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Modern credit cards were invented in the 1950s but didn't gain widespread adoption until later. This was due to the development of infrastructure, regulations, and trust in these financial tools. The Fair Credit Reporting Act in 1970 and the Equal Credit Opportunity Act in 1974 established clear rules for fair lending, which helped eliminate discrimination. Over time, consistent regulatory oversight and value-added services built long-term consumer trust in credit cards, leading to their widespread use today.

In a recent interview, Sergey Nazarov, the creator of Chainlink (LINK), discusses the potential consequences of a financial cataclysm on digital assets and blockchain ecosystems. Nazarov believes that such a crisis could lead to a global correction back to reality, where blockchain technology becomes integrated with the financial system and other industries, creating a more trustworthy and verifiable economy.

SOL and AVAX have emerged as leaders in the altcoin market in recent weeks. SOL has experienced a significant price increase, nearly tripling in value over the past month. This surge can be attributed to the subsiding concerns about FTX dumping its tokens and the growing demand among institutional investors.

Blockchain technology has the potential to provide valuable insights into terrorism financing. However, it is important to understand that while blockchains offer transparency, they do not reveal everything. Analytics firms cannot provide the final word on whether crypto funds are being used by groups like Hamas. In order to uncover the truth behind these complex funding flows, a combination of human intelligence and blockchain analysis is necessary.

Nocturne, a protocol that enables on-chain private accounts, has successfully deployed version one to the Ethereum mainnet. This milestone represents a significant step towards a more private and accessible Ethereum.

In a recent letter, Congress emphasized the need to comprehend the extent of Hamas's digital asset operations. This includes understanding the size, scope, and duration of these operations, as well as assessing the success of the United States in seizing illicit digital assets.

The Blockchain Association, a pro-crypto lobbying group, has expressed concerns about the potential consequences of new proposed crypto regulations from the U.S. Department of the Treasury. These regulations, if implemented, could have a detrimental effect on the domestic decentralized finance (DeFi) sector.

A top executive at banking giant JPMorgan has revealed that JPM Coin, the firm's own digital asset, is expected to experience a significant increase in its daily volume. Umar Farooq, JPMorgan's global head of financial institution payments, stated in a recent interview that the firm has made remarkable progress in offering enterprise blockchain solutions.

Phalcon Block, the world's first automated attack-blocking system, has been launched by BlockSec, marking a significant milestone in the Web 3.0 security industry. This revolutionary system combines protocol monitoring, attack blocking, and incident response to ensure the secure operation of protocols after deployment.

In recent weeks, there has been a surge in the development of new 'layer 2' blockchains that aim to facilitate fast and efficient transactions on top of the Ethereum network. This article explores some of the notable announcements in this space.

The regulator is yet to indicate its ruling on the latest slate of applicants for Bitcoin ETFs. Previous rejections raised concerns about market manipulation and a lack of surveillance-sharing agreements. However, applicants argue that these concerns have been addressed or are no longer relevant after the approval of Bitcoin futures ETFs.

ApeX Protocol, a leading non-custodial derivatives DEX, has announced the beta release of USDT contracts. This marks a significant milestone for ApeX as one of the pioneering DEXs, as it now offers support for both USDC and USDT perpetual contracts.

SkyBridge Capital CEO Anthony Scaramucci predicts that Bitcoin (BTC) and Ethereum (ETH) are on the verge of rallies due to a potential Federal Reserve pivot. In an interview on Bloomberg Television, Scaramucci states that he believes the Fed will halt rate hikes, relieving pressure on risk assets. He also anticipates rate cuts by the Fed in early 2022.

According to on-chain data, an address associated with the failed crypto lending platform Celsius has transferred millions of dollars worth of Ethereum (ETH) to an exchange. The data obtained from blockchain explorer Etherscan reveals that Celsius moved 5,160 ETH, equivalent to approximately $10.49 million, to the institutional crypto trading platform FalconX.

Imagine meeting with your financial advisor to plan for retirement, and seeing crypto products offered alongside other safe and regulated financial products. You decide to allocate to crypto products — not only as an investment vehicle, but also as a tool to execute tax-loss harvesting. What was once a holy grail in crypto adoption is quickly becoming a reality.

The Hong Kong Government is dedicated to creating a conducive environment for the sustainable development of virtual asset transactions. With the increasing appeal of virtual assets to global investors and the potential opportunities that arise as virtual assets enter the realm of Web3, the government recognizes the importance of fostering a facilitating environment.