Author: Bpay News
Zero Hash Acquisition Mastercard is reportedly considering the acquisition of Zero Hash for nearly $2 billion as part of its strategy to engage with stablecoins. This move reflects Mastercard’s growing interest in the cryptocurrency sector, particularly in the stablecoin market. By acquiring Zero Hash, Mastercard aims to enhance its offerings and expand its services related to digital assets. Zero Hash is known for providing a platform that facilitates the trading and settlement of cryptocurrencies, which aligns with Mastercard’s objectives. The potential acquisition indicates a significant step for Mastercard as it seeks to adapt to the evolving financial landscape driven by…
Elite Ferrari Clientele to Bid on Le Mans Race Car with Digital Tokens: A Glimpse into the Future of Luxury Auctions In a remarkable fusion of elite automotive excellence and cutting-edge blockchain technology, Ferrari is set to redefine the landscape of collector car auctions with a groundbreaking initiative. For the first time in its illustrious history, Ferrari is offering its elite clientele the opportunity to bid on a prestigious Le Mans race car using digital tokens. This revolutionary approach not only underscores Ferrari’s commitment to innovation but also signals a new era in the luxury market sector. Unveiling the Prize:…
Bitcoin ($BTC) is anticipated to align with the upward trend of U.S. stocks following the S&P 500 and Nasdaq achieving record highs, as reported by CoinMarketCap. The recent performance of U.S. equities suggests a bullish sentiment in the market, which may influence Bitcoin’s trajectory. As investors look to capitalize on the positive momentum in traditional markets, cryptocurrencies like Bitcoin are expected to benefit from increased interest and investment. Analysts believe that Bitcoin could mirror the successes of U.S. stock indices, positioning it for potential growth in the near future. The connection between stock market performance and cryptocurrency values remains a…
Second AWS Outage Reported In a Week – Is Your Crypto Safe? In an era where digital finance is forging ahead at an unprecedented pace, disruptions in cloud services can create significant ripple effects. This week marked another moment of uncertainty as Amazon Web Services (AWS), a dominant player in the cloud infrastructure market, experienced its second outage in as many weeks. The incident inevitably raises concerns not just for the general operations of affected businesses but specifically within the cryptocurrency sector, where stability and continuity are fundamental. AWS reported that the recent outage was due to network connectivity issues…
USDT Money Laundering A Beijing court has sentenced five individuals for their involvement in laundering $166 million through the cryptocurrency $USDT, highlighting a major effort against financial crimes related to cryptocurrency in China. The court’s decision reflects an intensified crackdown on illegal financial activities within the rapidly evolving crypto sector. Authorities have been increasingly vigilant in monitoring and addressing such crimes, which pose significant risks to the financial system. This case underscores the government’s commitment to combating money laundering and maintaining financial integrity. The sentencing serves as a warning to others involved in similar activities, as law enforcement continues to…
21Shares Launches Innovative Hyperliquid ETF Amid Booming Crypto Fund Market In a significant move within the cryptocurrency sector, 21Shares, a leader in creating cryptocurrency-focused exchange-traded funds (ETFs), has recently announced its application to launch a Hyperliquid ETF. This initiative is a part of a broader wave of new cryptocurrency funds entering the market, signaling a growing maturity and acceptance of digital assets in mainstream financial portfolios. Understanding the Hyperliquid ETF The Hyperliquid ETF proposed by 21Shares is designed to offer investors more robust exposure to the cryptocurrency market compared to existing products. This ETF aims to track an index which…
Warren, Sanders Blast Trump Administration for Legitimizing ‘Dangerous’ Bitcoin and Crypto 401Ks In a bold move that has sparked both outrage and approval, the Trump administration has recently ushered in regulations that legitimize the inclusion of cryptocurrencies such as Bitcoin in 401(k) retirement plans. This controversial decision has drawn sharp criticism from prominent Democratic senators Elizabeth Warren and Bernie Sanders, who have labeled the move as “dangerous” and “irresponsible.” Background of Crypto Inclusion in 401Ks The inclusion of cryptocurrencies in 401(k) plans was facilitated by guidance released by the Department of Labor, which opened the door for plan providers to…
OKX will introduce $USDT-margined perpetual futures for ENSO and OL, increasing crypto trading alternatives with leverage available up to 50x. The trading will commence on October 29, 2025. This move is part of OKX’s strategy to expand its offerings in the cryptocurrency market. By introducing these perpetual futures, the platform aims to enhance trading experiences for its users. Traders will have the opportunity to use significant leverage, which can amplify their potential gains. The available products will cater to a range of trading strategies and risk profiles. This initiative reflects OKX’s commitment to providing innovative trading solutions to meet the…
Analysts are examining Bitcoin charts to assess the impact on BTC price following comments by Powell that raised uncertainty about a potential interest rate cut in December. The recent statements made by Powell have created a ripple effect in the cryptocurrency market, particularly concerning Bitcoin. Investors are closely monitoring the charts to gauge how this uncertainty may influence Bitcoin’s price trajectory. Market analysts suggest that fluctuations in interest rate expectations can significantly affect cryptocurrency valuations. The relationship between traditional financial indicators and digital assets like Bitcoin is becoming increasingly relevant as the economic landscape evolves. As traders digest Powell’s remarks,…
MoviePass Debuts Crypto-Based Predictions for Box Office Performances In an exciting turn of technological integration and entertainment, MoviePass, the subscription-based movie ticketing service, has made a grand comeback with a bold new feature: crypto-based predictions for box office performances. This innovative approach could potentially transform how success is measured in the movie industry, leveraging the power of blockchain technology and decentralized data to forecast movie revenues. A New Era for MoviePass MoviePass has had its share of ups and downs since its inception in 2011, having once revolutionized the cinema-going experience with its subscription service. After filing for bankruptcy in…