Argentina-based e-commerce and financial services giant Mercado Libre has revealed its plans to expand the use of its dollar-pegged stablecoin, Meli Dólar, into other countries in Latin America.  This move supports the company’s direction to deepen the integration of financial technology solutions into the extensive platform it has established.Initially, the stablecoin was launched in cooperation with Ripio, an Argentina-based cryptocurrency exchange company, and has already been tested in Mexico. The expansion was announced by Juan Vita, the Senior Director of Product at Mercado Pago, during the Modular 2024 event in Sao Paulo. He stressed that Mexico has been chosen as…

Binance alerts users about clipper malware, a new threat that swaps wallet addresses during transactions, after $5.6B lost to fraud last year. Binance recently warned its users about one of the newest threats – ‘clipper malware,’ which helps hackers modify transaction descriptions and perform transactions fraudulently.  This alert comes after the FBI filed a report that pointed to users of the digital currency losing more than $5.6 billion in the last year on the association of several scams and frauds.  Theft via Clipboard Interception Clipper malware is designed to target the clipboard feature on a device—a facility that holds data…

Bank of Russia sets July 2025 for digital ruble launch, aiming to enhance efficiency and reduce costs in financial transactions.  The payment system for the CBDC, or the digital ruble, is expected to be launched by 1st July 2025. According to the Bank of Russia, the stated objectives include preparing for the integration of the digital ruble into the existing monetary system to use it as a complement to cash and other types of non-cash payments.  This strategy aims to facilitate and reduce the costs of financial transactions, thus suits the ongoing global shift towards adopting digital currency systems. Digital…

Bajaj Housing Finance IPO soars, opening at Rs. 150, a 114% leap from Rs. 70 issue price, peaking at Rs. 160.92. Subscription rate hits 67.43x! Bajaj Housing Finance Limited, a company of the renowned Bajaj Group, launched its IPO on Monday with the initial trading on the Bombay Stock Exchange (BSE) at Rs. 150 per share. This opening price was almost 114% higher than the Issue Price of Rs. 70 . The shares continued to rise to its highest levels in early trade at Rs. 160.92, indicating a good market performance. The observed subscription rate implies an over-subscription of 67.43…

SWIFT launches a project to explore CBDCs and tokenized assets integration with banking, focusing on Ethereum for secure digital finance. Considering Integration with Regulated Environments The SWIFT approach is based on introducing digital assets into industries with strict rules and regulations. In this manner, the organization seeks to follow the legal and regulatory requirements that guide the international financial markets systems. Such positioning is aimed at managing risks associated with digital transactions and preventing the shift towards digital assets from threatening the stability of centralized financial systems. SWIFT aims to conduct a set of experiments and pilot programs to test…

Donald Trump announces the launch of World Liberty Financial, a new crypto platform by his sons, set to debut 50 days before the elections. Former President of the United States, Donald Trump has planned the initial launch of his family’s new cryptocurrency platform, World Liberty Financial, 50 days before the elections. Scheduled for next Monday and featuring both TV and web video elements, the event marks a significant change in Trump’s approach, using his campaign’s exposure to push a project launched by his sons, Donald Jr. and Eric Trump. Strategic Business Promotion during Election Period The announcement of the cryptocurrency…

Bitcoin surges past $58K after US inflation data exceeds forecasts, fueling speculation on Fed rate decisions. The cryptocurrency market had a massive surge on Thursday with the Bitcoin price rising above $58,000. This increase comes after the most recent US inflation data which was slightly higher than market forecasts. Experts predict that these figures can affect the decision of the Federal Reserve on the interest rates, with a low possibility of a large rate cut at the next meeting. In August, the core Consumer Price Index (CPI), which measures changes in the prices of goods and services excluding food and…

FLOKI’s price continues to decline, trading 3.98% lower amid bearish market conditions. Despite having airdropped the new meme coin Simon’s Cat (CAT) on the leading exchanges such as Binance and OKX, the price of Floki Inu (FLOKI) continues to suffer in the bearish market. The latest trade saw the FLOKI token selling at around $0.0001230, which is 3.98% less than the previous level, as demonstrated by TradingView. The airdrop was based on distributing CAT tokens to FLOKI holders who had a certain amount of tokens. This made it easier for users as no active claims or wallet connections to external…

Bitcoin surged to $58,000 during the Asian trading session, driven by a rally in US tech stocks and a positive trend in Asian markets. Bitcoin reached $58,000 during the Asian trading session. This was driven by a general increase in US technology stocks and a favorable trend in the Asian stock markets. Despite this financial boost, the cryptocurrency market also witnessed some significant performances, with the layer-1 blockchain token, Sui (SUI), recording significant gains for the day. Tech Stocks and Bitcoin ETF Outflows The increase in Bitcoin price can be attributed to a strong showing in the technology industry, with…

Pepe Coin (PEPE) has been in the limelight in the recent days owing to its shifts in the market and it might touch new highs in the next few weeks. Now changing hands at$0.000007583, the frog-themed meme coin is also showing strong indications of a price bounce especially if it holds above crucial support levels. The market signals suggest that it may be in the process of staging a comeback that could see the cryptocurrency reclaim part of its lost ground. Source: CoinMarketCap On-Chain Data Suggests Market Shift According to on-chain data, PEPE is set to rise as the MVRV…