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ChinaBank said the collaboration is aimed at providing improved financial services to Filipino that have been deployed to work overseas post-Covid 19. With Ripple ’s On-Demand Liquidity (ODL), both banks can enable instant settlements using XRP, doing away with the need for conventional correspondent banking relationships and the costs and delays that go along with them. advertisement ChinaBank discussed their #Ripple use with QNB for remittances from Qatar to the Philippines in their latest annual report.https://t.co/YvHrbewR7C pic.twitter.com/KjaXuHom94 — WrathofKahneman (@WKahneman) April 29, 2023 Trending Stories SHIB Price Prediction: Rise in Demand Pressure Sets Shiba Inu Price for 15% Rally 24/7 Cryptocurrency News Aptos Price Prediction: Bullish Pattern Setup Prepares APT for 52% Rally; Enter Today? 24/7 Cryptocurrency News Is Crypto Market Back on Recovery Track? Top 3 Cryptocurrencies To Invest In May 20

Mastercard Launches Crypto Credentials According to an official statement issued by the payments giant, Mastercard’s Crypto Credential will lay down a set of common standards and infrastructure that will help confirm trusted communications among consumers and businesses using blockchain networks.” The firm further emphasizes the fact that NFT projects require different verification requirements than those needed to transfer cryptocurrencies like Bitcoin, Ethereum and Litecoin. advertisement Read More: PayPal’s Crypto Push: Over 60 Million Venmo Users Can Now Transfer Crypto Mastercard Crypto Credential will develop a set of common standards and architecture that will aid attest reliable interactions between consumers and organizations utilizing blockchain networks. There are many different use cases that may be unlocked with Mastercard’s new program due to the fact that the verification demands of consumers and businesses vary greatly depending on the market and

Top10 News 1. Coinbase sues SEC to force response on cryptocurrency regulations petition link On April 24, Coinbase filed a narrow action in federal court to compel the SEC to respond yes or no to July 2022 petition asking the SEC to use its formal rulemaking process to provide guidance for the crypto industry. Coinbase’s Chief Legal Officer, Paul Grewal, stated, “We don’t take going to court lightly, but we absolutely believe that the SEC is acting unlawfully, and we feel we have no choice but to sue them.” 2. Voyager’s weekly summary a. BinanceUS canceled the purchase of Voyager Digital assets link On April 26, BinanceUS canceled the purchase of Voyager Digital assets. BinanceUS said that the reason is the hostile and uncertain regulatory climate in the United States. Voyager will return value to customers via direct distributions. The U.S. DOJ previously appealed to Binance to stop the acquisition. b. Voyager lawyers ‘surprised’ Binance.US canceled $1b deal link “The debtors ha

In April, the daily avg gas on Polygon #zkEVM was 7X cheaper than Ethereum Mainnet, even during periods of peak network activity. advertisement Want to know which growth metrics were +300% this month? Follow the thread👇🏽 pic.twitter.com/9A3R4I9yiA — Polygon (@0xPolygon) April 27, 2023 Trending Stories SOL Price Prediction: Bullish Pattern Sets Solana Price for 22% Rise; Enter Today? 24/7 Cryptocurrency News XRP Price Prediction: XRP Price Coiling Up Before a Massive Move; Enter Now? 24/7 Cryptocurrency News ETH Price Prediction: New Recovery Cycle in Ethereum Price Hints a 10% Rally Ahead 24/7 Cryptocurrency News PEPE Price Prediction: This Chart Pattern may Determine if PEPE Token Price will Rally 70% or Fall 40% 24/7 Cryptocurrency News Bitcoin Price Reversal from a Healthy Retracement Level Hints 6% Jump; Enter Today? 24/7 Cryptocurrency News The protocol reported that as of April 24, the total number of

After leading Zodia’s series A funding round, the Japanese financial conglomerate SBI Holdings became its second-largest shareholder. Global Banks continue to expand their crypto currency-related capabilities, with the British multinational bank Standard Chartered raising new Funding for its crypto platform Zodia. Standard Chartered-backed crypto custody subsidiary Zodia Custody has raised $36 million in a new series A funding round, Bloomberg reported on April 27. Japanese financial conglomerate SBI Holdings has led the fund raise , becoming Zodia’s second-largest shareholder, Zodia Custody CEO Julian Sawyer reportedly said. Prior to the Funding round, London-headquartered Zodia was backed exclusively by Standard Chartered and Northern Trust, with Standard Chartered owning a 90% stake in the firm. It still remains the majority shareholder following the fund raise , according to Sawyer. Zodia CEO emphasized that it’s typical of Standard Chartered’s ventures strategy to raise external

