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Since 2021, cryptocurrency cards have facilitated $3 billion in payments, according to a Visa executive.

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Visa’s executive, Akshay Chopra, has unveiled the significant impact of the company’s partnerships with cryptocurrency exchanges, resulting in billions of dollars in payment volume. During a panel discussion at the Blockchain Economy Dubai Summit, Akshay Chopra, Visa’s Vice President, Head of Innovation and Design, spoke with Cointelegraph reporter Ezra Reguerra. He underscored the pivotal role that Visa cards have played in bridging the gap between traditional fiat currencies and the world of cryptocurrencies in recent years. Chopra pointed out that despite the growing interest in crypto currencies, their use for everyday transactions, such as buying a cup of coffee, remains far from widespread. To address this challenge, Visa forged partnerships with 75 leading crypto currency exchanges in 2021, enabling them to issue Visa cards . This initiative opened up a network of approximately 80 million Visa-affiliated merchants, extending the reach of crypto currency paymen...

Shibarium executive issues strong warning about exploitation risks

Shiba Inu’s marketing strategist Lucie has offered instructions to help users reduce the risk of encountering phishing links and fraudulent schemes when using Shibarium. Lucie, Shiba Inu’s marketing specialist, has cautioned the public against potential exploit ation risks on Shibarium, the newly-released Ethereum layer-2 scaling protocol. According to a post by the executive on X (formerly Twitter), Shibarium is accessible for development by anyone, similar to other blockchains like Polygon and Ethereum. However, this openness also makes it vulnerable to potential attacks. Malicious entities could exploit the platform to target decentralized applications constructed on the layer-2 network or deploy fraudulent rug pull tokens. Users should exercise caution and remain vigilant, as some exploit ers might even utilize the Shibarium name in their scam project titles, Lucie highlighted. Similar to Polygon, Ethereum, and other blockchains, Shibarium is open for anyone to build on. Regret...