Blockchain
Fraud Prevention Company nSure.ai Partners With Merkle Science to Usher in New Era of Security in Digital Currency
Merkle Science, the predictive crypto risk and intelligence platform, has today announced their partnership with nSure.ai, the AI-driven payment fraud prevention platform for the crypto segment, to enhance protection in cryptocurrency. This partnership will reduce crypto crime, combat fraud, and ultimately drive crypto adoption through a safer landscape for digital currency.
Through the partnership, nSure.ai’s customers can access Merkle Science’s Compass, a behavior-based blockchain transaction monitoring solution, to allow end users to transact with cryptocurrency confidently. Merkle Science’s customers can leverage nSure.ai’s fraud platform to mitigate payment fraud while exchanging fiat for cryptocurrency, optimize new customer and partner onboarding, and scale their businesses.
The partnership will unleash a new era of security within the digital currency space, including everything from tracking fraudulent activities to preempting potential threats. Because of this breadth, the partnership creates an end-to-end solution for crypto lifestyle protection, beginning with onboarding and continuing to any on-chain transactions.
“The biggest challenge to crypto adoption is fraud. Merchants and consumers are reluctant to transact with digital currency in a business environment where crypto fraud is rampant,”
says Merkle Science CEO, Mriganka Pattnaik. “Our partnership with nSure.ai overcomes this obstacle, enabling both sides of the marketplace to use cryptocurrency with unprecedented security, safety, and, most of all, confidence.”
“As a leading provider in payment fraud prevention, our team at nSure.ai has recognized the growing demand from crypto exchanges and on-ramp players to secure transactions converting fiat into cryptocurrency,” says nSure.ai CEO and co-founder Alex Zeltcer. “Partnering with Merkle Science and leveraging Compass will ensure that businesses can identify crypto fraud, enable the seamless transactions of legitimate consumers eager to use digital currency for everyday use, and facilitate the successful onboarding on on-ramp partners.”
The post Fraud Prevention Company nSure.ai Partners With Merkle Science to Usher in New Era of Security in Digital Currency appeared first on HIPTHER Alerts.
The blockchain world continues to captivate with its blend of innovation, controversy, and global collaboration. In today’s briefing, we spotlight the latest developments, from token launches to regulatory crackdowns and academic partnerships.
KuCoin Introduces Trump Token on Spot Trading Platform
KuCoin has launched the official Trump Token on its spot trading platform, adding a new layer of political intrigue to the cryptocurrency market. Designed to capitalize on the former U.S. President’s enduring influence, the token represents the intersection of digital assets and cultural zeitgeist. While the move has garnered attention, it also raises questions about the broader implications of politically themed tokens in the blockchain space.
Source: PRNewswire
Trump Immortalized on Bitcoin Blockchain
Donald Trump’s image has been etched into Bitcoin’s blockchain, ensuring his face remains a permanent part of the decentralized ledger. This act highlights the creative and often polarizing ways blockchain technology can be utilized for artistic and symbolic purposes. The incident has sparked debate about the ethical and practical considerations of embedding non-financial data in immutable systems.
Source: Decrypt
Ripple Partners with Ireland’s Trinity College
Ripple has joined forces with Trinity College in Ireland to address pressing blockchain challenges. This partnership aims to advance research and develop innovative solutions to improve blockchain technology’s scalability, efficiency, and security. Such collaborations between academia and industry are vital for fostering the next generation of blockchain breakthroughs.
Source: Crypto.News
SEC Takes Action Against Engineer in GME Rug Pull Case
The U.S. Securities and Exchange Commission (SEC) has charged a New York engineer for orchestrating a rug pull involving a cryptocurrency named GME. The incident underscores the ongoing regulatory scrutiny facing the blockchain industry and highlights the need for robust consumer protection mechanisms to prevent fraudulent activities.
Source: Cryptopolitan
The Gambia’s Blockchain-Powered Digital Infrastructure Plan
The Gambia is embarking on an ambitious project to develop blockchain-powered digital infrastructure. This initiative aims to enhance governance, improve transparency, and boost economic growth. By leveraging blockchain technology, The Gambia seeks to position itself as a trailblazer in utilizing decentralized solutions for national development.
Source: Coingeek
Reflections and Projections
The blockchain ecosystem’s diversity is evident in today’s stories. KuCoin’s launch of the Trump Token and the embedding of Donald Trump’s image on the Bitcoin blockchain illustrate the interplay of culture and technology. Meanwhile, Ripple’s academic partnership with Trinity College highlights the sector’s commitment to solving foundational challenges.
The SEC’s enforcement actions remind us of the importance of regulatory oversight in ensuring the industry’s integrity. Lastly, The Gambia’s forward-thinking adoption of blockchain for national infrastructure development serves as an inspiring example of blockchain’s potential to drive meaningful change.
As the industry evolves, the balance between innovation, regulation, and ethical considerations will remain critical.
The post Blocks & Headlines: Today in Blockchain (KuCoin, Ripple, Trinity College) appeared first on News, Events, Advertising Options.
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