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US Treasury Targets Hamas Financial Networks Post-Israel Attack
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US Treasury Targets Hamas Financial Networks Post-Israel Attack

In a strategic move following the recent terrorist attack on Israel, the US Treasury designated ten key individuals and entities affiliated with Hamas, targeting their financial networks across several countries. This action accentuates the broader US initiative to choke off Hamas’s financial resources, while spotlighting the emerging challenges posed by virtual currencies in terror financing.

The Bahamas Racing Ahead with the Sand Dollar
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The Bahamas Racing Ahead with the Sand Dollar

The Bahamas are rolling out their Sand Dollar digital currency across the island chain and look to be ahead of some of the larger countries around the world.

MetaMask Denies Involvement in Massive Wallet-Draining Exploit
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MetaMask Denies Involvement in Massive Wallet-Draining Exploit

MetaMask has denied claims that its wallet was exploited in a recent massive wallet-draining operation that resulted in the loss of over 5,000 ETH. The company has confirmed that the funds were stolen from various addresses across 11 blockchains, and that the exploit was not specific to MetaMask.

Wyre Limits WithdrawalsTo 90% For All Users
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Wyre Limits WithdrawalsTo 90% For All Users

Wyre, a crypto payment company, has changed its withdrawal policy to restrict customers to 90% of their funds, days after two former workers purportedly hinted at a closure. Yanni Giannaros, Wyre's chief risk and compliance officer, is temporary CEO. As Wyre implements new operations, daily withdrawal restrictions will vary.

Mastercard Uses AI to Combat Real-Time Payment Scams
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Mastercard Uses AI to Combat Real-Time Payment Scams

Mastercard has introduced a brand new artificial intelligence (AI)-powered solution with the intention of assisting financial institutions in combating payment fraud and scams in real time, ahead of any potential monetary abuses.

Mastercard Launches Web3 Musician Accelerator With Polygon
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Mastercard Launches Web3 Musician Accelerator With Polygon

Mastercard launched a Polygon-based accelerator program for Web3 artists. Five international performers will be mentored by the business to establish their Web3 music brands. For those not chosen for the program, Mastercard is offering the Mastercard Music Pass NFT collection.

Mastercard Onboards Ava Labs as Part of Start Path Crypto Program
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Mastercard Onboards Ava Labs as Part of Start Path Crypto Program

American payment services firm Mastercard has onboarded Avalanche blockchain creator Ava Labs as part of its Start Path Crypto Program.

Copper.Co Hires Mastercard’s Tim Neill as New Chief Risk Officer
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Copper.Co Hires Mastercard’s Tim Neill as New Chief Risk Officer

The new appointment of Neill will enable Copper.co to realize the full potential of its crypto offerings to fuel a more equitable financial system alongside innovation and economic growth.

1 in 9 Indonesians hold Cryptocurrency, Hootsuite Report
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1 in 9 Indonesians hold Cryptocurrency, Hootsuite Report

According to a report shared by Hootsuite citing GlobalWebIndex, 11% of all Indonesians own some kind of cryptocurrency. The total population of Indonesia is just over 270 Million people which makes it the fourth most populous country on the planet.

SBF Submits Fresh Bahamas Supreme Court Bail Application
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SBF Submits Fresh Bahamas Supreme Court Bail Application

Sam Bankman-Fried has allegedly applied for bail again in the Bahamas Supreme Court. Money laundering, wire fraud, and securities fraud are among the eight U.S. allegations against the FTX founder. A court granted bail on December 13 because the crypto executive was a flight risk. On December 15, local media reported that he had filed the application and it will be considered in court in January.

Vodafone Follows PayPal and Visa to Leave Facebook's Libra Association
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Vodafone Follows PayPal and Visa to Leave Facebook's Libra Association

Maybe what Facebook is not doing right that costs it to lose founding partners? Breaking news shows that Facebook’s Libra has lost another member of its council. This time round, Vodafone has confirmed to have left Libra Association.

Mastercard Collaborates with Bakkt to Expand Encryption Solutions & Join Loyalty Program
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Mastercard Collaborates with Bakkt to Expand Encryption Solutions & Join Loyalty Program

Payment giant Mastercard cooperates with the U.S. Institutional Exchange Bakkt by expanding integrated cryptocurrency solutions and payment services.

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