Tether-backed fintech Mansa raises $10M to expand stablecoin-based payments
The annualized transaction value of stablecoins surpassed $15.6 trillion in 2024, or 119% of those by Visa and 200% of Mastercard.
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Shanghai Man: Bitmart’s $150M theft, ‘Metaverse’ trending, Hong Kong mogul builds in The Sandbox
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Bad news for EvergrandeEven after all the regulatory crackdowns, China isn’t letting 2021 slip away without a few more blows to the crypto markets.…

The Agenda explores the future of biometrics, privacy and Big Tech with Privado
Biometric verification is an everyday part of life, but Privado chief product officer Sebastian Rodriguez says users should be curious about how service providers use their data.

Mastercard Hints at Future Crypto Wallet Product With New Job Listings
Mastercard appears to be angling to enter the crypto wallet space with new job ads for blockchain and cryptocurrency-related product development.According to updated job listings from the payments giant as of Aug. 2, the company is seeking to hire for the following roles: “Director, Product Management - Crypto Currency/ Wallets, Director, Product Development & Innovation - Blockchain…

LayerZero bridging protocol denies accusation of ‘critical vulnerabilities’
Summa founder James Prestwich has accused the $382 million LayerZero bridging protocol of hosting a “critical vulnerability.” According to a Jan. 30 post by Prestwich, this vulnerability “could result in theft of all user funds.” LayerZero CEO Bryan Pellegrino has called Prestwich’s accusation “absolutely shocking” and “wildly dishonest,” claiming that the vulnerability only applies to applications…

Return of the oracles: Band Protocol, API3 and DIA price soar to new highs
Nonfungible tokens (NFTs) have been the talk of the town over the past few months, but as the start of the second quarter gets underway for the global financial markets, it possible that traders may start looking for opportunities in other parts of the crypto market. Oracle projects are one sub-sector that has been making…

Mt. Gox shifts $2.5B in Bitcoin to unknown wallet, repayments top 40%
Mt. Gox transferred 37,477 BTC to a new wallet, while data shows that 40% of creditor repayments have now been distributed.

Altcoins secure double-digit gains after Bitcoin surges toward $33K
Charts turned green as Bitcoin (BTC) price rallied to $32,858, but a number of analysts also cautioned that the market may not be out of the woods yet. Data from Cointelegraph Markets Pro and TradingView shows that the top movers over the past 24-hours were Telcoin (TEL), Polygon (MATIC) and Axie Infinity (AXS), indicating that the…

Cosmos launches Stargate, paving the way for interoperable DeFi applications
After months of development, the Cosmos (ATOM) project has launched the Stargate update, which includes the highly anticipated Inter-Blockchain Communication protocol, or IBC.Announced on Thursday, the Stargate upgrade includes a series of improvements to the Cosmos protocol and its Software Development Kit.The most important of Stargate’s features is IBC, the interoperability layer for Cosmos blockchains.…