ChainCatcher news, according to Blockworks, during a panel discussion at Devcon held in Bangkok, Vitalik Buterin, Stephen Goldfeder, Ben Jones, and Jesse Pollack discussed the challenges facing Ethereum and its Rollup-centric roadmap.Vitalik Buterin stated that currently, whenever users operate across multiple chains, custom solutions are required. The ideal Ethereum experience should be like using a credit card in Web2, where everything is seamlessly connected in the background. "If Ethereum cannot achieve this level of experience, it will lose to other solutions that can."Stephen Goldfeder mentioned that users should not be burdened by the complexity of the infrastructure and advocated for a "unified Ethereum," envisioning a seamless cross-chain transition within the ecosystem. Vitalik Buterin also emphasized the need to simplify cross-chain asset flows. Ultimately, the panel articulated a shared mission: to enhance user experience without compromising the decentralized spirit of Ethereum, aiming to build an ecosystem centered around users rather than chains.

ChainCatcher news, according to official sources, Jupiter has announced the launch of a mobile application with zero platform fees and built-in on-chain functionality. The built-in on-chain feature supports various payment methods such as Apple Pay and credit cards.The mobile version is equipped with a brand new automatic mode that automatically handles slippage, priority fees, or retries transactions, allowing users to swap any tokens at will.

ChainCatcher news, according to CoinDesk, the Latin American cryptocurrency exchange Ripio has partnered with Visa to launch a DeFi credit card that allows users to spend 30% of their crypto assets locked in the Compound liquidity pool.The card supports various cryptocurrencies including Bitcoin, Ethereum, USDC, USDT, and Ripio's stablecoin UXD. This card is currently in the testing phase, and users can apply by joining the waitlist. Ripio previously launched a Visa prepaid card supporting cryptocurrencies in 2022, offering Bitcoin cash rewards.

ChainCatcher news, according to the Singapore United Morning Post, Mastercard is planning to eliminate traditional credit card numbers and adopt "authentication technology" (Tokenization) to combat online fraud. This technology replaces sensitive data such as credit card numbers with randomly generated numerical sequences (tokens) to reduce the risk of data breaches. Mastercard CEO Michael Miebach stated that the company will expand the use of this technology and replace traditional passwords with biometric identification (such as fingerprints or facial scans). This measure is in response to the increasingly serious problem of online payment fraud, which is expected to exceed $91 billion by 2028.Miebach pointed out that the conventional thinking in the past was to protect data and transactions with passwords to ensure security; however, this approach has gradually become a security vulnerability. But "authentication technology" replaces sensitive information with "tokens," making it impossible to decipher real information even if the data is illegally accessed by hackers. Furthermore, "authentication technology" also helps businesses comply with data protection regulations, such as the EU General Data Protection Regulation (GDPR) and the Payment Card Industry Data Security Standard (PCI DSS). Mastercard stated that by the end of this century, all e-commerce transactions in Europe are expected to be replaced by "tokens."

ChainCatcher news, the Australian government has banned gambling websites from accepting cryptocurrencies and credit cards. The government announced this ban at the end of last year and stipulated that companies had six months to comply. Now this window has expired, and Australian online gambling portals may face fines of up to $155,000 for violations. Dedicated gambling regulatory bodies have also been granted greater powers to enforce these restrictions.According to the new regulations, in Australia, digital currencies like Bitcoin can no longer be used for online betting. The same restrictions have existed in real-world gambling, but due to the "low risk" of lotteries, these restrictions have not extended to lottery games.

ChainCatcher news, according to CoinDesk, the Ethereum liquid staking protocol ether.fi has launched the Cash crypto credit card to help users directly use their DeFi assets for daily spending without the need for off-ramp operations.It is reported that Cash is a mobile wallet and Visa credit card that can collateralize users' assets staked in ether.fi and Liquid liquidity pools, borrowing USDC for direct consumption payments. The interest portion will be automatically repaid by the user's DeFi investment earnings.

ChainCatcher news, according to The Block, the Avalanche ecosystem shooting game Shrapnel has recently implemented an integration that allows players to purchase the game's utility token SHRAP using credit or debit cards.According to another statement, players of the game can use Moonpay or Stripe as payment gateways to convert fiat currency into SHRAP.

