BCB Group, a leading payments processor connecting crypto firms to the banking system, has garnered acquisition interest from an investor, according to sources familiar with the matter. This interest emerged while the London-based company was in the process of exploring a Series B funding round. Although BCB Group is not formally up for sale, the…
Mastercard (NYSE:MA), a global leader in the payments industry, has partnered with Mercuryo to launch a groundbreaking euro-denominated crypto debit card. This Mastercard crypto debit card enables users to spend their cryptocurrency holdings at more than 100 million merchants across Europe, directly from their self-custodial wallets. As part of Mastercard’s broader strategy to integrate digital…
Robinhood Markets, Inc. (NASDAQ:HOOD) has agreed to pay a $3.9 million settlement to resolve claims related to its cryptocurrency platform. The California Department of Justice reached this decision after allegations that Robinhood’s crypto platform prevented customers from withdrawing their cryptocurrency assets between 2018 and 2022. This settlement underscores the growing scrutiny surrounding crypto platforms and…
How Telegram Crypto Adoption Is Transforming Web3 Access Through TON Telegram, the messaging app known for its commitment to free speech and openness, has found itself at the center of a significant shift in how people adopt cryptocurrencies. With over 950 million users, Telegram has evolved beyond its messaging platform roots, becoming a catalyst for…
The cryptocurrency market has been rocked by significant fluctuations, with Bitcoin ETF losses continuing to accumulate. On September 3, spot Bitcoin exchange-traded funds experienced their fifth consecutive day of outflows, totaling $287.8 million in negative flows. As the market grapples with sharp declines, Bitcoin ETFs now hold a total net asset value of $52.7 billion,…
In the world of decentralized finance, security breaches have become an unfortunate reality, and the recent attack on the Penpie yield optimizer—a protocol based on Pendle—once again underscores the importance of DeFi platform security. On Tuesday, Penpie was hacked, resulting in the theft of approximately $27.3 million in assets. However, Pendle, the parent protocol, announced…
Bitcoin ATM scams have surged dramatically in recent years, with Americans losing over $10 million per month to these fraudulent schemes in 2023 alone. According to a report from the Federal Trade Commission, fraud involving Bitcoin ATMs has increased tenfold between 2020 and 2023, costing U.S. residents $65 million in just the first half of…
Institutional giants BlackRock (NYSE:BLK) and Fidelity are doubling down on Bitcoin, sparking a heated discussion on Bitcoin investment safety. As these financial powerhouses enter the cryptocurrency space, concerns about the volatility of Bitcoin and its future role in the global financial system continue to grow. Rob Nelson, anchor of the Roundtable, recently hosted a conversation…
Ripple is set to significantly enhance the XRP Ledger by integrating Ethereum-compatible smart contracts through a new sidechain. This development marks a major step forward for the XRP ecosystem, expanding its capabilities beyond basic transactions to include complex applications such as decentralized exchanges, token issuance, and more. The integration of smart contracts will make the…
The cryptocurrency market saw a modest uptick in the latest CoinDesk 20 performance update, with the index rising 0.9% to reach 1864.5 points. This gain was driven by strong performances from several key assets, including Polkadot and Hedera Hashgraph, which emerged as the top performers in the index. As the market continues to navigate a…