Mastercard has recently introduced its innovative “Crypto Credential” service, which aims to simplify the process of peer-to-peer crypto transfers for everyday users. By utilizing user-friendly aliases instead of cumbersome blockchain addresses, Mastercard is revolutionizing the way digital assets are sent and received. One of the key features of the Mastercard Crypto Credential service is its
Blockchain
Magic has recently announced a partnership with Etherlink to enhance Tezos dApp development by focusing on scalability and security. This collaboration aims to support the growth of the web3 community and facilitate the transition to web3 technologies while offering innovative services and solutions. By combining Magic’s expertise with Etherlink’s non-custodial, EVM-compatible Tezos layer two solution,
In a recent interview at the Nikkei’s Future of Asia conference, Central Bank Governor Chea Serey discussed the potential impact of the Central Bank Digital Currency (CBDC) Bakong on Cambodia’s economy. She revealed that the Bakong could increase the adoption of Cambodia’s Riel currency by facilitating cross-border QR payments, potentially transforming the country’s currency system.
HTX, formerly known as Huobi, made headlines on May 27 by exceeding US-based Coinbase in daily spot trading volumes for the first time ever. The influential figure behind the TRON blockchain, Justin Sun, who is also one of the investors at HTX, shared the milestone on social media. He revealed that HTX traded $1.81 billion
In a recent development, Ryan Salame, a former executive at FTX, has been sentenced to 7.5 years in prison and required to forfeit a total of $11 million for his involvement in criminal activities related to the crypto exchange. Salame had initially requested a much shorter sentence of 18 months, but prosecutors argued for a
Former President Donald Trump, a prominent figure in Republican politics, has made headlines with his cryptocurrency holdings. A wallet linked to Trump reportedly contains assets valued at approximately $10 million. This includes TRUMP tokens worth $7.12 million, 463.441 ETH valued at $1.84 million, and 1 million MAGA VP tokens estimated at $509,000. The total value
Binance, as the largest shareholder of the South Korean cryptocurrency exchange Gopax, made headlines when it sold the asset claims of Gopax victims at less than half their face value on May 27. This discounted sale resulted in significant financial losses for investors and went against Binance’s initial promise to fully compensate victims of the
The European Blockchain Observatory and Forum (EUBOF), an initiative of the European Commission, recently released a report urging the European Union (EU) to prepare for the integration of blockchain technology and artificial intelligence (AI). This initiative is aimed at enhancing data security for users and promoting innovation in various sectors. The report highlights the potential
In a recent incident involving popular crypto influencer GCR on Twitter, scammers managed to compromise their account and post misleading information about the price of the ORDI token. This resulted in temporary price surges for both the ORDI and Luna 2.0 tokens. Following the hack, GCR urged their followers to ignore any promotional content coming
Recently, the Russian Central Bank has reported a significant increase in crypto transactions among its citizens. The bank conducted a financial stability report, highlighting the surge in activity on cryptocurrency exchanges and peer-to-peer trading platforms. This trend was observed from the fourth quarter of FY2023 to the first quarter of FY2024. Key Findings According to