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Mastercard Users Can Now Purchase Additional Coins on Binance, Including XRP and SHIB The second-biggest payments network in the world, Mastercard, shut down the biggest cryptocurrency exchange in terms of trading volume last August. This was concurrent with Binance's growing legal issues. The U.S. Securities and Exchange Commission filed a lawsuit against Binance in June 2023, alleging that it was operating in the country as an unregistered trading platform and breaking securities laws. When Binance was compelled to pay $4.3 billion to settle with the U.S. Department of Justice (DOJ) after admitting guilt to permitting widespread money laundering on the exchange, its legal problems reached a breaking point in late 2023. The exchange's veteran CEO, Changpeng Zhao, resigned and was eventually given a four-month prison sentence. Richard Teng, the new CEO of Binance, has emphasized the significance of regulatory compliance on numerous occasions in an effort to repair the exchange's damaged reputation. Mastercard made a U-turn after evaluating Binance's most recent attempts to put in place more stringent restrictions. But the capacity to make more purchases is dependent on the credit card giant's upcoming evaluations. Mastercard has always been interested in cryptocurrencies, with a particular emphasis on the potential of blockchain technology to improve payments. Alongside brands like IBM and Alibaba, it was named as one of the top firms by a number of blockchain-related patents in 2018. In collaboration with Circle, it began evaluating the feasibility of using stablecoins for payment processing in 2020. In order to enable its users to buy non-fungible tokens, it partnered with cryptocurrency payment service MoonPay in 2022. #StartInvestingInCrypto #bitcoin #shiba⚡ #XRPGoal $BNB $BTC
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Crypto Mailing Vendors List Was Hacked; CEO of Tether Warns [Due to a serious security breach, a prominent vendor that maintained email lists for cryptocurrency companies was hacked, which resulted in the dissemination of phony emails promising airdrops.] It has been verified that a significant vendor in charge of email lists for different cryptocurrency organizations has been compromised, which is a worrying development for the bitcoin ecosystem. Sensitive information may have been compromised by this incident, which could have sparked a surge of phony emails offering cryptocurrency airdrops. Because unscrupulous actors may use the exposed data to trick consumers and spread frauds, the hack poses a serious danger to the security and confidence of the cryptocurrency sector. [The CEO of Tether's Reaction and Suggestions] The CEO of Tether, Paolo Ardoino, commented on the situation, stating that they have heard from two separate sources indicating that a well-known vendor that cryptocurrency companies employ to maintain their mailing lists may have been compromised. Ardoino warned the community to be very wary of such cryptocurrency scams, but he declined to name the vendor until the inquiry was over. Ardoino said, "Please be cautious of any emails suggesting crypto-airdrops received since 24 hours ago." He stressed the significance of closely examining any unsolicited emails and cautioned against opening attachments or clicking on links from unidentified senders. The management of Tether is pushing for stricter security measures throughout the sector and is acting proactively to reduce the risks this incident poses. [Greater Effect and Preventive Actions] Bobby Ong, co-founder of CoinGecko, provided more information on the issue, confirming that an email newsletter provider is in fact the target of an ongoing supply chain email breach assault. These bogus email blasts touting fictitious token launches might have an impact on a number of cryptocurrency firms. #Bitcoin❗ #HackerNews
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