Masa announces soulbound ID tokens for Coinbase’s Base Network

[ad_1] Masa Finance’s soulbound tokens will soon be available on Coinbase’s Base network, according to an April 4 announcement from Masa Finance. The new tokens will allow users to link identifying and reputational characteristics to their wallet addresses, making credit underwriting possible on the blockchain, the company said.@getmasafi to Launch Soulbound Token Protocol & Developer Toolkit on @Build0nBaseBlockchain With the Base SBT Developer Toolkit Masa will support the seamless deployment

Stablecoin issuer Tether accessed US banking system using Signature: Report

[ad_1] Tether, the firm behind the largest stablecoin by market capitalization, reportedly allowed its clients to send funds through Signature Bank’s payments platform — granting the firm access to United States banks.According to an April 4 Bloomberg report, Tether had a pathway to the U.S. banking system by instructing its users to send dollars though Signature’s Signet to its Bahamian partner Capital Union Bank. The report cited “people with knowledge

OpenSea launches advanced NFT marketplace aggregator

[ad_1] NFT marketplace OpenSea has unveiled OpenSea Pro, its new non-fungible token (NFT) marketplace aggregator aimed at serving the needs of professional users. OpenSea's acquisition of NFT aggregator Gem in April 2022 enabled it to develop and refine Gem's platform to create the new OpenSea Pro.Allow us to reintroduce ourselves Starting today, Gem V2, the best-in-class NFT aggregator, is now OpenSea Pro!➡️⛵️OpenSea Pro will still be run by the same

Crypto could eliminate 97% of traditional remittance fees: Coinbase

[ad_1] A recent blog post from cryptocurrency exchange Coinbase indicates the vast majority of U.S. remittance fees for international transfers wouldn’t apply to similar transactions conducted using cryptocurrency. According to the exchange’s research, “The US average fee rate of 6.18%, means Americans' average yearly spend is likely close to $12 billion on remittance fees.” The post goes on to state that the average transaction time for such remittances ranges from one

Massive supply chain attack targeting small number of crypto companies: Kaspersky

[ad_1] A supply chain attack installed a backdoor in computers around the world but has only been deployed in fewer than ten computers, cybersecurity company Kaspersky has reported. The deployments showed a particular interest in cyptocurrency companies, it added. Cybersecurity company Crowdstrike reported on March 29 that it has identified malicious activity on the 3CX softphone app 3CXDesktopApp. The app is marketed to corporate clients. The malicious activity detected included “beaconing

Is Dogecoin coming to Twitter? Watch The Market Report

[ad_1] This week on The Market Report, Cointelegraph analyst and writer Marcel Pechman breaks down everything that has been happening between Twitter, Elon Musk and Dogecoin (DOGE). He also covers the Changpeng “CZ” Zhao arrest rumors and Japanese crackdowns on crypto exchanges.Bitcoin price bounces after CZ arrest rumors as traders eye $30K nextData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $27,240 on Bitstamp. Its lowest since March

Deposits to zkSync surpass $110M as its DeFi ecosystem explodes

[ad_1] The total amount of funds bridged to zkSync reached $115 million within 10 days of the public mainnet launch as users rush to farm the airdrop of the Ethereum rollup’s expected native token, per L2BEAT data.The zkSync era mainnet was launched one day after the March 24 Arbitrum airdrop. The median airdrop for eligible wallets was 1,250 ARB, earning its owners around $1,500 in free money. As users rushed

Texas Senate committee moves forward on bill removing incentives for crypto miners

[ad_1] The Texas Senate Committee on Business and Commerce has passed legislation that would largely remove incentives for miners operating under the state’s crypto-friendly regulatory environment. In an April 4 session of the committee, Texas lawmakers agreed to move forward in a 10-0 vote on Senate Bill 1751 first introduced by state Senator Lois Kolkhorst. The proposed legislation would amend sections of Texas’ utilities and tax code to add restrictions for

PayPal and the credit card industry are taking advantage of consumers

[ad_1] More Americans are unable to pay their credit card bills in full at the end of the month, with 46% of credit cardholders carrying month-to-month debt, up from 39% in 2022. A recent report from the Federal Reserve Bank of New York highlighted how the current 15% year-to-year credit card balance increase represents the largest jump in more than 20 years. It’s undeniable that ordinary people are facing higher

Liquidity protocol Sentiment exploited for over $500K

[ad_1] Sentiment, an undercollateralized lending protocol, appears to have been exploited on April 4 for over $500,000 in crypto. Ethereum blockchain data shows a transaction that transferred 536,738.410031 USD Coin (USDC) from the Synapse Bridge, and this links up with a series of Arbitrum transactions draining coins from the Sentiment protocol. The wallet performing the attack has been labeled "Sentimentxyz Exploiter" by Arbiscan, and the Sentiment team has announced on Twitter that