Mastercard and Google are collaborating on a system called Verifiable Intent that creates tamper-resistant cryptographic records of user authorizations when AI agents act on their behalf. The framework aims to establish trust and security in AI-powered shopping transactions by ensuring users have explicit control over what autonomous agents can do with their accounts and payment data.
Archives: Fast News
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Wyoming senator advances crypto tax exemption proposal in market structure bill
Senator Cynthia Lummis continues to advocate for pro-crypto policies within a market structure bill under Senate consideration. The proposal includes provisions addressing cryptocurrency taxation as lawmakers debate regulatory frameworks for digital assets.
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Franklin Templeton adds Cardano to crypto index ETF
Franklin Templeton, managing $1.7 trillion in assets, has included Cardano (ADA) in its crypto index ETF. The inclusion reflects the asset manager’s broader exposure to digital assets through a diversified index approach. ADA was trading around $0.2559 at the time of this update.
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Cardano integrates Pyth Network oracles, says founder Hoskinson
Cardano founder Charles Hoskinson announced that Pyth Network oracles have been integrated into the Cardano ecosystem. The integration brings what Hoskinson described as Tier-1 oracle infrastructure to the network, potentially expanding data feed capabilities for decentralized applications built on Cardano. Pyth Network is a cross-chain oracle protocol that provides real-time market data for blockchain applications.
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Two largest crypto asset managers increase Bitcoin and Ethereum purchases
Strategy has purchased nearly 6 times more Bitcoin than the previous week, while Bitmine has increased its Ethereum acquisitions above typical levels. The moves signal continued institutional interest in major cryptocurrencies amid market conditions.
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Gold falls below $5,100 while silver gains
Gold prices declined below $5,100 per ounce while silver rebounded, showing divergent moves in precious metals markets. The divergence reflects shifting investor sentiment across different commodity classes. Gold typically serves as a safe-haven asset, while silver’s performance is often tied to industrial demand and risk appetite.
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Aerodrome WETH-USDC pool on Base offers 66.3% APY with $14M TVL
The Aerodrome WETH-USDC liquidity pool on Base blockchain currently offers 66.3% APY with $14M in total value locked. High yield rates often correlate with increased risk exposure, including impermanent loss and smart contract risk. Investors should assess their risk tolerance before committing capital.
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Digital Asset Market Clarity Act addresses regulatory framework for banks
The Digital Asset Market Clarity Act is designed to offer regulatory clarity for banks in the cryptocurrency space, defining responsibilities for the SEC and CFTC to promote safer participation.
Notable figures like Timothy Massad caution that these regulations may disrupt existing securities laws, while the NASAA raises alarms about investor protection and state oversight.
Clear regulations could facilitate more institutional investment in digital asset infrastructure, alleviating compliance concerns for banks and centralized intermediaries.
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Ethereum experiences $18 million exchange inflows – what comes next for ETH?
Ethereum recorded notable exchange inflows of 18.47 million USD, largely attributed to significant transfers from Ethena and B2C2. This influx indicates liquidity rather than selling pressure, with Ethereum stabilizing around 2,000 USD.
Current price dynamics suggest consolidation, with support at 1,800 USD and resistance at 2,261 USD. Derivatives traders on Binance maintain a bullish stance, although a crowded long positioning may elevate liquidation risks if prices drop.
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Blockchain.com expands operations to Ghana following 700% trading surge in Nigeria
Blockchain.com is set to enter Ghana after experiencing over a 700% rise in retail trading volume within Nigeria. This reflects the growing demand for crypto services in West Africa.
In Ghana, active users rose by 140%, while transaction volumes increased by 80%. The company aims to strengthen local infrastructure and comply with regulations as it broadens its African outreach.