ChainCatcher news, according to its Q1 2024 filing, Latin American e-commerce giant Mercado Libre holds over $40 million in cryptocurrency. The company revealed that as of March 31, it held 412.7 bitcoins and 3,041.6 ethers.However, its Chief Information Officer Richard Cathcart explained: "Mercado Libre does not own these assets; the company liquidated its cryptocurrency in 2023. This document reflects the fact that we provide users the ability to buy, hold, and sell. But currently, we do not have any ourselves."

ChainCatcher news, the Japanese e-commerce platform Mercari announced that it will start accepting Bitcoin (BTC) payments from June this year. Mercari will process Bitcoin payments through its crypto subsidiary Melcoin based in Tokyo, and Melcoin will convert all BTC payments into Japanese yen, meaning that while buyers can choose to pay with BTC, sellers will receive fiat currency.

ChainCatcher news, eBay has announced the completion of its acquisition of digital ID authentication company Certilogo, with the financial terms of the deal undisclosed. The Certilogo team will join eBay. Through this acquisition, eBay aims to reduce counterfeit products with anti-counterfeiting digital products.It is reported that Certilogo is a company that provides AI-driven digital IDs and authentication for apparel and fashion goods. Certilogo uses digital technologies such as NFTs and blockchain to help brands digitize physical clothing products.

ChainCatcher news, according to the official tweet, The Moment3! has strategically partnered with Alibaba's cross-border e-commerce platform AliExpress to issue NFTs. Today marks the start of the first round of airdrops, with The Moment3! airdropping 300 NFTs (valued at 0.88 ETH equity) to strategic partners. The total issuance is 5555 NFTs, with 4500 allocated for strategic cooperation with AliExpress. Users can switch to the Korean region within the AliExpress app to complete tasks and earn NFT whitelist spots for free. (Source link)

ChainCatcher news, Paxos is collaborating with Latin American e-commerce giant Mercado Libre to launch a regulated Pax Dollar in Mexico. Paxos stated in a release on Wednesday that this dollar-backed stablecoin will be available to all customers in the country on the Mercado Pago payment platform.It is reported that Mercado Pago has nearly 40 million active users and is the leading online payment provider in Mexico. Paxos stated that this collaboration represents a continuation of its investment in Latin America. (Source link)

ChainCatcher news, the blockchain-based e-commerce metaverse platform Playbux announced a collaboration with global streaming company iQIYI to launch the "Watch to Earn" feature, aimed at allowing users around the world to enjoy high-quality and free content. Users can enter the "iQIYI Building" on the Playbux metaverse platform to access programs and movies provided by iQIYI that qualify for the "Watch to Earn" feature. After reaching a certain viewing duration, they can participate in a lottery to win rewards such as NFTs and BUSD. (Source link)

ChainCatcher news, the blockchain-based e-commerce metaverse platform Playbux has completed a $2 million seed round financing, led by Binance Labs, with participation from Gate.io, Tron, CertiK, Ankr, IMO Ventures, LIF, Math Wallet, and OFR.Playbux is a metaverse platform that has established a Shop & Earn system, allowing users to shop at over 20,000 merchants worldwide and earn cash back. Playbux stated that it will launch more Earn mechanisms in the future.

ChainCatcher news, the e-commerce composable checkout platform Rally has announced the completion of a $12 million Series A funding round, led by March Capital, with participation from Felix Capital, Commerce Ventures, Afore Capital, Alumni Ventures, and Kraken Ventures.Rally's checkout solution allows merchants to freely design and implement customized checkouts that best suit their teams. The platform will use this new funding to strengthen its team, penetrate enterprise and international markets, and expand integrations with e-commerce platforms like Swell and BigCommerce, e-commerce tools like Salesforce Commerce Cloud, and payment channels like Affirm and AfterPay. Additionally, it will build Web3 features and allow merchants to accept cryptocurrencies at checkout. (source link)

