Mastercard held its first-ever blockchain innovation sprint in London last week as part of the development of its Multi-Token Network (MTN.) Among the participants was fintech startup Polytrade, which showcased how its blockchain-based platform for trade financing could integrate with the MTN. The network aims to enable consumers, merchants, and banks to transact seamlessly and The post Mastercard Multi-Token Network moving at ‘amazing pace’ as Polytrade tests RWA token integration – report appeared first on CryptoSlate.

OpenAI announced the launch of ChatGPT Enterprise on Aug. 28. This new offering provides enterprise-grade security and privacy, unlimited higher-speed GPT-4 access, longer context windows for extended inputs, advanced data analysis capabilities, and customization options. Since its introduction nine months ago, ChatGPT has been adopted by over 80% of Fortune 500 companies, according to corporate The post OpenAI debuts ChatGPT Enterprise with high-speed GPT-4 access, used by 80% of Fortune 500 companies appeared first on CryptoSlate.

Genesis Global and affiliates have reached a deal in principle on a bankruptcy reorganization plan supported by creditors, according to a court filing Tuesday. The cryptocurrency lender aims to emerge from Chapter 11 protection after entering mediation in May to resolve disputes over a reorganization plan. Genesis announced in the court filing that mediation ended The post Digital Currency Group to pay $1.4B as agreement made with Genesis for up to 90% of funds appeared first on CryptoSlate.

Ben Armstrong, the influential figure behind BitBoy Crypto, has reportedly left the company, leaving the crypto community in speculation. According to a screenshot shared by Bitcoin author Jason A. Williams on X, Armstrong’s exit from “Hit Network/BJ Investment Holdings and all its subsidiary brands, including BitBoy Crypto and Around The Blockchain,” is effective immediately. Armstrong The post BitBoy removes host Ben Armstrong amid meme coin controversy – reports appeared first on CryptoSlate.

Fiat-backed stablecoins have eclipsed Mastercard and PayPal in moving more value across their networks in 2022, according to a Bloomberg Intelligence note on Aug. 25. According to Bloomberg Intelligence crypto market analyst Jamie Coutts, stablecoins on several Layer-1 networks transacted $6.87 trillion in 2022, surpassing the transaction volumes of Mastercard and PayPal. However, stablecoins still The post Stablecoin volume outpaces Mastercard, PayPal as digital payments wars loom appeared first on CryptoSlate.