The US Federal Reserve Clarifies Process for Banks Regarding Stablecoin Transactions
The Federal Reserve System announces the launch of a supervision program monitoring the activities of banks and financial institutions engaged in cryptocurrencies and blockchain
Special attention will be directed towards companies involved in the issuance or storage of dollar-pegged stablecoins
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The US Federal Reserve Clarifies Process for Banks Regarding Stablecoin Transactions
The Federal Reserve System announces the launch of a supervision program monitoring the activities of banks and financial institutions engaged in cryptocurrencies and blockchain
Special attention will be directed towards companies involved in the issuance or storage of dollar-pegged stablecoins
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VISA Testing Support for Gas Payments in Fiat Currencies on the Network
Visa has completed testing of a method that allows users to pay for gasoline directly in fiat using a credit or debit card on the blockchain
The experiment, conducted on the Ethereum Goerli testnet, utilizes a paymaster contract to sponsor gasoline payments on behalf of users
This means that users can send transactions on the blockchain without worrying about maintaining an Ether balance. Visa believes this contract could make transactions more accessible to a wider range of users
The paymaster contract is a specialized type of smart contract within the blockchain ecosystem designed to manage gas payments
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VISA Testing Support for Gas Payments in Fiat Currencies on the Network
Visa has completed testing of a method that allows users to pay for gasoline directly in fiat using a credit or debit card on the blockchain
The experiment, conducted on the Ethereum Goerli testnet, utilizes a paymaster contract to sponsor gasoline payments on behalf of users
This means that users can send transactions on the blockchain without worrying about maintaining an Ether balance. Visa believes this contract could make transactions more accessible to a wider range of users
The paymaster contract is a specialized type of smart contract within the blockchain ecosystem designed to manage gas payments
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FC Barcelona Raises €120 Million for Web3 Development
Spanish football club FC Barcelona has secured €120 million(~$132 million) in investments from Liberto Football Finance AG and Nipa Capital BV for the development of Web3 initiatives
The funding is directed towards the Barca Vision division, responsible for expanding the organization's presence in the crypto industry, including the non-fungible token sector
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FC Barcelona Raises €120 Million for Web3 Development
Spanish football club FC Barcelona has secured €120 million(~$132 million) in investments from Liberto Football Finance AG and Nipa Capital BV for the development of Web3 initiatives
The funding is directed towards the Barca Vision division, responsible for expanding the organization's presence in the crypto industry, including the non-fungible token sector
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The exchange is seeking to prevent the regulator from questioning witnesses on matters beyond the scope of the case. Binance alleges that the SEC has launched a crusade against it
SEC's stance is unfounded and constitutes a misuse of disclosure regulations
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The exchange is seeking to prevent the regulator from questioning witnesses on matters beyond the scope of the case. Binance alleges that the SEC has launched a crusade against it
SEC's stance is unfounded and constitutes a misuse of disclosure regulations
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The "Kod Durova" portal has published a report about the growing number of cases related to scams through number spoofing on Telegram, where fraudsters pretend to be other subscribers
The method is quite straightforward.Scammers enter their desired phone number in the "name" field during registration or when changing their profile on Telegram, while the actual number remains hidden in the privacy settings. As a result, when making calls, the "spoofed" number is displayed, confusing potential victims
In Telegram, the profile name is primarily visible, not the phone number. Even if the number is not hidden, only the name is displayed
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The "Kod Durova" portal has published a report about the growing number of cases related to scams through number spoofing on Telegram, where fraudsters pretend to be other subscribers
The method is quite straightforward.Scammers enter their desired phone number in the "name" field during registration or when changing their profile on Telegram, while the actual number remains hidden in the privacy settings. As a result, when making calls, the "spoofed" number is displayed, confusing potential victims
In Telegram, the profile name is primarily visible, not the phone number. Even if the number is not hidden, only the name is displayed
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Shiba Inu fell by 7.8% following the launch of the Shibarium mainnet on the second layer. The launch of Shibarium has sparked the "animal spirits of memecoins" and revived old rivalries.
Lead developer Shytoshi Kusama stated that the new second layer combines community and decentralization, setting it apart from other blockchains
While stable cryptocurrencies remain in anticipation of a wind promising institutional adoption, memecoins operate under a "completely uncorrelated animal spirit," said Genesis' Head of Trading, Gordon Grant
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Shiba Inu fell by 7.8% following the launch of the Shibarium mainnet on the second layer. The launch of Shibarium has sparked the "animal spirits of memecoins" and revived old rivalries.
