NewsBriefs - Mastercard launches Crypto Credential service for secure blockchain transactions

May 29, 4:30 PM Crypto Briefing

Mastercard launches Crypto Credential service for secure blockchain transactions

Mastercard has introduced the Mastercard Crypto Credential, enabling users of crypto exchanges to conduct transactions using aliases instead of complex wallet addresses. This new feature enhances security by verifying wallet compatibility, preventing the loss of funds due to incompatible asset or blockchain support. Initially available in Latin America and Europe through exchanges like Bit2Me, Lirium, and Mercado Bitcoin, the service is expanding, with new partners like Brazilian exchange Foxbit. The Crypto Credential also facilitates compliance by supporting the exchange of Travel Rule information required for cross-border transactions, thereby promoting transparency and preventing illicit activities.

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• Jan 20, 1:23 PM CoinDesk

  Google searches for 'how to buy crypto' surge after Trump's meme coin launch

  The interest in crypto assets significantly increased, evidenced by the perfect score of 100 on Google Trends for the query 'how to buy crypto.' This surge is largely attributed to the incoming US President Donald Trump's promotion of his own memecoin, suggesting mainstream acceptance of digital assets. Trump's endorsement has potentially opened doors for increased retail interest and discussions of crypto deregulation in the US.

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• Jan 20, 10:00 AM Cointelegraph

  Hashgraph Association partners with Taurus to expand HBAR custody globally

  The Hashgraph Association has partnered with Taurus to facilitate secure custody, staking, and tokenization of HBAR and other assets. This collaboration aims to enhance accessibility for banks and enterprises worldwide, especially in Europe, Asia, the Middle East, and Africa. The partnership also focuses on addressing tokenization challenges and expanding the ecosystem's reach into regulated markets.

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• Jan 20, 7:39 AM CoinDesk

  Solana sets record daily fees of $35M driven by Trump memecoin launch

  Solana, achieved a record in daily fees, generating over $35 million from heightened trading volumes following the launch of Donald Trump's official memecoin, TRUMP. The token issuance led to significant network activity, with Solana handling transactions from about 6 million active addresses and achieving revenue of at least $14 million. This surge in fees and trading volumes reflects increased demand for SOL tokens and an expanded interest in related crypto trading activities.

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• Jan 20, 4:44 AM The Block

  World Liberty Financial reports boost in token sales after Trump memecoin launches

  World Liberty Financial experienced a significant increase in governance token sales, totaling $254 million, following the launch of memecoins by Donald and Melania Trump. The DeFi project sold 20% of its 100 billion token supply and released an additional 5% due to high demand. Tron Founder Justin Sun's $45 million investment further contributed to this surge, emphasizing the crypto community's strong response to the new Trump-affiliated memecoins.

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• Jan 20, 4:00 AM Robinhood

  Robinhood lists TRUMP meme token

  Robinhood has listed the TRUMP meme token, which recently experienced a major decline in value, losing over 40% and erasing $6 billion in market value after competition from Melania Trump's MELANIA coin. Despite the sharp drop, TRUMP's price partially recovered, reflecting a 68% increase over the past 24 hours, although it fell from the top two meme coins, surpassed by Shiba Inu.

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• Jan 19, 4:20 AM CNBC

  Apple and Google remove TikTok from US app stores following Supreme Court ruling

  Following a unanimous Supreme Court decision that upheld the Protecting Americans from Foreign Adversary Controlled Applications Act, Apple and Google removed TikTok from their app stores, making the app unavailable for download and use in the US. This removal is a compliance step following a new regulation requiring ByteDance to either divest TikTok or face a ban in the US.

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• Jan 19, 4:14 AM Binance

  Binance to list OFFICIAL TRUMP token with a seed tag

  Binance will list OFFICIAL TRUMP (TRUMP) with trading pairs TRUMP/USDC and TRUMP/USDT starting January 19, 2025. Deposits will begin two hours before trading, with withdrawals opening the following day. The token is marked with a 'seed tag,' indicating higher volatility and risk, and traders must pass quizzes every 90 days to trade it.

