Tag: News

What SWIFT’s Blockchain Means for Stablecoins and Global Banks

SWIFT, the backbone of the global financial messaging system, is taking a step toward becoming a full-fledged blockchain infrastructure provider. This week, the network unveiled plans to build a shared ledger platform that will let banks settle transactions involving stablecoins and tokenized assets across multiple blockchains. While SWIFT has...
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Jack Dorsey Once Said People Unknowingly Work For Social Media, AI Companies For ‘Free’ And They ‘Will Be Replaced’ — Bitcoin Offers a Different Model

Technology mogul Jack Dorsey has long championed decentralized technologies such as Bitcoin (CRYPTO: BTC), suggesting their application in areas like artificial intelligence and social media. People Working For Free For Social Media, AI Companies, Says Dorsey Speaking at the Africa Bitcoin Conference in December 2024, Dorsey expressed concerns about...
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FTX Issues Warning As Fraudulent Emails Circulate During $1.6B Creditor Payout

Management of bankrupt crypto exchange FTX has issued a warning that creditors should beware of phishing campaigns. Notably, this statement comes after the FTX Recovery Trust commenced its third settlements distribution following the exchange’s shocking collapse in November 2022. Bad Actors Target FTX Creditors Via Phishing Scams Recent reports...
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Solana Could Soon Rule Wall Street’s Stablecoin Market: Bitwise CIO

Solana has drawn fresh praise from one corner of the crypto world this week, with a senior asset manager saying the chain could become Wall Street’s go-to network for stablecoins and tokenized real-world assets. The comment comes as market participants weigh speed and settlement features alongside raw on-chain dollar...
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