With the increasing adoption of crypto and stablecoins, MoneyGram is planning to launch a stablecoin-based payments system that allows users to send funds in real-time. The payments platform has entered into a partnership...
On the first day of 2021, Cardano (ADA) was only priced at $0.1753. After a sustained rally in July/August 2021, Ada became the third-largest cryptocurrency by market cap (following Bitcoin and Ethereum, respectively), and...
Crypto exchange Coinbase revealed that hackers were able to breach the platforms security early this year. Around 6,000 accounts were affected by the hack that exploited a vulnerability in the companys SMS multi-factor...
Due to the massive energy requirement for crypto mining, Bitcoins carbon footprint has become a major issue for the industry. However, a new study projects that BTC mining activities will represent only 0.9 percent of...
Users of the crypto exchange Coinbase accidentally sent emails to the platforms users notifying them that their two-factor authentication (2FA) has been reset. The faux pas caused panic among thousands of users who...
Facebook is considering the possibility of adding non-fungible tokens (NFT) support to its crypto wallet. Novi, the social media giants proprietary crypto wallet, is slated for launch sometime this year. Facebook...
With news about hackers successfully stealing millions of dollars in crypto regularly making it to the headlines, securing their crypto holdings is one of the most important steps investors could make to protect their...
Hackers stole $613 million worth of cryptocurrencies on Tuesday in what is described as the largest ever crypto heist ever. But what surprised the crypto community is that the perpetrators promptly returned $260 million of...
SBI Remit Co., Ltd will soon be offering a cheaper remittance option for those who want to send money from Japan to the Philippines. This is made possible with Ripples first On-Demand Liquidity (ODL) service, which uses...
Russia is one of the countries that are forging ahead with its central bank digital currency development. However, a recent study revealed that Russians might not yet be ready to use the CBDC with four out of 10...
The crypto rally market rally sent popular digital currencies such as Bitcoin (BTC) and Ethereum (ETH) to new all-time highs and attracted hoards of new investors into the new asset class. With the global rise in crypto...
China appears to be ahead of the pack in the central bank digital currency race. The Peoples Bank of China, the countrys central bank, has already tested its CBDC pilot also known as the digital yuan in a variety of...
South Korea is moving ahead with its central bank digital currency program. Bank of Korea recently chose a subsidiary of the internet giant Kakao as its preferred bidder for its digital won project. Bank of Korea...
Aside from pulling down the prices of Bitcoin (BTC), Ether (ETH), and other digital currencies, Chinas recent crypto crackdown caused the exodus of mining firms from the country. Various North American mining firms are now...
The REvil group has lowered its demand to $50 million in Bitcoin (BTC). The Russian group was behind the massive ransomware attack on Friday which affected at least 200 U.S. firms. The ransomware group initially...