Mastercard’s Latest Crypto Move: Exploring Acquisition Of Zerohash For $2 Bil...
According to a report by Fortune, Mastercard is reportedly in advanced discussions to acquire Zerohash, a startup specializing in crypto and stablecoin infrastructure, for an estimated $1.5 to $2 billion. Mastercard’s $2 Billion Bet On Zerohash Founded in 2017 and based in Chicago, Zerohash focuses on building stablecoin and blockchain infrastructure, facilitating payments and crypto […]
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The global payments giant plans to incorporate the crypto intelligence project into its digital currency expansion plans. Mastercard’s focus on crypto and digital currencies appears to have taken a greater dimension given the company’s recent move.According to a release on Thursday, the global payments giant has reached an agreement to acquire CipherTrace, a blockchain intelligence firm with crypto forensics capabilities for over 900 cryptocurrencies.As part of the acquisition, Mastercard says it plans to integrate CipherTrace’s operations into its own cyber security solutions for digital....
Mastercard continues to increase its presence in the crypto space. Via a press release, the payment company announced the acquisition of crypto intelligence company CipherTrace. The objective is to improve Mastercard’s crypto capabilities, according to the release. CipherTrace allegedly has “insight into more than 900 cryptocurrencies”. The crypto company provides its clients with a service […]
Mastercard, the second-biggest payments multinational in the world after Visa, has revealed a set of three blockchain APIs in its developer site. The offering of its own blockchain solution can be seen as Mastercard’s attempt to get ahead of the burgeoning pack of blockchain developers across the financial landscape. The credit card giant showcases three API offerings. Its ‘Blockchain Core API’ provides a toolkit for adopters and users to run their own nodes while administrating participants in a blockchain network. The Smart Contracts API allows developers to write custom scripts using....
Mastercard, the leading credit card conglomerate, will allow its users to utilize some cryptocurrencies on its payment network, becoming the latest to adopt crypto. The price of Bitcoin moved rapidly after the Mastercard and BNY Mellon news broke, refueling momentum in the market. Raj Dhamodharan, executive vice president of digital asset and blockchain products and […]
Mastercard will deploy its technology to integrate crypto trading into banks’ interfaces, while Paxos is set to provide its trading and custody services. Mastercard officially announced on Oct. 17 a new program to enable financial institutions to bring crypto trading capabilities and services to their customers.Called “Crypto Source,” the program is designed to allow users to buy, hold and sell cryptocurrencies, complemented by Mastercard’s proprietary Crypto Secure solution for additional security and compliance.The tool is launched in cooperation with Mastercard’s existing partner Paxos....