Category: crypto
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OpenAI takes on Chrome with AI-driven ChatGPT Atlas browser
OpenAI has launched ChatGPT Atlas, an AI-powered web browser that integrates ChatGPT into the browsing experience. It offers features such as summarizing web pages, comparing products, and analyzing data in real-time. The premium agent mode allows ChatGPT to autonomously perform tasks like shopping. It positions OpenAI as a potential competitor to Google Chrome and reflects…
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MetaMask, Phantom join SEAL to launch real-time phishing defense network
Major crypto wallets like MetaMask and Phantom have partnered with the Security Alliance, known as SEAL, to launch a real-time phishing defense network. This initiative aims to protect users from sophisticated hackers and crypto drainers like Inferno and Angel Drainer. The system uses verifiable phishing reports to alert wallets instantly and create a decentralized immune…
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Binance launches global USD on/off-ramps via BPay Global
Binance has launched a new feature, BPay Global, allowing users in over 70 countries to deposit and withdraw USD through various methods with low or zero fees. This move strengthens Binance’s global fiat network and simplifies the transfer between traditional finance and crypto, addressing global demand for seamless fiat on- and off-ramps.
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Standard Chartered Hong Kong to launch crypto ETF trading in November
Standard Chartered Hong Kong will launch a virtual asset ETF trading service in November, responding to high demand for digital assets among affluent clients. Meanwhile, Hong Kong’s SFC has approved the first Solana spot ETF in Asia, signaling the region’s growing interest in digital assets. This move could boost adoption in the country.
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Base to start supporting ‘private transactions’
Coinbase CEO Brian Armstrong announced that the company is developing private transactions using Iron Fish’s zero-knowledge infrastructure. This move aims to provide users with more control over who can see their on-chain activity. However, concerns have been raised about how this can be achieved on a platform with past data leaks and regulatory requirements.
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8 tools to help businesses scale with crypto
Businesses are increasingly using crypto-powered tools to cut costs, improve efficiency, and expand globally. ChangeNOW offers products like NOWPayments and NOW Tracker for this purpose. Integrating crypto is essential for sustainable growth. Tools like payment gateways, analytics, and exchange APIs are helping businesses scale and stay competitive in the digital economy.
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Russia moves to legalize crypto in foreign trade
Russia is legalizing the use of cryptocurrencies for foreign trade payments to balance economic strategy with tighter oversight of the growing crypto market. This move follows years of Russian entities using digital assets like the A7A5 stablecoin for cross-border transactions, reflecting a shift towards integrating crypto into trade while preventing misuse and sanction evasion.
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FalconX to buy out crypto asset ETF firm 21Shares
FalconX is set to acquire 21Shares, a major crypto ETF asset manager firm, in a significant merger within the cryptocurrency financial industry. The undisclosed deal aims to combine the two companies, with a focus on developing crypto funds centered around derivatives and structured products due to the increasing popularity of crypto ETFs.
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What to expect from rate cut delay as UK inflation steady at 3.8% in September?
UK inflation remains high at 3.8%, keeping the Bank of England cautious on interest rate cuts. Global factors like U.S. inflation, a government shutdown, and supply chain disruptions add uncertainty. In this economic environment, Bitcoin may see safe-haven inflows, while smaller altcoins could be vulnerable to sudden sell-offs.
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Fed’s new proposal could end crypto’s debanking issues
The Federal Reserve is considering a proposal to allow fintechs and crypto platforms direct access to payment rails, eliminating the need for banks. This new system would involve “skinny master accounts” that provide access to payment rails but do not offer interest or emergency borrowing. This change could reduce reliance on traditional banking intermediaries for…