‍Square Enables First Bitcoin Coffee Purchases via Lightning Network Square, a subsidiary of Block, has successfully piloted its Bitcoin payment system, allowing Compass Coffee in Washington D.C. to process customer purchases using Bitcoin over the Lightning Network. This integration aims to make Bitcoin payments as seamless as card transactions for small businesses. Merchants can accept Bitcoin and convert up to 50% of daily sales revenue with zero processing fees for the first year. Experts believe the Lightning Network's speed is a crucial step for Bitcoin's utility as a currency, potentially driving wider adoption, particularly in regions where crypto is seen as essential. Challenges remain, including regulatory clarity and the need for improved payment user experience (UX) and merchant integration. However, Square's move is seen as a significant stride toward building the necessary utility for widespread crypto payment adoption.
Cryptovka
Square Powers First Bitcoin Coffee Purchase: Mainstream Crypto Adoption Takes a Giant Leap
A significant milestone in cryptocurrency adoption was recently achieved as Square, a subsidiary of Block, rolled out its new Bitcoin payment syste...
‍Weekly Wizdom Fuels Crypto Growth with Community Events and Expert Insights Weekly Wizdom recently hosted a successful community event in Singapore, featuring go-karting and a networking meetup. The platform emphasizes fostering real-world connections among crypto enthusiasts. Beyond events, Weekly Wizdom's acclaimed newsletter offers trade setups, real-time alerts, and expert insights for traders. Their core mission centers on learning, connection, growth, and real-time insights within the crypto ecosystem. Upcoming exclusive events are planned to further unite the global crypto community. Join Weekly Wizdom for expert insights and community networking.
Cryptovka
Weekly Wizdom: Fueling Crypto Growth Through Community and Expert Insights
Weekly Wizdom, a dynamic platform dedicated to empowering traders, recently hosted its second highly successful community event in Singapore....
‍Australia Tightens Grip on Crypto ATMs The Australian government is introducing new powers to regulate cryptocurrency ATMs, designating them as "high-risk products" linked to illicit activities. AUSTRAC investigations have revealed significant use of these machines for money laundering, scams, and other financial crimes, with 85% of transactions by top users associated with scams or money mules. Legislation is being drafted to allow AUSTRAC to restrict or ban high-risk crypto products. While an outright ban is not confirmed, regulators aim to curb criminal misuse without stifling innovation. Some industry figures suggest existing channels pose similar risks and advocate for collaborative monitoring systems.
Cryptovka
Australia Moves to Tame Wild West of Crypto ATMs with Sweeping New Powers
Australia
‍UK Outlines Stablecoin Strategy: Temporary Curbs for a Multi-Money Future The Bank of England (BoE) has clarified its temporary limits on stablecoin holdings and transaction sizes, aiming to support their role in a future multi-money system. Deputy Governor Sarah Breeden stated these interim restrictions are to allow the "structure of real-economy financing to adjust." The BoE will consult on proposed limits, considering feedback for higher business limits and potential exemptions. This approach addresses industry concerns about stifling innovation, as the BoE seeks to prevent rapid outflows from traditional banks into stablecoins that could destabilize credit markets. While the BoE aims to manage the integration of stablecoins, it asserts its continued role in wholesale payments. The bank encourages collaboration with industry participants to develop and deploy this technology responsibly.
Cryptovka
UK
The Bank of England (BoE) has recently provided crucial clarification regarding its proposed limits on stablecoin holdings and transaction sizes, a...
‍Dota 2 YouTube Channel Hijacked for Solana Meme Coin Scam A coordinated pump-and-dump scheme targeted the official Dota 2 YouTube channel, with hackers briefly seizing control to promote a Solana-based meme coin. The fraudulent livestream directed viewers to a PumpFun token that quickly lost value, exhibiting classic scam patterns like low bonding curve progress and concentrated token supply. This incident follows a history of YouTube channel hijackings used to push fraudulent crypto schemes, often employing sophisticated phishing tactics to compromise verified accounts. Users are urged to remain vigilant and verify information from official sources.
