Beyon Money cardholders in Bahrain now will earn 3% to 5% cashback for using their cards to deposit into their crypto wallets on CoinMENA. CoinMENA and Beyon Money’s partnership will further solidify Bahrain’s position as a leading crypto hub in the Middle East. CoinMENA has partnered with Beyon Money, a financial service app powered by…
Stock and cryptocurrency trading app Robinhood announced at the Bitcoin 2022 conference today that it’s making plans to add the Bitcoin Lightning Network to its platform for speedier BTC transactions. It also shared that eligible users from its beta waitlist can now send and receive crypto through its crypto wallet feature. Robinhood announced the addition…
Binance CEO, Chengpeng Zhao, said cryptocurrencies are “terrible for avoiding sanctions.” He also noted the reason: “It is traceable.” He also explained how they lack the ability to freeze all Russian users’ assets. Chengpeng “CZ” Zhao, CEO of the biggest crypto exchange Binance, believes that cryptocurrencies are terrible for evading sanctions. This comment comes amid…
Up until just now, every popular social network was centralized, with its own administration, central servers, etc. But as Web 3.0 emerges, so do decentralized blockchain-based social media. The founder of SpaceX, Tesla CEO, and Starlink creator, Elon Musk, was recently asked whether he would consider creating a new open-source social network that prioritized freedom…
Mailchimp, the email marketing platform, has confirmed that hackers have stolen data from more than 100 of its clients and used the data to mount phishing attacks on the users of crypto services. Trezor hardware wallet users and Decentraland metaverse platform were also affected. Hackers used internal tools from Mailchimp to target customers from a…
An analytic report from American investment firm VanEck says Bitcoin appears to have a much higher upside potential than gold. If each of the assets becomes the only reserve asset globally, Bitcoin could top $1.3 million, while gold may reach a price of $31,000 per ounce, respectively. However, these extreme cases have a more likely…