Crypto.com launches ChatGPT-based AI user assistant Amy

Artificial intelligence (AI) continues its pervasive entry into industries worldwide. The latest crypto industry adoptee is Crypto.com, which announced its new generative AI user assistant. Crypto.com announced “Amy” on May 2. The crypto exchange’s new AI companion is built to inform users about the industry, including real-time token prices and projects, historical events, and more. According to the announcement, Amy, which uses ChatGPT as its base, is currently in the pilot phase to “gather learnings” before future expansion. Abhi Bisarya, the executive vice president of product at Crypto.com, says the…

Mastercard launches Mastercard Crypto Credential to boost trust in blockchain The Block

Mastercard has introduced Mastercard Crypto Credential, a set of common standards and infrastructure that will help verify interactions among consumers and businesses using blockchain networks. Mastercard Crypto Credential aims to provide a foundation for financial institutions, governments, brands, and crypto players, ensuring that those interested in interacting across web3 environments are meeting defined standards for the types of activities they’d like to pursue. Raj Dhamodharan, executive VP, Blockchain and Digital Currencies at Mastercard, said: “Setting up and scaling trusted ecosystems to enable commerce is not new to Mastercard. “We’ve done…

Mastercard launches Web3 user verification solution to curb bad actors

Global financial services giant Mastercard has launched a new Web3 solution aimed at enhancing user verification standards and “reducing the opportunities for bad actors” in the digital asset space. The solution is dubbed the “Mastercard Crypto Credential” and its launch was announced on April 29. In an accompanying explainer video shared to Twitter, the firm outlined that its “building a way for Web3 and blockchain service providers to help secure transactions between users, verified according to standards set by Mastercard.” At #Consensus23, we announced how we are instilling trust in…

Binance Launches Ether-Based Liquid Staking Product WBETH to Rival Liquid Staking Competitors – Altcoins Bitcoin News

In an announcement made on April 24, Binance, the cryptocurrency exchange with the largest trade volume, unveiled its latest staking product, wrapped beacon eth (WBETH). This new addition to Binance’s staking solutions is built on the Ethereum network, joining the ranks of other competing liquid staking products such as Lido, Coinbase, Rocket Pool, and Frax. WBETH Emerges as Binance’s New Solution to Ethereum-Based Staking Liquid staking products based on Ethereum have been gaining popularity over the past two years. According to defillama.com metrics, as of this writing, there are over…

Solana launches emissions dashboard to spur blockchain carbon footprint transparency

The Solana Foundation, in collaboration with data platform Trycarbonara, announced the launch of a real-time tracking dashboard to measure carbon emissions on the Solana blockchain.  1/ Today, the Solana Foundation is leading the charge in the climate fight by making Solana one of the first blockchains to have its emissions measured in real time, thanks to a new data portal created with TryCarbonara. Learn more: https://t.co/k4QsZmtjHn pic.twitter.com/gqPwpKtv3u — Solana (@solana) April 21, 2023 According to a blog post from the foundation, this represents the first “major smart-contract blockchain” to measure…

Dfinity Foundation Launches Chain-Key Bitcoin, a Native Internet Computer BTC Derivative Token – Altcoins Bitcoin News

On April 3, 2023, the Dfinity Foundation, a development team behind the Internet Computer (ICP) network, announced the launch of a native ICP token called “chain-key bitcoin” or “ckBTC.” The bitcoin derivative is backed 1:1 with the leading cryptocurrency asset. On Monday, Dfinity detailed that the technology “builds on the protocol-level integration with the Bitcoin network.” Breaking Away from Custodians and Bridges: The Benefits of Chain-Key Bitcoin’s Smart Contract-Based System On Twitter, the Dfinity Foundation announced the full release of chain-key bitcoin, also known as ckBTC. “Proposals 115468, 115470 &…

Binance Launches Joint Anti-Scam Campaign

 Binance, one of the world’s largest cryptocurrency exchanges, has launched a new campaign aimed at preventing scams in cooperation with local law enforcement agencies. The initiative, called the “Joint Anti-Scam Campaign,” was first rolled out in Hong Kong and aims to help potential victims of scams avoid falling prey to fraudulent activity. As part of the campaign, Binance collaborated with the Hong Kong Police Force’s Cyber Security and Technology Crime Bureau to create an “alert and crime prevention message” for Hong Kong residents. When users attempted to make withdrawals, they…