ChainCatcher news, according to CoinDesk, payment giant Mastercard (MA) has integrated its blockchain-based tokenized asset transfer system Multi-Token Network (MTN) with JPMorgan's recently renamed digital asset business Kinexys (formerly known as Onyx). This collaboration aims to enhance B2B cross-border payments, "providing greater transparency and faster settlement speeds while reducing time zone friction."Tokenized foreign exchange is an attractive subset of the real-world asset trend based on blockchain, which has been firmly embraced by traditional finance as it offers an almost real-time, always-online way to avoid cross-border gaps and pain points. The two companies stated in a joint announcement that by integrating Mastercard MTN with Kinexys digital payment connectivity, MTN and Kinexys' mutual clients will be able to settle B2B transactions through a single API.

ChainCatcher news, according to Onchain Lens monitoring, in the past 15 hours, Master Venture (@buildwithMV) has accumulated 140,000 SPX tokens at an average price of $0.714 using 100,000 USDT.As of now, Master Venture has purchased a total of 304,861 SPX tokens, currently valued at $208,000.

ChainCatcher news, according to Bloomberg, U.S. prosecutors have recommended to the judge that Ilya Lichtenstein, the mastermind behind the largest cryptocurrency theft in history, should be sentenced to five years in prison for his involvement in a money laundering scheme related to the $6 billion hack of the Bitfinex exchange in 2016. According to court documents revealed by the government on Tuesday, Lichtenstein, who pleaded guilty last year, should serve more time than his rapper wife and accomplice Heather Morgan.Last week, prosecutors indicated that Morgan, the rapper who calls herself the "Wall Street Crocodile," should be sentenced to 18 months in prison. Prosecutors stated that Lichtenstein fits the profile of young cybercriminals whose online activities "have become somewhat normalized, thereby diminishing the impact on victims." Government lawyers told a federal judge in Washington, "A harsh sentence in this case will help break this cycle."Prosecutors did not seek the maximum sentence for Lichtenstein but considered his cooperation in other criminal cases. Earlier this year, he testified in the government's prosecution of the Bitcoin Fog mixing service money laundering case. Sentencing is scheduled for November.

ChainCatcher news, according to Hong Kong media Xinbao, Standard Chartered Hong Kong, BlackRock, and Mastercard will join hands to participate in the second phase pilot program of the "Digital Hong Kong Dollar" launched by the Monetary Authority. The newly formed tripartite alliance will explore tokenized investment use cases in an end-to-end manner. This potential solution will allow investors to purchase tokenized assets and conduct transaction settlements directly through the digital Hong Kong dollar or tokenized deposits with relevant asset managers.Libeara, nurtured by SC Ventures under Standard Chartered Group, will collaborate with Standard Chartered Hong Kong and BlackRock to provide a platform, jointly promoting the potential issuance of tokenized assets through Mastercard's multi-token network.

ChainCatcher message, The Wall Street Journal reviews Powell's 50 basis point rate cut, stating that the Federal Reserve's goal is to replicate the masterpiece of former Fed Chairman Greenspan in the 1990s, where the rate cut in 1995 laid the foundation for the subsequent soft landing of the U.S. economy and the prosperity of the late 1990s.

ChainCatcher news, according to Bitcoin.com, the U.S. Department of Justice (DOJ) recently announced that 12 defendants have been sentenced for their involvement in a series of violent home invasion incidents that resulted in the theft of cryptocurrency.Among them, Remy Ra St Felix from West Palm Beach, Florida, was sentenced to 47 years in prison for leading the incidents. These crimes involved the theft of over $3.5 million in digital assets, and those sentenced include several individuals responsible for planning and executing the robberies, which spanned multiple states.

ChainCatcher news, payment giant Mastercard has partnered with European crypto payment infrastructure provider Mercuryo to launch a debit card priced in euros. This card allows users to spend cryptocurrencies stored in non-custodial wallets directly. The service will charge certain fees, including a €1.6 card issuance fee, a €1 monthly maintenance fee, and a 0.95% withdrawal fee charged by Mercuryo.

ChainCatcher news, the privacy cryptocurrency project Firo has determined a new token issuance and block reward distribution plan through a community governance process. The new plan includes three main points:A fixed issuance of 6.25 FIRO per block until the total supply reaches 21.4 million;After that, a tail emission of 1 FIRO per block will be implemented;The block reward distribution ratio is 70% for masternodes, 5% for miners, 15% for the development team, and 10% for the community.The Firo core team stated that no further changes to the token economics will be proposed before the tail emission to ensure stability. These changes will take effect at block height 958655, and the team will soon release an urgent update.

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 message, CryptoQuant posted on social media that the daily active addresses of the TON Masterchain have reached a historic high, currently at 946 daily active addresses, which is an increase of over 7 times since July 2021.It is reported that the TON architecture relies on various sidechains to manage most of the data. The main role of the Masterchain is to coordinate message routing and transaction execution, rather than directly handling most of the data.

ChainCatcher news, a Brazilian federal judge has ordered the dismissal of criminal charges against the late CEO of the Bitcoin Ponzi scheme Mirror Trading International (MTI), Johann Steynberg, after police investigations confirmed reports of his death.Steynberg's death certificate has been added to the case file. Following the disclosure of this news, some victims immediately defamed these claims. Some believe that Steynberg may have faked his death. At the time of his death, Steynberg's death certificate indicated that he suffered from acute respiratory failure.