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Chainalysis Acquires AI Fraud Detection Firm Alterya

Fintech News

Blockchain analysis firm Chainalysis has acquired Alterya , an AI-based fraud detection platform focused on identifying scams before they impact victims. This acquisition follows Chainalysis’s recent purchase of Hexagate, a Web 3.0 security platform, as part of its broader strategy to address illicit financial activities.

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dtcpay and BNB Chain Bolster Ecosystem for Real-World Stablecoin Use

Fintech News

dtcpay believes this will encourage more businesses to accept stablecoins, effectively bridging the gap between traditional finance and Web 3.0 dtcpay already supports other popular blockchain networks such as Ethereum, Tron, and Polygon, and plans to expand its stablecoin offerings to include FDUSD and WUSD in the near future.

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Teranode Realises the Potential of Blockchain Technology

The Fintech Times

Blockchain, heralded for its potential to transform industries, is currently undergoing a divergence from its original vision, marked by a prioritisation of speculative interests over core principles like scalability and decentralisation. The blockchain sector is notorious for overpromising and underdelivering.

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Alchemy Pay Aims to Launch Web 3.0 Digital Bank in 2024

Fintech News

The company’s key initiatives for 2024 include advancing its ramp service to achieve 100% global payment coverage, enhancing its crypto card to support more fiat currencies and integrate with major digital payment platforms, and launching a Web 3.0 The introduction of a Web 3.0 companies, respectively.

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HashKey Singapore Now Officially Licensed as Fund Manager by MAS

Fintech News

HashKey Capital Singapore, a company specialising in blockchain and digital asset investments, has secured a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). and blockchain projects worldwide. landscape in Singapore.

Web 3.0 113
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OKX Pay Launched to Simplify Crypto Payments and Self-Custody

Fintech News

It is built on OKXs X Layer, a zero-knowledge-based Layer 2 blockchain developed using Polygons CDK technology, helping to keep transaction costs at zero. Star Xu OKX CEO Star Xu said the new service is part of a broader effort to support the mainstream adoption of crypto and Web 3.0

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5 Stories That Shaped Singapore’s Fintech Scene in 2024

Fintech News

Emerging technologies such as artificial intelligence (AI) and blockchain are being adopted at a fast pace, with generative AI becoming a critical tool for financial institutions. Finally, the fintech startup ecosystem continued to diversify, a trend which is evident in the rapid growth of Web 3.0,

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