CRYPTOCURRENCY
Trace Launches ATP Tour Digital Collectibles on Sui Blockchain
Trace collaborates with ATP to mint digital collectibles on Sui, enhancing fan engagement with dynamic NFTs during the Nitto ATP Finals in Turin.
Tether Criticizes UN Report for Overlooking USDT Traceability and Law Enforcement Collaboration
Tether rebuts a UN report accusing USDT of facilitating illicit activities, underscoring its traceability and law enforcement collaboration, and highlighting USDT's positive impact on developing economies.
BNB Chain Resolves BscScan Lag Issue, opBNB Still Undergoing Fixes
BNB Chain resolves lag issue in BscScan browser, continues to address similar issues in opBNB, with BSC unaffected and users advised to use BSCtrace for updates.
Snowtrace to End Etherscan-Powered Service by Nov 30
Snowtrace.io, a blockchain explorer for Avalanche C-Chain, will discontinue its Etherscan-powered explorer on November 30, 2023, due to high EaaS service costs. Users are advised to backup data and Ava Labs suggests a better solution transition.
Over 115 Billion USDT Used in Southeast Asia's Illicit Activities in 2022: Revealed Bitrace
Bitrace, a blockchain analytics firm, revealed that 115 billion USDT was involved in illegal cryptocurrency activities in Southeast Asia in 2022, highlighting the transparency of blockchain ledgers.
Mastercard Introduces Crypto Source Product for Banks
Payments giant, Mastercard has launched a new product to help banks get on board the crypto train faster
DelMonte Adopts Blockchain-Powered Traceability Solutions for Quality Assurance
To render innovative and best-in-class solutions to its products and services, Fresh Del Monte Produce has invested in Jordanian and UK-based startup Decapolis for blockchain-enabled traceability solutions.
Mastercard to Float New Compliance Product alongside CipherTrace
Mastercard has partnered with its newly acquired subsidiary, CipherTrace, to launch a new product called Crypto Secure, helping banks assess the risk of crime associated with crypto merchants on its network.
Cardano Blockchain to Stimulate Authenticity and Quality of Georgian Wine
To boost Georgia’s global reputation as a leading wine producer, the Cardano Foundation has partnered with the nation’s wine agency to create a public and flexible trace solution powered by the Cardano blockchain.
Percentage of Crypto Transaction Volume Used for Crime is Reducing: CipherTrace
The growth of the broader cryptocurrency ecosystem is not reflected in the percentage of crypto transaction volumes being used for illicit or fraudulent criminal activities.