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first_img Privacy Infrastructure Hinkal Joins Mastercard Crypto Partner Program

Privacy infrastructure Hinkal announced on October 9, 2026, its participation in the Mastercard Crypto Partner Program. This program connects crypto and blockchain teams, Mastercard teams, and its global payment network, with members including stablecoin issuers, infrastructure providers, fiat exchange service providers, crypto card supporters, and blockchain and blockchain service providers. Mastercard positions it as a way to transform technological capabilities into compliant use cases for global commerce; some members can also access financial institutions within the card issuing and acquiring networks and receive regulatory and compliance support aligned with global standards.Related use cases include cross-border payments and remittances, B2B transactions, fund and settlement flows, stablecoin payments, and card projects that allow users to spend digital assets at regular merchants. Hinkal can provide embeddable privacy capabilities for wallets, payment platforms, and chains, allowing stablecoins to settle in private balances and transfer using zero-knowledge proofs, ensuring that the amount, sender, or receiver is not disclosed during on-chain transfer verification. This capability is already live on Ethereum, Polygon, Solana, TRON, and other major EVM chains, accessible via SDK and API.Existing integrations include Private Send in Polygon Wallet, Hinkal Private Send in the Tether wallet development kit, Turnkey wallets that can enhance privacy features through Hinkal SDK, and Avvio running Hinkal private payments on its own interface.

The mastermind behind the armed robbery of a cryptocurrency practitioner in Singapore was sentenced to 12 years and 11 months in prison and received 24 lashes

According to the United Morning News, seven Malaysian gangsters targeted players attending a poker game, breaking into a luxury private residence in Bukit Timah late at night, armed and stealing over 4.9 million dollars, quickly splitting into two groups to escape Singapore. Six of them pleaded guilty in the High Court on Monday (September 14), with the two masterminds sentenced to 12 years and 11 months in prison, 24 strokes of the cane, plus a fine of 4,000 dollars.In court, it was revealed that the masterminds, Wu Wentong (30 years old) and Huang Zhishan (35 years old), learned from a friend who had previously attended the poker game that the house often held poker games at night. After scouting the location, they discovered that the front door of the house would not be locked during the game. Wu Wentong and Huang Zhishan then recruited five other accomplices, specifically coming to Singapore to commit the crime. This armed robbery occurred around 2 a.m. on April 18, 2024, at a residence in the upscale Alper Wang Garden area, where 11 men and women were playing poker in the living room.According to the case details, around March 2024, Wu Wentong and Huang Zhishan decided to rob the poker players at the house due to financial issues. They knew that they could not carry out such a large-scale robbery with just the two of them, so they contacted Hamidun, who runs a private security company and provides debt collection services, to help gather a team, promising a reward of 1.5 million ringgit (approximately 470,000 Singapore dollars). After the group succeeded, they left in a multi-purpose vehicle, splitting into two groups to leave Singapore via the Tuas and Woodlands checkpoints. At the same time, several players in the private residence managed to free themselves from their restraints and reported the robbery to the police. With the assistance of the Royal Malaysia Police, the six defendants were arrested between late April and November 2024 and were extradited to Singapore for prosecution. The police have since recovered virtual currency worth 1.69 million dollars, while the remaining funds and property are still missing.

first_img Mastercard report: By 2030, 300 million shoppers will regularly use AI agents

Mastercard recently released the report "A Short History of the Future of Shopping and Payments," predicting that by 2030, approximately 300 million shoppers worldwide will regularly use AI agents, primarily concentrated in the United States, the United Kingdom, the Netherlands, China, and South Korea. The report is based on a survey conducted from June to July 2026 involving 13 markets and 13,000 pairs of parents and teenagers (a total of 26,000 respondents).The survey shows that 65% of British teenagers believe AI will change the shopping habits of their generation, and the likelihood of teenagers globally using AI for shopping is about twice that of their parents. 22% of British teenagers expect shopping to be dominated by AI within five years, compared to only 11% in France. 79% of teenagers and 70% of parents have used AI to research products in the past year, while 51% of teenagers and 46% of parents have used AI to complete a purchase at least once.The report cites Gartner's prediction that by 2028, the majority of B2B procurement will be mediated by AI agents, driving over $15 trillion in spending; by 2030, 20% of monetary transactions will be programmable. The report also suggests that "Know Your Agent" (KYA) could become a compliance advantage, with payment intent, consent, and machine-readable warranties forming the infrastructure of agent-based commerce.
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