Crypto News
Mastercard Says It Has Moved Beyond Experimentation in Crypto, Focused on ‘Real Solutions’
Traditional finance firms that have adopted crypto are moving past the experimentation phase and are actively working on real-world solutions, Mastercard’s head of crypto and blockchain, Raj Dhamodharan, told CoinDesk.“Many of us in the industry are moving beyond experimentation; it’s actually real solutions,” he said, noting that Mastercard has already enabled stablecoin payments for financial institutions. Those institutions can choose to settle transactions using stablecoins, reflecting a broader trend in crypto adoption.Last week, the payments giant announced a partnership with crypto compliance firm Notabene, which will integrate Mastercard’s Crypto Credential into its SafeTransact platform to make digital asset transactions more secure and user-friendly.The Crypto Credential system continues to be a focus of Mastercard’s efforts to make crypto more mainstream. It...
Elon Musk’s Xai Launches Grok 3, Claims AI Supremacy Throne
Grok 3, the latest AI model from Xai, a company owned by Elon Musk, was launched recently. The model allegedly beats Chatgpt and Deepseek, in selected tests. Elon Musk’s Grok 3 Claims the AI Throne From Rivals in Chatbot Arena The artificial intelligence (AI) chatbot arena has a new leader. Xai, the AI company ownedSource link
MARA Holdings Closes Deal for Texas Wind Farm
The second-largest publicly traded corporate bitcoin holder, MARA Holdings (MARA), has announced the completion of the acquisition of a wind farm in Texas, adding 114 megawatts of nameplate wind capacity and 240 megawatts of interconnection capacity to its operations.The Florida-based company plans to use the wind farm to power bitcoin mining operations using last-generation ASIC mining hardware “that would have otherwise been written off or sold into the secondary market.”MARA noted that repurposing the machines and leveraging renewable energy will reduce bitcoin mining products costs while using wind power that might have otherwise gone unused.“With this added renewable energy asset, MARA now owns and operates 136 megawatts of generating capacity,” CEO Fred Thiel said in an announcement.MARA is the second-largest...
Report: Argentina’s Javier Milei to Be Investigated by the FBI on Libra’s Scandal
Libra’s downfall, a cryptocurrency project that Argentine President Javier Milei posted on social media, is now the subject of an Federal Bureau of Investigation (FBI) probe. The complaint seeks to ascertain the role of Milei, Kip Protocol, and Kelsen Ventures in Libra’s launch. Argentine President Javier Milei Targeted in FBI Probe on Libra The FederalSource link
CoinDesk 20 Performance Update: APT Drops 5.6% as Index Trades Lower From Monday
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3183.11, down 1.4% (-46.75) since 4 p.m ET on Monday.Two of 20 assets are trading higher.Leaders: LTC (+4.9%) and BTC (+0.3%). Laggards: APT (-5.6%) and SOL (-5.1%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link