July 24, 2024
Crypto Company Fold Set to Go Public in SPAC Merger

Fold, which describes itself as a “bitcoin financial services company” is set to go public. The company plans to list on Nasdaq after merging with publicly-traded special purpose acquisition company...

July 23, 2024
Swiss Lenders Aim to Fill Crypto Payment Gap

Following the collapse of two crypto-friendly American banks, European lenders are reportedly filling that space. As Bloomberg News reported Tuesday (July 23), two Swiss banks — Amina Bank and Sygnum...

July 21, 2024
NYDFS Bolsters Crypto Oversight with Dubai Regulator Veteran

New York’s financial watchdog has appointed Kenneth Coghill, a former high-ranking official from Dubai’s financial regulator, as the new deputy superintendent of virtual currency at the New York State Department...

July 18, 2024
Cryptocurrency Exchange WazirX Loses $230 Million in Cyberattack

Indian cryptocurrency exchange WazirX said Thursday (July 18) that it lost more than $230 million in a cyberattack. “This is a force majeure event beyond our control, but we are...

July 18, 2024
Physical Cards: The Unexpected Frontier in Digital Security

Dr. Adam Lowe, chief product and innovation officer at CompoSecure, hears it all the time from banking executives when the topic is securing payments: “We cannot introduce friction.” But the...

July 17, 2024
Report: State Street Considering Several Blockchain-Based Projects

State Street is reportedly looking at a number of options for settling payments on blockchain. The financial services and banking firm is considering creating its own stablecoin, creating its own...

July 17, 2024
Web3 This Week: BlackRock CEO Calls Bitcoin ‘Legitimate,’ Mainstream Off-Ramps...

Traditional financial operations are centralized, regulated and audited. Blockchain technology and cryptocurrencies are, well, pretty much the opposite, relying instead on cryptographic algorithms and decentralized consensus mechanisms to secure transactions....

July 15, 2024
Tencent Cloud and PlaysOut Partner on Embedded Services for Super...

Tencent Cloud and PlaysOut have unveiled a collaboration on embedded services for super apps. PlaysOut, a global gaming technology company, will leverage the Tencent Cloud Mini Program Platform (TCMPP) to...

July 15, 2024
Visa and Wirex Partner on Digital Currency Use in Europe,...

 Visa has teamed with WireX to promote the use of digital currencies in Europe and the UK. “This collaboration will explore new opportunities to leverage and integrate innovative Visa cards...