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Coinbase is enhancing its onchain payments capabilities with the acquisition of the Utopia Labs team, which will join Base to advance the onchain payments roadmap within Coinbase Wallet. Jesse Pollak, who is stepping up to lead both Coinbase Wallet and Base, highlighted the synergy between the two platforms, noting that Base supports developers creating onchain … Read more
World, the biometric proof-of-humanness-based project, has finally landed in Brazil and is expected to start operating in the country this week. According to local media, World will initially commence operations in ten different locations in São Paulo, allowing users to register in the network. Orbs, the devices used to scan the irises of willing users, … Read more
Zambia’s central bank governor, Denny Kalyalya, is sounding the alarm about the strengthening U.S. dollar’s impact on Zambia’s economy. A stronger dollar, fueled by Donald Trump’s election victory, could lead to decreased capital flows, increased inflation, and reduced access to cheaper financing, the central bank argues. This is particularly concerning for Zambia, which is still … Read more
Revolut is expanding the international reach of its digital asset services with the rollout of Revolut X in 30 new countries across Europe. This expansion follows the standalone crypto platform’s launch in the UK in May, where it was designed to cater to both professional and retail crypto traders. Revolut X offers advanced trading features … Read more
Sberbank CEO Herman Gref announced that using cryptocurrencies as a payment method within Russia is currently prohibited by law and is unlikely to be allowed in the near future. Speaking at the “FI day. Blockchain: on the edge of a new financial era” conference in Moscow, Gref clarified that while Russia’s new legislation permits the … Read more
Authorities in Grant County, Indiana, have recovered $36,000 in a cryptocurrency scam involving Prateek Jain, a 33-year-old man from Kolkata, India. Jain faces charges of felony fraud and money laundering after allegedly convincing a Marion, Indiana resident to deposit funds into a bitcoin ATM as part of the scam. The case, initially reported to the … Read more
The FBI reportedly raided the Manhattan apartment of Shayne Coplan, CEO of betting platform Polymarket, early Wednesday. The raid followed Polymarket’s accurate prediction of Donald Trump’s 2024 presidential victory, a result that contrasted with traditional polls. FBI agents seized Coplan’s phone and electronic devices, though he was not arrested or charged. A source close to … Read more
China-Russia cooperation is helping to stabilize the region and avert a global crisis, according to Zhang Hong, a research fellow at the Chinese Academy of Social Sciences. Zhang emphasized that as permanent members of the UN Security Council, China and Russia are working together to uphold global peace and security through strong mutual trust and … Read more
Apple and A24 are in the early stages of developing a film adaptation of Michael Lewis’s book “Going Infinite: The Rise and Fall of a New Tycoon,” with Lena Dunham attached to write the script, Variety has reported. The film will co-develop and co-produce by Apple Studios and A24, exploring the dramatic rise and fall … Read more
Bitget has officially re-launched its UK website in compliance with the Financial Conduct Authority’s (FCA) Financial Promotions Regime. With Archax’s approval, British Bitget users can now access a range of crypto services, including trading and custody for tokenized real-world assets. “At Bitget, compliance is the core of our expansion strategy,” said Gracy Chen, CEO of … Read more