Cryptovka
YouTube Crypto Scams Strike Again: Dota 2 Channel Hijacked for Solana Meme Coin Pump-and-Dump
The digital landscape of cryptocurrency is no stranger to scams, but a recent incident involving the official Dota 2 YouTube channel highlights a...
‍Google Unveils Veo 3.1 AI Video Generator for Crypto Content Google has launched Veo 3.1, an advanced AI video generator designed to enhance visual content for the crypto and Web3 sectors. The platform offers improved audio synchronization, precise editing, and the ability to create up to minute-long clips. Veo 3.1 features include "Ingredients to Video" for merging references, "Frames to Video" for seamless transitions, and "Extend" for continuing motion. It produces 1080p videos with various aspect ratios. Pricing starts at approximately $0.40 per second for video with audio, with a faster variant at $0.15 per second. The tool demonstrates superior lip-sync and dialogue generation capabilities compared to competitors like Sora and Grok. However, its image-to-video generation can sometimes prioritize coherence over strict adherence to source material, and rapid motion generation remains a challenge.
Cryptovka
Google
Google has officially launched Veo 3. 1, an upgraded version of its AI video generator, intensifying its challenge to OpenAI’s popular Sora 2....
‍Trade War Declared: Geopolitical Tensions Impact Crypto Markets US President Donald Trump has confirmed an active trade war with China, including a threat of 100% tariffs on all Chinese imports. Historically, such measures create market shockwaves, affecting cryptocurrency. Last Friday, Trump's tariff threat caused a significant crypto crash, with Bitcoin dropping sharply. While the immediate reaction to the confirmed trade war has been subdued, crypto markets remain vulnerable to global economic shifts. Investor sentiment, capital flows, and appetite for speculative assets are all influenced by geopolitical events. Monitoring these developments is crucial for investors. The long-term impact on supply chains and digital asset adoption remains to be seen.
Cryptovka
Trade War Declared: How Geopolitical Tensions Ripple Through Crypto Markets
US President Donald Trump has officially confirmed that the United States is engaged in an active trade war with China....
‍North Korean Hackers Target Crypto Devs via npm Registry State-sponsored North Korean hackers have launched a sophisticated campaign using the npm registry to infiltrate tech firms and steal digital assets. Researchers uncovered over 300 malicious code packages disguised as legitimate JavaScript libraries. These packages install malware designed to steal passwords, browser data, and cryptocurrency wallet keys. The "Contagious Interview" campaign involved hackers posing as recruiters to target developers in blockchain and Web3. This "software supply-chain attack" is particularly dangerous, as it spreads invisibly through legitimate updates and dependencies. Developers are advised to treat every "npm install" command with caution, scan dependencies thoroughly, utilize automated vetting tools, verify recruiter identities, and isolate development environments. This incident highlights the persistent threat North Korean actors pose to the cryptocurrency industry.
Cryptovka
The Hidden Threat: North Korean Hackers Target Crypto Devs via npm
North Korean state-sponsored hackers are actively targeting the cryptocurrency space, according to a recent report....
‍Trader James Wynn Suffers $4.8M Liquidation Amid High-Leverage Trading Pseudonymous crypto trader James Wynn has reportedly experienced another substantial liquidation, totaling approximately $4.8 million. This event, following a previous $100 million loss, underscores the significant risks inherent in high-leverage trading within the volatile cryptocurrency markets. Wynn reportedly initiated highly leveraged positions, including a 40x long on Bitcoin and 10x longs on meme tokens and Hyperliquid. Despite a declared intention to recover losses, his positions were rapidly liquidated. This serves as a critical reminder of the amplified volatility and potential for catastrophic losses when using leverage in crypto trading.
Cryptovka
The Cost of Extreme Leverage: James Wynn
Pseudonymous high-leverage crypto trader James Wynn has once again made headlines, this time for a significant liquidation totaling approximately $...