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Top Headlines for 27 September, 2022

Mastercard: Bored Apes, Moonbirds NFTs on Custom Debit Cards

Mastercard has partnered with European crypto exchange Hi which allows its gold members to personalize their debit cards with images of verifiably owned NFTs. It will enable these card holders to personalize the face of their card by adding characters from certain NFT artworks.

The cards will be made available within 25 European Economic Area (EEA) countries and the United Kingdom. They will sport a limited range of NFT collections, including CryptoPunks, Moonbirds, Goblintown, Bored Ape and Azuki.

Apple Allows NFT Sales On Its App Store

Apple has added support for NFTs that can be purchased and sold via applications listed on its App Store. Developers will be able to sell NFTs in-app, and new apps will allow users to receive NFTs and to hold these assets within them. Unfortunately, Apple has imposed its standard commission of 30% on such in-app purchases, a rate that is in line with Android’s app store Google Play.

The commission rates have been lambasted by many as “grotesquely overpriced”, especially when compared to the standard commission charged by NFT marketplaces, which are around 2.5%. Apple has also made it obligatory that transactions be done in U.S. Dollars; cryptocurrency payments are not allowed as an option.