Stablecoins: Are They Ready for Everyday Payments? Mastercard, a global leader in payment technology, has recently expressed reservations about the readiness of stablecoins for everyday transactions. Despite the growing popularity of stablecoins in the digital realm, particularly within the realm of cryptocurrency trading, Mastercard believes that these digital assets are not yet suitable for widespread […]
Bank of England chief rejects private stablecoin plans
Bank of England Chief Rejects Private Stablecoin Plans: Calls for Tokenised Deposits Instead Andrew Bailey, the Governor of the Bank of England, has recently taken a firm stance against the proliferation of private stablecoins in the financial market. Bailey has expressed concerns that the rise of private stablecoins could pose a significant threat to financial […]
Hackers steal $500K via malicious Cursor AI extension
Beware: Hackers Steal $500K via Malicious Cursor AI Extension In a recent cyber attack that has sent shockwaves through the tech community, hackers successfully managed to steal a whopping $500,000 in cryptocurrency using a fake Cursor AI extension. This incident serves as a stark reminder of the growing risks associated with AI supply chain attacks […]
Stablecoins surpass Visa and Mastercard in online transaction volume
Stablecoins Surpass Visa and Mastercard in Online Transaction Volume In the ever-evolving landscape of digital transactions, stablecoins have emerged as a game-changer, surpassing traditional giants like Visa and Mastercard in online transaction volume. This shift signals a significant turning point in the way we perceive and conduct digital payments, with major platforms such as PayPal […]
Bitget Wallet enables crypto QR payments in Vietnam
Bitget Wallet Revolutionizes Crypto Payments with VietQR Integration In a groundbreaking move for the crypto community in Vietnam, Bitget Wallet has introduced VietQR integration, allowing users to make daily purchases using stablecoins like USDT and USDC. This innovative feature is set to revolutionize the way people in Vietnam engage with cryptocurrencies, offering a seamless and […]
Crypto adoption rises in Latin America as financial pressure grows
Crypto Adoption Surges in Latin America Amid Economic Instability In recent years, Latin America has been experiencing significant economic instability, leading to a surge in the adoption of cryptocurrencies across the region. Countries like Venezuela, Argentina, Brazil, and Colombia have been grappling with hyperinflation, currency devaluation, and political uncertainty, prompting individuals and businesses to turn […]
Emerging markets lead daily crypto wallet use
Emerging Markets Lead Daily Crypto Wallet Use In the ever-evolving landscape of cryptocurrency, the use of digital wallets has become increasingly prevalent, with different regions around the world showcasing varying trends in their usage. Recent data has shown that Europe’s crypto wallet users predominantly engage in trading activities, utilizing their wallets to buy, sell, and […]
Apple opens NFC chip, PayPal taps into it
Apple Opens NFC Chip, PayPal Taps into It In a groundbreaking move, Apple has recently opened its NFC chip to third-party access due to EU regulations. This decision has paved the way for innovative collaborations, with PayPal being one of the first companies to tap into this technology. The implications of this partnership are significant, […]
Stripe launches AI payments model and stablecoin accounts
Stripe and Visa Revolutionize Payments with Global Debit Card Linked to Stablecoin Wallets In a groundbreaking move that is set to disrupt the traditional banking system, online payment processing giant Stripe has teamed up with Visa to introduce a revolutionary global debit card linked to stablecoin wallets. This innovative collaboration marks a significant milestone in […]
Meta plans new blockchain-based payment system
Meta Plans to Revolutionize Digital Payments with Blockchain Technology Meta, formerly known as Facebook, is gearing up to disrupt the digital payment industry with its new venture into blockchain technology. The tech giant has announced plans to introduce a blockchain-based payment system that promises low-cost and efficient digital transfers. This move marks a significant step […]