Mastercard launches ‘next generation’ of blockchain payments startup program

    Fintech giant Mastercard announced the addition of five new startups to its Start Path Blockchain and Digital Assets program on May 15. The Start Path Blockchain and Digital Assets program is a fintech accelerator program that focuses on “exploring future use cases to scale new solutions with startups around the world.” Joining the program are…

    Filing suggests SEC is exploring grounds to deny spot Ether ETFs

    Analysts have unearthed details from a March filing with the United States Securities and Exchange Commission (SEC) that suggest the regulator may consider labeling Ether a security. In a May 13 X post, Davis Polk and Wardwell Associate Scott Johnsson reviewed a March 4 filing from BlackRock over its application to list and trade a spot Ether exchange-traded…

    Vitalik Buterin proposes Ethereum gas model overhaul

    Ethereum co-founder Vitalik Buterin has proposed a new Ethereum improvement protocol, EIP-7706, focused on a new gas model for transaction call data. Ethereum-based transactions currently have two types of gas fees: one for transaction execution, which covers the computational effort required to perform a transaction, and one for storage, which is the cost of storing data in…

    Regulators are cracking down on financial privacy, but ZK-proofs can help

    Regulators are cracking down on privacy-preserving protocols like cryptocurrency mixers, but zero-knowledge proofs (ZK-proofs) could offer a solution for both developers and regulators. Offering privacy-preserving features in a legally compliant manner is among the biggest concerns of today’s privacy-focused blockchain protocols, which can be used by virtually anyone with internet access. However, the evolution of…

    More crypto AI alliances emerge following $7.5B token merger

    On May 13, blockchain AI platform ChainGPT will hold the initial dex offering (IDO) of its launchpad project, Wisdomise AI, in conjunction with KuCoin and Gate.io. Wisedomise is an AI-powered crypto adviser and investment assistant that helps users learn, predict, and execute digital asset trades. Ilan Rakhmanov, CEO and Founder of ChainGPT, said that the tool allows…

    Blockdaemon gets greenlight for UAE expansion in Abu Dhabi

    Blockchain infrastructure firm Blockdaemon revealed that it will be expanding its presence in the United Arab Emirates with a new office and entity in Abu Dhabi. The company revealed that its expansion plans were greenlit under the local Registration Authority of Abu Dhabi Global Market (ADGM) in an announcement shared with Cointelegraph on May. 13….