Crypto

MobileCoin, the startup known for building Signal’s crypto payments feature, has appointed a new CEO as it works on expanding its encrypted money transfer service to global users in need of a more modern remittance solution. Sara Drakeley is taking the helm as MobileCoin’s new chief exe

Telegram, the popular chat app with 800 million monthly active users, is getting a self-custodial crypto wallet. The move is set to solidify its presence in the vibrant crypto community that has emerged from its chat platform and can potentially help drive the masses into the crypto space. Telegram

The institutional adoption of digital assets in Asia is heating up. South Korea, Hong Kong, Japan and Singapore are all looking for more opportunities in the space, thanks to more regulatory clarity in the region, people told technewss+ during Korea Blockchain Week. After multiple industry-changin

Coinbase said Monday that it has disabled new user sign-ups on its exchange product in India but remains committed to the country, where its operations have been in limbo for over a year. The clarification comes days after Coinbase sent emails to many customers in India in which it said it would ce

Nestcoin, a development company housing modern finance project Onboard, has secured $1.9 million in a strategic funding round. Hashed Emergent, a Web2.5 fund for builders from emerging markets, led the round. Alter Global, Magic Fund, CMT Digital, and 4DX Ventures are among the existing investors t

While some big names like Starbucks and Nike were quick to adopt blockchain technology to promote and work with their brands, it seems that it will still take a bit of work and time until we see the broader enterprise space embrace the tech. “I haven't seen any killer use case yet,” Gary Li

MetaMask, the world’s biggest self-custodial hot (internet-connected) wallet with over 22 million users, has added the option for users to convert cryptocurrencies into fiats like USD, as a growing list of web3 players strive to make digital assets usable in the real world. Wallets that allow

From the headlines, you would think that the end of the crypto industry is here. It isn't. While it's true that the last year in crypto has seen fraud, meltdowns, and layoffs that triggered sequential failures of crypto companies, that's largely of those failed companies' own making

Web3 infrastructure firm MoonPay has launched an investment arm that will focus on early-stage startups in web3, gaming and adjacent fintech categories, technewss has exclusively learned. The investment arm, dubbed MoonPay Ventures, will mainly invest between $100,000 to $1 million, targeting seed

"speakable-summary" style="text-align: left;">The U.S. Securities and Exchange Commission is suing a non-fungible token project, marking the first time the authority has taken enforcement action against a company for selling unregistered NFTs. Impact Theory, a Los Angeles-based media company, “

Vessel Capital, a web3 venture fund, has emerged from stealth with $55 million in assets under management to invest in infrastructure and applications, the firm exclusively told technewss. Founded by Mirza Uddin, Eric Chen and Anthony Anzalone, the firm has been investing about $10 million annuall

The two founders behind Tornado Cash, a cryptocurrency mixing service, have been charged by the U.S. Attorney’s Office for the Southern District of New York, according to a statement on Wednesday. Roman Storm and Roman Semenov were officially charged with conspiracy to commit money laundering

Solana Pay, a decentralized payment protocol by Solana Labs, has integrated its plug-in with Shopify, allowing millions of businesses on its platform to use it for payments, technewss was told exclusively. Solana Pay launched in February 2022 and is built on top of the layer-1 blockchain Solana. U

Credit cards payments processor Checkout.com is no longer servicing Binance, the world's largest crypto exchange, a spokesperson from the exchange told technewss. “There is no impact on our services and users can continue to use on-and off-ramps as usual,” the Binance spok