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• Jan 19, 4:02 AM Coinbase

  Coinbase adds Official Trump ($TRUMP) to its listing roadmap

  Coinbase announced the addition of Official Trump ($TRUMP) to its listing roadmap following a significant valuation increase to $32 FDV shortly after its launch. The token, promoted on President Trump's social media accounts, experienced a surge in trading volume and price, peaking at $32.

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• Jan 18, 10:48 AM Binance

  Binance will list TRUMP meme coin on futures market

  Binance has recently announced the listing of the Official Trump (TRUMP) memecoin on its futures platform. Launched today, the crypto has already achieved a market value exceeding $4 billion and has surged by 208% in just 24 hours.

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• Jan 18, 8:48 AM Hand-Picked

  Swiss Bitcoin advocates seek national vote to include crypto in central bank reserves

  In Switzerland, Bitcoin supporters are initiating a campaign to have a national vote on including Bitcoin in the Swiss National Bank's reserves, alongside traditional assets like the dollar and gold. This effort involves collecting 100,000 signatures to prompt a public consultation under the Swiss system of direct democracy. The proponents argue that adding Bitcoin could provide the Swiss National Bank an investment not controlled by any foreign entity, enhancing Switzerland's financial sovereignty.

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• Jan 18, 8:30 AM Bybit

  Bybit to list TRUMPUSDT token for perpetual pre-market trading

  Bybit announced the listing of TRUMPUSDT for Perpetual Pre-Market Trading, starting with a Call Auction on January 18, 2025, at 9:35 AM UTC. The trading process includes a Call Auction phase, an Order Withdrawal period, followed by Match-Making Tradeoff, and possibly a Continuous Auction. The listing is intended for pre-market notice and does not guarantee a permanent spot on Bybit's Derivatives platform.

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• Jan 17, 9:26 PM The Block

  Pro-crypto Vivek Ramaswamy to announce bid for Ohio governor

  Vivek Ramaswamy, a biotech entrepreneur and crypto advocate, plans to run for governor of Ohio. He has previously campaigned against regulatory overreach in the crypto sector. His bid announcement is expected soon, coinciding with his role in leading the Department of Government Efficiency aimed at reducing federal regulations. The gubernatorial race is scheduled for 2026, aligning with the department's project completion.

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• Jan 17, 7:18 PM Hand-Picked

  IRS Commissioner Danny Werfel to resign upon Trump's inauguration

  IRS Commissioner Danny Werfel announced he will resign following President-elect Trump's inauguration, despite his term originally set to expire in 2027. Werfel's decision, influenced by discussions with various stakeholders including IRS employees and Congress, aims to facilitate a smooth transition for Trump's nominee, former Rep. Billy Long. This comes amid ongoing transformations within the IRS supported by the 2022 Inflation Reduction Act, which Werfel has been leading to enhance the agency's efficiency and enforcement capabilities.

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• Jan 17, 5:53 PM The Block

  MARA Holdings hashes portrait of Trump on Bitcoin blockchain to commemorate inauguration

  MARA Holdings, a Nasdaq-traded Bitcoin mining company, has embedded a portrait of Donald Trump, the incoming 47th president of the US, onto the Bitcoin blockchain at block 879613. This move coincides with Trump's upcoming presidency, during which he plans to prioritize crypto regulation and support for the mining industry in the US. MARA also gained significant profit by mining this block, demonstrating the continued growth of cryptocurrency activities in the context of political developments.

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• Jan 17, 3:26 PM Hand-Picked

  Supreme Court upholds law threatening TikTok ban over national security concerns

  The Supreme Court upheld a law requiring ByteDance to divest TikTok by Jan 19 or face a US ban, citing national security risks from Chinese control over the app. The decision leaves an uncertain future for TikTok and its 170 million US users, with potential changes pending from the incoming Trump administration. The ruling emphasizes national security over free speech rights associated with TikTok's operational dynamics.

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