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FTX seeks to reverse payments made to Shaq, Naomi Osaka and Miami Heat
11.9.2023
FTX laid out the millions it paid to the likes of Shaquille O’Neal, Naomi Osaka and other high-profile people it’s looking to get back
FTX Looking to Recover Millions Paid to Athletes and Sports Clubs
10.9.2023
Advisers working for FTX have analyzed if some payments made by the failed crypto exchange to sports stars and organizations can be returned. The money went to celebrity athletes, including basketball legend Shaquille O’Neal, and sports teams like the NBA’s Miami Heat and Formula 1’s Mercedes under...
JPMorgan Mulls Blockchain-Based Deposit Token, Report
10.9.2023
America’s biggest bank by assets, JPMorgan Chase, is exploring a blockchain-based deposit token for cross-border payments and interbank transfers. If approved by regulators, the banking giant may create the digital asset, which would be different from its existing JPM Coin as it could be used...
FTX Advisors Investigate Recovery of Pre-Collapse Payments to Shaq, Naomi Osaka, and More
9.9.2023
FTX Group advisers are investigating the possibility of reclaiming millions of dollars paid to celebrities, including Shaquille O'Neal and Naomi Osaka, for their endorsements of Sam Bankman-Fried's cryptocurrency platform before its collapse....
Read More: FTX Advisors Investigate Recovery...
Ripple Acquires Crypto Financial Services Company Fortress Trust
8.9.2023
Ripple, a leading blockchain and cryptocurrency company, has acquired Fortress Trust, a Nevada-licensed financial services provider for the crypto industry. The purchase expands Ripple’s regulatory licenses and infrastructure to bolster its position in enterprise blockchain solutions. Ripple...
Why Freelancers Are Turning to Blockchain for Payments
8.9.2023
Freelancing has become a significant part of the global job market in recent years. As traditional job roles evolve, more people are choosing freelance work to have flexible schedules and diverse income streams....
Read More: Why Freelancers Are Turning to Blockchain for Payments
Singapore regulatory sandbox lacks qualified crypto payment providers
8.9.2023
The MAS has said that rising malware scam cases in Singapore have nothing to do with cryptocurrencies. On the contrary, it claimed, such scams are more prevalent in the fiat economy
CFPB examines Big Tech's role in mobile payment systems ahead of rulemaking
7.9.2023
The U.S. Consumer Financial Protection Bureau has focused the role of Apple and Google in mobile payments with a critical eye
China Wants the Digital Yuan to Be Ubiquitous in Retail Payments Arena
6.9.2023
China is pushing for universal national adoption of the digital yuan, with People’s Bank of China’s (PBOC) officials stating the currency should be available for all retail payment scenarios. The recent introduction of a standard for QR-based payment codes is part of this move, which...
Digital Yuan Will Revolutionize Chinese Retail Payments – Central Bank Exec
6.9.2023
A Chinese central bank chief has claimed the digital yuan will revolutionize the way the nation makes retail payments, and suggested the CBDC could one day “completely replace” cash.
Per Yicai, Mu Changchun, Head of the Digital Currency Research Institute at the People’s Bank of China (PBoC), made...
Breaking: Payments Firm VISA to Begin Using Solana Blockchain for Stablecoin Settlements
5.9.2023
Visa, the global payments giant, has unveiled its expansion into the world of stablecoin payments, featuring integration with the Solana blockchain, and has initiated collaborations with prominent merchant banks, Worldpay and Nuvei....
Read More: Breaking: Payments Firm VISA to Begin Using Solana...
Today in Crypto: Synapse Protocol Reports Potential Rugpull, IQ.wiki Partners With InvestHK, World Has 88,200 Crypto Millionaires
5.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Synapse Protocol Reports Potential Rugpull, IQ.wiki Partners With InvestHK, World Has 88,200 Crypto...
Visa Taps Solana and USDC Stablecoin to Boost Cross-Border Payments
5.9.2023
The company said it is one of the first major payment institutions to use directly the Solana network for settlements
Visa Expands Stablecoin Settlement to Solana and Merchant Acquirers
5.9.2023
Visa is taking a step in advancing digital currency adoption by expanding its stablecoin settlement capabilities to the Solana blockchain network. The payments giant also announced new pilot programs with merchant acquirers Worldpay and Nuvei to explore streamlining settlement in the Circle-issued...
Visa taps into Solana to widen USDC payment capability
5.9.2023
The global payments firm has expanded its stablecoin settlement capability to include USDC tokens issued on the Solana blockchain
Making real-world blockchain solutions possible — Solana co-founder Raj Gokal
5.9.2023
Web3 has had its ups and downs over the last few years, but does it have any real-world use cases?
Mobile payments and crypto: A synergistic future
5.9.2023
Mobile payments have been transforming the way businesses get paid or make payments. They offer efficiency, security, convenience, and added opportunities for value creation and innovation. The emergence of blockchain and cryptocurrencies as alternative payment systems has enhanced mobile payments...
RBI Governor Touts CBDC as Solution to 'High Cost, Low Speed' Cross-Border Payments
5.9.2023
Reserve Bank of India’s (RBI) Governor Shaktikanta Das has touted Central Bank Digital Currencies (CBDCs) as a solution to 'high cost, low speed' cross-border payments.
In a recent keynote address at the G20 TechSprint Finale 2023 in Mumbai, RBI Governor emphasized the potential of CBDCs...
Indian central bank-backed NPCI begins blockchain recruitment
4.9.2023
Singapore, Malaysia, UAE, France, BENELUX countries, Nepal and the UK have adopted the NPCI's UPI payments system in varying degrees
Colorado DMV Accepts Crypto Payments Through Paypal
2.9.2023
The Colorado Department of Motor Vehicles (DMV) has announced it accepts cryptocurrency for its online services via the payment processor Paypal. Besides paying local taxes with coins, residents of the crypto-friendly state will be able to use their digital cash to renew driver’s licenses...