Blockchain network Aptos has thrown its hat into the crypto smartphone ring, announcing a partnership with affordable smartphone manufacturer Jambo. The collaboration will build on the launch of the JamboPhone, a $99 smartphone that’s designed to “unlock the digital economy for users in Africa, Southeast Asia, and Latin America,” according to a press release announcing the news. Launched in January…
Universal loyalty programs can serve as potent tools, not only forging a direct link between a brand and its consumers but also influencing the latter’s shopping behaviour, Gennady Volchek, the CEO of the loyalty rewards app Shping, has said. However, by harnessing the power of blockchain and cryptocurrency, these loyalty programs empower brands to connect […] Source: https://news.bitcoin.com/blockchain-based-loyalty-rewards-foster-brand-customer-connection-accelerate-web3-adoption-gennady-volchek/
Diana Tlupova, Head of Compliance at Nexera ID, has argued players in the decentralized finance (defi) space can stay ahead of regulators who might want to impose stringent Know-Your-Customer (KYC) rules by using zero-knowledge (zk) proofs to authenticate user credentials. Tlupova contends that, in addition to allowing users to maintain control over their KYC data, […] Source: https://news.bitcoin.com/zk-proofs-enable-defi-platforms-to-meet-regulatory-requirements-without-compromising-user-data-says-ex-fca-regulator/
A U.S. bankruptcy judge has granted bankrupt crypto trading desk and lender Genesis permission to sell $1.6 billion worth of its Grayscale Bitcoin Trust (GBTC) shares, according to a court filing. Along with the GBTC shares, Genesis will also be selling its shares in Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Classic Trust (ETCG) as part of the firm’s plan…
U.S. Rep. French Hill (R-Ark.) did not mince words on Capitol Hill on Thursday, effectively calling out his fellow D.C. lawmakers whose “reactionary claims proved to be greatly exaggerated” when it came to blaming cryptocurrency for funding international terrorism. It was the second part of a House Financial Services Committee titled “Crypto Crime in Context,” where testimony was elicited from…
With NFT Paris on the horizon, creators and innovators in the NFT space will soon be descending on the City of Light en masse. And they’ll find a welcoming space for collaborators at Rug Radio and Decrypt’s R HAUS, hosted in collaboration with digital members club Private Jet Pyjama Party (PJPP). The R HAUS Vibes in Paris event, presented by…
According to Chainalysis’ report on money laundering trends, the value of crypto transferred by illicit addresses in 2023 fell by nearly $10 billion from $31.5 billion to the latest $22 billion. The report attributes the drop to the overall decline in both legitimate and illicit crypto transaction volumes in 2023. An analysis of services used […] Source: https://news.bitcoin.com/chainalysis-report-crypto-value-sent-from-illicit-addresses-dropped-by-nearly-10-billion-in-2023/
Kraken, a U.S.-based cryptocurrency exchange, has started requiring additional information in the U.K. regarding transactions of self-custody wallets made to and from its accounts. Kraken sent an email to some of its U.K. customers, stating that if the information required was not provided, it could result in an account lock until the required data is […] Source: https://news.bitcoin.com/kraken-starts-requiring-info-on-self-custody-crypto-wallet-ownership-in-the-uk/
The African stablecoin on/off ramp, Yellow Card, is set to introduce the stablecoin USDC on the Stellar network. This partnership has the potential to transform global payments and accelerate the adoption of digital assets. Lightning Fast Transfer Speed Yellow Card, a major licensed stablecoin on/off ramp in the African continent, recently announced plans to introduce […] Source: https://news.bitcoin.com/licenced-stablecoin-on-off-ramp-yellow-card-to-introduce-usdc-on-stellar-network/
Mexican billionaire Ricardo Salinas has outlined four key reasons why investors should buy bitcoin, including long-term growth potential, diversification, and protection against inflation and currency devaluation. Moreover, he advised: “You have to know how to invest and be patient, not get scared when it goes down and buy, and not get excited when it goes […] Source: https://news.bitcoin.com/mexican-billionaire-outlines-4-key-reasons-to-buy-bitcoin-says-you-have-to-know-how-to-invest/
