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Ripple Debuts XRP-Based Cross-Border Payments in UAE
On May 19, Ripple announced the launch of “Ripple Payments” in the United Arab Emirates (UAE). This service lets Zand Bank (the country’s first all-digital bank) and Dubai-based fintech Mamo send and settle cross-border transfers in seconds using fiat, XRP,...
Coinbase Data Breach Leads to $2M Crypto Theft via Phishing Scam
On May 17, a report emerged that scammers posing as Coinbase security staff drained 17.5 BTC and 225 ETH, valued at more than $2 million, from Los Angeles artist Ed Suman after exploiting customer data leaked in Coinbase’s recent support-desk...
Lightchain Protocol AI Launches $150K Developer Grant Program to Boost Decentralized AI Innovation
Lightchain Protocol AI, an Ethereum-compatible Layer-1 blockchain designed specifically for decentralized artificial intelligence, has officially launched its Developer Grant Program. The initiative aims to attract experienced developers, innovative startups, and ecosystem builders by offering grants ranging from $25,000 to $150,000....
Brazil’s Méliuz Allocates $28M to Bitcoin Treasury as Shares Climb 116%
On May 15, Brazilian fintech Méliuz (CASH3.SA) acquired 274.52 Bitcoin at an average price of $103,604, costing the firm $28.4 million. The May 15 purchase, approved during an extraordinary shareholders’ meeting, formally established Méliuz as the first publicly listed company...
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He who controls the money supply of a nation controls the nation.
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