๐ IvendPay Rebrands To IVPAY And Expands Services
#IVPAY #cryptocurrency #payment #Dash #merchant #POS #ecommerce #invoicing #NFC
According to Odaily, the cryptocurrency payment system ivendPay has announced a rebranding to IVPAY. The rebranded service will now accept Dash payments and expand its offerings to include merchant hardware, point-of-sale (POS) systems, e-commerce applications, and invoicing solutions. Additionally, ivendPay revealed plans at the end of last year to introduce a cryptocurrency payment solution based on NFC technology.#IVPAY #cryptocurrency #payment #Dash #merchant #POS #ecommerce #invoicing #NFC
๐ Blockchain Payment Company Borderless.xyz Secures $3 Million Pre-Seed Funding
#Blockchain #Payment #Funding #Borderlessxyz #Stablecoin #Investment #GlobalTransactions #AmityVentures
According to Foresight News, blockchain-based payment company Borderless.xyz has successfully raised $3 million in a pre-seed funding round led by Amity Ventures. Following the investment, Amity Ventures' managing partner CJ Reim will join the board of directors at Borderless.xyz. The company intends to use the funds to hire additional engineers, expand its geographical reach, and enhance liquidity for its global stablecoin payment network.
Borderless.xyz is focused on developing payment infrastructure that facilitates global transactions between stablecoins, real-world assets, and other 'internet-native currencies' and fiat currencies.#Blockchain #Payment #Funding #Borderlessxyz #Stablecoin #Investment #GlobalTransactions #AmityVentures
๐ Paypal Reports System Issues Potentially Affecting Multiple Products
#Paypal #SystemIssues #Payment #Products #UserUpdate #CustomerService
According to Odaily, payment giant PayPal has announced that it is currently experiencing system issues that may impact several of its products. The company has not specified which products are affected or the extent of the disruption. Users are advised to stay informed through official PayPal channels for updates on the situation. The company is working to resolve the issues as quickly as possible to minimize inconvenience to its customers.#Paypal #SystemIssues #Payment #Products #UserUpdate #CustomerService
๐ Russia Implements Regulations For Digital Rights In Foreign Exchange Transactions
#Russia #DigitalRights #ForeignExchange #Cryptocurrency #TokenizedSecurities #DigitalTokens #CentralBank #FinancialRegulations #Trade #Payment
According to BlockBeats, on January 12, the Central Bank of Russia introduced regulations to manage foreign exchange transactions involving digital rights. Under Russian law, digital rights encompass cryptocurrencies, tokenized securities, and digital tokens, representing claims or obligations related to assets or services. The new decree, effective January 11, outlines the obligations for residents engaging in such transactions, aiming to clarify and enhance oversight of digital assets used for trade and payment purposes.
A key requirement outlined in the regulation is that foreign trade contracts involving digital rights settlements must be registered with authorized banks. The document states, "Foreign trade contracts, including those using digital rights settlements, must be registered with authorized banks. The registration threshold for these contracts remains unchanged: import contracts exceeding 3 million rubles and export contracts exceeding 10 million rubles."
In addition to registration, the Central Bank of Russia explained, "The regulation specifies the documents and information residents must provide to banks, including transaction data for transferring or receiving digital rights as a means of payment under foreign trade contracts, and data on other foreign exchange operations related to digital rights."
By defining these requirements, the Central Bank of Russia aims to integrate digital rights into the broader financial system while mitigating the risks associated with their use.#Russia #DigitalRights #ForeignExchange #Cryptocurrency #TokenizedSecurities #DigitalTokens #CentralBank #FinancialRegulations #Trade #Payment
๐ Musk's Department Blocks $52 Million Payment to World Economic Forum
#Musk #WorldEconomicForum #DOGE #payment #news
According to PANews, the Department of Government Efficiency (DOGE), led by Elon Musk, has halted a $52 million payment to the World Economic Forum (WEF). Musk confirmed the action on his social media platform, X, responding to a post about the news with the comment, "It's true, you're welcome."#Musk #WorldEconomicForum #DOGE #payment #news
๐ Stripe Develops Stablecoin-Centric Financial Product for Testing
#Stripe #Stablecoin #FinancialProduct #Testing #PANews #Payment #Acquisition
According to PANews, Stripe's Product Manager Jeff Weinstein announced on the X platform that the American payment giant is developing its first financial product centered around stablecoins, which is now ready for testing.
