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Crypto

South Korean Police Bust $4.1M Crypto Scam Targeting Elderly Investor
DevOps
South Korean Police Bust $4.1M Crypto Scam Targeting Elderly Investor

In a remarkable instance of fraud, authorities in the Haeundae District of Busan, South Korea, have uncovered a scam involving cryptocurrency that has cost a significant $4.1 million. The group behind the scheme, primarily young adults in their 20s and 30s, targeted an older investor, luring him with the allure of incredibly high returns on his investment. However, these promised

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FinMont and Triple-A Unite for Cryptocurrency Travel Payments
E-Commerce
FinMont and Triple-A Unite for Cryptocurrency Travel Payments

The travel industry, a beacon of global connectivity, is embarking on a new chapter as it embraces the world of digital currency payments. Traditional financial transactions are making way for more innovative methods, propelled by the increasing demand for convenience, security, and efficiency. In an industry-shaping move, FinMont, renowned for its global travel payment orchestration platform, has formed a strategic

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Crypto Market Sees Record $942M Outflow Amidst Bitcoin Dip
Fintech Blockchain
Crypto Market Sees Record $942M Outflow Amidst Bitcoin Dip

The crypto investment sphere has been rocked by a tide of withdrawals unprecedented in scale, with a staggering $942 million exiting various cryptocurrency products in just one week. This startling figure eclipses prior weeks of successful inflows, with a total of $12.3 billion having trickled in over seven consecutive weeks. The bulk of these outflows is concentrated in the market

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Binance Labs Backs StakeStone in Multichain Restaking Shift
Fintech Blockchain
Binance Labs Backs StakeStone in Multichain Restaking Shift

Binance Labs, the investment branch of the leading crypto exchange Binance, is at the vanguard of the dynamic blockchain sector. Illustrative of their commitment to shaping the future of digital asset earnings, they’ve recently infused capital into StakeStone, an innovative platform that epitomizes the cutting edge of omni-chain liquidity solutions. StakeStone’s unique proposition lies in its capacity to enable users

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How Will Visa-Mastercard Settlements Impact Payment Fees?
Digital Lending / Digital Payments
How Will Visa-Mastercard Settlements Impact Payment Fees?

Recent settlements between Visa, Mastercard, and American merchants mark a pivotal point in payment processing history. These agreements are set to herald sweeping changes across the industry’s landscape, influencing entities from small startups to individual consumers. The aftermath is likely to see a realignment of profit margins, cost structures for consumers, bank incomes, and potentially spark a wave of innovation

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How Will Visa’s New AI Solutions Combat Payment Fraud?
Robotic Process Automation In Fintech
How Will Visa’s New AI Solutions Combat Payment Fraud?

Visa is revolutionizing the security of online payments by integrating advanced artificial intelligence into its array of protective measures. Through these cutting-edge technologies, Visa aims to significantly enhance its existing Visa Protect suite, ensuring that every transaction is not only smoother but also significantly safer. This upgrade to a safer payment environment is achieved by employing AI solutions that can

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Why Did Vitalik Buterin Choose Farcaster Over Mainstream Media?
Fintech Blockchain
Why Did Vitalik Buterin Choose Farcaster Over Mainstream Media?

Vitalik Buterin’s move from a mainstream social platform “X”, with a massive audience, to a nascent one like Farcaster, has raised eyebrows across the tech sphere. With “X” teeming with over 5.2 million followers versus Farcaster’s modest 180,000, this decision seems counterintuitive at face value. Buterin’s migration signals a quest for quality over quantity. He aims to curtail the increasingly

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Can the ASI Token Birth a Decentralized AI Revolution?
AI and ML
Can the ASI Token Birth a Decentralized AI Revolution?

The AI industry is witnessing the birth of a groundbreaking alliance that challenges the dominance of tech giants. Fetch.ai, SingularityNET, and Ocean Protocol are uniting to form a decentralized AI collective. This collaboration represents a shift toward AI democratization, merging their distinct tokens into one: the ASI token. Launching at $2.82, the ASI is more than a currency, it’s the

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Is BlackRock’s BUIDL Fund Pioneering Tokenized Finance?
Fintech Blockchain
Is BlackRock’s BUIDL Fund Pioneering Tokenized Finance?

BlackRock’s venture into blockchain via the USD Institutional Digital Liquidity Fund or BUIDL is a milestone for financial institutions. Built on Ethereum, known for its security and connectivity, BUIDL reflects blockchain’s growth as a tool for formal finance. By endorsing Ethereum, BlackRock trusts its smart contract capability, which allows for diverse financial operations and systems integration. With BUIDL’s tokenization, assets

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Shiba Inu Rises 2.4% Amid Confidence in Shibarium Network
Fintech Blockchain
Shiba Inu Rises 2.4% Amid Confidence in Shibarium Network

Shiba Inu, the cryptocurrency that has become a sensation among traders, experienced a notable 2.4% uptick over the past 24 hours. This upward trend has significantly elevated SHIB’s market stature in the realm of digital currencies, marking it as a top-performing memecoin amid vast competition. This advancement has not only reinvigorated the trust of its investors but has also highlighted

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Is the Fantom Network Poised for a Breakout with Sonic Upgrade?
Fintech Blockchain
Is the Fantom Network Poised for a Breakout with Sonic Upgrade?

Fantom’s remarkable 200 percent price increase over the past month is causing a stir among investors. Currently trading around $1.21, the layer one blockchain’s robust development pipeline and the impending Sonic upgrade have contributed to this trend. With a $3.78 billion fully diluted valuation and more than $1 billion in daily transactions, Fantom is carving a niche in the ever-competitive

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MoneyCollect: Transforming Global E-Commerce with Secure Payment Solutions
E-Commerce
MoneyCollect: Transforming Global E-Commerce with Secure Payment Solutions

As the e-commerce world expands, MoneyCollect has become an essential international payment gateway, helping businesses easily navigate the complexities of cross-border trade. In an era where global reach is paramount, MoneyCollect provides the tools for both small and large businesses to tap into new markets with confidence. Its array of services addresses the critical demand for seamless and secure financial

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