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Paypal’s PYUSD Stablecoin Central to Investment in Digital Finance Platform Mesh
30.1.2024
Paypal Ventures, the venture capital division of Paypal, revealed this week its investment in Mesh, a financial technology startup focused on advancing digital payments. The investment entity emphasized that the capital injection was primarily allocated using the firm’s newly introduced...
Circle to Launch USDC Natively On Celo + More Crypto News
30.1.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Circle to Launch USDC Natively On Celo Stablecoin Development Gathers Pace PDX to Release Beta Version of Banking and Payments Product __________...
Web3 Payments Firm Transak Joins Visa Direct to Streamline Crypto-to-Fiat Conversion
30.1.2024
The deal allows the Web3 payments infrastructure provider's users in over 145 countries to easily convert crypto into local fiat currencies
As Crypto Market Recovers, Scammers Target Exchange Token Listings
30.1.2024
Exchange listing scams have resurfaced as scammers exploit the growing interest in digital assets amid the recent market recovery. As part of these schemes, scammers impersonate industry insiders and exchange representatives to deceive unsuspecting individuals and extort payments for token...
Breez Wallet Shows Offline Lightning Network Payments Solution
30.1.2024
Breez Wallet, a Lightning Network (LN) focused wallet, has shown an implementation that allows users to receive LN payments without being online. The service, which will be included in an upcoming non-custodial wallet app, leverages the wallets’ own SDK using mobile notifications to receive...
Crypto Forensics Breakthrough: Finnish Authorities Trace Monero in High-Profile Hack
28.1.2024
The National Bureau of Investigation in Finland has reportedly made significant progress in tracing Monero (XMR) transactions as part of an ongoing investigation into the criminal trial of Julius Aleksanteri Kivimäki. Kivimäki stands accused of hacking a private mental health firm’s database...
New Era of NFTs With RARI Chain Royalty Payments – Top NFT News Today – 26 January
26.1.2024
Over the past 24 hours, the non-fungible tokens (NFT) market has been largely unchanged, aside from NFT news about Pudgy Penguins, RARI chain and Magic Eden. The sales volume is up 3.5%, currently at $31,574,164. Buyers, sellers, and transactions are each down around 1%, per CryptoSlam. Among...
Eco’s Beam Wallet Developer Acquires Join for Integrated Amazon and Shopify Purchases
26.1.2024
Eco Inc., the crypto payments company behind the self-custody wallet Beam, announced its acquisition of Join, a shopping app that allows users to purchase stablecoins at major merchants like Amazon and Shopify. 1/ BIG NEWS: we’ve acquired @join to enable shopping online with stablecoins. It’s time...
FSB Reveals 2024 Roadmap for Crypto Regulations and Cross-Border Payments
25.1.2024
The Financial Stability Board (FSB) has released its 2024 roadmap with plans to steer crypto regulations, cross-border payments, and broader issues in global finance. The international financial body created by the G20 revealed its plans for the current year. The main focus revolves around...
Brazil’s Online Casino Sector’s Rising Trend of Crypto Payments
25.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. In the ever-evolving landscape of online gaming in Brazil, cryptocurrencies are making a splash as a burgeoning payment method. With Brazil ranking 9th in the crypto adoption index, innovative...
BIS Unveils 2024 CBDC Plans, Project ‘Aurum’ Enters New Phase
24.1.2024
Source: BIS The Bank of International Settlements (BIS) has unveiled that its central bank digital currency (CBDC) is entering a new phase this year. Dubbed ‘Aurum,’ the CBDC project will explore “the privacy of payments in retail CBDCs,” BIS noted. The announcement came Tuesday as a part of BIS’s...
Dogecoin Price Prediction as Elon Musk’s X Payments Boosts Sentiment – Massive Rally Incoming?
22.1.2024
The sudden appearance of a new X Payments account on Elon Musk’s social media platform X (formerly Twitter) sent the Dogecoin (DOGE) price vaulting higher over the weekend amid a massive boost to sentiment. The Dogecoin price pumped over 16% on Saturday, hitting its highest level in around...
Dogecoin market cap soars amid X payments speculation
22.1.2024
The market cap of Dogecoin has hit the milestone of $12 billion. This comes amid speculation that the token may be a part of X Payments, launched by Elon Musk on X. A new utility feature and the potential integration have also caused an uptick in the exchange valuation of the token. It was last...
Elon Musk’s X Payments Feature Sparks Speculation Among Crypto Enthusiasts
22.1.2024
Elon Musk’s “everything app,” known as X, has recently created a dedicated account for its upcoming payments feature, igniting speculation within the crypto community about the possible integration of cryptocurrencies. The anticipation is that the X app will introduce in-app...
Dogecoin, Floki Bullish Bets Rise on X Payments Speculation
22.1.2024
The dog-themed tokens have a tendency to move on any payments-related development at X (formerly Twitter)
Bitcoin and Ethereum Price Prediction as BTC Bulls Hold $41,000 and ETH Consolidates at $2,400 – Rally Soon?
21.1.2024
In the dynamic realm of cryptocurrencies, Bitcoin (BTC) maintains its foothold above the $41,000 mark, currently trading at $41,700 with a modest 0.25% increase as the week concludes. The market buzzes with speculation as X, a notable player, unveils plans for a dedicated Payments account...
Ripple and Hedera Consider Collaboration to Further Crypto Innovation: Report
19.1.2024
Source: Flickr In an interesting conversation, Ripple’s head Brad Garlinghouse and Leemon Baird, co-founder of open-source decentralized ledger Hedera, discussed potential collaboration to foster the digital assets industry. The crypto leaders recently shared their insightful thoughts...
Attack on Bitfinex Exchange Involving $15 Billion XRP Transaction Failed: Paolo Ardoino
15.1.2024
A transaction involving nearly $15 billion worth of XRP from an unknown wallet to the Bitfinex exchange as part of a “partial payments exploit” has failed. The transaction was first brought to the public’s attention by the blockchain tracking account known as Whale Alert, which...
Russia ‘Edging Toward Mandatory CBDC Pensions’ – Economist
15.1.2024
Source: Kira/Adobe A Russian economist has claimed Moscow will eventually force the elderly to accept CBDC pension payments as part of the digital ruble rollout. Per Pro Blast, the claims were made by the writer and economist Alexander Razuvaev, who said: “Gradually, [conventional] pensions...
Ripple Faces SEC Pressure for Financial Transparency in Ongoing Legal Saga
12.1.2024
Source: Adobe / Dennis The legal battle between US-based blockchain payments firm Ripple and the US Securities and Exchange Commission (SEC) has taken a new turn as the SEC seeks to compel Ripple to disclose its financial statements for the years 2022-2023. The regulator filed the motion...