Crypto Archives | Page 216 of 358

Cloud

How Will Currencycloud and Paysend Transform Global FX?

Currencycloud and Paysend are reinforcing their partnership to reshape international fund transfers, focusing on cost efficiency, speed, and streamlined processes in key global regions, including the US, EMEA, and Asia-Pacific. This alliance emphasizes enhancing foreign exchange and treasury services, aiming to offer seamless cross-border transaction experiences. The collaboration introduces multicurrency wallets within Paysend’s app, allowing users flexibility with over 30

March 29, 2024

DevOps

Polygon’s zkEVM Sequencer Downtime Stirs Crypto Community Concerns

Recently, the crypto community faced concerns as Polygon’s zkEVM, integral to Ethereum’s scaling efforts, suffered a major outage. This event occurred due to a malfunction in the blockchain sequencer, which orders transactions prior to their recording on Ethereum. This hitch halted the zkEVM, renowned for its ability to expedite transaction processing and cut costs, for upwards of 10 hours. Although

March 29, 2024

Fintech Blockchain

Is the Crypto Market Poised for a Major Rally Soon?

The crypto market is abuzz as experts forecast a promising surge, with Bitcoin’s recent performance shining a hopeful light on the sector’s prospects. Bitcoin’s resilience in bouncing back from its mid-March decline has caught the eyes of analysts, scooping investor interest anew. A significant voice, Michaël van de Poppe, presents an optimistic prediction for Bitcoin’s trajectory. Having pulled back to

March 29, 2024

Fintech Blockchain

Bitcoin Halving’s Impact: Economy and Miners’ Outlook

The periodic event known as Bitcoin halving has significant implications for the cryptocurrency landscape, particularly impacting the economy and those involved in mining. Occurring approximately every four years, this halving event slashes the rewards miners receive for adding new blocks to the blockchain by 50%. Economically, the event can alter Bitcoin’s supply-and-demand dynamics, potentially driving up the cryptocurrency’s value if

March 28, 2024

Digital Wealth Management

Nomura’s Laser Digital Unveils Institutional DeFi Staking Fund

Laser Digital, the digital asset-focused arm of Japan’s prestigious financial services group Nomura, has taken a notable leap into the decentralized finance (DeFi) arena with the unveiling of the Laser Digital Polygon Adoption Fund. This innovative fund represents a strategic move to bridge the gap between the burgeoning DeFi sector and institutional investors—the very clientele for which Nomura has historically

March 28, 2024

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

March 28, 2024

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

March 28, 2024

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

March 28, 2024

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

March 28, 2024

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

March 28, 2024

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

March 28, 2024

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

March 28, 2024