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Chinese Authority Warns of Fake Digital Yuan App Scam


Chinese Ministry of Industry and Information Technology cautions against counterfeit digital yuan apps as scam tactics evolve, urging the public to verify through official channels. The post Chinese Authority Warns of Fake Digital Yuan App Scam appeared first on Cryptonews

Revolut To Roll Out “Invite-Only” Crypto Exchange


Banking services provider Revolut is set to debut a new “invite-only” crypto exchange, according to a February 16 report. A U.K.-based customer email confirmed by CoinDesk stated that Revolut is launching a new crypto exchange with advanced traders in mind. Revolut’s ‘Standalone’...

Coinbase Pay integrates into Ledger Live app


Ledger announced that Coinbase Pay has successfully integrated with its Ledger Live app, enabling users to receive their tokens from Coinbase on their Ledger device. The association aims to make the purchase of cryptocurrency more accessible, seamless, and secure. They will now collectively boost...

Farcaster Co-Founder Critiques Twitter Clones: Innovation Over Imitation


Decentralized social media protocol Farcaster has emerged as a prominent player among several burgeoning Twitter alternatives, both on-chain and off-chain. However, Dan Romero, the co-founder of Farcaster, does not view his decentralized social app as a competitor to Elon Musk’s Twitter...

SocialFi Project Friendzone to Debut on Polygon Blockchain


Decentralized social marketplace Friendzone is hopping on the Polygon blockchain for a Feb. 26 launch, and eyeing a move to Polygon zkEVM down the line. The app is said to combine the emotional aspects of traditional social media with the financial rewards of Web3 to build online communities....

Vast Bank Withdraws From Cryptocurrency Sector, Shuts Down Mobile App


Vast Bank, the U.S. financial institution that once offered customers the unique ability to manage cryptocurrencies alongside traditional banking, is exiting the digital asset space and shutting down its crypto mobile app in response to a consent order from the Office of the Comptroller of...

Tether Leads Crypto Mobile App Oobit’s $25 Million Series A Funding


Tether announced today that it led a $25 million Series A funding round for crypto mobile payments app Oobit. Crypto’s biggest stablecoin issuer said the funding will contribute to Oobit’s ongoing development. The mobile app enables users to tap and pay for goods and services with their...

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