Polymarket Faces $10 Million Stolen-Card Fraud Probe as CEO Favored Growth
Prediction market platform saw peak fraud rates above 80% in February after criminals linked stolen debit cards to U.S. accounts, with leadership prioritizing expansion
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Latest updates, press releases, and insights from the volatile world of digital assets.
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Visa Closes Credit Card Rewards Loophole for Memecoin Buys
Visa directs processors to reclassify memecoin purchases under crypto rules, ending rewards eligibility after a classification review
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Column Unveils Unified Banking Platform Linking Stablecoins to Cards and Global Payments
Fintech bank Column introduced four interconnected products for stablecoin conversion, card issuing, worldwide accounts and multicurrency services, already handling billions in volume for major clients
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MoneyGram Rolls Out Stablecoin-Backed Visa Card Starting in Colombia
The remittance company introduces a digital Visa card linked to dollar stablecoin balances, enabling spending and cash access for customers in its first market
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Hamster Kombat Players Can Claim Daily Combo and Cipher Rewards on August 31
Telegram mini-app users have until midnight to finish the Daily Combo for 5 million coins and solve the Daily Cipher Morse code puzzle for $HMSTR tokens
- News
Public Citizen Estimates $4.7 Billion Investor Losses from Trump Family Crypto Ventures
A consumer advocacy group calculated combined realized and unrealized losses across memecoins, tokens, NFTs and related holdings since 2022, while noting substantial related earnings for the president
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Banxa Rolls Out Headless Infrastructure for Seamless Stablecoin Payments
Payments firm introduces Native product enabling fiat-crypto transactions inside partner apps without redirects or repeated identity checks
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Fasset Reaches $1 Billion Valuation With $68 Million Series C Led by SBI Group
Stablecoin-focused digital bank raises fresh capital three months after prior round, citing sixfold revenue growth and sustained profitability as it expands payment corridors
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Krak Rolls Out Multi-Asset US Debit Card Amid Payward Expansion
Kraken’s consumer app Krak introduces a Visa debit card for US users that supports spending from over 600 crypto and fiat assets with cashback options
- News
ECB Survey Shows Crypto Payments Near Absent Among Euro Area Merchants
Just 0.2% of online businesses accept crypto assets while mobile payments surge and cash holds firm at physical points of sale across the euro area
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