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Mastercard links with Circle, Paxos for merchant stablecoin payments


Mastercard says it will allow merchants across its network to be paid with stablecoins in a partnership with payment processor Nuvei and stablecoin issuers Circle and Paxos. Through the venture, 150 million merchants across the Mastercard network will now have the option to receive payments...

Mastercard links with Circle, Paxos for merchant stablecoin payments


Mastercard says it will allow merchants across its network to be paid with stablecoins in a partnership with payment processor Nuvei and stablecoin issuers Circle and Paxos. Through the venture, 150 million merchants across the Mastercard network will now have the option to receive payments...

Fat Fingers: Citigroup Mistakenly Deposits $81 Trillion to Customer


$81 trillion was erroneously credited by Citigroup, as the customer was only meant to receive $280. The payment bypassed all Citigroup controls and had to be reversed several hours after its execution, which the bank refers to as a “near miss.” Citigroup Payment Fumble: Erroneous...

Users Circumvent Sony’s Soneium Controversial Block on Meme Coins


Soneium, Sony’s Ethereum Layer 2 platform, attempted to block meme coins as part of its official policy to curb unauthorized intellectual property usage. Nonetheless, users found a way to circumvent these measures, demonstrating the strength of decentralized platforms. Meme Coin Blocking...

Good News, PC Games Are Starting To Ditch Annoying Launchers


After a recent update, Civilization VI on Steam will no longer require the 2K Games launcher to play. And its upcoming sequel, Civ 7, also won’t force players to use a third-party launcher on Steam. It’s just the latest example of a new and positive trend.Read more

Bankruptcy Was Crypto Winter’s Circuit Breaker


Societies have often frowned on bankruptcy, viewing it in moral terms as a breach of trust. But, in the wake of 2022's scandals, the process helped relaunch the crypto industry, says Michael Casey

South Korea Seeks Regulation Against Crypto Mixers Citing Illegal Use Cases


Source: AdobeStock South Korean regulators seek to introduce new laws that would sanction the use of cryptocurrency mixers in the country to curb the rate of illicit financial activities. According to local news outlets, the Financial Intelligence Unit is considering rolling out new regulations...

IRS Spotlights Most Notable Cryptocurrency Scams in 2023


Source: Pixabay / stevepb The U.S. Internal Revenue Service Criminal Investigation (IRS-CI) division has released its list of the top 10 criminal cases of 2023. These cases include the IRS‘s most prominent and high-profile investigations with a significant focus on cryptocurrency-related...

Canadian Crypto Drive Slows in 2023, Users Cite Wider Market Factors


Source: Pixabay The number of Canadian cryptocurrency users has dropped in 2023 due to bear market fears and wider macroeconomic factors, a new survey shows. A Crypto Asset Survey published by the Ontario Securities Commission (OSC) was conducted to show consumer interaction with virtual assets...

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