Archive for  August 2023

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Nexo has launched a new Mastercard cryptocurrency for European Economic Area (EEA) citizens.
The card combines two modes credit and debit. It can be switched in the app.

From the debit card users will be able to pay with stablecoins, and from the credit card with cryptocurrencies.

Swift and Chainlink have reported a successful experiment using the Cross-Chain Interoperability Protocol (CCIP).
Swift used its own network and CCIP to conduct transactions between traditional financial institutions.

Australia and New Zealand Banking Group Limited, BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear, Lloyds Banking Group, SIX Digital Exchange and The Depository Trust & Clearing Corporation participated in the experiment.
The test’s conclusions state that blockchains and traditional banking systems can be safely linked for transactions.

Lufthansa, one of Europe’s largest airlines, has launched an NFT-based loyalty program on the Polygon network.

The service will allow passengers to turn their trips into NFTs, which will give access to free miles, lounge vouchers and various passenger statuses.

Airline customers will be able to scan their boarding passes through the app and redeem them for NFT trading cards. You will also need to connect your wallet (specifically Metamask) in the app.

Coinbase has integrated PayPal’s stablecoin (PYUSD).
Trading of the asset will be available starting today.

PYUSD will not be available in some jurisdictions, the company said.

Binance has announced that it will end support for the BUSD stablecoin.

Users are advised to convert their BUSD to other available assets on Binance before February 2024.

Customers will be able to exchange or convert BUSD to FDUSD with zero trading fees.

Judge Katherine Polk Failla dismissed a class action lawsuit against Uniswap.

The ruling states that token sales on Uniswap are not subject to the Exchange Act and the software cannot be held liable for user losses or damages caused by third parties.

It also labeled bitcoin and Ethereum as commodities in its rulings.

It is important to note that Failla is the judge in the SEC’s case against Coinbase.

A wallet from Robinhood has begun supporting the Bitcoin and Dogecoin networks.
Previously, the wallet supported Polygon, Ethereum, Arbitrum and Optimism.

The company also added the ability to conduct transactions and swaps in the Ethereum network. Previously, they were performed using Polygon.

Binance has launched Send Cash direct money transfer service in Latin America.

Send Cash will allow transfers via Binance Pay to bank accounts.
Previously, cryptocurrency card services from Binance were discontinued in this region.

Customers from Colombia, Honduras, Guatemala, Argentina, Costa Rica, Paraguay, Dominican Republic, Panama, Honduras, Guatemala, Argentina, and Mexico will have access to Send Cash.

EOS Network Foundation announced that the EOS token has been whitelisted by the Japan Virtual Asset Exchange Association (JVCEA).
The asset can now be officially traded on regulated Japanese exchanges.

In particular, EOS will begin trading on the Japanese exchange BitTrade in mid-September.

in Hong Kong