Mastercard has recently launched a new service called “Crypto Credential” that aims to simplify peer-to-peer crypto transfers for the average user. This innovative service allows users of select crypto exchanges to send and receive digital assets using a Mastercard Crypto Credential Alias instead of complicated blockchain addresses. The main goal of Mastercard’s Crypto Credential service
Blockchain
In a recent press release, Magic has announced a groundbreaking partnership with Etherlink to revolutionize Tezos dApp development. This collaboration is set to bolster the growth of the web3 community by incorporating enhanced scalability and security features into the development process. By joining forces, Magic and Etherlink aim to provide cutting-edge services and solutions that
Recently, HTX (formerly known as Huobi) achieved a significant milestone by surpassing US-based Coinbase in daily spot trading volumes. Justin Sun, a prominent figure in the TRON blockchain and an investor in HTX, proudly shared this accomplishment on social media. The platform traded $1.81 billion worth of cryptocurrencies in a 24-hour period, outshining Coinbase’s $1.58
Cambodia’s Central Bank Governor, Chea Serey, recently disclosed the potential of the Central Bank Digital Currency (CBDC) Bakong in boosting the adoption of Cambodia’s local currency, the Riel. Despite over 80% of the country’s economy relying on the US dollar within a dual-currency system, there is a push by the government to encourage the use
Ryan Salame, a former executive at FTX and an associate of Sam Bankman-Fried (SBF), has recently been sentenced to 7.5 years in prison along with a combined total of $11 million in forfeiture and restitution. This harsh sentencing comes in the wake of criminal charges that arose from his time at SBF’s crypto exchange. Despite
Recent reports have surfaced indicating that a cryptocurrency wallet linked to former President Donald Trump holds assets valued at approximately $10 million. This wallet contains various tokens, including MAGA tokens, Ethereum (ETH), and MAGA VP tokens. The largest portion of the wallet consists of TRUMP tokens, totaling $7.12 million, alongside 463.441 ETH and 1 million
Binance, the largest shareholder of the South Korean cryptocurrency exchange Gopax, recently sold the asset claims of Gopax victims at a discounted rate, leading to substantial financial losses for investors. This move contradicted Binance’s initial promise to fully compensate victims of the virtual asset deposit service ‘GoFi’, further raising concerns about the platform’s credibility. Financial
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 proactive move by the EU aims to enhance data security for users by leveraging the capabilities of blockchain technology. The
Recently, the crypto community was shaken by a series of hacks targeting popular influencers on Twitter. One such influencer, known as GCR, had their account compromised leading to a surge in the prices of ORDI and Luna 2.0 tokens. The hacker behind the attack posted promotional content which resulted in momentary price increases before GCR
The recent report from the Russian Central Bank highlights a significant increase in transactions on crypto exchanges and peer-to-peer trading platforms by Russian citizens. This surge in activity has raised concerns about the potential risks and implications for the financial stability of the country. In this article, we will delve deeper into the observations made
