employees to securely buy, sell, and hold #Bitcoin without incurring any transaction or storage fees. https://t.co/HLCaQPuwTr pic.twitter.com/raYkWiscLD February 1, 2022
ConsenSys announced Tuesday that it had acquired MyCrypto, the Ethereum wallet interface provider, adding it to the software company's product suite. Its intent is to merge MyCrypto with the ConsenSys-owned MetaMask wallet, to "improve the security of all the products and create a cohesive user experience across desktop, mobile, extension and browser wallets."
We are very excited to bring the @MyCrypto team to @MetaMask! The two teams have been friends and Ethereum colleagues with shared values since 2016.
Together we will continue to build increasingly user-centric, extensible, and decentralized products.https://t.co/A7y8pkrg7f February 1, 2022
MetaMask currently has 21 million monthly active users, according to its website, and is one of the fastest-growing non-custodial Ethereum wallets and browser extensions. MetaMask co-founder Dan Finlay said that he expects that the combination between MetaMask's mobile apps and browser extensions and MyCrypto's web product and desktop application will "connect people to the world of Web3 in even more ways."
Similarly, MyCrypto explained in a blog post how it will be working together with MetaMask "to lead the way to Web3" and that they have a shared goal to "build the perfect wallet." The characteristics of an ideal wallet include becoming increasingly decentralized and trustless, prioritizing user security and safety and providing seamless access across various user accounts, protocols and networks.
MyCrypto clarified that the user experience will not be changing in the short term, apart from small updates like UX improvements, network handling, error messages and a dark mode. Neither is any action needed from MyCrypto or MetaMask users at this time. In the long-term, however, both wallets will reportedly "slowly" merge into a "comprehensive, Ethereum-first suite of open-source, non-custodial product offerings.
According to ConsenSys, MetaMask co-founders Dan Finlay and Aaron Davis, alongside MyCrypto founder Taylor Monahan, will lead the new desktop, mobile, extension and browser product team, while MyCrypto’s 12 employees will join ConsenSys.
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