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Bybit sets to launch Mastercard debit card

Bybit sets to launch Mastercard debit card

Days after halting USD transfers on its platform, Bybit is set to introduce Mastercard-powered debit cards that will let customers utilize their cryptocurrency holdings to make purchases of goods and services and also to withdraw cash. When used to make purchases of goods and services, the Bybit Card will utilize the Mastercard network to enable […]

Yuga Lab faces criticism over Bitcoin NFTs collection auction

Yuga Lab faces criticism over Bitcoin NFTs collection auction

Members of the cryptocurrency community have criticized nonfungible token (NFT) company Yuga Labs for how it intends to auction off its latest collection of Bitcoin NFTs. On March 5, Yuga started bids for its “TwelveFold” collection, which entails 300 NFT-like images being written on Satoshis utilizing the protocol native to Bitcoin called Ordinals. Of the […]

PBA agrees on blockchain-based KYC system

PBA agrees on blockchain-based KYC system

The Pakistan Banks’ Association (PBA), a collection of 31 traditional banks operating in Pakistan have agreed to the creation of a Know Your Customer (KYC) platform based on blockchain technology. According to the Daily Times, the PBA inked the project contract on March 2 to create Pakistan’s first national eKYC banking platform based on blockchain. […]