Crypto News

Sony Electronics (Singapore) Pte. Ltd. (SES) has announced a partnership with Crypto.com to accept USDC, a U.S. dollar-pegged stablecoin, for direct payments on Sony Store Online. This integration aims to make cryptocurrency payments more accessible to consumers, particularly tech-savvy shoppers. Crypto.com, one of the largest cryptocurrency exchanges globally, emphasizes regulatory compliance and security in itsSource link

XRP, the token closely related to Ripple Labs, is showing signs of a potential breakout as its price chart forms a symmetrical triangle pattern alongside other bullish technical indicators.XRP has been consolidating within the pattern shown below, characterized by two converging trend lines that suggest a buildup of momentum. Technical analysis from well-followed X user @DefendDark indicates that a breakout from this formation could propel XRP toward a short-term target of $6.The symmetrical triangle has been forming over recent weeks, with XRP’s price action tightening as it approaches the apex of the triangle. This setup, commonly observed in crypto markets, often precedes a sharp move — either upward or downward — depending on the direction of the breakout.Fibonacci retracement analysis...

Africa is facing a surge in cyberattacks where hackers hijack social media accounts of prominent figures and institutions to promote fake cryptocurrencies. Some experts recommend educational campaigns to teach users how to verify token promotions. Compromised Accounts Used in Crypto Fraud Promotions Africa faces a growing threat from hackers who are hijacking the social mediaSource link

Crypto enthusiasts might have heard of the ERC-20 token standard, which provides guidelines to ensure that tokens created on the Ethereum smart contract blockchain are compatible and can interact with other tokens and applications within the network.A similar standard for data-backed tokens, called VRC-20, has now emerged.Vana, an EVM-compatible Layer 1 blockchain that helps users monetize personal data by bundling it into DataDAOs for AI model training, introduced the new standard early this week to boost trust and transparency in the market for data-backed digital assets."For data markets to work, tokens must be reliable, secure, and useful. As a universal standard for data-backed tokens, VRC-20 delivers this by ensuring fair and transparent data token trading," Vana announced on X.The VRC-20...

UPCX, a decentralized payment network, has temporarily suspended deposits and withdrawals due to unauthorized activity in its management accounts. Unauthorized Transfer of Millions in UPC Tokens UPCX, a decentralized payment network, has announced the temporary suspension of deposits and withdrawals following the detection of unauthorized activity involving its management accounts. In an update shared viaSource link