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Crypto News

EU Won’t Ban Non-Custodial Crypto Wallets 

The European Union (EU) authorities changed their mind about banning non-custodial wallets but introduced a new concept called “non-custodial addresses.” Now they plan to ban them.  Members of the European Parliament once again discussed amendments to the new draft law on anti-money laundering. Previously, the legislative initiative planned to completely ban the use of “unhosted

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Crypto News

Cryptocurrencies in Russia, DeFi Vs. TradFi, and Crypto Events in March

The regulatory features of the cryptocurrency market in Russia, speculations about decentralized finance’s potential to fully replace traditional finance in the future, blockchain in the sports betting industry, and a selection of the most significant crypto events in March — you can find it all in our weekly digest.  Moreover, don’t forget about crypto market news,

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Crypto News

Cryptocurrency miners are leading the next stage of AI

A globally distributed AI network that relies on mining rigs will be difficult for governments to control, according to Dr. Ben Goertzel. As artificial intelligence (AI) rapidly works its complex magic on one sector of the economy after another, there is an increasingly pressing need for compute resources to power all this machine intelligence.  Training

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Crypto News

Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD

Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.” Only days after reports of United States regulatory scrutiny of Paxos and Binance USD  BUSD $1.00,  cryptocurrency exchange Binance has minted nearly $50 million worth of TrueUSD (TUSD). The

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Crypto News

Bitcoin price hits $25K in new 2023 high

Despite macroeconomic headwinds and regulatory crackdowns on crypto, Bitcoin has hit a new high for the year. The price of Bitcoin  BTC $23,884 has reached a new 2023 high of $25,000 after surging over much of January. The last time Bitcoin’s price was around $25,000 was around mid-June, on its way down to between $19,000 and

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Crypto News

Elon Musk wants Twitter payments system built with crypto in mind

Twitter’s upcoming payments tool will initially support only fiat currencies, but Elon Musk wants it built to potentially support crypto in the future. Twitter chief Elon Musk has reportedly instructed his developers to build the platform’s payments system in such a way that crypto functionality can be added in the future. According to a Jan.

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Crypto News

Pitaka integrates Transak and Unstoppable Domains

Users of the digital wallet Pitaka can now purchase cryptocurrencies directly with Philippine Peso and pay using their debit cards, credit cards, GCash, Maya, GrabPay, and ShopeePay within the app. Tetrix, the Filipino-led web3 company behind the digital wallet, has announced its partnership with Transak as its fiat on-ramp support. Pitaka is a self-custodial digital

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Crypto News

MetaMask Launches PayPal Integration for Ethereum Purchases

MetaMask has added a PayPal integration to its software wallet, allowing U.S. users to purchase Ethereum directly from its mobile app. While the feature is not yet available to all U.S. users, MetaMask plans to slowly roll out the feature “in the coming weeks.” According to the announcement, the PayPal integration will only be available through the MetaMask mobile

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Crypto News

UNO Digital Bank to Offer In-App Crypto by 2024

UNO Digital Bank, one of the six digital banks licensed by the Bangko Sentral ng Pilipinas (BSP), announced that it will offer crypto services like buy and sell on its application by 2024, citing that though the Central Bank has given all the digital banks a go signal to operate, crypto is not yet their

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Crypto News

MetaMask and HyperPlay Target the Entire Desktop Gaming Industry

All powerful Web3 lynchpin, MetaMask, has unveiled an incredible new collaboration with blockchain games launcher, HyperPlay. The duo are preparing to usher in a new era where every desktop game will have access to a crypto wallet. Through the initiative, HyperPlay will operate a service much in the same way as Epic or Steam offers for traditional

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