Coinbase new layer-2 network may include AML measures
Brian Armstrong, the CEO of Coinbase, has made a suggestion that the company’s upcoming layer-2 blockchain network Base may be launched with transaction monitoring and anti-money laundering controls. Armstrong stated that Base currently has some centralized components in an interview with Joe Weisenthal on Bloomberg Radio on March 6, but he also said that “it […]
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
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
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. […]
Crypto Swap Guide: How to Easily Exchange Cryptocurrencies
People are flocking to digital currencies like never before, with Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies gaining widespread attention and adoption. In fact, the appeal of these futuristic currencies is only growing stronger, with users eagerly exploring the potential of these assets, and traders finding new and exciting ways to profit from their volatility. […]