Financial services company Mastercard Inc. has launched Crypto Secure, a technology solution designed to help banks identify fraud-prone crypto exchanges, the company announced in a press release. See related article: Binance partners Mastercard to launch card in Argentina for bill payment, everyday purchases Fast facts The service uses artificial intelligence algorithms and blockchain data to…
Bitcoin was trading above US$20,000 in Wednesday morning trading in Asia after struggling to break that resistance level for much of the past three weeks. The world’s largest cryptocurrency rose along with Ether and the rest of the crypto top 10 by market capitalization, with Dogecoin posting the most significant gains. See related article: Markets:…
Non-fungible token (NFT) sales on Solana surged in September despite a sharp decline in the overall trading volume of NFTs in the third quarter. See related article: Instagram, Facebook users in 100 countries can crosspost NFTs: Meta Fast facts Solana NFT sellers pocketed more than US$126 million in September, a 77% month-over-month increase, according to…
Bitcoin continued trading above US$19,000 in Tuesday afternoon trading in Asia, rising above US$20,000 before declining. Ether and most of the other top 10 coins by market capitalization gained. See related article: Markets: Bitcoin price rises above US$19,000, Ether and rest of crypto top 10 gain Fast facts Bitcoin rose 3.85% in the past 24…
Tether Holdings Limited, the issuer behind the world’s largest stablecoin USDT, reduced its holdings of commercial paper to less than US$50 million as of Sept. 30, according to a tweet by Tether Chief Technology Officer Paulo Ardoino. See related article: SEC fines Tether’s former auditor US$1 mln over accounting malpractice Fast facts In the tweet, Ardoino also…
China spent billions on its ‘belt and road’ infrastructure network to expand trade so what are its plans for a domestic and international digital infrastructure built on blockchain?
The Financial Stability Oversight Council report says the lack of clear regulations in the cryptocurrency industry could pose a risk to overall U.S. financial stability and urges congress to write up new rules of the road.
Dunamu Inc., the mother company of South Korea’s largest crypto exchange Upbit, and Hybe Co., Ltd., the music agency behind K-pop mega group BTS, launched a K-pop digital collectible platform on Tuesday via their Los Angeles-based joint venture, LEVVELS Inc. See related article: Dunamu looks to K-pop group BTS NFTs to beat ‘Crypto Winter’ Fast…
Like many nations, the UK is formulating new rules and guidelines for crypto taxation. Will they help or hinder its crypto hub aspirations?