Mastercard Launches Crypto Credentials P2P Pilot Program
Mastercard has initiated a pilot program for its innovative crypto credentials system, aimed at enhancing the security and efficiency of cryptocurrency transactions. This initiative marks a significant step in the…
Survey Reveals Most Gamers Unfamiliar with Blockchain Gaming
Despite the growing buzz around blockchain games like Axie Infinity, Gods Unchained, Star Atlas, Decentraland, and The Sandbox within the blockchain community, their penetration into the mainstream gaming community remains…
Uplink CEO Predicts Next $1 Trillion Firm to Emerge from DePIN Sector
The rapid expansion of the decentralized physical infrastructure network (DePIN) sector suggests that the next $1 trillion enterprise could emerge from this innovative field. Uplink’s co-founder and CEO, Carlos Lei…
Binance France President Highlights TradFi Investment Surge Due to Bitcoin ETFs
The recent approval of spot Bitcoin exchange-traded funds (ETFs) in the United States has marked a significant shift in the landscape of traditional finance (TradFi), creating a robust channel for…
Hashdex Retracts Application for Spot Ether ETF
Investment manager Hashdex recently withdrew its application for a spot Ether exchange-traded fund (ETF), a notable development in the evolving landscape of cryptocurrency investment products. This decision came shortly after…
Dorsey-Backed Bitcoin Mining Pool Establishes Headquarters in El Salvador
Ocean Mining, a Bitcoin mining pool endorsed by Jack Dorsey, co-founder of Twitter (now X), is establishing a significant operational base in El Salvador, positioning itself as a global player…
Gemini Distributes $2.18 Billion to Earn Users After 18-Month Freeze on Withdrawals
Gemini, a prominent crypto exchange, has initiated the restitution of funds to users of its discontinued lending program, Gemini Earn. This move comes after an 18-month suspension of withdrawals, marking…
PayPal Extends PYUSD Stablecoin to Solana for Enhanced Payment Solutions
PayPal has strategically selected the Solana blockchain to broaden the utility of its stablecoin, PayPal USD (PYUSD), marking a significant expansion beyond its initial deployment on the Ethereum network. This…
Animoca Co-Founder Forecasts Crypto Market Value to Reach $200 Trillion in a Decade
In a recent episode of The Valr Podcast, Yat Siu, co-founder of the Hong Kong-based gaming software company and venture capital firm Animoca Brands, offered a highly optimistic projection for…
Hospitality Employee Sentenced for Laundering $2.5 Billion in Bitcoin
A hospitality worker in the United Kingdom has been sentenced to six years and eight months in prison after being convicted in a specialized court for laundering $2.5 billion worth…
Israel Initiates Digital Shekel CBDC Pilot for Payment Solutions
Israel is set to accelerate the development of its central bank digital currency (CBDC), the digital shekel, aiming to revolutionize its digital payments landscape. The Bank of Israel (BoI) is…
Regulatory Warning Prompts Ownership Transition at Binance France
In a significant shift in its corporate structure, Binance France has introduced new shareholders who now hold complete and equal ownership of the company. This change was propelled by a…
Analyst Reports $2.7 Billion Spent on Electricity for US Bitcoin Mining in 2024
In the first few months of 2024, Bitcoin miners in the United States incurred a substantial financial outlay for electricity, totaling approximately $2.7 billion. This spending underscores the significant energy…
Texas Regulators Uncover Fraud in Arkbit Crypto Mining Operations
The Texas State Securities Board (TSSB) has taken decisive action by issuing a cease and desist order to Arkbit Capital for its involvement in fraudulent cryptocurrency cloud mining activities. This…
Memecoin Surge Displaces Cardano from Top 10 Cryptocurrency Rankings
The cryptocurrency market has recently witnessed an explosive rise in the popularity of memecoins, significantly altering the landscape of top crypto rankings. In a notable shift, Shiba Inu has overtaken…
Increase in Crypto and Romance Scams on Canadian Dating Platforms
As summer approaches, Canadian dating platforms are becoming hotspots for crypto scammers, targeting users seeking romantic connections. These scammers are luring unsuspecting individuals into costly traps, causing significant financial losses…
MoonPay Rolls Out Web3 Tools to Boost Brand Digital Experiences
MoonPay, a prominent player in the crypto infrastructure sector, is expanding its horizons with the introduction of a new platform focused on Web3 tools designed to revolutionize digital experiences for…
Memecoin Programmed with ChatGPT Hits $638M Market Valuation
The cryptocurrency market has witnessed an extraordinary surge in the valuation of a memecoin named Turbo, which was developed using the AI chatbot ChatGPT. From a modest initial budget of…
Vitalik Buterin Advocates Crypto’s Right to Redefine ‘Inflation’
Vitalik Buterin, Ethereum’s co-founder, has recently ignited a discussion about the definition of inflation, claiming that the crypto community has already redefined this economic term in a way that diverges…
$80K Bitcoin Exploit on BNB Chain: Investigating a Potential White Hat Hacker
The BNB Chain recently experienced a potential exploit resulting in the loss of approximately $80,000 in Bitcoin. This amount, while relatively minor compared to typical cryptocurrency exploits, has sparked significant…