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Elon Musk has launched x.com website that points directly to Twitter. He also promises to transform the iconic blue bird logo into the letter "X" within a single day.
According to the billionaire, this rebranding effort is aimed at transforming Twitter into an all-in-one "everything app," serving not only as a social media platform but also as a payments app and messenger.
In the wake of the news, the X token from an unrelated NFT marketplace with the same name skyrocketed by 1000%. (edited) Pundi X (PUNDIX): Swipe Crypto, Shop Real!
Pundi X integrates crypto into e-commerce. Its open-source platform facilitates seamless crypto payments and expands globally with a one-stop app for digital payments. PUNDIX, the native token, has a $95 million market cap and a sound utility nature. Dive in to read more! IMF's XC: Enabling Cross-Border Transfers and Future CBDCs
The IMF has crafted the XC platform, a solution designed to streamline cross-border payments. This project's intricate details were unveiled by Tobias Adrian, the Director of the Monetary and Capital Markets Department. As his address drew to a close, it became clear that the XC platform is projected to lay the groundwork for the global deployment of CBDCs in the future. Ripple and University of Toronto Team Up for Crypto Education
The University of Toronto, Canada's largest higher education institution by enrollment, is partnering with Ripple to establish an independent XRP ledger validator that will primarily process payments, marking a significant step in fostering the upcoming wave of the crypto industry. Circle Pushes Forward Amidst Regulatory Challenges
Circle, the crypto payments tech company, remains steadfast in its pursuit of going public despite the recent SEC action taken against Coinbase, a publicly traded company. This regulatory setback has not deterred Circle from their ambitions of entering the public market. Hong Kong Launches CBDC Program
In a substantial step forward for the worldwide implementation of central bank digital currencies (CBDCs), the Hong Kong Monetary Authority (HKMA) unveiled its pilot program for the electronic Hong Kong dollar (e-HKD) on Thursday, explaining the digital currency's numerous possible applications in payments and tokenized deposits. AUDN: The Stablecoin Disrupting Cross-Border Transactions
The National Australia Bank (NAB) has launched cross-border payments utilizing its AUDN stablecoin, tailored for instant cross-border transfers. NAB will leverage the Ethereum blockchain to transfer AUDN to its subsidiaries in other countries.
Crypto payments processor Alphapo has reportedly been robbed of at least $23 million in Ethereum, Tron, and Bitcoin, according to blockchain analyst ZachXBT.
The stolen funds on Ethereum were exchanged for ether and then moved to the Avalanche and Bitcoin networks. The exact amount of stolen Bitcoin remains unknown.
Alphapo's client, HypeDrop, has subsequently suspended withdrawals, noting issues with both withdrawals and deposits of BTC, ETH, and TRX. Despite the situation, HypeDrop assured users that their funds remain secure. Quantum Technology Transform Digital Payments
Researchers from the University of Vienna's Vienna Center for Quantum Science and Technology have unveiled a quantum-secured digital payment system. Utilizing pairs of quantum entangled photons, this innovation encrypts payment transactions in a way that makes them virtually impervious to tampering. CBDC Payments Introduced on Buses in China
Jinan, a pivotal city situated in the Shandong Province of China, is propelling the adoption of China's trailblazing central bank digital currency (CBDC), known as the digital yuan. An expansion has taken place where the entire bus network of Jinan is now fully equipped to accept digital yuan as payment for bus fares. The game-changing TON and the Open Network Overview
Discover Toncoin, the native token of The Open Network (TON), a decentralized Layer 1 blockchain. Toncoin is an eco-friendly token designed for payments, fees, and confirmation, boasting fast transactions, low fees, and a flexible architecture. This review covers information about the cryptocurrency's origins, competitors, potential uses, development plans, and token economics. Sanctioned Rosbank Introduces Cross-Border Crypto Payments
Rosbank, a major player in the Russian banking system, has begun executing cross-border crypto transactions. As of early June, the bank has carried out test transactions with both corporate and individual clients. This innovation aims to sidestep Western sanctions intended to halt Russia's conflict with Ukraine. Argentine Authorities Set Sights on Crypto Payments
Argentina's central bank has put a stop to payment providers offering crypto transactions, aiming to limit the country's payment-system exposure to digital assets. The move impacts fintechs and financial institutions alike, as both are now prohibited from facilitating crypto services through their apps. 





