Mastercard Launches Crypto Credential Service for Cross Border Transfers
“If two people want to transfer value from one country to another country, the level of compliance and verification needed is complex,” said Raj Dhamodharan Head of Crypto and Blockchain at Mastercard. “So how do you identify those wallets, and how do you exchange enough information about the other party?”
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UK Thieves Burgle Bitcoin Center, Find Zilch
news In a daring, if baffling, evening raid thieves allegedly broke into the so-called Bitcoin Embassy on Formans Road in the U.K. city of Birmingham. The thieves attacked at 10pm on July 15, according to the Birmingham Mail. Recorded and posted to Facebook, the daring late-evening attack netted the thieves what looked like, at first,…

Thailand Already Using Central Bank’s Digital Currency
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Telegram CEO’s Arrest Is Unlikely to Be the Last: Galaxy
The first major arrest of a prominent messaging or social media company CEO may not be the last, Galaxy said. Telegram and Durov were probably resisting takedown or information requests, the report said. Some of the charges could be linked to Telegram's integration with TON or the blockchain's presumed use in illegal activity, Galaxy said.

Polychain, Lightspeed Lead $7M Fundraise for Math Olympian’s Blockchain-Based AI Platform
Hyperbolic, one of the newer contenders in the race to apply blockchain tech to artificial intelligence, has raised $7 million in a seed funding round led by Polychain Capital and Lightspeed Faction. The AI boom has strained the global supply chain for graphics processing units (GPUs) and other hardware used to train AI models. Surging

Uniswap Labs Releases Its Plan for Uniswap v4, Invites Community Feedback
Uniswap Labs, the team behind the decentralized finance (DeFi) juggernaut Uniswap, announced its vision for the next iteration of its crypto exchange platform: Uniswap v4.For the first time ever, Uniswap Labs is inviting community feedback on Uniswap v4 before its public launch. This strategy, focused on community input, is meant to underscore Uniswap's dedication to…

Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official
news Facebook’s Libra must achieve the highest standards of U.S. regulatory compliance prior to any launch, a U.S. Treasury official has said. Speaking to reporters in Geneva, Switzerland, Sigal Mandelker, under secretary of the Treasury for terrorism and financial intelligence, said not only Libra, but other cryptocurrencies operating in all or part of the U.S. will…

US House Passes Two Blockchain Amendments in Annual Defense Budget Bill
Jul 23, 2020 at 09:03 UTCUpdated Jul 23, 2020 at 09:16 UTC(Bumble Dee/Shutterstock)The U.S. House of Representatives has unanimously passed two amendments to the National Defense Authorization Act (NDAA) that could boost the use of blockchain technology in the nation’s military. While the amendments are yet to be set in stone, and are pending approval…

Bitcoin’s Lightning Becomes Latest Protocol to Court Publishers With Micropayments
Mar 31, 2020 at 19:50 UTCUpdated Mar 31, 2020 at 20:11 UTCLightning Labs co-founder Olaoluwa Osuntokun at the 2019 Lightning Conference in Berlin. (Credit: Lightning Labs)Bitcoin’s Lightning Becomes Latest Protocol to Court Publishers With MicropaymentsThe trouble with bitcoin payments these days may be a lack of spenders, not spending opportunities. On Monday, the Silicon Valley bitcoin…