In February, Stripe completed a $1.1 billion Bridge acquisition deal, signaling its intention to significantly promote stablecoins.#Stripe #Stablecoin #FinancialProduct #Testing #PANews #Payment #Acquisition
๐ Blockchain Adoption Signals Positive Market Shift
#Blockchain #Adoption #MarketShift #StockMarket #Visa #Mastercard #Payment #Credit #PositiveSignal
According to Odaily, analyst @goodalexander suggests that instead of viewing Circle's recent rise as a bubble, attention should be given to the 9% decline in Visa and Mastercard's stock prices within a week. He believes the market is beginning to price in the large-scale adoption of blockchain in the payment and credit sectors, which he views as a positive and gradual signal.#Blockchain #Adoption #MarketShift #StockMarket #Visa #Mastercard #Payment #Credit #PositiveSignal
๐ GANA Payment Project Suffers $3.1 Million Loss in BSC Exploit
#GANA #Payment #BSC #Exploit #SecurityBreach #BinanceSmartChain #Loss #TornadoCash #Ethereum #ETH #BNB #BlockchainSecurity
According to Odaily, the GANA Payment project experienced a significant security breach earlier today on the Binance Smart Chain (BSC), resulting in losses exceeding $3.1 million. The attacker initially transferred 1,140 BNB, valued at approximately $1.04 million, into Tornado Cash on BSC. Subsequently, the stolen funds were bridged to Ethereum, where 346 ETH, worth around $1.05 million, were deposited into Tornado.
Currently, the attacker retains possession of 346 ETH, equivalent to $1.046 million, on the Ethereum network. The addresses involved in the theft are 0x2e8a8670b734e260cedbc6d5a05532264aae5c38 and 0xd10ed57534dc63f2ea9dc0cb0096086f3cc8fa4d. The Ethereum address associated with the attacker is 0x7a503e3ab9433ebf13afb4f7f1793c25733b3cca.#GANA #Payment #BSC #Exploit #SecurityBreach #BinanceSmartChain #Loss #TornadoCash #Ethereum #ETH #BNB #BlockchainSecurity
๐ BC Card Completes Stablecoin Payment Pilot for Foreign Users
#BCCard #stablecoin #payment #pilot #foreignusers #digitalprepaidcards #SouthKorea
According to Odaily, South Korean credit card company BC Card has successfully completed a pilot project for stablecoin payments. This initiative enables foreign users to pay local merchants using stablecoins. Users can convert stablecoins stored in overseas wallets partnered with BC Card into digital prepaid cards.#BCCard #stablecoin #payment #pilot #foreignusers #digitalprepaidcards #SouthKorea
๐ FCA Approves Sling Money for Crypto Services in the UK
#FCA #SlingMoney #crypto #payment #UK #regulatoryapproval #AvianLabs #cryptoservices #closedtesting #Netherlands #UnitedStates
According to Foresight News, the UK Financial Conduct Authority (FCA) has granted approval to Avian Labs' crypto payment application, Sling Money, to offer crypto services in the UK. This approval positions Sling Money as one of the crypto payment companies supported by major regulatory jurisdictions. Currently, the application is in a closed testing phase in the UK, having previously secured regulatory approval in the Netherlands and the United States.#FCA #SlingMoney #crypto #payment #UK #regulatoryapproval #AvianLabs #cryptoservices #closedtesting #Netherlands #UnitedStates
๐ LINE NEXT Collaborates with JPYC Inc. to Introduce Yen Stablecoin Integration
#LINE NEXT #JPYC Inc #Yen Stablecoin #Stablecoin Integration #LINE Messenger #Digital Payment #Payment Functionality #Financial Options #Reward Systems #Innovative Solutions
LINE NEXT has announced a partnership with JPYC Inc. to incorporate the Japanese yen stablecoin, JPYC, into its platform. According to NS3.AI, this collaboration is set to introduce a stablecoin wallet within the LINE Messenger app, enhancing user experience with new payment functionalities and reward systems. The integration aims to streamline transactions and offer users more versatile financial options within the app. Both companies are committed to exploring innovative solutions to improve digital payment capabilities and expand reward offerings for LINE users.#LINE NEXT #JPYC Inc #Yen Stablecoin #Stablecoin Integration #LINE Messenger #Digital Payment #Payment Functionality #Financial Options #Reward Systems #Innovative Solutions
๐ Binance Offers Limited-Time Discount via Binance Pay
#Binance #BinancePay #discount #promotion #USDT #shopping #BinanceMarketplace #HotDeals #Farfetch #Travala #NordVPN #payment #onlinepayment #promotionperiod #ProMode #eligibletransactions #termsandconditions
According to the announcement from Binance, users can start the new year with a special discount when using Binance Pay for purchases. The promotion offers a 6.5% discount on transactions, capped at 2 USDT per user, and is available on a first-come, first-served basis. The promotion period runs from 2026-01-22 00:00 (UTC) to 2026-02-22 23:59 (UTC). To qualify, users must spend a minimum of 30 USDT equivalent in a single transaction. The discount applies automatically at checkout for eligible transactions.
