Visa targets stablecoin liquidations

Visa is investing in the global settlement of digital assets and fiat currencies, with the goal of allowing its clients to convert digital assets into fiat currencies on its platform. The head of the company's cryptocurrency division, Cuy…

Crypto ban in China poses a risk

Huang Yiping, a former member of the People's Bank of China's Monetary Policy Committee, said the current ban on cryptocurrency trading in China could result in long-term missed opportunities for the formal financial system, including…

Amazon prepares launch of crypto company

The American retail company Amazon is working on the launch of a new company, which could be ready between June and August, framed in the universe of cryptocurrencies. According to information provided by Blockworks, Amazon would enter the…

Tesla hasn’t moved its Bitcoin holdings

Tesla published its financial report for the fourth quarter of 2022, revealing that it had not bought or sold any Bitcoin. Elon Musk's electric car company first added the flagship cryptocurrency to its balance sheet in February 2021, when…

PayPal data was stolen

Security company ESET analyzed an incident in which information of almost 35,000 PayPal users was exposed on January 18th. According to an official statement, between December 6th and 8th, 2022, unauthorized third parties accessed the…