The burgeoning e-commerce sector in Mexico presents a lucrative opportunity for digital payment platforms. With a rapidly growing user base and a projected market worth of US$115.2bn by 2024, the need for streamlined and inclusive payment solutions is more critical than ever. Enter Yuno and Openpay—two giants in the digital payments sphere, poised to revolutionize how transactions are conducted in
The long-awaited repayment process for creditors of the notorious Mt. Gox bitcoin exchange has finally commenced, bringing closure to a tumultuous chapter in cryptocurrency history. Almost a decade has passed since the collapse of what was once the world’s largest cryptocurrency trading platform, leaving thousands of users in financial limbo. The recent announcement from the trustee marks a significant milestone,
The payment landscape in Brazil is set to be revolutionized with the introduction of an innovative biometric payment card developed through a new collaboration between Fingerprint Cards AB (Fingerprints) and Valid, a global payment technology provider. Slated for unveiling at the upcoming Febraban Tech event in São Paulo in June 2024, this cutting-edge card integrates Fingerprints’ advanced biometric technology, particularly
The Gulf Cooperation Council (GCC) nations, notably the United Arab Emirates (UAE) and Saudi Arabia, are on a transformative journey towards digital economic ecosystems. Integral to this journey is the implementation of instant payment systems, which promise to enhance business efficiency, consumer experience, and regional economic integration. As the GCC advances towards its national vision plans, these instant payment systems
The recent drop in Bitcoin mining difficulty has caught the attention of many within the cryptocurrency community. As of July 5, 2024, the mining difficulty now stands at 79.50 terahashes per second (TH/s), marking a decline of over 5% from its previous level. This is particularly noteworthy given the historical trend of increasing hashrate, which measures the number of guesses
In a significant move that could redefine the landscape of blockchain transactions, Tron founder Justin Sun has unveiled a groundbreaking initiative to develop a gasless stablecoin solution. This pioneering concept is aimed at facilitating free peer-to-peer transfers on blockchain networks, potentially opening new doors for corporate adoption and scalability. Sun’s initiative underscores his long-term vision to streamline and elevate blockchain’s
The cryptocurrency market in Africa has shown remarkable growth and maturity, driven significantly by robust community engagement and innovative solutions to local problems. With Solana playing a pivotal role, the story of Africa’s burgeoning crypto economy is one of resilience and strategic focus. Oladotun Wilfred Akangbe, CMO of Flincap, underscores the resilience and robustness of the crypto community in Africa,
Valora’s recent unveiling of “Mobile Stack,” a decentralized, permissionless, and open protocol launchpad designed specifically for deploying Web3 decentralized applications (DApps) on mobile devices, marks a significant milestone in the quest to make Web3 more accessible. Valora, a company known for its peer-to-peer payment solutions, is aiming to extend Web3 technology beyond its current crypto-native audience by providing a more
The world of cryptocurrency is a battlefield where the line between predator and prey is often blurred. In an ironic twist of fate, Pink Drainer, an infamous wallet-draining group notorious for stealing crypto assets, recently became victims themselves. In late June, the group lost ten Ether, equivalent to around $30,000 at current prices, to an “address poisoning” scam. The incident
Payments data is emerging as a potent tool in the arsenal of modern business strategies. In an era where consumer behavior and preferences are central to gaining a competitive edge, understanding how to harness payments data can drive significant improvements in decision-making processes. This article delves into the transformative power of payments data and how businesses can leverage it to
Bitcoin, the pioneering cryptocurrency, has always been known for its volatile nature. The market’s recent sharp decline, over 7%, has left many investors and enthusiasts questioning the longevity of this downward trend. This article delves into the various factors contributing to Bitcoin’s current slump, offering insights from market experts and technical indicators to understand whether the crash is a temporary
The global landscape of Bitcoin ATMs has been undergoing dramatic shifts, reflecting the broader fluctuations within the cryptocurrency industry. Primarily, these changes feature a significant reduction in Bitcoin ATMs, particularly in the United States and Europe, juxtaposed against notable growth in other regions such as Australia and Spain. Understanding these trends requires an in-depth look at both the quantitative data