Users can enjoy the discount by shopping through the Binance Marketplace or Hot Deals section in the Binance App. To access these features, users need to log in to the latest version of the Binance App and switch to Pro Mode if they are currently using Lite Mode. Additionally, users can shop at various online or in-store merchants that accept Binance Pay, including Farfetch, Travala, and NordVPN, among others. The discount is applicable only to eligible transactions made during the promotion period and cannot be combined with other offers.
Binance emphasizes that the delivery and fulfillment of goods or services are the responsibility of the merchant, as Binance acts solely as a payment facilitator. The promotion is not available to users residing in certain countries or regions, including the United States, United Kingdom, and Australia, among others. Binance reserves the right to amend, suspend, or terminate the promotion at its discretion. Users are encouraged to update their Binance App to the latest version to participate in the promotion. Additional terms and conditions apply, and users are advised to contact merchants directly for any order-related issues.#Binance #BinancePay #discount #promotion #USDT #shopping #BinanceMarketplace #HotDeals #Farfetch #Travala #NordVPN #payment #onlinepayment #promotionperiod #ProMode #eligibletransactions #termsandconditions
๐ Alchemy Pay and HTF Securities Collaborate on License Upgrade
#AlchemyPay #HTFSecurities #cryptocurrency #payment #HongKongSFC #virtualassets #licenseupgrade #Type4License #Type1License #Type9License #ACH
Alchemy Pay, a cryptocurrency payment company, has partnered with HTF Securities Limited, a licensed entity under the Hong Kong Securities and Futures Commission (SFC), to complete an upgrade of the SFC's Type 4 license for virtual assets. According to Foresight News, this development builds on Alchemy Pay's previous strategic investment in HTF Securities. The two companies will also collaborate on applications for upgrading the virtual asset business under Type 1 and Type 9 licenses.#AlchemyPay #HTFSecurities #cryptocurrency #payment #HongKongSFC #virtualassets #licenseupgrade #Type4License #Type1License #Type9License #ACH
๐ U.S. Makes Partial Payment to UN Amid Funding Concerns
#US #UN #Payment #FundingCrisis #Debt #Bloomberg #GlobalCommitments #FinancialObligations #UNChallenges
The United States has recently made a partial payment to the United Nations, addressing only a small portion of its approximately $2 billion debt to the organization. Bloomberg posted on X that this payment comes as the UN faces a significant funding crisis. The financial shortfall has raised concerns about the organization's ability to maintain its operations and fulfill its global commitments. The UN has been urging member states to meet their financial obligations to ensure the continuity of its programs and initiatives. The U.S. payment, while a step forward, highlights the ongoing challenges the UN faces in securing adequate funding from its members.#US #UN #Payment #FundingCrisis #Debt #Bloomberg #GlobalCommitments #FinancialObligations #UNChallenges
๐ Automation in Food Service Reduces Labor Needs
#Automation #FoodService #LaborReduction #Technology #Efficiency #QRcodes #iPads #Ordering #Payment #IndustryTrends
The Long View, institutional investor, posted on X. Automation in the food service industry is increasingly reducing the need for human labor. The use of technology, such as QR codes and iPads for ordering and payment, is becoming more prevalent, allowing customers to manage these tasks independently. This shift towards efficiency means that fewer workers are required to perform traditional roles, such as food running. As technology continues to advance, the industry is likely to see further reductions in labor demands.#Automation #FoodService #LaborReduction #Technology #Efficiency #QRcodes #iPads #Ordering #Payment #IndustryTrends
๐ Tether Invests in Whop to Enhance Stablecoin Payments
#Tether #Whop #Stablecoin #Investment #Payment #USDt #USAt #WalletDevelopmentKit #SelfCustodialPayments #NS3AI #InternationalExpansion
Tether has made a strategic investment in the online marketplace Whop, aiming to enhance the adoption of stablecoin settlements. According to NS3.AI, Whop plans to utilize Tetherโs Wallet Development Kit to facilitate self-custodial payments using stablecoins USDโฎ and USAโฎ. This move is part of Whop's strategy to expand its international presence and promote the use of stablecoins in transactions.#Tether #Whop #Stablecoin #Investment #Payment #USDt #USAt #WalletDevelopmentKit #SelfCustodialPayments #NS3AI #InternationalExpansion
๐ WalletConnect Pay Integrates USDe as Payment Option
#WalletConnect #USDe #Payment #Crypto #Fintech #Blockchain
Ethena announced on X that WalletConnect Pay has integrated USDe as a new payment option. According to NS3.AI, this development aims to enhance the payment flexibility for users of the platform.#WalletConnect #USDe #Payment #Crypto #Fintech #Blockchain