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Israel to Start Digital Shekel Challenge to Develop Payment Use Cases
29.5.2024
Israel's central bank is launching a challenge on the use of a central bank digital currency in payments as part of an "action plan for a possible issuance of the digital shekel."
Bank of Israel Launches Digital Shekel Challenge
29.5.2024
The Bank of Israel has announced the Digital Shekel Challenge, inviting various entities — private companies, public sector organizations, and academic institutions — to participate in the digital shekel’s experimental environment. The initiative aims to foster the development of innovative...
Diamonds Standard Co. uses precious gems to back payment network
21.5.2024
Diamond Standard Co. has introduced a blockchain payments system that uses diamonds as backing collateral for transactions
Tether and TON Partner with Oobit for USDT-to-Fiat Transactions via Mobile App
16.5.2024
Tether Operations Limited, the largest entity in the digital asset ecosystem, announced a strategic partnership with Oobit, a mobile payment app, and the TON Foundation on May 16.
The post Tether and TON Partner with Oobit for USDT-to-Fiat Transactions via Mobile App appeared first on Cryptonews
MoonPay Donates $1 Million To Stand With Crypto Ahead Of 2024 Elections
13.5.2024
MoonPay is donating $1 million to digital advocacy group Stand With Crypto ahead of the 2024 elections, the company confirmed to Crypto News Monday. The crypto payment service provider's donation comes on the heels of news that Stand With Crypto has launched a PAC to dunk pro-crypto candidates...
South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M
12.5.2024
Lesaka Technologies, a fintech startup based in South Africa, recently signed a deal to acquire Adumo, a payment solutions provider, for nearly $86 million. Under the terms of the agreement, Lesaka Technologies will pay Adumo $12.5 million in cash. The funds will be sourced both internally and from...
Lightning Labs CTO Conducts First Mainnet Multi-Hop Asset Payment via Taproot Asset Channels
10.5.2024
Olaoluwa Osuntokun, co-founder and CTO of Lightning Labs, recently executed the first successful mainnet multi-hop asset payment using Taproot Asset channels, marking a new development in asset transfer capabilities over the Lightning Network. Asset Transfer Achieved on Lightning Network Using...
BlockDAG innovates with 10 new payment options and a surge to $0.007, eclipsing Bonk (BONK) and Dogwifhat (WIF) potentials
10.5.2024
Bonk (BONK) emerges from its meme coin status with robust community support and technological advancements. Similarly, Dogwifhat (WIF) transitions from its quirky origins to a token focused on rewarding long-term investment. Amidst these developments, BlockDAG distinguishes itself by not only...
Tether payment solutions expands to Eastern Europe
9.5.2024
Tether, the biggest company in the digital asset market, will strengthen its presence across Eastern Europe with a supplementary investment into CityPay.io. This top-rated payment company has a presence in more than 2,000 locations across Georgia, and Tether is the first stablecoin investing...
Bitpay Partners With Moonpay to Enhance Crypto Selling Experience on App
7.5.2024
On Tuesday, the crypto payments processor based in Atlanta, Bitpay, revealed its collaboration with Moonpay. The partnership, Bitpay emphasized, enables users to sell bitcoin and other crypto assets directly through the Bitpay app. Bitpay Now Allows Direct Sales via Moonpay Partnership Users of...
Meme Coin News: Tesla Adds DOGE Payments, Whale Buys $10.4M in PEPE
7.5.2024
This week read about:
Meme Coin News: Market Highlights
Tesla’s Updated Payment Methods Include Dogecoin
Dogeverse Presale Hits $13 Million Milestone
Whale Withdraws 1.238 Trillion PEPE
The post Meme Coin News: Tesla Adds DOGE Payments, Whale Buys $10.4M in PEPE appeared first on Cryptonews
Nigerian officials proposed secret crypto settlement, claims Binance CEO
7.5.2024
Binance CEO Richard Teng says the Nigerian government has set a dangerous precedent after inviting company executives to meetings before detaining them
Unveiling 2024’s leading crypto gateway digital payment solutions
7.5.2024
Now that 2024 has arrived, digital payments have changed a lot. This means that they now incorporate new technologies and ideas very smoothly. Among these changes are cryptocurrencies, which have shaken how we think about money and do business forever. These are crypto gateways – the missing link...
Australian court rules against Qoin issuer BPS Financial on 4 charges
3.5.2024
Qoin still has a class-action suit pending against it in addition to the case brought by regulator ASIC
Stablecoin Legislation Unlikely To Be Tacked To FAA Reauthorization, Democratic Aide Reveals
1.5.2024
Proposed stablecoin legislation is unlikely to be tacked onto the must-pass Federal Aviation Administration’s (FAA) reauthorization bill despite earlier reports, a Democratic aide on Capitol Hill said Tuesday. Should stablecoin legislation fail to find a must-pass bill it can merge with,...
Uniswap Integrates Robinhood Connect for Crypto Purchasing
1.5.2024
The decentralized crypto exchange Uniswap now supports Robinhood Connect, allowing U.S. users to make transactions directly through the mobile app using various payment methods.
The post Uniswap Integrates Robinhood Connect for Crypto Purchasing appeared first on Cryptonews
Priest Allegedly Spent $40,000 On Candy Crush Using Church's Credit Card
30.4.2024
A Catholic priest in Pottstown, Pennsylvania allegedly used a church credit card to spend over $40,000 on “power-ups” in mobile games Mario Kart Tour and Candy Crush over a three-year span.Read more
Crypto Biz: X payment system, Block moves into Bitcoin mining and more
26.4.2024
This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more
Deutsche Bundesbank President on Digital Euro: ‘The Eurosystem Has No Interest in Monitoring People’s Payment Patterns’
26.4.2024
Joachim Nagel, President of the Deutsche Bundesbank, praised the privacy traits a hypothetical upcoming digital euro would possess. During a speech, Nagel specified that the Eurosystem would have “no interest” in monitoring the payments and expenses of digital euro users and would...
US senators target cryptocurrency use in child abuse trade
26.4.2024
Senators Elizabeth Warren and Bill Cassidy are asking federal agencies about their technical capacity to combat crypto payments in the sale of child abuse material