ChainCatcher message, Jupiter stated on social media that it has integrated the Mercuryo fiat gateway, allowing users to purchase tokens with a credit card at 0 fees (limited time).

ChainCatcher news, South Korea's top financial regulator, the Financial Services Commission (FSC), today proposed amendments to its Credit Finance Act, aimed at prohibiting domestic citizens from using credit cards to purchase cryptocurrencies on overseas trading platforms.In response, the FSC stated that this decision is driven by concerns over illegal outflow of domestic funds, money laundering, and encouraging speculative behavior.

ChainCatcher news, according to a report by News1, a member office of the Financial Supervisory Service of South Korea submitted a report titled "The Situation of Credit Card Companies Preventing Overseas Virtual Asset Transactions in the Past Five Years," which shows that as of March 2023, there have been 46,409 cases of illegal virtual asset transactions conducted through credit card companies. In 2019, this figure was 15,820 cases, in 2020 it was 435,300 cases, and in 2022 it was 57,203 cases.

ChainCatcher news, the crypto credit card HopeCard under Hope.money will start public testing on October 13, with physical cards in preparation. It is reported that HopeCard is a crypto credit card that allows users to obtain fiat credit limits by recharging digital assets, successfully solving the problem of users being unable to spend digital assets in daily life, while avoiding the complexities and risks of off-exchange trading.In addition, users can earn Hope.money ecosystem tokens LT rewards when using HopeCard for consumption. LT and veLT holders will also enjoy exclusive benefits. Currently, HopeCard can be used for online or offline payments at 80 million Visa merchants worldwide, supporting platforms such as Apple Pay, Google Pay, PayPal, Amazon, and Netflix, providing diverse consumption scenarios to meet users' daily needs. HopeCard will later connect with the ecosystem clearing and settlement protocol HopeConnect, offering richer usage scenarios.Please note that the availability of products and services provided by HopeCard is subject to jurisdictional restrictions, and using this card indicates acceptance of the terms of service, privacy policy, and fee schedule.

ChainCatcher news, according to CoinDesk, due to the rules of the UK's Financial Conduct Authority (FCA), the crypto lending platform Nexo will gradually discontinue cashback services for UK exchanges and credit card transactions. Starting from October 8, Nexo will gradually phase out cashback services for Nexo Exchange and Nexo Card transactions, as well as referral and affiliate programs.

ChainCatcher news, the crypto lending platform Nexo has launched a "dual mode" Mastercard that combines debit and credit card features, now available to the public for citizens and residents of the European Economic Area (EEA).Nexo claims that this card addresses the issue of users needing to convert digital assets into fiat currency before spending, and Nexo debit card users earn 9% interest on their held cryptocurrencies.

ChainCatcher news, citing sources from The Wall Street Journal, reports that VISA and MasterCard are preparing to increase credit card transaction fees, with the fee hike planned to start in October and April next year. Much of this increase comes from online shopping.Consulting firm CMSPI, which works with merchants, states that these changes could lead to an additional $502 million in costs for merchants annually. CMSPI estimates that the increase in online fees will account for just over half of the revenue. The remainder will come from the increase in transaction fees (also known as swipe fees). Merchants are required to pay these fees when shoppers pay with credit cards.

ChainCatcher news, according to Bloomberg, a spokesperson for Binance stated that since July, Visa has stopped issuing new co-branded credit cards with Binance in Europe. Meanwhile, Mastercard Inc. will end its credit card partnership with Binance starting September 22, a decision that will affect all four co-branded card programs between Mastercard and Binance in Argentina, Brazil, Colombia, and Bahrain. Mastercard declined to disclose the reason for this move.In addition, an article posted by Binance on social media stated that less than 1% of users in Latin America and the Middle East will be affected by this decision, and Binance's accounts globally are not impacted.

ChainCatcher news, according to Newsroom, the stock and cryptocurrency trading platform Robinhood will acquire the credit card platform X1 for approximately $95 million, expected to be completed in the third quarter of 2023. It is reported that the X1 credit card has no annual fees, late fees, or foreign transaction fees, and offers rewards for every purchase. (Source link)