Bitget boosts security with Sumsub’s deepfake AI detection
Sumsub’s AI-powered deepfake detection and fraud prevention will go a long way toward ensuring both companies meet high security standards.
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Japan-based messaging app will offer trial run of native token starting in March
LINE Pay said it was considering adding other cryptocurrencies including Bitcoin and Ether to its payments options in the future 508 Total views 5 Total shares Users of Japanese messaging giant LINE will soon be able to use the app’s native token for payments at select online merchants in a limited trial.In a Tuesday announcement,…

DeFi Cannibalizes Ethereum Block Space
Data published by Ganesh Swami, the co-founder of Ethereum (ETH) analysis firm, Covalent, indicates that decentralized finance, or DeFi, transactions are representing an increasing share of Ethereum block space at the expense of ETH transfers.Swami analyzed the gas costs incurred by Ethereum transactions over time in order to estimate the share of network activity represented…

UN agency accepts first stablecoin donations worth $2.5M to help Ukrainian refugees
Crypto donations have proven vital for Ukraine and its people, as the country has received over $100 million in crypto donations since the conflict broke out. 181 Total views 26 Total shares The United Nations High Commissioner for Refugees (UNHCR), a UN agency for refugees, has accepted its first-ever crypto donations toward humanitarians aid for…

Zuckerberg to Testify Before Congress Regarding Libra Stablecoin
Facebook CEO Mark Zuckerberg will testify before the House of Representatives Financial Services Committee on Oct. 23 regarding the firm’s proposed Libra stablecoin project.On Oct. 9, Congresswoman Maxine Waters officially announced that Zuckerberg will testify before Congress at a hearing entitled “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors.”Libra…

Coinbase Card Adds XRP and Launches in 10 More European Countries
Coinbase’s Visa debit card has expanded support for five more cryptocurrencies in ten new jurisdictions, the firm announced in two separate tweets on Nov. 14. Launched in April 2019, Coinbase Card now supports a total of nine cryptocurrencies in 29 countries in Europe.The Coinbase Card’s new supported cryptos include XRP, Stellar (XLM), Basic Attention Token…

Scaramucci surprised at lack of banking response to Coinbase listing
Will competing companies come out of the woodwork? 4988 Total views 21 Total shares After much anticipation, Coinbase listed on the Nasdaq on Wednesday via a direct listing. Skybridge founder Anthony Scaramucci thinks the event should have been met with more attention from banks. “What I’m surprised about frankly is there isn’t a wake-up call at…

Grayscale launches Aave fund amid DeFi surge: Finance Redefined
While Grayscale launches a new Aave investment fund, Polymarket users face wallet breaches linked to Google logins.

Animoca eyes SportFi ecosystem, becomes Chiliz Chain validator
Animoca Brands will become a validator for the Chiliz Chain as the venture capital firm looks to capitalize on the SportFi ecosystem. 427 Total views 2 Total shares Venture capital firm Animoca Brands will put its weight behind fan token blockchain Chiliz Chain as it joins the network as a validator within its proof-of-stake authority