Day: March 27, 2025

Ex-FTX CEO moved to transit facility after interview

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Officials with the Federal Bureau of Prisons have moved former FTX CEO Sam “SBF” Bankman-Fried to a transit facility days after right-wing political commentator Tucker Carlson interviewed him. As of March 27, the Federal Bureau of Prisons website showed Bankman-Fried was being housed at the Federal Transfer Center (FTC) in Oklahoma City, suggesting that he may be moved from the facility where he largely spent the majority of his time awaiting trial and moving forward with an appeal of his conviction. Carlson remotely interviewed SBF from the Metropolitan Detention Center…

Africa’s fintech innovator taps Ripple to provide round-the-clock fund transfers

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Key Takeaways Ripple and Chipper Cash partner to enable faster cross-border payments in Africa. The collaboration aims to expand Ripple’s business and drive financial inclusion across the continent. Share this article Ripple and African fintech company Chipper Cash have joined forces to accelerate cross-border payments on the continent, the company announced Thursday. As part of the collaboration, Chipper Cash will adopt Ripple Payments, a blockchain-powered solution designed to make international transactions faster, cheaper, and more efficient. Cross-border transactions will become much easier and faster with this integration, as customers can…

MahaKumbh signaled India’s readiness for the metaverse

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Opinion by: Shubham Kukrety, co-founder and CEO at QuoteIt  Strange sights were seen as India recently concluded MahaKumbh, a Hindu congregation that occurs once every 144 years. Every day, a man took dips at Sangam — the triple confluence of rivers Ganga, Yamuna and Sarasvati — with several passport-sized photographs offering “Digital Snan,” symbolizing digital nectar baths. A nine-acre camp offered people a glimpse of the Hindu religion since the beginning of time. Several families received a 360-degree live virtual MahaKumbh tour with a VR box and packaged pure Sangam…

What are crypto payment gateways, and how do they work?

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Key takeaways Crypto payment gateways enable businesses to accept cryptocurrency payments from customers.  They act as intermediaries, converting crypto payments into the business’s preferred currency (crypto or fiat).  Crypto payment gateways reduce transaction fees compared to traditional banking systems and provide access to a global customer base. These gateways leverage blockchain technology to offer secure and faster transactions with fewer intermediaries, enhancing transparency and reducing the risk of fraud. The cryptocurrency industry faces significant challenges, particularly in the area of seamless conversion between digital assets and fiat currencies. This issue…

Is Bitcoin’s future in circular economies or national reserves?

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Bitcoin is seeing unprecedented adoption with the US establishing a “strategic Bitcoin reserve,” but some prominent Bitcoin advocates believe the project is getting away from its roots. Earlier this year, Jack Dorsey, a Bitcoin proponent and founder of Twitter, said that he believed if Bitcoin becomes just a form of “digital gold” then the project has failed. He said that a national Bitcoin reserve may be “good for the nation-state, but I don’t necessarily know if it’s good for Bitcoin.”  Dorsey contended that Bitcoin needs to return to the white…

Ripple, Chipper Cash partner for faster and cheaper African remittances

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Ripple has partnered with African payment infrastructure provider Chipper Cash to support crypto-enabled cross-border payments. According to a March 27 announcement, Chipper Cash will use Ripple Payments for its cross-border transactions as part of the deal. The companies said the partnership is designed to offer faster, cheaper and more efficient settlements. Chipper Cash. Source: Chipper Cash official website Reece Merrick, Ripple’s managing director for Middle East and Africa, said that the partnership is an important step in the firm’s expansion in the region. He also highlighted that African consumers and…

Aethir brings ‘try before you buy’ streaming to Doctor Who card game

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Key Takeaways Aethir launched Instant Play technology for Doctor Who: Worlds Apart to enhance accessibility and engagement. SuperScale will manage the campaign to optimize player acquisition and showcase cloud streaming benefits. Share this article Aethir launched its “try before you buy” Instant Play streaming technology for Doctor Who: Worlds Apart, a game developed by Reality+, enabling players to access the game without downloads. The cloud streaming integration aims to enhance player engagement and reduce user acquisition costs by allowing users to stream the game instantly within ads or web pages.…

Tether acquires 30% stake in Italian media company Be Water

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Major stablecoin issuer, Tether, invested 10 million euros ($10.8 million) in Italian media company Be Water. According to a March 27 announcement, Tether acquired a 30.4% stake in Rome-based Media Water. Tether CEO Paolo Ardoino said the company recognized “the importance of independent media in shaping informed societies.” “Our investment in Be Water aligns with our vision to support technology-driven innovation across industries,” Ardoino added. Related: Tether seeks Big Four firm for its first full financial audit — Report According to its LinkedIn page, Be Water is an Italian producer…

BlackRock Bitcoin ETP ‘key’ for EU adoption despite low inflow expectations

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BlackRock’s new European Bitcoin exchange-traded product (ETP) is a major step for Bitcoin’s institutional adoption in Europe, though analysts expect lower inflows than its US counterpart. The iShares Bitcoin ETP, managed by the world’s largest asset manager, began trading on March 25 on Xetra, Euronext Amsterdam and Euronext Paris. While the launch marks a significant step in bringing Bitcoin (BTC) exposure to European investors, analysts at Bitfinex said the product is unlikely to match the success of the US-based iShares Bitcoin Trust exchange-traded fund (ETF), which has seen strong demand…

Tax breaks, SEC cases dropped, Bitcoin Reserve plans unfold

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In the rapidly evolving world of cryptocurrency, regulatory shifts, legal battles and groundbreaking policy proposals are shaping the industry’s future.  The premiere episode of The Clear Crypto Podcast by Cointelegraph and StarkWare brings in a legal expert specializing in the crypto industry to help shed light on the state of crypto regulation in the US, ongoing enforcement actions and the growing role of Bitcoin in government reserves. Crypto regulation in flux With the Securities and Exchange Commission (SEC) under a transformed leadership in the Trump administration, the regulatory landscape is…