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Pay-to-use blockchains will never achieve mass adoption
24.9.2023
Blockchain projects should learn from Google and Facebook by monetizing their users without directly asking for their money
Payday 3’s Busted ‘Always Online’ Launch Is a Mess, CEO Apologizes
22.9.2023
By many accounts, Payday 3 appears to be a disappointing half-step forward for the longrunning co-op bank robbery series. Unlike its predecessor, it also requires players to always be online, a seemingly grave misjudgement given Payday 3’s first-week launch woes. The problems with crashes, slow...
Crypto payment firm Alchemy Pay wins money transmitter license in US
21.9.2023
Alchemy Pay has joined the ranks of crypto firms like Coinbase and Jack Dorsey’s Block in securing the Money Transmitter License in Arkansas
Ex-Deutsche Bank Investment Banker Faces Up to 30 Years in Prison for Crypto Fraud
21.9.2023
A registered broker and former investment banker with financial giant Deutsche Bank has pleaded guilty to defrauding investors into a fraudulent crypto fund. He is facing up to 30 years in prison and will be required to pay restitution of more than $1.5 million, according to the U.S. Justice...
Apple, Goldman Sachs drop plans for trading app: Report
20.9.2023
Initial plans called for a 2022 rollout, but economic conditions caused the project to be reportedly shelved last year
Sino Global, Coinbase and Libra Alums Start $60 Million Web3 Fund
19.9.2023
Oak Grove Ventures will focus on early-stage investments in Web3, artificial intelligence and biotechnology
Canto, Astar blockchains plan migration to Ethereum ecoystem as layer 2s
19.9.2023
By inheriting Ethereum’s security, Canto will be more decentralized and will enable trustless guarantees when bridging assets over, Polygon Labs said
SEC Charges Stoner Cats Over $8M Unregistered NFT Offering: Mila Kunis-Backed NFT Project to Pay $1M Penalty
13.9.2023
The Securities and Exchange Commission (SEC) charged Stoner Cats 2 LLC (SC2) with conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs) that raised about $8 million from investors to finance an animated web series. SEC Slaps Stoner Cats 2 With...
Wirex and Polygon CDK Join Forces to Revolutionize Digital Payments With W-Pay
12.9.2023
PRESS RELEASE. Wirex, a major player in crypto payments with over 6 million users, has chosen to partner with Polygon CDK (Chain Development Kit) to create a new App Chain focused on payments, named W-Pay. This move marks a significant development in the world of cryptocurrency payments....
US Court Orders Collapsed BTC Investment Firm to Pay Over $1.7 Billion in Restitution for Forex Fraud
9.9.2023
A United States Federal Court Judge has ordered the collapsed bitcoin investment platform Mirror Trading International to pay over $1.7 billion in restitution. Commodity Futures Trading Commission director of enforcement Ian McGinley said the CFTC will not hesitate to go after fraudsters who target...
7 Minutes Of Payday 3
9.9.2023
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Kenyan Fintech Startup Kotani Pay Receives $2 Million Pre-Seed Funding
8.9.2023
The Kenyan fintech startup Kotani Pay has raised $2 million in a pre-seed funding round which was led by P1 Ventures. The capital raised will be used to fund the startup’s expansion into five African countries. Felix Macharia said his firm is working with central banks, some of whom...
Payday 3 Hands-On: A Real-Life Bank Heist And Better Gunplay
7.9.2023
I walk up the stone steps of Brooklyn’s Williamsburg Savings Bank just as the J train loudly scrapes by overhead. I’m here for an “immersive” Payday 3 hands-on experience, which includes a champagne tower that glitters and winks at me as soon as I cross through the double doors, an actor posing...
CFPB examines Big Tech's role in mobile payment systems ahead of rulemaking
7.9.2023
The U.S. Consumer Financial Protection Bureau has focused the role of Apple and Google in mobile payments with a critical eye
Tax the Metaverse Calls Gain Momentum Following Scholarly Research
5.9.2023
A new research paper from Harvard legal scholar Christine Kim argues that the same tax principles that apply to physical world income should extend to the metaverse.
Christine Kim, a law professor at Yeshiva University, laid out the case for taxing the metaverse in her recent paper "Taxing...
Robinhood to Buy Back SBF’s Stake for Over $605 Million
3.9.2023
Online broker Robinhood is going to buy back the stake purchased by a company of crypto exchange FTX founder Sam Bankman-Fried (SBF). The fintech intends to pay $605.7 million for the shares that were transferred to the custody of the U.S. government after the bankruptcy of SBF’s businesses....
Binance Launches Send Cash For Quick and Low-Cost Crypto Transfers in Nine Latin American Countries
30.8.2023
Following Binance's suspension of its cryptocurrency debit card services, Binance is introducing a new product in Latin America called "Send Cash," which enables users from 9 countries in the region to transfer crypto using Binance Pay.
In its statement on Tuesday, Binance ‘Send Cash’ will enable...
Binance Removes Sanctioned Russian Banks From P2P Platform
28.8.2023
Crypto exchange Binance has dropped Russian banks under sanctions from the payment options on its peer-to-peer (P2P) platform. Russian traders can no longer use cards issued by these banks to make payments while transactions in foreign fiat currencies are also restricted for them. Binance No Longer...
Cypher Says Token Offering Part of Steps to Make Users Whole
25.8.2023
The Solana-based digital asset exchange announced on Aug. 23 that it is planning the “most fair” token launch in the history of Solana. According to Cypher, part of the funds raised via the initial decentralized offering will be used “to sustain protocol development, pay...
Shopify Customers Can Now Pay In USDC Via Solana Pay
23.8.2023
Solana Pay, the payment protocol built on the Solana blockchain, is now plugged into e-commerce giant Shopify, allowing users to pay in USD Coin (USDC), the companies announced Wednesday