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Jerome Powell supported the regulation of Stablecoins in the US

Jerome Powell supported the regulation of Stablecoins in the US

In an era of unprecedented digital transformation, the potential introduction of a Central Bank Digital Currency (CBDC) in the United States has been a topic of much debate and discussion among policymakers, financial experts, and the public at large. Recently, Federal Reserve Chairman Jerome Powell provided a crucial update to

"The Decline of the Turkish Lira: A Comprehensive Analysis of Its Record Low Against the U.S. Dollar"

"The Decline of the Turkish Lira: A Comprehensive Analysis of Its Record Low Against the U.S. Dollar"

Introduction The Turkish lira's continued descent in the global currency market has become a focal point for economic discussions, especially following its recent record low against the U.S. dollar. On a fateful Thursday, the lira plummeted to an unprecedented rate of 30.005 against the dollar, just before noon

Trust Wallet

Trust Wallet

Introduction Overview of Trust Wallet and its recent initiatives.Introduction of Wallet-as-a-Service (WaaS) and its significance.Development of Wallet-as-a-Service (WaaS) Details about WaaS and its API offerings for corporate clients.The role of WaaS in promoting decentralized applications.Collaboration with Binance Discussion on Trust Wallet's collaboration with Binance.The strategic

New Mystic Stealer virus steals user data from crypto wallets and apps

New Mystic Stealer virus steals user data from crypto wallets and apps

Cyber security analysts at Zscaler and Cyfirma report that hackers created a new kind of virus, Mystic Stealer, in April this year that can steal data from 70 browser extensions and crypto-purses. The list includes MetaMask, Coinbase Wallet, Binance, Rabby Wallet, OKX Wallet, OneKey, etc. Experts suggest using quality antivirus

VISA and Mastercard postpone crypto partnerships until market conditions improve.

VISA and Mastercard postpone crypto partnerships until market conditions improve.

Payment giants Visa and Mastercard are suspending new partnerships with cryptocurrency companies after a string of high-profile crashes, Reuters reports. The companies are putting plans on hold until market conditions improve. The company stressed that the new project is in no way related to BAYC or other Ethereum-based collections. Moreover,

Mastercard to introduce cryptopayments in DeFi and meta-villages

Mastercard to introduce cryptopayments in DeFi and meta-villages

Payments giant Mastercard has become a partner of Web3 provider Immersve. It will enable crypto-payments in decentralised protocols and metavalleys. It will also be possible to make payments at physical retail outlets that support Mastercard. In this case, the payment will be made through the conversion of USDC into fiat.

Head of NFT at Mastercard resigns due to constant stress

Head of NFT at Mastercard resigns due to constant stress

Satvik Sethi, head of NFT at Mastercard, has announced his resignation from the company. He stated that he was fully in charge of the payment giant's Web3 projects. All issues related to this area went through him. He says the working conditions at the firm were awful. Now he is

Signature Bank to limit transactions by Binance customers

Signature Bank to limit transactions by Binance customers

U.S. bank Signature will no longer process SWIFT transactions of its crypto-customers of less than $100 thousand. The policy change will primarily affect cryptocurrency exchange Binance and its users. Signature Bank explained its decision by its desire to distance itself from the cryptocurrency segment and minimize risks.

UK: Mastercard again loses appeal against £14 billion class action lawsuit

UK: Mastercard again loses appeal against £14 billion class action lawsuit

Mastercard is facing a £14 billion class action lawsuit over exchange fees after a court rejected a failed appeal. If successful, 46 million claimants could receive £300 each. On September 6, 2016, Merricks filed suit as a class action, made possible by the Consumer Rights Act of 2015. It seeks