Mastercard’s latest innovation, the “Crypto Credential” service, has officially been launched, marking a significant advancement in the world of cryptocurrency transactions. This new service aims to simplify peer-to-peer crypto transfers for the average user, eliminating the need for complicated blockchain addresses that are often difficult to understand. User-Friendly Aliases One of the key features of
Blockchain
Magic’s recent partnership with Etherlink aims to enhance Tezos dApp development through improved scalability and security. By leveraging Etherlink’s non-custodial, EVM-compatible layer two solution, developers can create dApps with enhanced user experiences while utilizing Tezos’ underlying fundamentals for added security. The main goal of this integration is to simplify the onboarding process for blockchain users.
The Central Bank Governor of Cambodia, Chea Serey, recently unveiled the potential of the Central Bank Digital Currency (CBDC) Bakong in increasing the adoption of Cambodia’s Riel currency through cross-border QR payments. This development signifies a significant shift in the country’s currency system and could have far-reaching implications for the economy. Despite efforts to promote
In a surprising turn of events on May 27, HTX (formerly known as Huobi) managed to outperform the US-based exchange Coinbase in daily spot trading volumes for the very first time. Justin Sun, a prominent figure in the TRON blockchain community and an investor in HTX, proudly announced on Twitter that HTX had traded $1.81
The recent sentencing of former FTX executive Ryan Salame to 7.5 years in prison and a combined total of $11 million in forfeiture and restitution has sent shockwaves through the crypto exchange community. This harsh sentence comes after Salame pleaded guilty to operating an illegal money-transmitting business and making unlawful political contributions related to the
The latest news in the world of cryptocurrency has caused quite a stir, as reports have surfaced indicating that a cryptocurrency wallet linked to former President Donald Trump is estimated to hold assets worth a staggering $10 million. This revelation has sparked intense interest and speculation regarding Trump’s involvement in the crypto space. Upon closer
The recent events surrounding Binance, the largest shareholder of the South Korean cryptocurrency exchange Gopax, have led to substantial financial losses for investors. Despite Binance’s initial promise to fully compensate victims of the virtual asset deposit service ‘GoFi,’ the asset claims of Gopax victims were sold at less than half their face value on May
The European Blockchain Observatory and Forum (EUBOF), backed by the European Commission, recently published a report urging the European Union (EU) to brace itself for the merging of blockchain technology and artificial intelligence (AI). This forward-thinking initiative aims to safeguard users’ data and promote innovation in various sectors. The report delves into the potential of
In recent news, popular crypto influencer GCR fell victim to a hack on Twitter, resulting in a compromised account and misleading price predictions. This incident sheds light on the vulnerability of social media platforms to such scams and the potential impact on the cryptocurrency market. Let’s delve into the details of the hack and its
The Russian Central Bank has recently reported a significant increase in cryptocurrency transactions among Russian citizens. According to the bank’s financial stability report, there has been a noticeable surge in activities on crypto exchanges and peer-to-peer trading platforms. From the fourth quarter of the Financial Year 2023 to the first quarter of FY2024, the total