Tagged: alex adelman

Lolli Founder Comments on Brazil Approving Legislation Regulating Crypto

Yesterday, the Brazilian President signed into law a framework for regulated crypto. Law 14,478/22 determines the guidelines for regulating the provision of virtual asset services. Digital assets deemed to be securities will be regulated by the Brazilian Securities and Exchange Commission. Another entity will regulate… Read More

Crypto Calamity: Comments on FTX Disaster – “FTX has irrevocably changed the crypto ecosystem”

Perspective on the FTX disaster has been filtering in as more details surface. Below are several recently received observations from various industry insiders. Alex Adelman, CEO & Co-founder of Lolli – a Bitcoin rewards app, says the implosion of FTX has “irrevocably changed the crypto… Read More

Lolli Turns Any Credit Card into a Bitcoin Rewards Card

Bitcoin reward app Lolli says its new version app on iOS and Android will incorporate “Lolli Card Boosts” – a feature designed to allow users to earn up to 10%  in Bitcoin rewards for in-store purchases. Lolli explains that with Boosts, anyone’s credit or debit… Read More

Lolli CEO Slams New York’s Crypto Mining Ban

The New York state legislature has approved a bill that would commence a moratorium on crypto mining operations. The bill was designed as an attempt to mitigate emissions caused by crypto mining which tends to be an energy-intensive process as servers compete to create and… Read More

Bitcoin Rewards Company Lolli Inks StubHub Deal

Bitcoin rewards company Lolli today announced a partnership with StubHub. It will give users the ability to earn up to six per cent bitcoin back on tickets for sporting events, theatre and concerts. StubHub will join more than 1,000 other retailers offering bitcoin rewards with… Read More

Bitcoin Rewards Firm Lolli Raises $10 Million Series A

Bitcoin rewards startup Lolli has closed on a $10 million Series A funding round, according to a note from the company. The funding was led by Acrew Capital with participation from Banana Capital, Up North Management, and Animal Capital. Investments included the backing from social… Read More

Bucking the Tide: Shopify Joins Libra Consortium

In a release today, Shopify announced that it had joined the Libra Association, the entity in charge of launching Facebook’s proposed non-sovereign digital currency. Shopify appears to have ignored the trend where multiple members have exited the consortium as it has become more apparent that… Read More

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