In a groundbreaking move, Japanese e-commerce giant Mercari has announced its plans to become the first corporate institution to accept Bitcoin (BTC) as a payment method for goods and services. This visionary decision is set to take effect from June 2024 and will be facilitated through Mercari’s Tokyo-based subsidiary, Melcoin, which specializes in blockchain development services. By embracing the potential
PlanB, a prominent figure in the cryptocurrency space, recently shared reflections on the trajectory of Bitcoin (BTC) and public sentiment over the years. From dismissing Bitcoin as a dying asset in 2015 to its current position at $40,000, PlanB emphasizes the significance of the Stock-to-Flow model and projects a staggering $532,000 valuation after the 2024 halving event. In this article,
Intergiro, a leading Swedish FinTech company specializing in payment and banking infrastructure, has recently announced its groundbreaking partnership with Silverflow, a cloud platform that focuses on global card processing. This strategic collaboration aims to empower Intergiro to offer advanced card network capabilities to its clientele, augment processing efficiency, and provide unprecedented access to valuable card scheme data. Empowering Intergiro’s clients
Embedded finance has emerged as a powerful tool that empowers industries like retail, e-commerce, and gaming to provide tailored financial services. By integrating financial services directly into their platforms and products, these industries can enhance the customer experience and drive new revenue streams. One technology that has played a crucial role in enabling embedded finance is blockchain. With its decentralized
Bitcoin, the revolutionary cryptocurrency, relies on a scripting language called Bitcoin Script to facilitate the execution of transactions. These transactions are the backbone of the entire Bitcoin network, making an understanding of Bitcoin Script crucial. This article delves into the intricacies of Bitcoin Script, its role in transaction execution, security implications, flexibility, opcodes, spending conditions, time-based restrictions, and the latest
The rapid rise of Web3 has brought about numerous opportunities for innovation and financial growth. However, along with these advancements comes an increasing number of cyber-attacks aiming to exploit vulnerabilities within the decentralized web. In 2023 alone, these attacks induced staggering financial losses, amounting to a jaw-dropping $1.84 billion across 751 incidents. Examining the data surrounding these breaches is crucial
Decentralized Finance, often referred to as DeFi, is a blockchain-based financial system that operates without traditional intermediaries such as banks. This innovative approach to finance is gaining rapid momentum and disrupting the traditional banking paradigm. By leveraging blockchain technology, DeFi offers users a more inclusive and accessible alternative to the conventional financial system. Definition of DeFi Decentralized Finance, or DeFi,
Blockchain technology has revolutionized the way we conduct transactions, store data, and build applications. At the heart of this innovation lies the mainnet, the primary blockchain network where actual transactions occur and the native cryptocurrency is used. In this article, we will delve into the intricacies of mainnets, exploring their purpose, importance, and the various aspects surrounding their deployment and
The international money transfer sector has seen a new player emerge as Zing, a trailblazing FinTech initiative, takes the stage. Leveraging HSBC’s long-established expertise in global finance, Zing has entered the UK market with a commitment to offering hassle-free international money solutions. With its innovative multi-currency app and debit card, Zing aims to cater to the needs of users in
Blockchain technology has been making waves across various industries, and it holds immense potential in transforming the realm of e-commerce. At the core of its transformative influence lies blockchain’s decentralized architecture, enabling peer-to-peer transactions without the need for intermediaries. In this article, we delve into the powerful integration of Stasum, a blockchain-powered platform, which elevates this paradigm to new heights.
For any gaming operator, having robust and accurate geolocation technology is an absolute must. This article delves into the importance of geolocation in the gaming industry, particularly in relation to the know-your-customer (KYC) protocol. Additionally, it discusses the risks associated with not verifying player location, along with the challenges faced in location verification. We will also explore the need for
Over the past few years, the xDedic cybercrime marketplace operated as a hub for trading logins to corporate and government servers, allowing hackers to gain unauthorized access to sensitive information. However, the reign of this notorious marketplace has come to an end as 19 individuals, including administrators and key players, have recently been charged and sentenced to lengthy prison terms.
