Bitcoin News and Finance: What You Need to Know

Mastercard is collaborating with Feedzai to “increase crypto fraud protection for hundreds of millions of consumers.” In pairing the technologies offered by the two companies, “Feedzai’s customers, who collectively protect over 900 million consumers globally, will now be able to identify and prevent transactions involving fraudulent crypto exchanges before they occur,” Mastercard explained. Mastercard Expanding Crypto Fraud Protection Mastercard announced Monday that the company is collaborating with Feedzai, a leading provider of financial crime and risk management solutions, to “increase crypto fraud protection for hundreds of millions of consumers.” The payment giant detailed that Feedzai will “leverage Mastercard’s Ciphertrace crypto intelligence solutions to reduce the risk of account-to-account fraud flowing into crypto exchanges.” This integration will involve integrating Mastercard’s Ciphertrace Armada into Feedzai’s Riskops platform, which analyzes transaction data total...

The U.S. Securities and Exchange Commission (SEC) has identified 16 crypto tokens as securities in its lawsuit against cryptocurrency exchange Kraken. Some of the alleged crypto securities were the same as those highlighted in the SEC’s lawsuits against Coinbase and Binance. Kraken’s CEO stressed: “We strongly disagree with the SEC claims, stand firm in our view that we do not list securities, and plan to vigorously defend our position.” SEC Labels 16 Crypto Tokens as Securities In its lawsuit against crypto exchange Kraken filed on Monday, the U.S. Securities and Exchange Commission (SEC) named 16 crypto tokens as securities. The regulator’s complaint states: Kraken currently makes available for trading crypto assets that have been the subject of prior SEC enforcement actions based upon their status as crypto asset securities, including crypto assets trading under the symbols ADA , AXS, ALGO, ATOM , CHZ, COTI, DASH , FIL, FLOW, ICP, MANA, MATIC, NEAR, OMG, SAND, and SOL. The r...

Rich Dad Poor Dad author Robert Kiyosaki has urged investors to prepare for hyperinflation, emphasizing that bitcoin is “your best protection.” He perceives the cryptocurrency as “people’s money,” the value of which cannot be controlled by governments. Robert Kiyosaki: Bitcoin Is Your Best Protection The author of Rich Dad Poor Dad, Robert Kiyosaki, is advising investors to prepare for hyperinflation, emphasizing that he views bitcoin as the best protection. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. In a post on social media platform X on Sunday, Kiyosaki shared that he was “just in Germany to celebrate 100 years since 1923, the hyperinflation that brought Adolf Hitler to power.” He added: “Are we about to celebrate hyperinflation too? I hope not. Yet our government leade...

A recent analysis by 0xB10C, a developer and onchain analyst, has uncovered intriguing findings in the Bitcoin network. The study, which focuses on the mining pools’ transaction selection processes, revealed that certain transactions from U.S. Treasury-sanctioned addresses were missing from blocks. This insight raises questions about the practices of mining pools and their influence on the network’s censorship-resistant qualities. Study Highlights Potential Censorship in Bitcoin Network The investigation by 0xB10C , detailed in a comprehensive report , scrutinized the activity of today’s most prominent bitcoin mining pools. It focused on six specific transactions linked to addresses sanctioned by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). This analysis is part of a broader project, the developer’s miningpool-observer , aimed at detecting instances where bitcoin mining pools may not include transactions that they could be mining. The findings sugg...