The United States is lagging behind crypto-friendly regions like Singapore and the UAE, but there’s still a chance it can catch up, says Ripple APAC MD Fiona Murray. Source: https://cointelegraph.com/news/us-far-behind-on-crypto-election-no-quick-fix-ripple-apac-boss?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Louisiana Announces Crypto Payment Options for State Services
The U.S. state of Louisiana has announced that residents can now use bitcoin, bitcoin lightning, and USD Coin to pay for state services through private, secure crypto wallets. “By introducing cryptocurrency as a payment option, we’re not just innovating; we’re providing our citizens with flexibility and freedom in interacting with state services,” said Louisiana’s State […] Source: https://news.bitcoin.com/louisiana-announces-crypto-payment-options-for-state-services/
Mastercard, Safaricom Partner on Cross-Border Payments
Mastercard and Safaricom have partnered to improve payment acceptance and cross-border remittances in Kenya. The partnership will benefit over 636,000 merchants using M-Pesa and enable them to serve customers globally. This collaboration will provide faster and more reliable payment solutions for Kenyan businesses and their customers. Streamlining Cross-Border Transactions The multinational payment card services corporation, […] Source: https://news.bitcoin.com/mastercard-safaricom-partner-on-cross-border-payments/
AI agents could be policing all crypto txs within 5 years: Chainalysis CEO
Chainalysis CEO Michael Gronager believes “it’s not much further away” before governments use AI agents to catch onchain crypto wrongdoers. Source: https://cointelegraph.com/news/ai-agents-soon-solve-crime-catch-criminals-chainalysis-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Commerzbank Partners With Deutsche Börse’s Crypto Finance to Expand Crypto Services
Commerzbank, one of Germany’s largest banks, has partnered with Deutsche Börse subsidiary Crypto Finance to offer secure bitcoin and ether services to its corporate clients. The collaboration focuses on seamless trading and custody solutions, ensuring regulated access to digital assets for select clients in Germany. This marks an important step towards broadening institutional crypto services […] Source: https://news.bitcoin.com/commerzbank-partners-with-deutsche-borses-crypto-finance-to-expand-crypto-services/
Feds end Bitcoin bandits’ luxury life fueled by $230M crypto scam
The scammers spent their gains on a lavish lifestyle of luxury cars, apartments, jewelry, and nightlife. Source: https://cointelegraph.com/news/blockchain-detectives-feds-crack-230m-crypto-heist?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Impact of Fed Rate Cuts on Crypto Markets, Bybit Executive Weighs In
Bybit’s head of institution has shared his insights into the possible effects of the Federal Reserve’s rate cuts on the cryptocurrency market. “We anticipate that the recent rate cut could enhance market sentiment and encourage both retail and institutional investors to diversify their portfolios by exploring and investing in cryptocurrencies,” he opined. Bybit’s Chris Aruliah […] Source: https://news.bitcoin.com/impact-of-fed-rate-cuts-on-crypto-markets-bybit-executive-weighs-in/
BingX confirms ‘minor’ losses amid panic over hot wallet movements
Crypto exchange BingX’s product chief Vivien Lin has confirmed there was a hack and a “minor asset loss,” which is still being calculated. Source: https://cointelegraph.com/news/singapore-based-bing-x-exchange-hot-wallet-suspected-hack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DeFi lending protocol Sky to drop wrapped Bitcoin after governance vote
The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform. Source: https://cointelegraph.com/news/sky-maker-going-ahead-plan-offboard-wrapped-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Boerse Stuttgart Digital, DZ Bank Expand Crypto Access to 700 German Banks
Boerse Stuttgart Digital is collaborating with DZ Bank to bring secure cryptocurrency trading and storage to over 700 cooperative banks across Germany. The move marks a significant step toward mainstream crypto adoption in Europe, with banks now offering regulated crypto services to retail customers. This collaboration will help meet the growing demand for digital assets, […] Source: https://news.bitcoin.com/boerse-stuttgart-digital-dz-bank-expand-crypto-access-to-700-german-banks/