Shapeshift Founder Erik Voorhees Claims Revolut Shut Down His Account for Interacting With Crypto

Cryptocurrency entrepreneur Erik Voorhees has publicly criticized Revolut, claiming the fintech company shut down his account due to his interactions with cryptocurrencies. Despite not using Revolut’s crypto service and funding his account via fiat from an exchange, Voorhees experienced a freeze on his account for three weeks, followed by termination. This incident occurred even after … Read more

Pyypl and Visa Partner to Boost Financial Inclusion in MEA With Prepaid Cards

Pyypl, a fintech company operating in the Middle East and Africa (MEA), has partnered with Visa to introduce virtual and physical prepaid Visa cards via its mobile app. This strategic collaboration aims to enhance financial inclusion across the region, providing underserved populations with greater access to financial services. The integration of Visa virtual cards will … Read more

Cybersecurity Breach at Evolve Bank

Evolve Bank & Trust has recently confirmed a cybersecurity incident. The cybercrime group Lockbit 3.0 reportedly released customers’ personal identification data on the dark web. The bank, known for its fintech partnerships and facilitation of customer accounts for firms with significant crypto user bases, is now under scrutiny. The incident has raised concerns about the … Read more

Strike Expands Bitcoin and Lightning Services to the UK

Strike has announced its expansion into the United Kingdom. This move allows individuals and businesses in the UK to access Strike’s suite of Bitcoin and Lightning Network services. The features include buying, selling, sending, and withdrawing bitcoin, global payments, and more. The company’s founder, Jack Mallers, believes that bitcoin can solve some of the world’s … Read more

Donor Gifts 8 BTC to Aid Julian Assange’s Journey to Freedom

Julian Assange, the founder of Wikileaks, has finally embarked on his journey to freedom. The actual flight, however, comes with a hefty price tag of $520,000, which Assange is obligated to repay to the Australian government for the charter flight to Saipan and onward to Australia. After enduring 14 years of detention, including five years … Read more

India’s Digital Rupee Usage Drops Drastically After Initial Surge

India’s central bank digital currency (CBDC), the digital rupee, has experienced a significant decline in usage, decreasing to a tenth of its peak in December 2023, according to sources involved in the pilot project. The Reserve Bank of India (RBI) initially reached 1 million daily retail transactions with the digital rupee by incentivizing banks and … Read more

Ethereum Foundation Warns of Compromised Mailing List Leading to Phishing Emails

The mailing list provider used by the Ethereum Foundation for updates was compromised, resulting in a phishing email. Hackers are now using addresses from the breach to send fake emails. These fraudulent emails claim a collaboration between Ethereum and LIDO, promising a high annual percentage yield (APY) for staked assets. Recipients are urged to avoid … Read more

BNB Chain Dedicates $900K Liquidity Pool to Support Meme Coin Ecosystem

BNB Chain has announced a new initiative called “Meme Heroes” to support the growth of meme coin projects. The company will allocate $900,000 for liquidity pool (LP) support, extending its commitment of $1 million to accelerate meme coin innovation on BNB Smart Chain (BSC). All revenue generated from these LPs will be reinvested back into … Read more

Veterans of Mech Warrior 2, Gears of War and Mortal Kombat Unveil New Beta Phase for Blockchain Game

Studio369 has announced the third Closed Beta (CB3) period for its PvP mech shooter, Metalcore, set to commence on June 27th. This latest beta phase will introduce several new features, including session-based PvP scenarios, a faction war-centric PvE mission, and faction-based social hubs. The update also includes an enhanced in-game economy, allowing players to purchase … Read more

Former Soccer Star Ronaldinho: Time for Crypto to Go Mainstream

In a now-deleted message posted on June 23 on X, former Brazilian soccer superstar Ronaldo de Assis Moreira, known as Ronaldinho, declared his support for crypto, stressing that it was time for this industry to reach more people. Ronaldinho stated: “Time for crypto to go mainstream, who’s with me?.” Recently, he was named ambassador of … Read more