Tag: Switzerland

Mastercard Crypto Credential Goes Live: Focus on Broader Crypto Adoption with Simplified Transfers

Mastercard has launched its Mastercard Crypto Credential, facilitating the first peer-to-peer (p2p) pilot transactions. The latest offering will enable users on the Bit2Me, Lirium, and Mercado Bitcoin exchanges to send and receive cryptocurrency. Users across Peru, Chile, Portugal, Argentina, Guatemala, Panama, Mexico, Brazil, Paraguay, Spain, France, Switzerland, and Uruguay will be able to conduct both …

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International Operation Targets Notorious LockBit Ransomware Group

LockBit operated on a “ransomware-as-a-service’ model, providing a platform for a global network of hackers to launch attacks. Law enforcement agencies infiltrated LockBit’s primary platform and critical infrastructure, including 34 servers located in multiple countries such as the Netherlands, Germany, Finland, France, Switzerland, Australia, the United States, and the United Kingdom. The international crackdown was …

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BIS and Central Banks Make Waves with Successful CBDC Test in Project Mariana

The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland just recently announced the successful completion of a new CBDC initiative called Project Mariana. This project tested cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs) between financial institutions. As per reports, the novel project leverages the concepts …

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