Decentralized blockchain platform Aleo has released a statement regarding the recent Know Your Customer (KYC) information exposure. The zero-knowledge (ZK) platform blamed the leak on a copy/paste error in email metadata. Aleo said in a post on social media platform X that the KYC information leak affected about 10 participants from its recent Aleo Learn and Earn…

A crypto and fintech “revolution” could solve the lack of financial inclusion in developing countries — but it first needs to gain the trust of the unbanked, according to a payments firm executive. During a panel session at the Web Summit Qatar on Feb. 27 — Juan Pablo Ortega, a founder and CEO at online…

The total crypto market capitalization has reclaimed the $2 trillion level for the first time since April 2022 as positive market sentiment and consistent inflows into spot Bitcoin exchange-traded funds (ETFs) pushed BTC’s price higher. A rally in Bitcoin’s price brought the world’s largest cryptocurrency by market cap to a multiyear high of $57,513, while Ether enjoyed…

MicroStrategy shares are a “buy” with a price target of $990 as the Bitcoin -buying software firm is primed for major windfalls from institutional demand and April’s halving event, says investment banker Benchmark. In a Feb. 27 research report, Benchmark senior analyst Mark Palmer wrote that MicroStrategy (MSTR) offered investors a “timely play” on the…

Ethereum’s native cryptocurrency, Ether, has gained over 20% against Bitcoin since Feb. 12. This notable surge has occurred primarily due to anticipations surrounding the potential approval of a spot Ether exchange-traded fund (ETF) in the United States by May of this year. However, the widely-tracked ETH/BTC pair has reached a historical inflection point that could boost its correction…

The Saudi Arabian Ministry of Culture launched a metaverse dedicated to showcasing and preserving the nation’s cultural heritage on the occasion of its founding day. The Saudi government’s Cultural Universe metaverse initiative, which takes a user through the long history of Saudi Arabia dating back to 1727, went live on Feb. 22. The metaverse was built…