Former White House economist Joseph Sullivan has warned that a BRICS currency would erode the U.S. dollar’s dominance. If member nations use only a common BRICS currency for international trade, “they would remove an impediment that now thwarts their efforts to escape dollar hegemony,” he described. Former White House Economic Advisor on BRICS Currency and U.S. Dollar’s Reserve Currency Status A former White House economic advisor, Joseph Sullivan, discussed de-dollarization and the potential impacts of a BRICS currency on the USD in an opinion piece published by Foreign Policy Monday. The BRICS nations are Brazil, Russia, India, China, and South Africa. Sullivan was a special advisor and staff economist at the White House Council of Economic Advisers during the Trump administration. He is currently a senior advisor at the Lindsey Group, an economic advisory firm. Referring to the hypothetical BRICS currency as “the bric,” he warned: If the BRICS used only the bric for internationa

Google’s recent update for its two-factor authentication app introduced a widely demanded feature where users can synchronize secrets across multiple devices. However, a thorough Analysis of the privacy update revealed that the secrets were not completely encrypted and Google has the ability to see the secrets. Cybersecurity duo Mysk took to Twitter earlier today to share the results of their Analysis of Google’s new privacy update. According to the security researchers, the network traffic when the app syncs the secrets is not end-to-end encrypted. This essentially means that Google can see the secrets, even when they’re stored on its servers. While the update allows users to sign in with their Google Account and sync two-factor authentication secrets across their iOS and Android devices, the secrets are technically vulnerable. If a malicious actor manages to gain access to the secret, it will be relatively easy to generate a one-time OTP and beat the two-factor authenti

CISA executive Brynly Llyr said that it’s important to consider and research emerging technologies that can help address climate change. The World Economic Forum (WEF) has recently published a whitepaper that explains how blockchains are able to provide the needed infrastructure to fight against climate change “at speed and scale.”  We've just published a World Economic Forum @wef whitepaper detailing blockchain technology's valuable role in the global effort to fight climate change. Thanks @ToucanProtocol @BL4SG_ and more than 60 ReFi organizations that contributed to this research!https://t.co/RUwb9Z5Ipy — Climate Collective (@clim8collective) April 25, 2023 According to the whitepaper , blockchain's value to the climate action community can be split into four categories. Firstly, blockchains are able to "strengthen trust and ambition" within climate negotiations. It can also improve market transparency and credibility as well as funnel more funds to proje

If you’ve been following the cryptocurrency market, you may have heard people ask, “Is Crypto dead?” However, before you jump to conclusions, it’s important to understand the current state of cryptocurrency and what the experts are predicting for the future. In this article, we will debunk the myth that crypto is dead, introduce the current state of cryptocurrency, explore predictions and expert opinions on when crypto will go back up, and explain the volatility of the crypto market. By the end of this article, you’ll better understand whether cryptocurrency is dead or just taking a nap. Source: Pixabay Debunking the “Is Crypto Dead?” Myth The cryptocurrency market has been through many ups and downs in recent years. From the initial Bitcoin boom in 2017 to the crash of 2018, many people have quickly declared that cryptocurrency is dead. However, it’s important to remember that the crypto currency market is still relatively new and has a lot of potential for growth.

Shiba Inu (SHIB) is on the verge of launching its layer-2 network, Shibarium . According to SHIB lead developer, Shytoshi Kusama the upcoming network could debut in two to four months. With the launch inching closer every day, the network’s governance token, Bone ShibaSwap (BONE), is seeing increased listings. Popular crypto exchange, Huobi, has announced that it has listed Shiba Inu’s offspring token BONE. The platform announced that deposits are open and that trading will start soon. New Listing on #Huobi$BONE @ShibaSwapDEX Deposits open Trading goes live soon https://t.co/MBo5EnodV4#newlistings pic.twitter.com/2KgVoZe5E7 — Huobi (@HuobiGlobal) April 25, 2023 Huobi’s listing follows Dubai-based crypto exchange CetoEX announcing, that they are listing BONE as well. Moreover, OKX has also listed the Shiba Inu (SHIB) offspring token on its platform. OKX has since increased its BONE holdings by 400%, becoming the fourth-largest holder. An important point to note is th

Traders can tell when whales go long by monitoring the Aave/Compound stablecoin borrowing pattern, according to The Data Nerd, an onchain data analyst. According to the analyst, four whales have used this strategy in the last 24 hours. Quick tip: Monitoring Aave/Compound stablecoin borrow can tell you when whales go long. We have created a @DuneAnalytics dashboard for you to easily follow this behavior. So far we have noticed 4 whales using this strategy since yesterday pic.twitter.com/RTwZ8LyWCL — The Data Nerd (@OnchainDataNerd) April 23, 2023 In a Twitter thread, The Data Nerd explained that similar to using margin or leverage on centralized exchanges (CEX), whales would go long by borrowing stablecoin using Aave or CompoundFinance. They would follow this up by using the amount to buy assets on decentralized exchanges (DEX) or to deposit to CEX. They repeat the cycle and use it as a profitable system in the cryptocurrency market. By monitoring the action of whales