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MoonPay launches Web3 platform for brands

MoonPay has unveiled a new Web3 platform designed to help brands elevate their digital experiences. This innovative platform aims to bridge the gap between traditional and decentralized digital ecosystems, offering brands a comprehensive suite of tools to integrate and leverage blockchain technology.

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MoonPay has unveiled a new Web3 platform designed to help brands elevate their digital experiences. This innovative platform aims to bridge the gap between traditional and decentralized digital ecosystems, offering brands a comprehensive suite of tools to integrate and leverage blockchain technology.

The newly launched platform allows brands to create, manage, and distribute digital assets, including NFTs (non-fungible tokens), seamlessly. MoonPay’s Web3 platform is designed to simplify the process of entering the blockchain space, providing brands with user-friendly interfaces and robust security features.

MoonPay CEO Ivan Soto-Wright highlighted the platform’s potential to transform how brands engage with their audiences. “Our goal is to enable brands to unlock new opportunities and create immersive digital experiences using blockchain technology,” he said. “With our Web3 platform, we are making it easier for brands to tap into the potential of decentralized networks and digital assets.”

The platform’s launch comes amid growing interest from brands in the Web3 space, as they seek innovative ways to connect with their customers and build loyalty. By offering a streamlined approach to creating and managing digital assets, MoonPay aims to empower brands to explore new business models and revenue streams.

MoonPay’s Web3 platform also includes features for secure transactions, scalable infrastructure, and customizable digital asset solutions. Brands can leverage these tools to enhance their digital presence, engage with tech-savvy audiences, and stay ahead in the rapidly evolving digital landscape.

This initiative by MoonPay marks a significant step towards mainstream adoption of blockchain technology by major brands. As more companies explore the benefits of decentralized digital experiences, platforms like MoonPay’s are poised to play a crucial role in shaping the future of digital engagement and commerce.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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