Singapore’s Metro Department Stores to Support Stablecoin Transactions
As the use of stablecoins increases, Singapore’s Metro department store chain will begin supporting stablecoin transactions both in-store and online. According to Cointelegraph, the integration will be powered by crypto platform Dtcpay. Metro customers will be able to make purchases using dollar-based assets like Tether’s USDT and Circle’s USDC, as well as FD121’s First Digital […]
Senate Moves to Rein in Crypto ATM Scams
In response to scams involving bitcoin ATMs that cost consumers more than $100 million annually, four Democratic senators have introduced the Crypto ATM Fraud Prevention Act. The proposed law, spearheaded by Sen. Dick Durbin (D-Ill.), would prevent new users from spending more than $2,000 per day or $10,000 over a 14-day period to buy cryptocurrency […]
The Growing Threat of Cyberwarfare from Nation-States
Back in 2011, a group of Iranian hackers launched a series of distributed denial-of-service (DDoS) attacks against nearly 50 U.S financial institutions. The attacks were alarming enough, disabling bank websites and preventing customers from accessing their online accounts. However, the situation became even more troubling when it was revealed that these attacks were sponsored and […]