Lead developer Shytoshi Kusama stated that the new second layer combines community and decentralization, setting it apart from other blockchains
While stable cryptocurrencies remain in anticipation of a wind promising institutional adoption, memecoins operate under a "completely uncorrelated animal spirit," said Genesis' Head of Trading, Gordon Grant
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The authorities of the city of Cheongju are demanding information about users from cryptocurrency exchanges
The authorities of the South Korean city of Cheongju have demanded that 7 cryptocurrency exchanges (including Upbit and Bithumb)provide information about the assets of 8520 users who have not paid taxes. They are planning to seize the cryptocurrency.
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The authorities of the city of Cheongju are demanding information about users from cryptocurrency exchanges
The authorities of the South Korean city of Cheongju have demanded that 7 cryptocurrency exchanges (including Upbit and Bithumb)provide information about the assets of 8520 users who have not paid taxes. They are planning to seize the cryptocurrency.
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BlackRock Utilizes Coinbase for Discreet Bitcoin Accumulation
When major players like BlackRock allocate their resources into specific assets, it becomes a matter of widespread attention
According to data from May, 'Institutions accounted for approximately 75% of the total trading volume on the Coinbase platform, amounting to $309billion for the first quarter,' the company stated in May
Among their clients are large corporate treasuries and, of course, asset managers. — as reported by Financial News London'
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BlackRock Utilizes Coinbase for Discreet Bitcoin Accumulation
When major players like BlackRock allocate their resources into specific assets, it becomes a matter of widespread attention
According to data from May, 'Institutions accounted for approximately 75% of the total trading volume on the Coinbase platform, amounting to $309billion for the first quarter,' the company stated in May
Among their clients are large corporate treasuries and, of course, asset managers. — as reported by Financial News London'
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Over the past 24 hours, the hype-fueled meme token PEPE has suffered significant losses, plummeting by 25%
From the multi-signature wallet of PEPE, over 16 trillion tokens were transferred to addresses associated with platforms Binance, OXK, and Bybit.
According to analysts who shared their observations, there is a possibility that [B]Zachary Testa[/B] might be behind the creation of PEPE. He could be using proceeds from PEPE sales to invest in sports cars.
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Over the past 24 hours, the hype-fueled meme token PEPE has suffered significant losses, plummeting by 25%
From the multi-signature wallet of PEPE, over 16 trillion tokens were transferred to addresses associated with platforms Binance, OXK, and Bybit.
According to analysts who shared their observations, there is a possibility that [B]Zachary Testa[/B] might be behind the creation of PEPE. He could be using proceeds from PEPE sales to invest in sports cars.
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Binance has announced an official position in which residents of Russia registered on the platform will continue to have the option to trade on Binance P2P exclusively using the Russian Ruble
At the same time, Russian citizens residing outside the country have received confirmation that they can continue to use Binance P2P to conduct transactions with various fiat currencies, excluding the Ruble, Euro, Dollar, and Hryvnia
To activate this feature, successful completion of the verification process is required, along with submission of a foreign document, such as a residence permit (temporary or permanent)
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Binance has announced an official position in which residents of Russia registered on the platform will continue to have the option to trade on Binance P2P exclusively using the Russian Ruble
At the same time, Russian citizens residing outside the country have received confirmation that they can continue to use Binance P2P to conduct transactions with various fiat currencies, excluding the Ruble, Euro, Dollar, and Hryvnia
To activate this feature, successful completion of the verification process is required, along with submission of a foreign document, such as a residence permit (temporary or permanent)
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Mining is set to be recognized as an industrial sector
A proposal has emerged in Russia to acknowledge cryptocurrency mining as a distinct industrial sphere
Official approval is being planned for cryptocurrency mining as an integral part of economic activity, with a linkage of this endeavor to a specific industrial code within the framework of the All-Russian Classifier of Types of Economic Activities (OKVED)
The driving force behind this idea is the leading participant in the Russian market - BitRiver, a company specializing in data center management. The company has directed this proposal to Denis Manturov, the Minister of Industry and Trade
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Mining is set to be recognized as an industrial sector
A proposal has emerged in Russia to acknowledge cryptocurrency mining as a distinct industrial sphere
Official approval is being planned for cryptocurrency mining as an integral part of economic activity, with a linkage of this endeavor to a specific industrial code within the framework of the All-Russian Classifier of Types of Economic Activities (OKVED)
The driving force behind this idea is the leading participant in the Russian market - BitRiver, a company specializing in data center management. The company has directed this proposal to Denis Manturov, the Minister of Industry and Trade
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Plans to Establish a Major Technological Hub in Central America
"Step by step, El Salvador is moving forward. We believe that innovative technologies and foreign investment influx play a crucial role in our development. Rapidly, we are becoming a true center of innovation. Collaboration with Google Cloud opens up unique perspectives for fostering innovation, contributing to economic growth, and enhancing government services," stated El Salvador's leader, Nayib Bukele.
