Mastercard recently introduced its Mastercard Crypto Credential, a groundbreaking development that has paved the way for the first-ever peer-to-peer (p2p) pilot transactions aimed at streamlining and securing blockchain transfers. This new feature allows users on popular exchanges like Bit2Me, Lirium, and Mercado Bitcoin to send and receive cryptocurrency using user-friendly aliases instead of complex blockchain
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In the midst of the broader market recovery, the XRP Ledger (XRPL) experienced a surge in network activity across various metrics. According to a recent report by Messari, active addresses and transactions on XRPL saw a significant increase. Active addresses rose by 37% quarter-over-quarter (QoQ), while transactions increased by a whopping 113% QoQ. This surge
The recent hack on the Japanese cryptocurrency trading platform, DMM Bitcoin, resulted in a significant loss of Bitcoin amounting to around $305 million. The exchange confirmed the attack and disclosed that 4,502.9 bitcoins were stolen from their systems. Despite stating that they are investigating the breach and implementing measures to prevent such incidents in the
Recent trends in the crypto market have shown a significant increase in investor confidence, particularly towards Bitcoin. Despite some fluctuations in its price, large-scale investors have been accumulating BTC, indicating a positive sentiment towards the premier cryptocurrency. According to prominent crypto analyst Ali Martinez, there has been a noticeable movement of Bitcoin out of centralized
With the recent approval of the Ethereum Spot ETFs by the US Securities and Exchange Commission (SEC), the landscape of the crypto market is set to change. Several prospective issuers have already filed amended versions of their S-1 forms in response to the commission’s directive. This move signifies a significant step towards the launch of
President Joe Biden recently vetoed H.J. Res. 109, a move that stirred controversy within the financial and political spheres. The resolution aimed to overturn the SEC’s SAB 121 rule, which has been a subject of heated debate. Biden defended his veto by stating that SAB 121 represents the technical views of SEC staff and plays
Coinbase recently filed a closing brief with the US Court of Appeals for the Third Circuit, challenging the SEC’s denial of its rulemaking petition. The crux of the case revolves around a single sentence in the SEC’s order that “disagreed” with Coinbase’s assertion that current SEC rules are unworkable for digital asset firms. This lack
The U.S. District Court for the District of Utah recently made a significant decision regarding the Securities and Exchange Commission’s (SEC) case against Digital Licensing, operating under the name Debt Box. The judge dismissed the case and ordered the SEC to pay approximately $1.8 million in attorney and receivership fees. In a post on X
Blockchain technology has been making waves in various industries, and the gaming sector is no exception. In a recent announcement, cryptocurrency exchange OKX and blockchain technology company Immutable have come together to revolutionize the gaming industry. By leveraging Immutable’s zkEVM solution, the partnership aims to introduce enhanced features and benefits for gamers and game studios
The launch of spot Ethereum ETFs in the US has been eagerly anticipated, with experts speculating that it could happen as early as June. Bloomberg ETF analyst Eric Balchunas has indicated that there is a legitimate possibility of spot Ethereum ETFs launching by the end of June. However, he also mentioned that an earlier mid-June