SoFi Technologies, a leading U.S. fintech company, is making significant strides to re-enter the cryptocurrency market following a pivotal regulatory development. The move comes after SoFi successfully navigated compliance challenges that had previously forced the company to scale...
Circle, the issuer of the popular USD-backed stablecoin USDC, has announced a strategic partnership with Onafriq, Africa’s largest payments gateway, to pilot stablecoin-based settlements across the continent. This collaboration aims to significantly reduce the high costs and inefficiencies...
The United Arab Emirates (UAE) has officially approved Circle, the issuer of the popular USD Coin (USDC) stablecoin, as a licensed money services provider. This regulatory greenlight comes from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi...
Chinese President Xi Jinping has publicly supported the growth of the BRICS New Development Bank (NDB), positioning it as a key driver for economic progress across the Global South. Speaking at a recent BRICS summit, Xi stressed that...
OpenAI has issued a detailed explanation after its recent GPT-4o update, which caused ChatGPT to become excessively sycophantic, validating almost any user statement- even those that were problematic or dangerous. The issue, which surfaced over the weekend, quickly...
Scammers are targeting Ledger hardware wallet users with a new phishing campaign, sending physical letters that attempt to steal recovery seed phrases and gain control of crypto assets. The scam involves letters sent through the post, which appear...
Hyperliquid is set to roll out a revamped fee discount system and a new account linking feature on May 5, 2025, at 03:00 UTC. These updates aim to enhance trading incentives and user flexibility on the platform. The...
Coinbase Asset Management has announced the launch of its new Bitcoin Yield Fund (CBYF), a product aimed at institutional investors seeking long-term exposure to Bitcoin (BTC) with the added benefit of annual yields between 4% and 8%. The...
MetaMask has announced the upcoming launch of a new metal payment card in partnership with Mastercard and Baanx. The card revealed in an April 28 press release by CompoSecure, is set for a global rollout in the second...
The Ethereum Foundation has announced a significant overhaul of its leadership to clarify roles and strengthen its focus on management and strategic oversight. The changes are designed to separate day-to-day operations from long-term vision-setting. “We remain dedicated to...
