The Qingdao branch of the Bank of China (BOC) has rolled out a new payment option for Qingdao’s metro transit system through digital yuan hardware wallets. According to the local news outlet Dazhong, this initiative introduces a “deferred payment” system that allows travelers to use the public transit service first and pay later with the […]
Binance CEO Richard Teng Visited South Korea to Address Market Entry Challenges: Report
Binance CEO Richard Teng has reportedly made a secret visit to South Korea in an effort to directly engage with domestic financial authorities and find a resolution to the hurdles facing the company’s entry into the Korean market. According to a recent report by News 1, Teng arrived in Korea on an undisclosed schedule last week, intending […]
Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading
Polygon Labs CEO Marc Boiron has lashed out at Layer 3 (L3) networks on the Ethereum blockchain, claiming they are unnecessary for scaling the network and only serve to drain value from the mainnet. In a recent post on X, Boiron expressed his skepticism about L3 networks, stating that Polygon Labs, a prominent Layer 2 (L2) […]
Decentralized Protocol OpenLeverage Suffers Multiple Hacks, Losing $230K: Report
Permissionless lending and margin trading protocol OpenLeverage has reportedly fallen victim to multiple hacks draining $230K worth assets. The hacks were flagged by blockchain security Cyvers Alerts on X (Twitter). Per the post, the losses incurred is around $230,000 worth crypto and the attacker’s wallet was funded by Tornado Cash. “Our system has detected the […]
Binance Exec Staged Elaborate Escape, May Have Evaded Flights: Nigerian Official
Binance executive Nadeem Anjarwalla absconded from Nigerian custody in February after his arrest. At the time, he was detained along with American colleague Tigran Gambaryan on accusations of misconduct related to the exchange. In a Sunday interview with a local media outlet, a retired Nigerian official characterized Anjarwalla’s escape as “embarrassing.” He further deemed the […]
Vitalik Buterin Unveils Next Major Step in Ethereum Evolution
Vitalik Buterin introduces ‘The Purge,’ key advancement in Ethereum’s evolution, emphasizing simplification and improved security measures
Top Cryptocurrencies To Watch This Week
The post Top Cryptocurrencies To Watch This Week appeared first on Coinpedia Fintech News Bitcoin’s halving event has everyone buzzing about a big jump in crypto prices. Some are even saying we could see Bitcoin hit a massive $200,000. This excitement isn’t just about Bitcoin, though. There are other digital coins that might make moves […]
DeeStream (DST)’s Ambitious Roadmap Attracts Attention from Litecoin & Ethereum Classic for Unprecedented Gains
The post DeeStream (DST)’s Ambitious Roadmap Attracts Attention from Litecoin & Ethereum Classic for Unprecedented Gains appeared first on Coinpedia Fintech News Amidst the dynamic terrain of the cryptocurrency market, DeeStream (DST) emerges as a pioneer in transforming the industry of online streaming. As DeeStream (DST) presale enters Stage 2, it stands at the cusp […]
How to Earn Passive Income from Home: Just Use Simple Miners
The post How to Earn Passive Income from Home: Just Use Simple Miners appeared first on Coinpedia Fintech News Traditional cryptocurrency mining methods often require expensive computers, which consume large amounts of electricity, which also leads to difficulties in maintaining profitability. Beginners may prefer cloud-based software that does not require mining equipment and programs […]
THETA Displays A Bearish Reversal! Theta Network To Plunge 15%?
The post THETA Displays A Bearish Reversal! Theta Network To Plunge 15%? appeared first on Coinpedia Fintech News The crypto market continues to display a significant price fluctuation in the chart as top altcoins record constant volatility in their respective portfolios. Further, the THETA price has erased all its gains from the recent pump, indicating […]