Mercado Libre launches USD-pegged Meli Dollar stablecoin in Brazil
The new stablecoin will provide Mercado Libre customers a new option for managing their finances in Brazil’s volatile economy.
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Crypto scams are going to ramp up with the rise of AI
With talk about integrating artificial intelligence and the cryptocurrency industry mostly focusing on how AI can help the crypto industry combat scams, experts are failing to pay attention to the fact that it could have the complete opposite effect. In fact, Meta recently warned that hackers appeared to be taking advantage of OpenAI’s ChatGPT in…
Solana flips Ethereum in daily fees, surpasses $2.5M in 24 hours
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Switzerland’s Financial Market Supervisory Authority (FINMA) has published a stablecoin-focused supplement to its existing guidelines for initial coin offerings (ICOs).In a news release published on Sept. 11, FINMA takes note of the steadily proliferating issuance of stablecoins since mid-2018, as well as confirming that the Geneva-based Libra Association had sought an assessment by FINMA for…
Coinbase Adds Bitcoin Cash Support to Wallet App
United States-based cryptocurrency exchange and wallet service provider Coinbase has added support for Bitcoin Cash (BCH) to its Coinbase Wallet, according to an announcement published on Feb. 19.The update states that users can now store Bitcoin Cash on Coinbase Wallet, adding:“The new Wallet update with Bitcoin Cash support will roll out to all users on…
Researchers Reveal Crypto Mining Botnet’s Sneaky Tactics
The cybercriminals behind the crypto mining Stantinko botnet have devised some ingenious methods to evade detection.Malware analyst Vladislav Hrčka from cybersecurity firm ESET sounded almost impressed as he unveiled the firm’s latest findings, and potential countermeasures, in a blog post. “The criminals behind the Stantinko botnet are constantly improving and developing new modules that often…
AMC Theatres debuts crypto payments for e-gift card purchases
The major American theater chain wants to let customers buy movie tickets with crypto by 2022. 866 Total views 23 Total shares American cinema giant AMC Theatres is steadily approaching its goal of accepting cryptocurrency payments by year-end, now debuting crypto purchases for electronic gift cards.AMC customers can now buy digital gift cards with cryptocurrencies…
The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures
B3, the Brazilian Stock Exchange, confirmed that within six months it intends to launch its first official product aimed at the cryptocurrency market — Bitcoin (BTC) futures trading. The group's chief financial officer, André Milanez, made the announcement during a conference call on Monday.Milanez did not provide many details on how the product will work.…