Crypto is ‘too big to ignore’ for the charitable sector

A growing number of charities and nonprofits are embracing cryptocurrency.

Crypto is ‘too big to ignore’ for the charitable sector

Cryptocurrency adoption in the charity space is growing quickly, with 56% of the top 100 charities in the United States now accepting crypto donations as of January 2024, according to the 2...

6 months ago

Mastercard sees partnerships as key to blockchain remittances in Latam

Blockchain and crypto have a place in a partnered remittance ecosystem in Latin America, the financial services giant found.

Mastercard sees partnerships as key to blockchain remittances in Latam

Mastercard has released a white paper on remittances in Latin America. Remittance rates are growing faster than the global average in the region, and mobile phone and internet penetration will f...

6 months ago

US Bitcoin miner Giga Energy to launch facility in Argentina

Giga's new site harnesses otherwise wasted energy from natural gas flaring and has already mined between $200,000 and $250,000 worth of Bitcoin, says the firm's co-founder.

US Bitcoin miner Giga Energy to launch facility in Argentina

Texas-based Bitcoin miner Giga Energy has expanded its operations into Argentina as part of a move to utilize wasted energy from "natural gas flaring" on the South American nation...

6 months ago

UK Watchdog Clarifies Rules for Memes and Finfluencers in Social Media Promotions

FCA Removed Misleading Advertisements in 2023

UK Watchdog Clarifies Rules for Memes and Finfluencers in Social Media Promotions

The UK’s Financial Conduct Authority (FCA) on Tuesday issued new guidelines for financial services promotions on social media. These apply to formats like memes, reels, and gamin...

6 months ago

Hamas-linked Crypto Addresses of Gaza Now Jointly Sanctioned by US, UK

Gaza Now’s Inflows

Hamas-linked Crypto Addresses of Gaza Now Jointly Sanctioned by US, UK

Both the US and the UK foreign sanctions bodies have targeted online media outlet Gaza Now for aiding Hamas fundraise $21,000 in crypto. Gaza Now has been promoting crypto donation cam...

6 months ago

SWIFT declares second sandbox connector tests a success for CBDC and more

Having shown the application of its connector in complex use cases, SWIFT will continue to increase the connector’s functions.

SWIFT declares second sandbox connector tests a success for CBDC and more

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging network has released the results of the second phase of sandbox testing for its central bank digital currency (C...

6 months ago

Munchables hacker returns $62.8M Ether without ransom

On March 27, 4:40 am UTC, Munchables identified the hacker as one of its developers. An hour of negotiations led to the former developer agreeing to return the hacked funds.

Munchables hacker returns $62.8M Ether without ransom

It took nearly eight hours for the Munchables hacker — a Munchables developer — to have a change of heart and return $62.8 million worth of Ether stolen in an exploit ...

6 months ago

Bakkt declares $780M full-year revenue in 2023 earnings report

Andy Main, Bakkt’s incoming president, said the company’s strengthened balance sheet erases previous doubts about its ability to continue.

Bakkt declares $780M full-year revenue in 2023 earnings report

Crypto custody and trading company Bakkt has published its quarterly report, recording a full-year total revenue of $780.1 million for 2023. Bakkt said that in the fourth quarter of 20...

6 months ago

Galaxy Digital reports $296M net income in 2023 after $1B loss in 2022

The firm attributed the change in fortune to the changing market conditions from bearish to bullish, with AUM nearly doubling in the first two months of 2024.

Galaxy Digital reports $296M net income in 2023 after $1B loss in 2022

Digital asset management firm Galaxy Digital has 

6 months ago

HSBC Launches Gold Token Service for Retail Investors in Hong Kong

HSBC’s Orion Platform Facilitates Retail Gold Token Launch

HSBC Launches Gold Token Service for Retail Investors in Hong Kong

Banking giant HSBC is now allowing retail investors in Hong Kong to buy real gold through digital tokens. HSBC’s new gold investment is available through the bank’s online ...

6 months ago

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