Eligible US users can fund MoonPay crypto purchases with Cash App balances as the payments firm expands beyond its core onramp business. MoonPay has integrated Cash App Pay as a payment option for cryptocurrency purchases, allowing eligible US customers to fund transactions using their Cash App balances. The crypto payments company said in an announcement...Continue Reading
Eligible EEA users can trade conventional US shares alongside more than 700 tokenized xStocks through Kraken’s European entity. Kraken has launched trading in more than 7,000 US-listed stocks for customers in the European Economic Area (EEA), expanding its traditional finance offering alongside cryptocurrencies and tokenized equities. The crypto exchange said Tuesday that eligible EEA customers...Continue Reading
Bitcoin derivatives markets created a short squeeze that took BTC price action 3% higher on Monday. Bitcoin (BTC) short liquidations hit their highest in almost one month as it hit $64,500 on Monday, new data reveals. Key points: Read moreContinue Reading
BitBox recommended all users update to firmware version 9.26.5 and said it had received no reports of exploitation or fund losses. Hardware wallet maker BitBox has released a firmware update that fixes two vulnerabilities it described as “severe” that could have enabled the installation of malicious firmware or put user funds at risk. In a...Continue Reading
The newly authorized lenders will begin offering e-CNY services after completing operational and technical preparations. China’s central bank has added eight banks to its digital yuan network, bringing the number of e-CNY operating institutions to 30. The People’s Bank of China (PBOC) added Ping An Bank, Hengfeng Bank, China Bohai Bank, Bank of Shanghai, Bank...Continue Reading
The Korea Media and Communications Commission said Polymarket’s structure and operations amount to illegal gambling despite its noncustodial design and smart contracts. South Korean authorities have ordered access to Polymarket to be blocked after determining that the crypto prediction market provides an illegal gambling environment to users in the country. The country’s media and communications...Continue Reading
Developers have been urged to test on Plataberget before Glamsterdam’s new gas model reaches Ethereum’s other testnets and mainnet. The Ethereum Foundation (EF) has warned that some wallets, indexers and gas estimators may break because of gas-model changes in the upcoming Glamsterdam upgrade. On Monday, the EF’s Protocol DevOps team said any tool relying on...Continue Reading
Ripple is bringing its cross-border payments platform to Jeonbuk Bank, but key details including its launch status and settlement asset remain undisclosed. South Korea’s Jeonbuk Bank has partnered with blockchain payments company Ripple to deploy its cross-border payment system for business customers. On Tuesday, Ripple said its Ripple Payments platform would let the bank’s customers...Continue Reading
Prosecutors allege Edward Zimbardi collected crypto from thousands of investors, lost over $34 million on currency trades and spent at least $10 million personally. Edward Zimbardi, the alleged mastermind of a $165 million crypto Ponzi scheme, was returned to the United States after being deported from Fiji to face federal fraud and money laundering charges. ...Continue Reading
Binance’s bStocks are the second largest tokenized stock issuer just two months after launch, and BitMart’s internal feud erupts into the spotlight ahead of its closure BitMart’s official Chinese-language X account has publicly demanded that founder Sheldon Xia explain the whereabouts of user funds and produce a repayment plan. It said some users were unable...Continue Reading
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