Crypto Archives | Page 325 of 358

Robotic Process Automation In Fintech

Artificial Intelligence Emerges as a Key Solution to Combat Money Laundering Challenges

The global fight against money laundering faces growing challenges, calling for innovative solutions to effectively detect and prevent financial crimes. In this regard, artificial intelligence (AI) has emerged as the preferred choice to combat money laundering tactics. This article delves into the rising concerns surrounding complex money laundering strategies utilizing generative AI, the pressing issue of cryptocurrency laundering, and the

August 16, 2023

DevOps

Shanghai Aims to Build Blockchain Infrastructure to Become a Global Hub of Innovation

Shanghai, one of China’s leading cities, has announced ambitious plans to establish a comprehensive blockchain infrastructure. The city aims to streamline its processes across various sectors of its economy, public services, and governance. With a vision to become an international epicenter for blockchain technology, Shanghai seeks to leverage the potential of this transformative technology. The initiative will be carried out

August 16, 2023

Fintech Blockchain

Shibarium: The Game-Changer in Blockchain Technology and Ethereum Transaction Efficiency

Shibarium, an upcoming Layer 2 blockchain developed by the Shiba Inu project, is set to revolutionize the world of decentralized finance (DeFi) and digital assets. By offering faster and cheaper transactions, Shibarium not only enhances the usability of the Shiba Inu token but also has the potential to play a crucial role in the broader adoption of blockchain technology. In

August 16, 2023

DevOps

Binance Connect, Binance’s Regulated Crypto Arm, to Shut Down on August 16

Binance Connect, the regulated buy-and-sell crypto arm of the Binance exchange, has announced plans to shut down on August 16. The decision comes as a result of provider issues, which have led to the disabling of Binance Connect on August 15. This move aligns with Binance’s strategic initiatives, which prioritize concentration on its fundamental business activities. Despite this closure, Binance

August 16, 2023

DevOps

CFTC Initiates Legal Proceedings Against Fundsz for Deceptive Cryptocurrency and Precious Metals Trading Scheme

The Commodity Futures Trading Commission (CFTC) has taken legal action against individuals and their organization, Fundsz, for their involvement in a deceptive scheme related to cryptocurrencies and precious metals trading. The defendants allegedly enticed investors with implausible returns based on a purported “proprietary algorithm.” This article delves into the details of the case and the actions taken by the CFTC

August 15, 2023

Digital Wealth Management

Innovative Partnership: Exploring FedNow’s Integration of the Blockchain-Based App, Dropp

The United States Federal Reserve’s instant payment system, FedNow, has recently announced its partnership with Dropp, a cutting-edge payment application based on the Hedera Hashgraph (HBAR) Network. This collaboration aims to provide merchants with the ability to receive payments from consumers without incurring significant transaction fees, utilizing the innovative capabilities offered by Dropp. FedNow Payment Platform and Its Features Launched

August 15, 2023

Fintech Blockchain

Unveiling the Bitcoin Universe: An In-depth Review of Bitcoin Blockchain Explorers

The world of cryptocurrencies has witnessed a remarkable rise in popularity, with Bitcoin leading the pack. As the digital asset continues to gain traction, the need for efficient and reliable tools to track and explore transactions on the Bitcoin network has become increasingly crucial. In this article, we will delve into the significance of Bitcoin blockchain explorers and explore some

August 15, 2023

Digital Wealth Management

Revolutionizing Crypto Investments: An In-depth Look at Bybit’s New Wealth Management Product

Cryptocurrency exchange Bybit has recently introduced its new Wealth Management product, aiming to provide personalized solutions that offer attractive returns while minimizing risks for investors. With a focus on cutting-edge strategies and robust risk management, Bybit’s Wealth Management is designed to deliver consistent returns regardless of market conditions. This article explores the key features and benefits of this innovative offering.

August 15, 2023

Digital Lending / Digital Payments

Limited Appetite Among Canadians for CBDC Adoption: Bank of Canada Report Reveals

In recent years, the concept of Central Bank Digital Currency (CBDC) has gained significant attention worldwide. In Canada, the Bank of Canada has been exploring the potential implementation of a CBDC. However, a recent report from the bank sheds light on the limited appetite among Canadians for the adoption of such a digital currency. This article analyzes the findings of

August 15, 2023

DevOps

Worldcoin Introduces Reservation Feature for Unverified Customers: A Step Towards Cryptocurrency Accessibility and Verification

The iris-scanning crypto project, Worldcoin, is revolutionizing the crypto industry by providing an innovative solution for verification and accessibility. Recently, Worldcoin unveiled a groundbreaking feature that allows even unverified customers to reserve their Worldcoin (WLD) tokens. This development marks a significant step towards democratizing cryptocurrency ownership and enabling wider participation in the Worldcoin ecosystem. Reservation Feature in World App The

August 14, 2023

DevOps

Victim of Hack Worth 90 ETH Gets Hacker’s USDT Address Blacklisted

In a significant development in the world of cybersecurity, a victim of a hack worth 90 Ether (ETH) has successfully managed to get the attacker’s Tether (USDT) address blacklisted. With the help of law enforcement agencies and cyber authorities, this victim, who goes by the name L3yum on X (formerly Twitter), took a step towards justice after their hot wallet

August 14, 2023

DevOps

Binance Labs Shows Support for Decentralized Finance with $5 Million Investment in Curve DAO Token

Binance Labs, the investment arm of the leading cryptocurrency exchange Binance, has recently announced a significant investment of $5 million in Curve DAO Token. This strategic move not only reinforces Binance Labs’ dedication to shaping the future of decentralized finance (DeFi), but also highlights their confidence in Curve and its potential within the ever-evolving DeFi landscape. Expansion of Support to

August 14, 2023