ChainCatcher news, according to Decrypt, the decentralized e-commerce platform OpenBazaar will be rebooted. OpenBazaar CEO Brian Hoffman has confirmed that it is rebuilding the marketplace but declined to provide further details.It is reported that OpenBazaar provides a decentralized e-commerce platform for consumers and sellers and supports cryptocurrency payments. The platform shut down at the end of 2020 due to funding issues. (Source link)

ChainCatcher news, e-commerce giant eBay announced a partnership with virtual event platform Notable Live, combining eBay's collectibles marketplace with Notable Live's features to provide a platform for sports fans to connect with athletes.It is reported that eBay's venture capital arm, eBay Ventures, previously led Notable Live's Series A funding round. (source link)

ChainCatcher news, the metaverse-as-a-service (MaaS) platform Emperia announced the completion of a $10 million Series A funding round, with participation from Sony Innovation Fund, Stanford Capital Partners, Base10 Partners, Daphi, Concept Ventures, Background Capital, and others.It is reported that the metaverse platform built by Emperia can create immersive virtual shopping experiences for brands in the retail industry and establish metaverse stores. Its partners currently include luxury giants such as Bloomingdales, Dior, and Lacoste. (source link)

ChainCatcher news, metaverse e-commerce company The Edit LDN has completed a $4.8 million seed round financing, led by Regah Ventures, with participation from sports stars such as Xavier McKinney of the New York Giants, PJ Tucker of the NBA, and Jesse Lingard of the Premier League.The Edit LDN is one of the first sneaker e-commerce companies to accept cryptocurrency payments and has already entered the metaverse through Bloktopia to build a global sneaker platform. The new funds will be used for the company's expansion in the U.S., Middle East, and North Africa markets. (source link)

ChainCatcher news, Miami-based Web3 e-commerce company Spindl has completed a $7 million funding round, led by DragonFly Capital and Chapter 1, with participation from Polygon Ventures, Tribe Capital, Multicoin, Solana Ventures, and others. The new funds will be used to expand hiring.According to reports, Spindl founder García Martínez stated that the company aims to rebuild the fundamental infrastructure of Web2 e-commerce for Web3, specifically how internet businesses track where their customers come from and develop customer acquisition strategies to attract more users. For example, Spindl can analyze Discord posts, Reddit forums, advertisements, and other internet links, pairing this data with on-chain behaviors such as purchases, sales, and trades to create profiles that help protocols understand traffic sources. (source link)

ChainCatcher news, the Web3 e-commerce platform Rye has announced the completion of a $14 million funding round, led by a16z Crypto, with participation from Goat Capital, Solana Ventures, Electric Ant, Electric Feel Ventures, L Catterton, former Tilt founder James Beshara, and NBA veterans Andre Iguodala and JaVale McGee.It is reported that Rye was founded by Twitch co-founder Justin Kan, aiming to create "the Shopify of the Web3 space." Rye will seek to reduce e-commerce costs using crypto tokens by providing participants with the cryptocurrency "Rye" (which can be used to pay transaction fees). Rye will offer a one-click application programming interface (API) for merchants to showcase some or all of their products on Rye's own marketplace. Rye will also provide developers with a product catalog to embed into their own websites and applications, which is significantly different from centralized e-commerce platforms like Amazon and Shopify. (source link)

Chain Catcher news, MicroStrategy is hiring a full-time Bitcoin Lightning Software Engineer to build a SaaS platform based on the Lightning Network, providing innovative solutions for enterprises to tackle cybersecurity challenges and supporting new e-commerce use cases. (Source link)

Chain Catcher news, Indian e-commerce giant Flipkart announced a collaboration with Meta and Polygon to launch the metaverse product "Flipverse" during the local Diwali festival. Consumers can access Flipverse through any mobile device or browser and walk around and shop in the metaverse 3D-rendered store with virtual avatars.According to previous reports, Flipkart established an innovation department, Flipkart Labs, in April this year to explore the metaverse and Web3 fields. (Source link)

Chain Catcher news, FTX US has reached an exclusive partnership with GameStop to launch in-store offline events and e-commerce programs. This collaboration will allow GameStop users to learn more about the FTX US brand and receive exclusive gift card rewards offered by FTX US. (Source link)