The payments industry has experienced significant growth over the past five decades, becoming one of the largest and fastest-growing sectors globally. However, a major issue plagues this sector – it still relies on outdated technology rails that are now 50 years old. This antiquated technology becomes increasingly inefficient as time passes, hindering the industry’s ability
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Peter Diamandis, a renowned figure in the world of technology and innovation, recently posed a thought-provoking question to his substantial following on X. The responses he received shed light on the unwavering reliability of Bitcoin. One notable reply highlighted Bitcoin’s track record of consistently fulfilling its core function of processing transactions and maintaining the integrity
Opeyemi is a passionate writer deeply immersed in the world of cryptocurrency. Despite not initially choosing the digital asset industry, he has found himself captivated by the complexities of blockchain technology and the ever-evolving trends in the crypto market. Analyzing Price Charts While Opeyemi spends a significant amount of time looking through price charts, his
Congressman Wiley Nickel from North Carolina has recently taken a strong stance against the US Securities and Exchange Commission (SEC), accusing the agency of damaging trust in the regulatory system through its “regulation by enforcement” tactic. Nickel has publicly criticized the SEC’s approach, labeling it as an abuse of power that could impede digital innovation
Recently, Telegram CEO Pavel Durov found himself in legal trouble as he was released from prison and placed under judicial supervision with stringent conditions. One of the conditions includes a hefty €5 million bond that Durov must deposit. Additionally, he is not allowed to leave French territory and has to report to the police station
The NFL Rivals mobile game, authorized by the National Football League (NFL) and the NFL Players Association, has recently announced a new partnership with the Kansas City Chiefs, the reigning champions of Super Bowl LVIII. This collaboration marks a significant milestone for NFL Rivals as it embarks on its second year as the “Official Mobile
The recent Wells notice issued by the U.S. SEC to OpenSea has ignited a heated debate on the regulation of digital assets, particularly non-fungible tokens (NFTs). The SEC alleges that some NFTs traded on the platform may be considered unregistered securities, raising concerns about the legality of OpenSea’s operations. This move by the SEC is
Ryan Salame, a former FTX executive, has recently opted to withdraw his petition to dismiss the indictment against Michelle Bond just before a crucial court hearing. This decision was communicated to Judge Lewis A. Kaplan of the Southern District of New York by Salame’s legal team in a letter dated Aug. 29. The withdrawal of
Crypto.com, a Singapore-based cryptocurrency exchange, has recently partnered with Standard Chartered, a leading multinational banking institution, to offer fiat services to retail users worldwide. This collaboration marks a significant milestone in Crypto.com’s global expansion plans, starting with the provision of banking and payment solutions to facilitate the deposits and withdrawals of USD, EUR, and AED
Japan’s Minister of Economy, Trade, and Industry, Takeru Saito, recently unveiled tax reforms aimed at fostering the growth of startups in the Web3 and blockchain sectors. This announcement was made during the WebX Conference, Tokyo’s largest event focused on cryptocurrencies. Saito emphasized Japan’s support for Web3 innovation and the government’s dedication to creating a conducive