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Plans to Establish a Major Technological Hub in Central America
"Step by step, El Salvador is moving forward. We believe that innovative technologies and foreign investment influx play a crucial role in our development. Rapidly, we are becoming a true center of innovation. Collaboration with Google Cloud opens up unique perspectives for fostering innovation, contributing to economic growth, and enhancing government services," stated El Salvador's leader, Nayib Bukele.
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SEC has postponed the review of applications for spot BTC-ETFs
The U.S. Securities and Exchange Commission (SEC) has stated that it requires a longer period to evaluate multiple applications for the creation of spot Bitcoin ETFs, including applications from investment giants BlackRock, Wisdom Tree Funds, Invesco, Valkyrie Funds, Fidelity, and VanEck. Meanwhile, BitWise has withdrawn its request.
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SEC has postponed the review of applications for spot BTC-ETFs
The U.S. Securities and Exchange Commission (SEC) has stated that it requires a longer period to evaluate multiple applications for the creation of spot Bitcoin ETFs, including applications from investment giants BlackRock, Wisdom Tree Funds, Invesco, Valkyrie Funds, Fidelity, and VanEck. Meanwhile, BitWise has withdrawn its request.
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Nigeria - the country with the highest cryptocurrency awareness in the world
According to a survey, 99% of the residents of this country claimed to have knowledge about cryptocurrencies, and 70% of them even understand the principles of blockchain technology that underlie them. Furthermore, 90% of those surveyed are willing to invest in cryptocurrencies.
Countries like Nigeria and South Africa consider cryptocurrencies more as a financial opportunity and a means of ensuring financial security.
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Nigeria - the country with the highest cryptocurrency awareness in the world
According to a survey, 99% of the residents of this country claimed to have knowledge about cryptocurrencies, and 70% of them even understand the principles of blockchain technology that underlie them. Furthermore, 90% of those surveyed are willing to invest in cryptocurrencies.
Countries like Nigeria and South Africa consider cryptocurrencies more as a financial opportunity and a means of ensuring financial security.
OpenAI and Microsoft Accused of Data Theft for Training ChatGPT and Other AI-based Models
According to the plaintiffs, the AI models developed by these companies use personal information of hundreds of millions of internet users without their consent
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OpenAI and Microsoft Accused of Data Theft for Training ChatGPT and Other AI-based Models
According to the plaintiffs, the AI models developed by these companies use personal information of hundreds of millions of internet users without their consent
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Representatives of the PEPE meme project have reported the hacking of the group's Telegram administrator account
The project's messenger account is also linked to this account
According to them, both accounts are now controlled by an unknown entity, with no intentions of committing fraud, deceiving people, or launching other coins. They have noted that official information will now be published only on X
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Representatives of the PEPE meme project have reported the hacking of the group's Telegram administrator account
The project's messenger account is also linked to this account
According to them, both accounts are now controlled by an unknown entity, with no intentions of committing fraud, deceiving people, or launching other coins. They have noted that official information will now be published only on X
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Payment giant PayPal has launched a cryptocurrency-to-dollar conversion service
Funds will be transferred from the cryptocurrency wallet directly to the user's account on the platform. Now, PayPal supports two-way conversion: on-ramp and off-ramp payments
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Payment giant PayPal has launched a cryptocurrency-to-dollar conversion service
Funds will be transferred from the cryptocurrency wallet directly to the user's account on the platform. Now, PayPal supports two-way conversion: on-ramp and off-ramp payments
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